Last Update: 23 Nov 2020 21:15 GMT+0
The Hong Kong 10Y Government Bond has a 0.623% yield.
10 Years vs 2 Years bond spread is 53.3 bp. Normal Convexity 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 42.40 and implied probability of default is 0.71%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -1 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 24.3 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 53.3 bp | Normal Convexity 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 | 42.40 | -0.70 % | -2.30 % | +10.99 % | 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 | -0.025% | -5.0 bp | -55.0 bp | ||||||
| 3 months | -0.011% | -4.4 bp | -55.8 bp | ||||||
| 6 months | 0.011% | -2.9 bp | -50.4 bp | ||||||
| 9 months | 0.020% | -8.0 bp | -51.6 bp | ||||||
| 1 year | 0.100% | +4.0 bp | -45.5 bp | 99.90 | -0.04 % | +0.45 % | |||
| 2 years | 0.090% | -0.1 bp | -39.8 bp | 99.82 | 0.00 % | +0.80 % | |||
| 3 years | 0.132% | -3.6 bp | -39.8 bp | 99.61 | +0.11 % | +1.20 % | |||
| 5 years | 0.333% | +9.9 bp | -20.0 bp | 98.35 | -0.50 % | +1.00 % | |||
| 7 years | 0.420% | +8.5 bp | -17.5 bp | 97.11 | -0.59 % | +1.23 % | |||
| 10 years | 0.623% | +8.5 bp | -6.4 bp | 93.98 | -0.84 % | +0.64 % | |||
| 15 years | 0.871% | +4.7 bp | +9.5 bp | 87.80 | -0.70 % | -1.40 % | |||
10Y Bond Yield Spread - Hong Kong vs Main Countries
The Hong Kong 10Y Government Bond has a 0.623% 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 | 120.3 bp | +8.7 | +2.3 | ||
| France 10Y | 96.9 bp | +12.5 | +24.6 | ||
| Japan 10Y | 60.4 bp | +10.3 | -9.4 | ||
| Spain 10Y | 55.7 bp | +21.1 | +56.6 | ||
| United Kingdom 10Y | 30.6 bp | +3.7 | -20.7 | ||
| Italy 10Y | 3.4 bp | +25.3 | +94.2 | ||
| Canada 10Y | -6.6 bp | +3.8 | -24.8 | ||
| United States 10Y | -23.2 bp | +7.1 | -26.2 | ||
| Australia 10Y | -25.7 bp | +4.1 | -7.0 | ||
| China 10Y | -268.7 bp | -2.3 | -76.5 | ||
| Russia 10Y | -517.7 bp | +26.5 | -39.4 | ||
| India 10Y | -527.7 bp | +2.9 | -0.3 | ||
| Brazil 10Y | -720.7 bp | -18.8 | -54.1 |
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 | 0.871% | 87.80 | 101.81 | 129.82 | 157.82 | 185.83 | 213.84 | |
| 10 years | 0.623% | 93.98 | 103.64 | 122.98 | 142.31 | 161.64 | 180.97 | |
| 7 years | 0.420% | 97.11 | 103.99 | 117.76 | 131.53 | 145.30 | 159.06 | |
| 5 years | 0.333% | 98.35 | 103.30 | 113.20 | 123.10 | 133.00 | 142.91 | |
| 3 years | 0.132% | 99.61 | 102.60 | 108.58 | 114.57 | 120.55 | 126.53 | |
| 2 years | 0.090% | 99.82 | 101.82 | 105.81 | 109.81 | 113.80 | 117.80 | |
| 1 year | 0.100% | 99.90 | 100.90 | 102.90 | 104.90 | 106.89 | 108.89 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||