A swap where the notional amount is constant is called:

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A bullet swap is a type of interest rate swap where the notional amount remains constant throughout the life of the contract. This is also referred to as a fixed-term swap or a plain vanilla swap. Option A (quality swap) and Option D (accruing swap) are not commonly used terms in swaps. Option C (amortizing swap) is a type of swap where the notional amount decreases over time, which is the opposite of a bullet swap.

A Swap Where the Notional Amount Is Constant Is Called