Last Update: 21 Jan 2020 21:15 GMT+0
The Hong Kong 10Y Government Bond has a 1.559% yield.
10 Years vs 2 Years bond spread is -2.3 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.00% (last modification in October 2019).
The Hong Kong credit rating is AA+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 36.70 and implied probability of default is 0.61%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -18.8 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -8.4 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -2.3 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA+
|
- |
| Moody's Investors Service |
Aa3
|
- |
| Fitch Ratings |
AA
|
negative |
| DBRS |
-
|
- |
| Hong Kong Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 2.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 36.70 | -6.14 % | -4.68 % | -0.27 % | 0.61 % |
Hong Kong 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 month | 1.817% | -25.0 bp | +11.1 bp | ||||||
| 3 months | 1.861% | -10.4 bp | -4.9 bp | ||||||
| 6 months | 1.850% | -11.0 bp | -4.0 bp | ||||||
| 9 months | 1.804% | -10.2 bp | -0.7 bp | ||||||
| 1 year | 1.770% | -5.2 bp | +1.0 bp | 98.26 | +0.05 % | -0.01 % | |||
| 2 years | 1.582% | -14.1 bp | +4.6 bp | 96.91 | +0.28 % | -0.09 % | |||
| 3 years | 1.513% | -12.4 bp | +5.5 bp | 95.59 | +0.36 % | -0.17 % | |||
| 5 years | 1.498% | -15.8 bp | +10.4 bp | 92.84 | +0.78 % | -0.50 % | |||
| 7 years | 1.531% | -11.2 bp | +8.1 bp | 89.91 | +0.77 % | -0.55 % | |||
| 10 years | 1.559% | -11.9 bp | 0.0 bp | 85.67 | +1.18 % | 0.00 % | |||
| 15 years | 1.620% | -11.3 bp | -4.8 bp | 78.58 | +1.68 % | +0.70 % | |||
10Y Bond Yield Spread - Hong Kong vs Main Countries
The Hong Kong 10Y Government Bond has a 1.559% 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.
| Hong Kong 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Germany 10Y | 180.7 bp | -12.4 | -7.6 | ||
| Japan 10Y | 156.0 bp | -9.8 | -12.4 | ||
| France 10Y | 155.4 bp | -7.3 | -7.6 | ||
| Spain 10Y | 113.9 bp | -9.9 | -3.3 | ||
| United Kingdom 10Y | 92.4 bp | +1.7 | +10.2 | ||
| Australia 10Y | 41.5 bp | +4.8 | +21.0 | ||
| Italy 10Y | 18.5 bp | -8.0 | +23.4 | ||
| Canada 10Y | 4.6 bp | -1.4 | -0.4 | ||
| United States 10Y | -21.0 bp | +3.1 | +28.8 | ||
| China 10Y | -154.0 bp | +1.9 | +7.4 | ||
| Russia 10Y | -464.6 bp | +2.1 | +114.5 | ||
| India 10Y | -507.4 bp | -15.4 | -27.2 | ||
| Brazil 10Y | -525.0 bp | +10.9 | +51.6 |
Hong Kong 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% | |||
| 15 years | 1.620% | 78.58 | 91.80 | 118.25 | 144.69 | 171.14 | 197.58 | |
| 10 years | 1.559% | 85.67 | 94.86 | 113.25 | 131.63 | 150.02 | 168.41 | |
| 7 years | 1.531% | 89.91 | 96.50 | 109.68 | 122.86 | 136.04 | 149.22 | |
| 5 years | 1.498% | 92.84 | 97.62 | 107.18 | 116.75 | 126.32 | 135.88 | |
| 3 years | 1.513% | 95.59 | 98.51 | 104.33 | 110.15 | 115.98 | 121.80 | |
| 2 years | 1.582% | 96.91 | 98.86 | 102.77 | 106.68 | 110.58 | 114.49 | |
| 1 year | 1.770% | 98.26 | 99.24 | 101.21 | 103.17 | 105.14 | 107.10 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||