DURATION Function in Excel: Syntax, Examples and Free Practice
DURATION is an Excel Financial function. Returns the annual duration of a security with periodic interest.
DURATION syntax
Arguments
settlement: The security's settlement (purchase) datematurity: The security's maturity datecoupon: The security's annual coupon rateyld: The annual yield of the securityfrequency: How many payments occur per year
When to use DURATION
DURATION is used in loan, investment, or valuation models where precise financial math is required.
Practice DURATION online, free
Open the live Excel-style spreadsheet and try DURATION yourself. No Excel install or sign-up needed to start.
Practice DURATION now →More Financial functions
Frequently asked questions
What does the DURATION function do in Excel?
Returns the annual duration of a security with periodic interest.
What is the syntax of DURATION in Excel?
The syntax is =DURATION(settlement, maturity, coupon, yld, frequency, [basis]). settlement: The security's settlement (purchase) date; maturity: The security's maturity date; coupon: The security's annual coupon rate; yld: The annual yield of the security; frequency: How many payments occur per year.
Where can I practice DURATION online for free?
Open the free live spreadsheet on Cellgrids and try DURATION yourself. No Excel install is needed and you can start without signing up.
All Excel formulas · Cheat sheet · Excel exercises · Financial functions · Excel case studies · Excel tutorials · Excel shortcuts