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   Partial Duration
   















 

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Partial Duration

A technique for applying some of the principles of duration analysis to rate changes that affect only part of the yield curve, typically the shorter end of the curve. Partial durations will sum to a value that is usually close to the overall effective duration. Similar concepts are Reshaping Durations, Key-Rate Duration. See also Macaulay Duration, Modified Duration, Effective Duration, Option-Adjusted Duration.

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