Last Update: 13 Dec 2018 5:15 GMT+0
The China 10Y Government Bond has a 3.333% yield.
10 Years vs 2 Years bond spread is 55 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 64.22 and implied probability of default is 1.07%.
| 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 | 64.22 | -7.50 % | -2.14 % | 1.07 % |
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 | 2.626% | +0.9 bp | -63.1 bp | 97.44 | -0.01 % | +0.61 % | |||
| 2 years | 2.783% | -13.3 bp | -53.9 bp | 94.66 | +0.26 % | +1.06 % | |||
| 3 years | 2.882% | -21.5 bp | -57.1 bp | 91.83 | +0.62 % | +1.67 % | |||
| 5 years | 3.066% | -23.6 bp | -47.9 bp | 85.99 | +1.15 % | +2.36 % | |||
| 7 years | 3.285% | -21.0 bp | -39.8 bp | 79.75 | +1.42 % | +2.73 % | |||
| 10 years | 3.333% | -16.9 bp | -37.9 bp | 72.05 | +1.65 % | +3.73 % | |||
| 15 years | 3.553% | -25.0 bp | -44.5 bp | 59.23 | +3.68 % | +6.64 % | |||
| 20 years | 3.591% | -26.1 bp | -43.8 bp | 49.38 | +5.15 % | +8.81 % | |||
| 30 years | 3.800% | -26.3 bp | -35.9 bp | 32.66 | +7.86 % | +10.90 % | |||
10Y Bond Yield Spread - China vs Main Countries
The China 10Y Government Bond has a 3.333% 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 | 327.6 bp | -11.2 | -38.7 | ||
| Germany 10Y | 304.5 bp | -5.6 | -18.8 | ||
| France 10Y | 259.1 bp | -13.2 | -27.5 | ||
| United Kingdom 10Y | 205.3 bp | +4.8 | -28.7 | ||
| Spain 10Y | 189.8 bp | +2.0 | -39.7 | ||
| Canada 10Y | 119.9 bp | +15.6 | -19.1 | ||
| Australia 10Y | 85.9 bp | +7.2 | -7.7 | ||
| United States 10Y | 42.2 bp | +6.3 | -31.4 | ||
| Italy 10Y | 33.4 bp | +28.6 | -56.3 | ||
| India 10Y | -406.1 bp | +19.9 | +15.7 | ||
| Russia 10Y | -534.7 bp | +18.1 | -147.9 | ||
| Brazil 10Y | -670.7 bp | +34.1 | +121.1 |
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 | 3.800% | 32.66 | 50.38 | 85.82 | 121.26 | 156.70 | 192.14 | |
| 20 years | 3.591% | 49.38 | 63.48 | 91.67 | 119.86 | 148.05 | 176.25 | |
| 15 years | 3.553% | 59.23 | 70.71 | 93.65 | 116.60 | 139.55 | 162.50 | |
| 10 years | 3.333% | 72.05 | 80.43 | 97.21 | 113.98 | 130.76 | 147.53 | |
| 7 years | 3.285% | 79.75 | 85.92 | 98.24 | 110.57 | 122.90 | 135.23 | |
| 5 years | 3.066% | 85.99 | 90.56 | 99.70 | 108.84 | 117.98 | 127.12 | |
| 3 years | 2.882% | 91.83 | 94.66 | 100.33 | 106.00 | 111.67 | 117.34 | |
| 2 years | 2.783% | 94.66 | 96.58 | 100.42 | 104.26 | 108.09 | 111.93 | |
| 1 year | 2.626% | 97.44 | 98.42 | 100.36 | 102.31 | 104.26 | 106.21 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||