Last Update: 6 Apr 2020 0:15 GMT+0
The Hong Kong 10Y Government Bond has a 0.727% yield.
10 Years vs 2 Years bond spread is 13.7 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 0.86% (last modification in March 2020).
The Hong Kong credit rating is AA+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 40.40 and implied probability of default is 0.67%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 1.5 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 0.5 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 13.7 bp | Yield Curve is flat 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 | 0.86% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 40.40 | +3.59 % | +12.85 % | +5.48 % | 0.67 % |
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 | 0.757% | +9.8 bp | -94.4 bp | ||||||
| 3 months | 0.628% | -2.4 bp | -138.0 bp | ||||||
| 6 months | 0.526% | -12.5 bp | -140.4 bp | ||||||
| 9 months | 0.545% | -10.6 bp | -134.5 bp | ||||||
| 1 year | 0.575% | -7.5 bp | -127.5 bp | 99.43 | +0.08 % | +1.27 % | |||
| 2 years | 0.590% | -9.5 bp | -97.9 bp | 98.83 | +0.19 % | +1.96 % | |||
| 3 years | 0.558% | -10.0 bp | -91.0 bp | 98.34 | +0.30 % | +2.74 % | |||
| 5 years | 0.595% | -8.3 bp | -63.4 bp | 97.08 | +0.41 % | +3.19 % | |||
| 7 years | 0.658% | -8.3 bp | -50.4 bp | 95.51 | +0.58 % | +3.56 % | |||
| 10 years | 0.727% | -8.2 bp | -44.1 bp | 93.01 | +0.81 % | +4.46 % | |||
| 15 years | 0.808% | -9.1 bp | -60.3 bp | 88.63 | +1.36 % | +9.37 % | |||
10Y Bond Yield Spread - Hong Kong vs Main Countries
The Hong Kong 10Y Government Bond has a 0.727% 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 | 116.2 bp | -36.1 | -59.1 | ||
| Japan 10Y | 73.1 bp | -20.9 | -63.7 | ||
| France 10Y | 65.2 bp | -49.6 | -79.7 | ||
| United Kingdom 10Y | 41.1 bp | -17.1 | -30.7 | ||
| United States 10Y | 10.7 bp | +7.1 | +46.8 | ||
| Canada 10Y | 1.5 bp | -7.1 | +8.1 | ||
| Spain 10Y | -1.3 bp | -59.6 | -103.7 | ||
| Australia 10Y | -3.0 bp | -15.9 | -29.6 | ||
| Italy 10Y | -81.9 bp | -55.7 | -114.9 | ||
| China 10Y | -188.3 bp | -0.2 | +10.4 | ||
| India 10Y | -557.9 bp | -20.3 | -6.7 | ||
| Russia 10Y | -608.8 bp | -46.2 | -31.6 | ||
| Brazil 10Y | -743.9 bp | -152.2 | -163.7 |
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 | 0.808% | 88.63 | 102.70 | 130.85 | 158.99 | 187.14 | 215.29 | |
| 10 years | 0.727% | 93.01 | 102.62 | 121.85 | 141.07 | 160.29 | 179.52 | |
| 7 years | 0.658% | 95.51 | 102.33 | 115.97 | 129.61 | 143.25 | 156.89 | |
| 5 years | 0.595% | 97.08 | 101.99 | 111.81 | 121.64 | 131.46 | 141.29 | |
| 3 years | 0.558% | 98.34 | 101.31 | 107.24 | 113.18 | 119.11 | 125.05 | |
| 2 years | 0.590% | 98.83 | 100.81 | 104.78 | 108.74 | 112.71 | 116.67 | |
| 1 year | 0.575% | 99.43 | 100.42 | 102.41 | 104.40 | 106.39 | 108.38 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||