Last Update: 24 Sep 2020 0:15 GMT+0
The Japan 10Y Government Bond has a 0.006% yield.
10 Years vs 2 Years bond spread is 16.3 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 17.60 and implied probability of default is 0.29%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 0.8 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 | 16.3 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 | 17.60 | +4.76 % | +1.73 % | -23.14 % | 0.29 % |
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 | -0.211% | -14.2 bp | +11.7 bp | ||||||
| 3 months | -0.112% | -2.3 bp | +32.7 bp | ||||||
| 6 months | -0.248% | -3.1 bp | +9.6 bp | ||||||
| 9 months | -0.239% | -2.5 bp | +5.5 bp | ||||||
| 1 year | -0.165% | -3.5 bp | +6.0 bp | 100.17 | +0.04 % | -0.06 % | |||
| 2 years | -0.157% | -3.8 bp | +6.2 bp | 100.31 | +0.07 % | -0.13 % | |||
| 3 years | -0.158% | -3.8 bp | +2.2 bp | 100.48 | +0.12 % | -0.06 % | |||
| 4 years | -0.155% | -2.5 bp | -2.5 bp | 100.62 | +0.10 % | +0.10 % | |||
| 5 years | -0.133% | -3.8 bp | -3.1 bp | 100.67 | +0.19 % | +0.16 % | |||
| 6 years | -0.128% | -3.3 bp | -1.3 bp | 100.77 | +0.20 % | +0.08 % | |||
| 7 years | -0.115% | -2.5 bp | -2.0 bp | 100.81 | +0.18 % | +0.14 % | |||
| 8 years | -0.072% | -1.7 bp | -2.7 bp | 100.58 | +0.14 % | +0.22 % | |||
| 9 years | -0.021% | -1.1 bp | -3.1 bp | 100.19 | +0.10 % | +0.28 % | |||
| 10 years | 0.006% | -1.4 bp | -4.4 bp | 99.94 | +0.14 % | +0.44 % | |||
| 15 years | 0.250% | -1.9 bp | -1.7 bp | 96.32 | +0.28 % | +0.25 % | |||
| 20 years | 0.388% | -2.2 bp | +7.8 bp | 92.55 | +0.44 % | -1.54 % | |||
| 30 years | 0.583% | -1.7 bp | +15.5 bp | 84.00 | +0.51 % | -4.51 % | |||
| 40 years | 0.600% | -1.4 bp | +15.5 bp | 78.72 | +0.56 % | -5.98 % | |||
10Y Bond Yield Spread - Japan vs Main Countries
The Japan 10Y Government Bond has a 0.006% 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 | 51.7 bp | +0.4 | +11.5 | ||
| France 10Y | 24.7 bp | +3.4 | +35.6 | ||
| United Kingdom 10Y | -22.0 bp | -3.1 | +17.7 | ||
| Spain 10Y | -22.1 bp | +8.3 | +59.7 | ||
| Canada 10Y | -54.9 bp | -0.9 | +27.2 | ||
| United States 10Y | -66.6 bp | -3.2 | +14.2 | ||
| Italy 10Y | -84.1 bp | +14.7 | +67.5 | ||
| Australia 10Y | -85.9 bp | +0.4 | +5.0 | ||
| China 10Y | -310.5 bp | -10.7 | -44.4 | ||
| India 10Y | -598.4 bp | +21.7 | +27.0 | ||
| Russia 10Y | -627.9 bp | -11.9 | +84.1 | ||
| Brazil 10Y | -723.3 bp | -36.3 | +217.3 |
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 | 0.600% | 78.72 | 114.19 | 185.12 | 256.06 | 327.00 | 397.93 | |
| 30 years | 0.583% | 84.00 | 111.45 | 166.35 | 221.25 | 276.15 | 331.05 | |
| 20 years | 0.388% | 92.55 | 111.76 | 150.17 | 188.59 | 227.00 | 265.42 | |
| 15 years | 0.250% | 96.32 | 111.03 | 140.44 | 169.84 | 199.25 | 228.66 | |
| 10 years | 0.006% | 99.94 | 109.94 | 129.93 | 149.92 | 169.92 | 189.91 | |
| 9 years | -0.021% | 100.19 | 109.20 | 127.22 | 145.24 | 163.26 | 181.27 | |
| 8 years | -0.072% | 100.58 | 108.60 | 124.66 | 140.71 | 156.76 | 172.81 | |
| 7 years | -0.115% | 100.81 | 107.84 | 121.91 | 135.97 | 150.03 | 164.10 | |
| 6 years | -0.128% | 100.77 | 106.80 | 118.85 | 130.91 | 142.96 | 155.01 | |
| 5 years | -0.133% | 100.67 | 105.69 | 115.73 | 125.77 | 135.81 | 145.85 | |
| 4 years | -0.155% | 100.62 | 104.64 | 112.67 | 120.70 | 128.73 | 136.76 | |
| 3 years | -0.158% | 100.48 | 103.49 | 109.50 | 115.52 | 121.54 | 127.56 | |
| 2 years | -0.157% | 100.31 | 102.32 | 106.33 | 110.34 | 114.35 | 118.36 | |
| 1 year | -0.165% | 100.17 | 101.17 | 103.17 | 105.17 | 107.18 | 109.18 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||