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MDURATION

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Modified Macauley duration.

  • Excel: Not checked yet
  • Google Sheets: Not checked yet
  • Returns: Number

Examples

=MDURATION(DATE(2026,1,15), DATE(2030,1,15), 0.05, 0.04, 2)
Result 3.609465279848172

Syntax

MDURATION(settlement, maturity, coupon, yld, frequency, [basis])
settlement
number required
maturity
number required
coupon
number required
yld
number required
frequency
number required
basis
number optional

Errors

#NUM!
=MDURATION(2, 2, 3, 2, 2)
ACCRINTAccrued interest for a security paying periodic interest. ACCRINTMAccrued interest for a security paying at maturity. AMORDEGRCDepreciation per period, French accounting, degressive. AMORLINCDepreciation per period, French accounting, linear. COUPDAYBSDays from coupon period start to settlement. COUPDAYSDays in the coupon period containing settlement.