Modified duration
🔬

Modified duration

Type
Real
Description
YTM
Required
No
Sample
4.55
Rule
Must be a real number

This optional field allows the user to supply a modified duration, or interest-rate sensitivity measure, for the current security. This can be useful for highly complex securities that may be complex to define and model. In such cases, it may be easier to set up the security as a pass-through security, to supply an external modified duration and to use that in the attribution analysis.