The longer the duration of bonds, the greater the impact of interest rate fluctuations on bond prices. For long-term bonds, when the interest rate falls, the bond price will rise sharply; When interest rates rise, bond prices will fall sharply.

Strengthen the supervision and management of the duration of green financial bonds, and improve the prevention and disposal mechanism of bond default risks. Give full play to the function of financial markets to support green financing and enhance the ability of green finance to support the transformation of the real economy.

The remaining term of the bond is the waiting period of the bond. The shorter the waiting period, the closer the bond price is to its final value (transaction price), so the longer the waiting period, the lower its price.

For example, a five-year corporate bond has a duration of five years. If you buy it in the third year, its remaining period is three years. Where corporate bonds are postponed, their duration shall be extended accordingly.

The remaining term of the bond is the waiting period of the bond. The shorter the waiting period, the closer the bond price is to its final value (exchange price), so the longer the waiting period, the lower the price.

The compass is actually the north arrow, and there is no reverse. Accustomed to the saying of the compass, many people hope that the pointer of the compass points to the south, but it is not. That needle is magnetic, so you can't get it back.