Wallison shows that each time a CDS is traded, the "notionalamount" increases, even though the amount of risk is unchanged.
沃利森说明,信用违约交换单每交易一次,其“名义金额”都要增加,即使风险的数量并没有改变。
2
Leverage is the amount, expressed as a multiple, by which the notionalamount traded exceeds the margin required to trade.
杠杆作用以倍数表达,因此交易的名义金额超出所需保证金的数量。
3
The buyer may give more than one successive Notice of Physical Settlement provided that the cumulative amount to be delivered does not exceed the NotionalAmount.