Last Update: 24 Sep 2020 0:15 GMT+0
The Hong Kong 10Y Government Bond has a 0.448% yield.
10 Years vs 2 Years bond spread is 28.9 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 0.86% (last modification in June 2020).
The Hong Kong credit rating is AA+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 42.60 and implied probability of default is 0.71%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 8.9 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 7.9 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 28.9 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-
|
- |
| 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 | 42.60 | -0.47 % | -6.78 % | +13.90 % | 0.71 % |
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 | 0.007% | -3.1 bp | -59.5 bp | ||||||
| 3 months | 0.010% | -8.9 bp | -61.6 bp | ||||||
| 6 months | 0.022% | -5.9 bp | -59.5 bp | ||||||
| 9 months | 0.051% | -4.0 bp | -52.5 bp | ||||||
| 1 year | 0.070% | -3.0 bp | -53.4 bp | 99.93 | +0.03 % | +0.53 % | |||
| 2 years | 0.159% | -1.2 bp | -57.0 bp | 99.68 | +0.02 % | +1.14 % | |||
| 3 years | 0.076% | -5.6 bp | -69.9 bp | 99.77 | +0.16 % | +2.11 % | |||
| 5 years | 0.238% | -1.4 bp | -54.4 bp | 98.82 | +0.07 % | +2.74 % | |||
| 7 years | 0.299% | -2.9 bp | -52.9 bp | 97.93 | +0.20 % | +3.75 % | |||
| 10 years | 0.448% | -1.3 bp | -45.1 bp | 95.63 | +0.14 % | +4.58 % | |||
| 15 years | 0.722% | +10.4 bp | -25.5 bp | 89.77 | -1.54 % | +3.86 % | |||
10Y Bond Yield Spread - Hong Kong vs Main Countries
The Hong Kong 10Y Government Bond has a 0.448% 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 | 95.9 bp | +0.5 | -29.2 | ||
| France 10Y | 68.9 bp | +3.5 | -5.1 | ||
| Japan 10Y | 44.2 bp | +0.1 | -40.7 | ||
| United Kingdom 10Y | 22.2 bp | -3.0 | -23.0 | ||
| Spain 10Y | 22.1 bp | +8.4 | +19.0 | ||
| Canada 10Y | -10.7 bp | -0.8 | -13.5 | ||
| United States 10Y | -22.4 bp | -3.1 | -26.5 | ||
| Italy 10Y | -39.9 bp | +14.8 | +26.8 | ||
| Australia 10Y | -41.7 bp | +0.5 | -35.7 | ||
| China 10Y | -266.3 bp | -10.6 | -85.1 | ||
| India 10Y | -554.2 bp | +21.8 | -13.7 | ||
| Russia 10Y | -583.7 bp | -11.8 | +43.4 | ||
| Brazil 10Y | -679.1 bp | -36.2 | +176.6 |
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 | 0.722% | 89.77 | 103.94 | 132.27 | 160.61 | 188.95 | 217.28 | |
| 10 years | 0.448% | 95.63 | 105.39 | 124.90 | 144.42 | 163.93 | 183.45 | |
| 7 years | 0.299% | 97.93 | 104.85 | 118.68 | 132.52 | 146.35 | 160.19 | |
| 5 years | 0.238% | 98.82 | 103.78 | 113.71 | 123.64 | 133.57 | 143.50 | |
| 3 years | 0.076% | 99.77 | 102.77 | 108.76 | 114.75 | 120.74 | 126.73 | |
| 2 years | 0.159% | 99.68 | 101.68 | 105.67 | 109.66 | 113.65 | 117.64 | |
| 1 year | 0.070% | 99.93 | 100.93 | 102.93 | 104.93 | 106.93 | 108.92 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||