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This is a materiality principle that should be assessed by the undertaking taking the description in the log file “Only applies to CIC categories 1, 2, 4 (when applicable, e.g. for collective investment undertaking mainly invested in bonds), 5 and 6“ into consideration. EIOPA believes that the information requested for supervisory purposes is also needed for risk management purposes. It is the responsibility of the undertaking to decide “when is knowing the duration relevant” considering the amount on investments in bonds included in the collective investment undertakings that it holds. This would be particularly relevant in the Asset-Liability Management analysis to be performed by the undertaking. The undertakings need to be prepared to justify its decision if challenged by the NSA.