HP Aggregate Notional Principal Outstanding decreased by 2.9% to $18.74B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 11.9%, from $21.28B to $18.74B. Over 5 years (FY 2020 to FY 2025), Aggregate Notional Principal Outstanding shows a downward trend with a -2.6% CAGR.
aggregate_notional_principal_outstanding| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.83B | $23.96B | $25.78B | $24.53B | $24.26B | $21.89B | $21.44B | $21.78B | $20.67B | $20.69B | $20.60B | $20.09B | $19.72B | $19.61B | $20.25B | $21.28B | $20.91B | $18.31B | $19.30B | $18.74B |
| QoQ Change | — | +0.5% | +7.6% | -4.8% | -1.1% | -9.8% | -2.1% | +1.6% | -5.1% | +0.1% | -0.4% | -2.5% | -1.8% | -0.6% | +3.3% | +5.1% | -1.7% | -12.4% | +5.4% | -2.9% |
| YoY Change | — | — | — | — | +1.8% | -8.6% | -16.8% | -11.2% | -14.8% | -5.5% | -3.9% | -7.8% | -4.6% | -5.2% | -1.7% | +5.9% | +6.0% | -6.6% | -4.7% | -11.9% |