What do "yield type" and "duration" mean in this table of bonds?
In this table of bonds, what do the columns "Yield Type" (values e.g. "C", "M") and "Duration" mean?
I thought "Duration" would be the number of years to maturity, but the values seem to be something else.
1 Comments
Sorted by latest first Latest Oldest Best
Investopedia has this definition of duration:
The duration number is a complicated calculation involving present
value, yield, coupon, final maturity and call features. Fortunately
for investors, this indicator is a standard data point provided in the
presentation of comprehensive bond and bond mutual fund information.
The bigger the duration number, the greater the interest-rate risk or
reward for bond prices.
As for Yield Type, I suspect C would be Coupon bonds while M would be bonds that the interest would be paid at Maturity.
Terms of Use Privacy policy Contact About Cancellation policy © freshhoot.com2026 All Rights reserved.