Last Update: 4 Jul 2020 10:15 GMT+0
The Hong Kong 10Y Government Bond has a 0.629% yield.
10 Years vs 2 Years bond spread is 43.4 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 45.50 and implied probability of default is 0.76%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 3 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 14.2 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 43.4 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 | 45.50 | 0.00 % | +2.94 % | +27.45 % | 0.76 % |
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 | 0.037% | -33.6 bp | -193.1 bp | ||||||
| 3 months | 0.087% | -29.7 bp | -190.0 bp | ||||||
| 6 months | 0.086% | -30.9 bp | -187.4 bp | ||||||
| 9 months | 0.146% | -31.0 bp | -176.0 bp | ||||||
| 1 year | 0.165% | -31.0 bp | -163.6 bp | 99.84 | +0.31 % | +1.64 % | |||
| 2 years | 0.195% | -16.2 bp | -147.7 bp | 99.61 | +0.32 % | +2.97 % | |||
| 3 years | 0.189% | -17.3 bp | -143.7 bp | 99.44 | +0.53 % | +4.37 % | |||
| 5 years | 0.337% | -7.1 bp | -129.7 bp | 98.33 | +0.36 % | +6.63 % | |||
| 7 years | 0.377% | -13.3 bp | -127.0 bp | 97.40 | +0.93 % | +9.21 % | |||
| 10 years | 0.629% | -0.8 bp | -105.5 bp | 93.92 | +0.07 % | +10.99 % | |||
| 15 years | 0.734% | +0.3 bp | -101.3 bp | 89.61 | -0.04 % | +16.20 % | |||
10Y Bond Yield Spread - Hong Kong vs Main Countries
The Hong Kong 10Y Government Bond has a 0.629% 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 | 106.5 bp | +10.9 | -90.9 | ||
| France 10Y | 74.5 bp | +9.7 | -91.6 | ||
| Japan 10Y | 59.6 bp | -0.6 | -110.0 | ||
| United Kingdom 10Y | 44.2 bp | +11.6 | -50.5 | ||
| Spain 10Y | 18.8 bp | +10.2 | -111.2 | ||
| Canada 10Y | 7.2 bp | +11.3 | -7.3 | ||
| United States 10Y | -4.0 bp | +14.8 | +6.9 | ||
| Australia 10Y | -27.7 bp | +16.6 | -73.9 | ||
| Italy 10Y | -69.2 bp | +8.1 | -103.4 | ||
| China 10Y | -230.0 bp | -8.5 | -79.0 | ||
| India 10Y | -521.6 bp | -5.7 | -39.0 | ||
| Russia 10Y | -541.1 bp | -42.8 | -86.0 | ||
| Brazil 10Y | -583.8 bp | +25.0 | -79.6 |
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 | 0.734% | 89.61 | 103.77 | 132.07 | 160.38 | 188.69 | 217.00 | |
| 10 years | 0.629% | 93.92 | 103.58 | 122.91 | 142.24 | 161.56 | 180.89 | |
| 7 years | 0.377% | 97.40 | 104.30 | 118.09 | 131.88 | 145.67 | 159.46 | |
| 5 years | 0.337% | 98.33 | 103.28 | 113.18 | 123.08 | 132.98 | 142.88 | |
| 3 years | 0.189% | 99.44 | 102.42 | 108.40 | 114.38 | 120.36 | 126.33 | |
| 2 years | 0.195% | 99.61 | 101.61 | 105.59 | 109.58 | 113.57 | 117.56 | |
| 1 year | 0.165% | 99.84 | 100.83 | 102.83 | 104.83 | 106.82 | 108.82 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||