MDURATION DAX Function (Financial)

Returns the modified Macauley duration for a security with an assumed par value of $100.

Syntax

MDURATION ( <Settlement>, <Maturity>, <Coupon>, <Yld>, <Frequency> [, <Basis>] )
Parameter Attributes Description
Settlement

The security’s settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer.

Maturity

The security’s maturity date. The maturity date is the date when the security expires.

Coupon

The security’s annual coupon rate.

Yld

The security’s annual yield.

Frequency

The number of coupon payments per year. For annual payments, frequency = 1; for semiannual, frequency = 2; for quarterly, frequency = 4.

Basis Optional

The type of day count basis to use.

Return values

Scalar A single decimal value.

Last update: Jul 8, 2020   » Contribute   » Show contributors

Contributors: Alberto Ferrari, Marco Russo

MSDN documentation: https://support.microsoft.com/en-us/office/mduration-function-b3786a69-4f20-469a-94ad-33e5b90a763c

DAX Conventions
Context Transition

This function performs a Context Transition if called in a Row Context. Click to read more.

Row Context

This expression is executed in a Row Context. Click to read more.

Iterator

Not recommended

The use of this function is not recommended. See Remarks and Related functions for alternatives.

Not recommended

The use of this parameter is not recommended.

Deprecated

This function is deprecated. Jump to the Alternatives section to see the function to use.

Deprecated

This parameter is deprecated and its use is not recommended.

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