Bonds, Interest Rates & Exchange Rates
Which bonds have longer durations?
ฉบับภาษาไทยของหน้านี้กำลังจัดทำ ขณะนี้แสดงเนื้อหาเป็นภาษาอังกฤษ
Duration is determined by maturity, coupon rate and the market interest rate (discount rate).
The longer the maturity, the longer the duration; the higher the coupon rate, the more money is recovered early, so the duration is shorter. The higher the market interest rate, the smaller the weight of distant future cash flows, so the duration is shorter.
This answer is general financial information as of 14/10/2569, not investment advice. Rules and tax rates change, so please also check the latest guidance from the source institution.