Last Update: 23 Oct 2018 8:15 GMT+0
The China 10Y Government Bond has a 3.604% yield.
10 Years vs 2 Years bond spread is 44.5 bp.
Central Bank Rate is 4.35%.
The China rating is A+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 66.96 and implied probability of default is 1.12%.
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
A+
|
- |
| Moody's Investors Service |
A1
|
- |
| Fitch Ratings |
A+
|
- |
| DBRS |
A (high)
|
- |
| China Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 4.35% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Implied PD | |
|---|---|---|---|---|---|
| 5 Years CDS | 66.96 | +1.21 % | +16.90 % | 1.12 % |
China Government Bonds
List of available Government Bonds. Click on the "Residual Maturity" link to get historical serie. Click on the Forecast link
, to see preditions of bond yield.
Price refers to a hypothetical zero coupon bond, with a face value 100.
| Residual Maturity |
Yield | ZC Price | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 1 year | 2.911% | -9.1 bp | -7.6 bp | 97.17 | +0.08 % | +0.07 % | |||
| 2 years | 3.159% | -18.0 bp | -6.4 bp | 93.97 | +0.35 % | +0.13 % | |||
| 3 years | 3.220% | -14.0 bp | +18.7 bp | 90.93 | +0.41 % | -0.55 % | |||
| 5 years | 3.420% | -9.6 bp | +20.0 bp | 84.52 | +0.46 % | -0.97 % | |||
| 7 years | 3.595% | -12.1 bp | +7.0 bp | 78.10 | +0.83 % | -0.47 % | |||
| 10 years | 3.604% | -10.9 bp | +0.1 bp | 70.18 | +1.05 % | -0.01 % | |||
| 15 years | 3.898% | -9.5 bp | +2.3 bp | 56.35 | +1.39 % | -0.34 % | |||
| 20 years | 3.941% | -8.7 bp | +5.6 bp | 46.16 | +1.70 % | -1.07 % | |||
| 30 years | 4.153% | -2.5 bp | +11.0 bp | 29.50 | +0.72 % | -3.12 % | |||
10Y Bond Yield Spread - China vs Main Countries
The China 10Y Government Bond has a 3.604% yield. Click on Spread value for the historical serie.
A positive spread (marked by a red circle) means that the 10Y Bond Yield is higher than the corresponding foreign bond.
Clicking on the "Full Country Comparison" link, you can perform a full check of available data and see the differences between the countries.
| China 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Japan 10Y | 345.5 bp | -12.9 | -8.7 | ||
| Germany 10Y | 317.3 bp | -7.9 | +20.5 | ||
| France 10Y | 280.2 bp | -13.2 | +4.2 | ||
| United Kingdom 10Y | 210.6 bp | -5.0 | +4.0 | ||
| Spain 10Y | 191.5 bp | -28.5 | -37.9 | ||
| Canada 10Y | 111.9 bp | -16.4 | -12.9 | ||
| Australia 10Y | 92.5 bp | -8.9 | +19.2 | ||
| United States 10Y | 44.8 bp | -19.8 | -17.8 | ||
| Italy 10Y | 15.0 bp | -72.4 | -166.1 | ||
| India 10Y | -429.7 bp | +6.6 | -16.0 | ||
| Russia 10Y | -494.6 bp | +3.1 | -120.9 | ||
| Brazil 10Y | -660.6 bp | +138.1 | -51.4 |
China Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The overall yield is the current market yield. The highlighted column refers to the zero coupon bond.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 30 years | 4.153% | 29.50 | 46.48 | 80.43 | 114.38 | 148.33 | 182.28 | |
| 20 years | 3.941% | 46.16 | 59.82 | 87.14 | 114.47 | 141.79 | 169.11 | |
| 15 years | 3.898% | 56.35 | 67.55 | 89.94 | 112.34 | 134.74 | 157.13 | |
| 10 years | 3.604% | 70.18 | 78.46 | 95.00 | 111.55 | 128.10 | 144.64 | |
| 7 years | 3.595% | 78.10 | 84.19 | 96.37 | 108.56 | 120.75 | 132.93 | |
| 5 years | 3.420% | 84.52 | 89.05 | 98.10 | 107.15 | 116.20 | 125.25 | |
| 3 years | 3.220% | 90.93 | 93.75 | 99.38 | 105.01 | 110.65 | 116.28 | |
| 2 years | 3.159% | 93.97 | 95.88 | 99.70 | 103.51 | 107.33 | 111.15 | |
| 1 year | 2.911% | 97.17 | 98.14 | 100.09 | 102.03 | 103.97 | 105.92 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||