Is the Modified Duration Calculator free?

Yes. The Modified Duration Calculator on calculpage is completely free with no account required.

Yes. All calculations run entirely in your browser. Nothing you enter is transmitted to any server.

What category does the Modified Duration Calculator belong to?

The Modified Duration Calculator belongs to the Financial category on calculpage.

Financial

Modified Duration Calculator

Calculate modified duration and DV01 from Macaulay duration.

Macaulay Duration (years)

Yield to Maturity (%)

Coupon Frequency (per year)

Formula & How It Works

Modified Duration = Macaulay Duration / (1 + YTM / Frequency). DV01 = Modified Duration × Bond Price × 0.0001.

Related Calculators

Mortgage

Loan

Auto Loan

Interest

Payment

Retirement

Frequently Asked Questions

What is DV01?▼

DV01 (Dollar Value of 01) is the dollar change in bond price for a 1 basis point (0.01%) change in yield. It is widely used in fixed income risk management.

What frequency should I enter?▼

Enter 1 for annual, 2 for semi-annual (most US bonds), 4 for quarterly, or 12 for monthly coupon bonds.

How is modified duration different from Macaulay?▼

Macaulay duration is the weighted average time to receive cash flows. Modified duration converts it to a direct price sensitivity measure.

Loading calculator...