Macaulay duration

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Macaulay duration

The weighted-average term to maturity of the cash flows from a bond, where the weights are the present value of the cash flow divided by the price.
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Our view is based on the outlook for the Chinese economy and robust structural protections of the transactions, including sufficient credit enhancement and short bond duration. We also continue to believe that the prudent underwriting standards of originators will provide a backstop to broad-based defaults.
Indosuez Wealth Management added that in the current environment of lower interest rates, the hunt for higher yields and longer bond duration is driving the demand for dollar bonds higher.
Other carriers have developed features designed to produce benefits from changing interest rates by regulating bond duration. For example, these products might peg performance to both an equity index and a bond index to control for market volatility.
Performance bond duration: 60 months Method of establishment: according to Art.
Today, relatively few TDF families make use of long bonds." The role of matching bond duration to DB liabilities via LDI strategies is clear: According to CIO's 2013 LDI Survey (Figure 1), the average fixed-income duration was slightly under that of the liability at 11.7 years to 13.5 years.
A study of bond duration indicates that many insurers have invested in short-term bonds with an average duration of around 4 years.
Bond duration would vary by sub-project: street construction (10 years), sewer (30) and water (40).
* Fidelity Capital & Income (FAGIX), $3 billion; no load (no sales charge); $2,500 minimum initial investment; 800-544-8888; average bond duration 5.5 years; 30-day yield 8.16 percent; up 14.13 percent.
Bond duration. Duration is the weighted average time from investment in the bond until receipt of cash flows from the investment.
"The fact that you have the swap, and that you've pushed your bond duration out to 10, demonstrates your and your board's awareness of the desirability of LDI.
Deposits and Guarantees required: Bid bond duration 360 days obligation to conclude the contract if awarded at 213 894.92 euros issued in the manner and by the persons indicated in art.