Last Update: 10 Dec 2019 1:15 GMT+0
The Hong Kong 10Y Government Bond has a 1.596% yield.
10 Years vs 2 Years bond spread is -7.4 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 38.40 and implied probability of default is 0.64%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -9.1 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -8 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -7.4 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA+
|
- |
| Moody's Investors Service |
Aa2
|
negative |
| 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 | 38.40 | +0.52 % | +0.79 % | +5.21 % | 0.64 % |
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 | 1.763% | +9.3 bp | -14.0 bp | ||||||
| 3 months | 1.822% | -6.1 bp | -6.7 bp | ||||||
| 6 months | 1.819% | -4.0 bp | -4.1 bp | ||||||
| 9 months | 1.814% | -1.0 bp | +2.3 bp | ||||||
| 1 year | 1.761% | -4.0 bp | -2.9 bp | 98.27 | +0.04 % | +0.03 % | |||
| 2 years | 1.670% | -7.1 bp | -4.0 bp | 96.74 | +0.13 % | +0.07 % | |||
| 3 years | 1.591% | -2.8 bp | -9.2 bp | 95.37 | +0.07 % | +0.26 % | |||
| 5 years | 1.590% | -3.4 bp | -6.0 bp | 92.42 | +0.17 % | +0.30 % | |||
| 7 years | 1.550% | -3.7 bp | -11.3 bp | 89.79 | +0.26 % | +0.77 % | |||
| 10 years | 1.596% | -4.2 bp | -12.5 bp | 85.36 | +0.42 % | +1.25 % | |||
| 15 years | 1.694% | -2.5 bp | -19.4 bp | 77.73 | +0.37 % | +2.90 % | |||
10Y Bond Yield Spread - Hong Kong vs Main Countries
The Hong Kong 10Y Government Bond has a 1.596% 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 | 190.1 bp | -0.5 | -3.7 | ||
| Japan 10Y | 159.7 bp | -10.1 | -24.4 | ||
| France 10Y | 158.8 bp | -2.2 | +0.1 | ||
| Spain 10Y | 114.9 bp | -10.1 | +3.5 | ||
| United Kingdom 10Y | 83.2 bp | -1.6 | -5.4 | ||
| Australia 10Y | 47.2 bp | +15.4 | +23.3 | ||
| Italy 10Y | 22.2 bp | -13.9 | +86.9 | ||
| Canada 10Y | 0.7 bp | -4.6 | -19.7 | ||
| United States 10Y | -22.5 bp | +8.2 | +19.9 | ||
| China 10Y | -162.9 bp | +2.8 | -7.7 | ||
| Russia 10Y | -479.4 bp | -2.2 | +117.5 | ||
| India 10Y | -506.3 bp | -14.7 | +29.3 | ||
| Brazil 10Y | -515.5 bp | -14.9 | +122.4 |
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 | 1.694% | 77.73 | 90.88 | 117.17 | 143.47 | 169.77 | 196.06 | |
| 10 years | 1.596% | 85.36 | 94.53 | 112.88 | 131.23 | 149.58 | 167.94 | |
| 7 years | 1.550% | 89.79 | 96.38 | 109.55 | 122.72 | 135.89 | 149.06 | |
| 5 years | 1.590% | 92.42 | 97.19 | 106.73 | 116.27 | 125.81 | 135.35 | |
| 3 years | 1.591% | 95.37 | 98.28 | 104.10 | 109.91 | 115.72 | 121.54 | |
| 2 years | 1.670% | 96.74 | 98.69 | 102.59 | 106.50 | 110.40 | 114.30 | |
| 1 year | 1.761% | 98.27 | 99.25 | 101.22 | 103.18 | 105.15 | 107.11 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||