Last Update: 22 Feb 2019 1:15 GMT+0
The Hong Kong 10Y Government Bond has a 1.766% yield.
10 Years vs 2 Years bond spread is 29.1 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities
Central Bank Rate is 2.75%.
The Hong Kong rating is AA+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 37.70 and implied probability of default is 0.63%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 11.5 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 8.9 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 29.1 bp | Yield Curve is flat in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA+
|
- |
| Moody's Investors Service |
Aa2
|
- |
| Fitch Ratings |
AA+
|
- |
| DBRS |
-
|
- |
| Hong Kong Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 2.75% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 37.70 | +3.57 % | +2.45 % | +52.63 % | 0.63 % |
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 | 0.794% | -8.0 bp | -19.6 bp | ||||||
| 3 months | 1.170% | -15.0 bp | -17.0 bp | ||||||
| 6 months | 1.259% | -20.2 bp | -28.1 bp | ||||||
| 9 months | 1.320% | -24.1 bp | -28.0 bp | ||||||
| 1 year | 1.360% | -28.0 bp | -32.0 bp | 98.66 | +0.27 % | +0.32 % | |||
| 2 years | 1.475% | -26.5 bp | -44.1 bp | 97.11 | +0.52 % | +0.86 % | |||
| 3 years | 1.484% | -30.9 bp | -50.8 bp | 95.68 | +0.92 % | +1.52 % | |||
| 5 years | 1.564% | -28.4 bp | -53.0 bp | 92.53 | +1.40 % | +2.63 % | |||
| 7 years | 1.644% | -28.0 bp | -49.2 bp | 89.21 | +1.94 % | +3.43 % | |||
| 10 years | 1.766% | -25.1 bp | -41.8 bp | 83.94 | +2.49 % | +4.18 % | |||
| 15 years | 1.777% | -26.2 bp | -45.7 bp | 76.78 | +3.93 % | +6.95 % | |||
10Y Bond Yield Spread - Hong Kong vs Main Countries
The Hong Kong 10Y Government Bond has a 1.766% 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 |
|
|---|---|---|---|---|---|
| Japan 10Y | 180.3 bp | -21.0 | -28.7 | ||
| Germany 10Y | 164.2 bp | -14.7 | -20.2 | ||
| France 10Y | 122.1 bp | -15.7 | -27.5 | ||
| United Kingdom 10Y | 56.4 bp | -13.3 | -35.3 | ||
| Spain 10Y | 54.3 bp | -11.6 | -23.9 | ||
| Canada 10Y | -15.8 bp | -20.6 | -8.5 | ||
| Australia 10Y | -33.6 bp | -7.2 | +2.0 | ||
| United States 10Y | -92.2 bp | -19.3 | -28.7 | ||
| Italy 10Y | -109.1 bp | -32.8 | -21.2 | ||
| China 10Y | -139.6 bp | -28.3 | +6.6 | ||
| India 10Y | -577.8 bp | -26.2 | -13.5 | ||
| Russia 10Y | -667.4 bp | -41.1 | -23.8 | ||
| Brazil 10Y | -723.4 bp | -19.1 | +274.2 |
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 | 1.777% | 76.78 | 89.85 | 115.98 | 142.11 | 168.25 | 194.38 | |
| 10 years | 1.766% | 83.94 | 93.03 | 111.22 | 129.41 | 147.60 | 165.78 | |
| 7 years | 1.644% | 89.21 | 95.77 | 108.90 | 122.02 | 135.14 | 148.27 | |
| 5 years | 1.564% | 92.53 | 97.31 | 106.86 | 116.40 | 125.95 | 135.50 | |
| 3 years | 1.484% | 95.68 | 98.59 | 104.42 | 110.24 | 116.07 | 121.89 | |
| 2 years | 1.475% | 97.11 | 99.07 | 102.98 | 106.90 | 110.81 | 114.72 | |
| 1 year | 1.360% | 98.66 | 99.64 | 101.62 | 103.59 | 105.56 | 107.54 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||