| 释义 |
duration matching strategy Duration matching strategyAn immunization technique that matches asset duration with the duration of the liabilities.Duration Matching StrategyAn immunization strategy in which one matches the duration of assets in a portfolio to the duration of the liabilities. Duration is the number of years until the investor receive the present value of all income from a bond (including interest and principal), and is used to gauge a bond's sensitivity to interest rate changes. A duration matching strategy is intended to reduce the portfolio's sensitivity to interest rates in order to reduce the risk of loss to the holder.duration matching strategy A method of assembling a bond portfolio so that the duration of the portfolio equals the duration of the investor's liability stream. Compare cash matching strategy. |