FIXED INCOME
WAL
The principal-weighted average time until principal repayments are received.
What does it stand for?
Weighted Average Life
What it means
The principal-weighted average time until principal repayments are received.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Acronyms
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.