Last Update: 18 Jun 2019 18:15 GMT+0
The Japan 10Y Government Bond has a -0.134% yield.
10 Years vs 2 Years bond spread is 6.7 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 23.10 and implied probability of default is 0.39%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -2.6 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -3 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 6.7 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 | 23.10 | -1.28 % | +2.21 % | +0.43 % | 0.39 % |
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 | -0.155% | -5.5 bp | +9.5 bp | ||||||
| 3 months | -0.130% | 0.0 bp | +13.5 bp | ||||||
| 6 months | -0.130% | +9.0 bp | +9.0 bp | ||||||
| 9 months | -0.130% | 0.0 bp | +4.5 bp | ||||||
| 1 year | -0.175% | -1.5 bp | +0.6 bp | 100.18 | +0.02 % | 0.00 % | |||
| 2 years | -0.201% | -4.2 bp | -5.0 bp | 100.40 | +0.08 % | +0.10 % | |||
| 3 years | -0.216% | -5.1 bp | -6.0 bp | 100.65 | +0.15 % | +0.18 % | |||
| 4 years | -0.226% | -5.6 bp | -7.2 bp | 100.91 | +0.23 % | +0.29 % | |||
| 5 years | -0.231% | -6.7 bp | -8.4 bp | 101.16 | +0.34 % | +0.42 % | |||
| 6 years | -0.221% | -5.8 bp | -7.7 bp | 101.34 | +0.36 % | +0.47 % | |||
| 7 years | -0.221% | -6.5 bp | -8.9 bp | 101.56 | +0.45 % | +0.62 % | |||
| 8 years | -0.211% | -7.4 bp | -11.3 bp | 101.70 | +0.59 % | +0.90 % | |||
| 9 years | -0.156% | -6.8 bp | -12.2 bp | 101.42 | +0.62 % | +1.11 % | |||
| 10 years | -0.134% | -7.8 bp | -15.7 bp | 101.35 | +0.79 % | +1.58 % | |||
| 15 years | 0.079% | -8.0 bp | -20.4 bp | 98.82 | +1.20 % | +3.10 % | |||
| 20 years | 0.239% | -12.0 bp | -30.5 bp | 95.34 | +2.43 % | +6.26 % | |||
| 30 years | 0.364% | -16.4 bp | -39.2 bp | 89.67 | +5.01 % | +12.40 % | |||
| 40 years | 0.404% | -15.3 bp | -49.6 bp | 85.11 | +6.28 % | +21.79 % | |||
10Y Bond Yield Spread - Japan vs Main Countries
The Japan 10Y Government Bond has a -0.134% 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 | 18.5 bp | +13.5 | +40.2 | ||
| France 10Y | -14.8 bp | +19.4 | +53.8 | ||
| Spain 10Y | -53.2 bp | +40.7 | +83.0 | ||
| United Kingdom 10Y | -94.2 bp | +15.2 | +31.5 | ||
| Australia 10Y | -149.1 bp | +20.4 | +88.3 | ||
| Canada 10Y | -156.0 bp | +18.5 | +43.2 | ||
| United States 10Y | -219.2 bp | +25.7 | +61.1 | ||
| Italy 10Y | -225.5 bp | +48.1 | +64.9 | ||
| China 10Y | -339.3 bp | -5.4 | -0.7 | ||
| India 10Y | -694.2 bp | +47.6 | +38.0 | ||
| Russia 10Y | -769.4 bp | +40.2 | +106.3 | ||
| Brazil 10Y | -802.4 bp | +113.2 | +167.3 |
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 | 0.404% | 85.11 | 121.97 | 195.71 | 269.44 | 343.17 | 416.91 | |
| 30 years | 0.364% | 89.67 | 118.04 | 174.79 | 231.53 | 288.27 | 345.01 | |
| 20 years | 0.239% | 95.34 | 114.84 | 153.86 | 192.87 | 231.89 | 270.90 | |
| 15 years | 0.079% | 98.82 | 113.73 | 143.54 | 173.35 | 203.16 | 232.97 | |
| 10 years | -0.134% | 101.35 | 111.42 | 131.57 | 151.72 | 171.87 | 192.02 | |
| 9 years | -0.156% | 101.42 | 110.49 | 128.63 | 146.77 | 164.91 | 183.05 | |
| 8 years | -0.211% | 101.70 | 109.78 | 125.93 | 142.09 | 158.24 | 174.39 | |
| 7 years | -0.221% | 101.56 | 108.62 | 122.75 | 136.87 | 151.00 | 165.12 | |
| 6 years | -0.221% | 101.34 | 107.38 | 119.48 | 131.57 | 143.66 | 155.76 | |
| 5 years | -0.231% | 101.16 | 106.20 | 116.27 | 126.34 | 136.41 | 146.48 | |
| 4 years | -0.226% | 100.91 | 104.93 | 112.98 | 121.02 | 129.07 | 137.11 | |
| 3 years | -0.216% | 100.65 | 103.66 | 109.69 | 115.72 | 121.74 | 127.77 | |
| 2 years | -0.201% | 100.40 | 102.41 | 106.42 | 110.43 | 114.45 | 118.46 | |
| 1 year | -0.175% | 100.18 | 101.18 | 103.18 | 105.18 | 107.19 | 109.19 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||