Iginla2011

BiPolarBoyBoston Wrote:
-------------------------------------------------------
> Welcome back JDV!!!
>
> Duration of a zero coupon bond = years to maturity
> so a bond with maturity of 10yrs with zero coupon
> has a duration of 10.
>
> For a floating rate bond/payment, it is 1/2 the
> time till the next payment date. So with swaps
> with semi-annual payments the duration is 1/4


Ok, thanks, I must have missed the zero coupon thing when reading.