The elasticity of a debt security is not affected by its coupon rate, but the security's maturity does affect its elasticity; longer-maturity debt instruments usually have greater elasticity.

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The elasticity of a debt security, which reflects its sensitivity to interest rate changes, is affected by both its coupon rate and its maturity. Lower coupon rates and longer maturities generally increase a bond's sensitivity to interest rate changes, thus affecting its elasticity.

The Elasticity of a Debt Security Is Not Affected by Its