DURATION definition and meaning

duration  Duration produces a string according to the ISO 8601 notation for durations The examples in this page use this notation extensively Briefly, the ISO 8601 DURATION meaning: 1 : the length of time that something exists or lasts; 2 : until the end of something often + of

duration · durationdu‧ra‧tion djʊˈreɪʃəndʊ- noun · the length of time that something continuesWe have hired her for the duration of Table 1 below compares measures of duration for bonds with maturities varying from 1 year to 30 years Duration is based on 8% par fixed-coupon bonds We

Determinants of Duration · Duration is inversely related to the bond's coupon rate · Duration is inversely related to the bond's yield to maturity  Duration is an imperfect way of measuring a bond's price change, as it indicates that this change is linear in nature when in fact it exhibits a sloped or “