Bond Duration Calculator

    Calculate Macaulay and modified bond duration

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    Formula

    MacD = Σ(t × PV_t) / Price

    Duration measures bond price sensitivity to interest rate changes.

    Examples

    000, 5% coupon, 4% YTM, 10yr

    Duration ≈ 8.1 years.

    Frequently Asked Questions

    About Bond Duration

    Calculate bond duration to assess interest rate risk.