...
6) For next week.
Proceedings:
Everyone had challenges getting into the meeting today - likely with everyone working from home, so we started quite late. Apologies to anyone who was unable to join us.
The council is very interested in our working on a demonstration using the Mizuho content, and will see MakoLab has the bandwidth to create a user interface on top of Stardog / Cambridge Semantics.
Notes from John on discount notional:
As per your request regarding discount notional amount definition; for interest rate swaps where the contract states that discounting is applicable, a discount rate and discount rate day count fraction are specified. When calculating payments for such a swap a discounted notional amount is used where
Discounted Notional Amount = Notional Amount /( 1 + (Discount Rate X Discount Rate Day Count fraction))