Last Update: 25 Jan 2022 3:15 GMT+0
The Japan 10Y Government Bond has a 0.131% yield.
10 Years vs 2 Years bond spread is 20.2 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 17.10 and implied probability of default is 0.29%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 1.3 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 4 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 20.2 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 | 17.10 | 0.00 % | -2.84 % | +14.77 % | 0.29 % |
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 | -0.094% | +10.5 bp | +9.5 bp | ||||||
| 3 months | -0.094% | +11.7 bp | +1.0 bp | ||||||
| 6 months | -0.099% | +0.8 bp | +3.0 bp | ||||||
| 9 months | -0.099% | +10.7 bp | +11.7 bp | ||||||
| 1 year | -0.084% | +1.4 bp | +5.5 bp | 100.08 | -0.02 % | -0.06 % | |||
| 2 years | -0.071% | +2.3 bp | +6.3 bp | 100.14 | -0.05 % | -0.13 % | |||
| 3 years | -0.071% | +3.8 bp | +8.3 bp | 100.21 | -0.12 % | -0.25 % | |||
| 4 years | -0.052% | +4.3 bp | +9.7 bp | 100.21 | -0.17 % | -0.39 % | |||
| 5 years | -0.031% | +5.6 bp | +10.4 bp | 100.16 | -0.28 % | -0.52 % | |||
| 6 years | -0.017% | +6.3 bp | +12.3 bp | 100.10 | -0.38 % | -0.73 % | |||
| 7 years | 0.004% | +7.9 bp | +13.5 bp | 99.97 | -0.56 % | -0.94 % | |||
| 8 years | 0.040% | +7.5 bp | +13.0 bp | 99.68 | -0.60 % | -1.03 % | |||
| 9 years | 0.092% | +7.2 bp | +12.6 bp | 99.18 | -0.64 % | -1.13 % | |||
| 10 years | 0.131% | +7.2 bp | +11.1 bp | 98.70 | -0.71 % | -1.10 % | |||
| 15 years | 0.350% | +4.7 bp | +13.2 bp | 94.89 | -0.70 % | -1.96 % | |||
| 20 years | 0.526% | +5.2 bp | +12.7 bp | 90.04 | -1.03 % | -2.49 % | |||
| 30 years | 0.717% | +3.4 bp | +5.8 bp | 80.71 | -1.01 % | -1.71 % | |||
| 40 years | 0.756% | +3.1 bp | +2.5 bp | 73.99 | -1.21 % | -0.99 % | |||
Japan 10Y Bond Yield Spread
The Japan 10Y Government Bond has a 0.131% 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 | 24.2 bp | -7.1 bp | -19.8 bp | Compare | |
| France 10Y | -17.0 bp | -11.1 bp | -27.7 bp | Compare | |
| Spain 10Y | -50.0 bp | -4.2 bp | -25.5 bp | Compare | |
| United Kingdom 10Y | -99.8 bp | -13.5 bp | -42.9 bp | Compare | |
| Italy 10Y | -122.1 bp | -15.9 bp | -61.9 bp | Compare | |
| United States 10Y | -164.0 bp | -20.6 bp | -37.9 bp | Compare | |
| Canada 10Y | -168.7 bp | -27.0 bp | -49.9 bp | Compare | |
| Australia 10Y | -182.7 bp | -29.2 bp | -64.5 bp | Compare | |
| China 10Y | -257.1 bp | +21.4 bp | +34.7 bp | Compare | |
| India 10Y | -652.1 bp | -11.8 bp | -37.6 bp | Compare | |
| Russia 10Y | -958.4 bp | -122.3 bp | -261.4 bp | Compare | |
| Brazil 10Y | -1098.1 bp | -79.9 bp | -183.3 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 | 0.756% | 73.99 | 108.40 | 177.21 | 246.02 | 314.84 | 383.65 | |
| 30 years | 0.717% | 80.71 | 107.61 | 161.43 | 215.24 | 269.05 | 322.87 | |
| 20 years | 0.526% | 90.04 | 108.98 | 146.85 | 184.72 | 222.60 | 260.47 | |
| 15 years | 0.350% | 94.89 | 109.48 | 138.66 | 167.84 | 197.01 | 226.19 | |
| 10 years | 0.131% | 98.70 | 108.63 | 128.48 | 148.34 | 168.20 | 188.05 | |
| 9 years | 0.092% | 99.18 | 108.13 | 126.05 | 143.97 | 161.89 | 179.80 | |
| 8 years | 0.040% | 99.68 | 107.67 | 123.64 | 139.61 | 155.58 | 171.55 | |
| 7 years | 0.004% | 99.97 | 106.97 | 120.97 | 134.97 | 148.96 | 162.96 | |
| 6 years | -0.017% | 100.10 | 106.11 | 118.11 | 130.12 | 142.13 | 154.13 | |
| 5 years | -0.031% | 100.16 | 105.16 | 115.17 | 125.18 | 135.19 | 145.20 | |
| 4 years | -0.052% | 100.21 | 104.21 | 112.22 | 120.23 | 128.24 | 136.26 | |
| 3 years | -0.071% | 100.21 | 103.22 | 109.23 | 115.23 | 121.24 | 127.25 | |
| 2 years | -0.071% | 100.14 | 102.14 | 106.15 | 110.15 | 114.16 | 118.16 | |
| 1 year | -0.084% | 100.08 | 101.08 | 103.09 | 105.09 | 107.09 | 109.09 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||