A swap where the notional amount declines over time is called:

Name: A swap where the notional amount declines over time is called:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An amortizing swap is a swap where the notional amount declines over time. Bullet swaps have a fixed notional amount that is exchanged at maturity. Quality swaps have a reference asset that changes over time based on certain conditions. Accruing swaps have a notional amount that increases over time. Therefore, the correct choice is (C) an amortizing swap.

A Swap Where the Notional Amount Declines Over Time Is