The Collaborative Market Data Network -
serving the Public interest of Transparency in Debt Capital Markets
The Collaborative Market Data Network
Serving Transparency in Capital Markets
The Collaborative
Market Data Network

Dictionary

Duration Manager

The role of a duration manager is to stabilise the market during the setting of the bond’s issue price, by acting as a counterparty on behalf of all the syndicate members for switch orders presented by the investors (orders presented on the condition of simultaneous sale of another security at a certain minimum price).