Last Update: 23 Aug 2019 4:15 GMT+0
The Japan 10Y Government Bond has a -0.238% yield.
10 Years vs 2 Years bond spread is 5.7 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities
Central Bank Rate is -0.10%.
The Japan rating is A+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 23.00 and implied probability of default is 0.38%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -3.1 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -3.4 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 5.7 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 | 23.00 | -5.35 % | +9.52 % | -10.51 % | 0.38 % |
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 | -0.095% | +8.0 bp | +4.0 bp | ||||||
| 3 months | -0.135% | -1.5 bp | +6.5 bp | ||||||
| 6 months | -0.240% | -1.5 bp | -2.0 bp | ||||||
| 9 months | -0.250% | -7.5 bp | -6.5 bp | ||||||
| 1 year | -0.264% | -8.3 bp | -7.5 bp | 100.26 | +0.08 % | +0.07 % | |||
| 2 years | -0.295% | -9.3 bp | -11.5 bp | 100.59 | +0.18 % | +0.23 % | |||
| 3 years | -0.309% | -9.4 bp | -13.1 bp | 100.93 | +0.28 % | +0.39 % | |||
| 4 years | -0.327% | -9.8 bp | -14.7 bp | 101.32 | +0.40 % | +0.60 % | |||
| 5 years | -0.329% | -9.5 bp | -15.4 bp | 101.66 | +0.47 % | +0.77 % | |||
| 6 years | -0.340% | -10.2 bp | -17.1 bp | 102.06 | +0.61 % | +1.03 % | |||
| 7 years | -0.345% | -10.5 bp | -17.5 bp | 102.45 | +0.74 % | +1.24 % | |||
| 8 years | -0.330% | -10.5 bp | -19.0 bp | 102.68 | +0.84 % | +1.53 % | |||
| 9 years | -0.275% | -9.9 bp | -19.2 bp | 102.51 | +0.90 % | +1.75 % | |||
| 10 years | -0.238% | -9.2 bp | -19.8 bp | 102.41 | +0.93 % | +2.00 % | |||
| 15 years | -0.036% | -9.5 bp | -22.6 bp | 100.54 | +1.43 % | +3.45 % | |||
| 20 years | 0.099% | -12.3 bp | -30.1 bp | 98.04 | +2.49 % | +6.18 % | |||
| 30 years | 0.205% | -16.5 bp | -37.2 bp | 94.04 | +5.06 % | +11.75 % | |||
| 40 years | 0.233% | -18.1 bp | -41.5 bp | 91.11 | +7.48 % | +17.97 % | |||
10Y Bond Yield Spread - Japan vs Main Countries
The Japan 10Y Government Bond has a -0.238% 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 | 40.3 bp | +20.1 | +53.2 | ||
| France 10Y | 11.9 bp | +17.7 | +67.7 | ||
| Spain 10Y | -40.0 bp | +15.4 | +82.4 | ||
| United Kingdom 10Y | -75.7 bp | +7.7 | +44.3 | ||
| Australia 10Y | -121.6 bp | +25.0 | +90.5 | ||
| Canada 10Y | -152.8 bp | +10.9 | +40.3 | ||
| Italy 10Y | -154.3 bp | +20.6 | +137.2 | ||
| United States 10Y | -187.5 bp | +34.3 | +81.9 | ||
| China 10Y | -331.0 bp | -0.2 | -12.2 | ||
| India 10Y | -680.8 bp | -19.8 | +83.7 | ||
| Russia 10Y | -743.8 bp | -1.2 | +103.2 | ||
| Brazil 10Y | -745.3 bp | -7.7 | +151.7 |
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 | 0.233% | 91.11 | 129.26 | 205.56 | 281.86 | 358.16 | 434.46 | |
| 30 years | 0.205% | 94.04 | 123.11 | 181.24 | 239.38 | 297.51 | 355.65 | |
| 20 years | 0.099% | 98.04 | 117.83 | 157.42 | 197.01 | 236.60 | 276.18 | |
| 15 years | -0.036% | 100.54 | 115.58 | 145.67 | 175.76 | 205.84 | 235.93 | |
| 10 years | -0.238% | 102.41 | 112.54 | 132.81 | 153.07 | 173.34 | 193.60 | |
| 9 years | -0.275% | 102.51 | 111.63 | 129.88 | 148.13 | 166.38 | 184.63 | |
| 8 years | -0.330% | 102.68 | 110.80 | 127.04 | 143.28 | 159.52 | 175.76 | |
| 7 years | -0.345% | 102.45 | 109.55 | 123.74 | 137.94 | 152.13 | 166.33 | |
| 6 years | -0.340% | 102.06 | 108.14 | 120.28 | 132.42 | 144.57 | 156.71 | |
| 5 years | -0.329% | 101.66 | 106.71 | 116.81 | 126.91 | 137.01 | 147.11 | |
| 4 years | -0.327% | 101.32 | 105.35 | 113.42 | 121.48 | 129.55 | 137.61 | |
| 3 years | -0.309% | 100.93 | 103.95 | 109.99 | 116.03 | 122.06 | 128.10 | |
| 2 years | -0.295% | 100.59 | 102.60 | 106.62 | 110.64 | 114.65 | 118.67 | |
| 1 year | -0.264% | 100.26 | 101.27 | 103.27 | 105.28 | 107.28 | 109.29 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||