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Next Principal Redemption Payment

Next Principal Redemption Payment

Acronym: PRNXT
Identifier: nextPrincipalRedemptionPayment
Group: Notional Principal
Type: Real
Default: ``

Description

Amount of principal that will be paid during the redemption cycle at the next payment date. For amortizing contracts like ANN, NAM, ANX, and NAX this is the total periodic payment amount (sum of interest and principal).

Allowed Values

  • Positive