Last Update: 22 Sep 2021 20:15 GMT+0
The Japan 10Y Government Bond has a 0.032% yield.
10 Years vs 2 Years bond spread is 16.4 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is -0.10% (last modification in January 2016).
The Japan credit rating is A+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 19.20 and implied probability of default is 0.32%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 0.3 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 2.4 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 16.4 bp | Yield Curve is flat in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
A+
|
- |
| Moody's Investors Service |
A1
|
- |
| Fitch Ratings |
A
|
negative |
| DBRS |
A (high)
|
- |
| Japan Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | -0.10% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 19.20 | +9.71 % | +9.09 % | +9.71 % | 0.32 % |
Japan 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 | -0.196% | -0.7 bp | -9.7 bp | ||||||
| 3 months | -0.114% | +9.5 bp | -1.7 bp | ||||||
| 6 months | -0.119% | +0.8 bp | -0.7 bp | ||||||
| 9 months | -0.213% | +0.8 bp | +1.0 bp | ||||||
| 1 year | -0.135% | +0.9 bp | -0.2 bp | 100.14 | 0.00 % | +0.01 % | |||
| 2 years | -0.132% | +1.2 bp | +1.2 bp | 100.26 | -0.03 % | -0.03 % | |||
| 3 years | -0.125% | +2.5 bp | +1.2 bp | 100.38 | -0.07 % | -0.03 % | |||
| 4 years | -0.114% | +2.6 bp | +0.1 bp | 100.46 | -0.10 % | 0.00 % | |||
| 5 years | -0.108% | +2.2 bp | -0.9 bp | 100.54 | -0.11 % | +0.04 % | |||
| 6 years | -0.095% | +4.1 bp | -2.6 bp | 100.57 | -0.25 % | +0.15 % | |||
| 7 years | -0.081% | +5.0 bp | -5.0 bp | 100.57 | -0.35 % | +0.35 % | |||
| 8 years | -0.050% | +4.5 bp | -6.1 bp | 100.40 | -0.36 % | +0.49 % | |||
| 9 years | 0.002% | +4.3 bp | -5.1 bp | 99.98 | -0.39 % | +0.46 % | |||
| 10 years | 0.032% | +2.6 bp | -4.5 bp | 99.68 | -0.26 % | +0.45 % | |||
| 15 years | 0.249% | +3.7 bp | -5.5 bp | 96.34 | -0.55 % | +0.83 % | |||
| 20 years | 0.424% | +3.0 bp | -3.6 bp | 91.89 | -0.59 % | +0.72 % | |||
| 30 years | 0.652% | +0.2 bp | +1.3 bp | 82.29 | -0.06 % | -0.39 % | |||
| 40 years | 0.725% | +0.7 bp | +6.4 bp | 74.90 | -0.28 % | -2.51 % | |||
Japan 10Y Bond Yield Spread
The Japan 10Y Government Bond has a 0.032% 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. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
| Japan 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Germany 10Y | 35.9 bp | -14.2 bp | -2.7 bp | Compare | |
| France 10Y | 2.5 bp | -12.9 bp | -10.9 bp | Compare | |
| Spain 10Y | -28.0 bp | -7.4 bp | -2.0 bp | Compare | |
| Italy 10Y | -63.2 bp | -9.1 bp | -6.4 bp | Compare | |
| United Kingdom 10Y | -76.7 bp | -24.7 bp | -2.7 bp | Compare | |
| Canada 10Y | -118.4 bp | -4.7 bp | +30.0 bp | Compare | |
| Australia 10Y | -121.4 bp | -15.1 bp | +46.8 bp | Compare | |
| United States 10Y | -127.5 bp | -2.6 bp | +34.3 bp | Compare | |
| China 10Y | -285.0 bp | +1.2 bp | +32.9 bp | Compare | |
| India 10Y | -610.6 bp | +12.2 bp | -0.3 bp | Compare | |
| Russia 10Y | -712.8 bp | -18.4 bp | -9.0 bp | Compare | |
| Brazil 10Y | -1073.9 bp | -16.3 bp | -214.1 bp | Compare |
Japan Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
For each maturity, the current market yield is shown.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 40 years | 0.725% | 74.90 | 109.52 | 178.75 | 247.98 | 317.20 | 386.43 | |
| 30 years | 0.652% | 82.29 | 109.45 | 163.79 | 218.13 | 272.46 | 326.80 | |
| 20 years | 0.424% | 91.89 | 111.02 | 149.30 | 187.57 | 225.84 | 264.12 | |
| 15 years | 0.249% | 96.34 | 111.04 | 140.45 | 169.87 | 199.28 | 228.69 | |
| 10 years | 0.032% | 99.68 | 109.66 | 129.63 | 149.59 | 169.56 | 189.52 | |
| 9 years | 0.002% | 99.98 | 108.98 | 126.98 | 144.98 | 162.98 | 180.97 | |
| 8 years | -0.050% | 100.40 | 108.42 | 124.45 | 140.49 | 156.53 | 172.56 | |
| 7 years | -0.081% | 100.57 | 107.59 | 121.64 | 135.68 | 149.73 | 163.77 | |
| 6 years | -0.095% | 100.57 | 106.59 | 118.63 | 130.67 | 142.71 | 154.75 | |
| 5 years | -0.108% | 100.54 | 105.56 | 115.59 | 125.62 | 135.66 | 145.69 | |
| 4 years | -0.114% | 100.46 | 104.47 | 112.49 | 120.51 | 128.54 | 136.56 | |
| 3 years | -0.125% | 100.38 | 103.38 | 109.40 | 115.41 | 121.43 | 127.44 | |
| 2 years | -0.132% | 100.26 | 102.27 | 106.28 | 110.28 | 114.29 | 118.30 | |
| 1 year | -0.135% | 100.14 | 101.14 | 103.14 | 105.14 | 107.14 | 109.15 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||