Last Update: 21 Jan 2020 21:15 GMT+0
The Japan 10Y Government Bond has a -0.001% yield.
10 Years vs 2 Years bond spread is 12.6 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 19.50 and implied probability of default is 0.33%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -0.7 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 2.6 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 12.6 bp | Yield Curve is flat in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
A+
|
positive |
| Moody's Investors Service |
A1
|
- |
| Fitch Ratings |
A
|
- |
| 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 | 19.50 | -5.80 % | -2.01 % | -12.56 % | 0.33 % |
Japan 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 | -0.179% | +5.0 bp | -10.4 bp | ||||||
| 3 months | -0.129% | +9.5 bp | -0.9 bp | ||||||
| 6 months | -0.129% | -0.6 bp | +9.6 bp | ||||||
| 9 months | -0.224% | 0.0 bp | -4.9 bp | ||||||
| 1 year | -0.120% | -2.2 bp | +5.5 bp | 100.12 | +0.02 % | -0.06 % | |||
| 2 years | -0.127% | -4.2 bp | +6.3 bp | 100.25 | +0.08 % | -0.13 % | |||
| 3 years | -0.130% | -2.0 bp | +7.5 bp | 100.39 | +0.06 % | -0.23 % | |||
| 4 years | -0.125% | -4.0 bp | +9.0 bp | 100.50 | +0.16 % | -0.36 % | |||
| 5 years | -0.101% | -2.4 bp | +11.9 bp | 100.51 | +0.12 % | -0.59 % | |||
| 6 years | -0.115% | -3.0 bp | +10.5 bp | 100.69 | +0.18 % | -0.63 % | |||
| 7 years | -0.100% | -2.5 bp | +12.0 bp | 100.70 | +0.17 % | -0.84 % | |||
| 8 years | -0.075% | -2.0 bp | +13.0 bp | 100.60 | +0.16 % | -1.04 % | |||
| 9 years | -0.035% | -2.0 bp | +12.0 bp | 100.32 | +0.18 % | -1.07 % | |||
| 10 years | -0.001% | -2.1 bp | +12.4 bp | 100.01 | +0.21 % | -1.23 % | |||
| 15 years | 0.161% | -3.0 bp | +8.7 bp | 97.62 | +0.45 % | -1.29 % | |||
| 20 years | 0.290% | -1.9 bp | +4.5 bp | 94.37 | +0.37 % | -0.89 % | |||
| 30 years | 0.438% | +0.1 bp | +5.3 bp | 87.71 | -0.03 % | -1.57 % | |||
| 40 years | 0.473% | +1.0 bp | +5.8 bp | 82.80 | -0.40 % | -2.28 % | |||
10Y Bond Yield Spread - Japan vs Main Countries
The Japan 10Y Government Bond has a -0.001% 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.
| Japan 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Germany 10Y | 24.7 bp | -2.6 | +4.8 | ||
| France 10Y | -0.6 bp | +2.5 | +4.8 | ||
| Spain 10Y | -42.1 bp | -0.1 | +9.1 | ||
| United Kingdom 10Y | -63.6 bp | +11.5 | +22.6 | ||
| Australia 10Y | -114.5 bp | +14.6 | +33.4 | ||
| Italy 10Y | -137.5 bp | +1.8 | +35.8 | ||
| Canada 10Y | -151.4 bp | +8.4 | +12.0 | ||
| United States 10Y | -177.0 bp | +12.9 | +41.2 | ||
| China 10Y | -310.0 bp | +11.7 | +19.8 | ||
| Russia 10Y | -620.6 bp | +11.9 | +126.9 | ||
| India 10Y | -663.4 bp | -5.6 | -14.8 | ||
| Brazil 10Y | -681.0 bp | +20.7 | +64.0 |
Japan 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% | |||
| 40 years | 0.473% | 82.80 | 119.16 | 191.90 | 264.63 | 337.36 | 410.09 | |
| 30 years | 0.438% | 87.71 | 115.77 | 171.88 | 227.99 | 284.10 | 340.21 | |
| 20 years | 0.290% | 94.37 | 113.78 | 152.58 | 191.39 | 230.20 | 269.01 | |
| 15 years | 0.161% | 97.62 | 112.42 | 142.04 | 171.66 | 201.28 | 230.89 | |
| 10 years | -0.001% | 100.01 | 110.01 | 130.01 | 150.01 | 170.01 | 190.01 | |
| 9 years | -0.035% | 100.32 | 109.33 | 127.36 | 145.39 | 163.43 | 181.46 | |
| 8 years | -0.075% | 100.60 | 108.63 | 124.68 | 140.74 | 156.79 | 172.85 | |
| 7 years | -0.100% | 100.70 | 107.73 | 121.79 | 135.84 | 149.90 | 163.96 | |
| 6 years | -0.115% | 100.69 | 106.72 | 118.77 | 130.81 | 142.86 | 154.91 | |
| 5 years | -0.101% | 100.51 | 105.52 | 115.55 | 125.58 | 135.61 | 145.64 | |
| 4 years | -0.125% | 100.50 | 104.51 | 112.54 | 120.56 | 128.59 | 136.61 | |
| 3 years | -0.130% | 100.39 | 103.40 | 109.41 | 115.43 | 121.45 | 127.46 | |
| 2 years | -0.127% | 100.25 | 102.26 | 106.27 | 110.27 | 114.28 | 118.29 | |
| 1 year | -0.120% | 100.12 | 101.12 | 103.12 | 105.13 | 107.13 | 109.13 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||