Last Update: 22 Oct 2019 20:15 GMT+0
The Hong Kong 10Y Government Bond has a 1.496% yield.
10 Years vs 2 Years bond spread is -13.7 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.25% (last modification in September 2019).
The Hong Kong credit rating is AA+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 38.10 and implied probability of default is 0.64%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -16.8 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -16.7 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -13.7 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 | 2.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 38.10 | -0.26 % | +1.87 % | +13.73 % | 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 | 1.432% | -27.4 bp | -43.4 bp | ||||||
| 3 months | 1.935% | +3.4 bp | +1.6 bp | ||||||
| 6 months | 1.899% | +10.0 bp | -0.1 bp | ||||||
| 9 months | 1.875% | +7.5 bp | +0.5 bp | ||||||
| 1 year | 1.801% | +0.1 bp | -5.9 bp | 98.23 | 0.00 % | +0.06 % | |||
| 2 years | 1.633% | -1.0 bp | -6.1 bp | 96.81 | +0.02 % | +0.11 % | |||
| 3 years | 1.489% | -8.1 bp | -14.7 bp | 95.66 | +0.24 % | +0.43 % | |||
| 5 years | 1.466% | +16.6 bp | -14.2 bp | 92.98 | -0.82 % | +0.70 % | |||
| 7 years | 1.451% | +17.5 bp | -16.0 bp | 90.41 | -1.20 % | +1.11 % | |||
| 10 years | 1.496% | +20.8 bp | -17.9 bp | 86.20 | -2.03 % | +1.77 % | |||
| 15 years | 1.632% | +8.1 bp | -6.1 bp | 78.44 | -1.18 % | +0.90 % | |||
10Y Bond Yield Spread - Hong Kong vs Main Countries
The Hong Kong 10Y Government Bond has a 1.496% 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 | 186.2 bp | +4.9 | +21.1 | ||
| Japan 10Y | 162.2 bp | +11.9 | -8.2 | ||
| France 10Y | 156.4 bp | +5.5 | +25.9 | ||
| Spain 10Y | 123.6 bp | +20.0 | +62.4 | ||
| United Kingdom 10Y | 78.4 bp | +12.0 | +30.0 | ||
| Italy 10Y | 47.6 bp | +11.9 | +139.8 | ||
| Australia 10Y | 34.6 bp | +7.6 | +62.1 | ||
| Canada 10Y | -3.0 bp | +6.9 | +8.3 | ||
| United States 10Y | -27.4 bp | +16.0 | +63.6 | ||
| China 10Y | -175.3 bp | +7.7 | -0.9 | ||
| Russia 10Y | -498.4 bp | +73.8 | +159.1 | ||
| Brazil 10Y | -506.9 bp | +72.3 | +219.6 | ||
| India 10Y | -531.9 bp | +17.5 | +48.0 |
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 | 1.632% | 78.44 | 91.65 | 118.07 | 144.49 | 170.91 | 197.33 | |
| 10 years | 1.496% | 86.20 | 95.42 | 113.87 | 132.32 | 150.77 | 169.22 | |
| 7 years | 1.451% | 90.41 | 97.02 | 110.24 | 123.46 | 136.68 | 149.90 | |
| 5 years | 1.466% | 92.98 | 97.77 | 107.34 | 116.92 | 126.49 | 136.07 | |
| 3 years | 1.489% | 95.66 | 98.58 | 104.40 | 110.23 | 116.05 | 121.88 | |
| 2 years | 1.633% | 96.81 | 98.76 | 102.67 | 106.57 | 110.48 | 114.38 | |
| 1 year | 1.801% | 98.23 | 99.21 | 101.18 | 103.14 | 105.11 | 107.07 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||