Last Update: 23 Nov 2020 21:15 GMT+0
The Japan 10Y Government Bond has a 0.019% yield.
10 Years vs 2 Years bond spread is 17.3 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 16.40 and implied probability of default is 0.27%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 0.6 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 | 17.3 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 | 16.40 | -0.61 % | -11.83 % | -25.45 % | 0.27 % |
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 | -0.173% | +0.2 bp | +5.1 bp | ||||||
| 3 months | -0.094% | +8.9 bp | +2.3 bp | ||||||
| 6 months | -0.195% | -9.6 bp | -2.1 bp | ||||||
| 9 months | -0.214% | -10.2 bp | +5.0 bp | ||||||
| 1 year | -0.160% | -2.6 bp | +3.5 bp | 100.16 | +0.03 % | -0.04 % | |||
| 2 years | -0.154% | -2.2 bp | +3.0 bp | 100.31 | +0.05 % | -0.06 % | |||
| 3 years | -0.155% | -2.4 bp | +3.5 bp | 100.47 | +0.08 % | -0.10 % | |||
| 4 years | -0.154% | -2.5 bp | +1.3 bp | 100.62 | +0.10 % | -0.05 % | |||
| 5 years | -0.130% | -3.2 bp | +1.5 bp | 100.65 | +0.16 % | -0.08 % | |||
| 6 years | -0.120% | -3.1 bp | +2.5 bp | 100.72 | +0.18 % | -0.15 % | |||
| 7 years | -0.110% | -3.5 bp | +2.6 bp | 100.77 | +0.24 % | -0.19 % | |||
| 8 years | -0.075% | -3.6 bp | +3.0 bp | 100.60 | +0.29 % | -0.24 % | |||
| 9 years | -0.030% | -3.6 bp | +2.0 bp | 100.27 | +0.32 % | -0.18 % | |||
| 10 years | 0.019% | -1.8 bp | +3.0 bp | 99.81 | +0.18 % | -0.30 % | |||
| 15 years | 0.221% | -4.3 bp | +1.3 bp | 96.74 | +0.65 % | -0.20 % | |||
| 20 years | 0.376% | -3.2 bp | +5.9 bp | 92.77 | +0.64 % | -1.17 % | |||
| 30 years | 0.624% | -1.4 bp | +18.2 bp | 82.98 | +0.42 % | -5.28 % | |||
| 40 years | 0.644% | -1.0 bp | +18.2 bp | 77.35 | +0.39 % | -6.99 % | |||
10Y Bond Yield Spread - Japan vs Main Countries
The Japan 10Y Government Bond has a 0.019% 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 | 59.9 bp | -1.6 | +11.7 | ||
| France 10Y | 36.5 bp | +2.2 | +34.0 | ||
| Spain 10Y | -4.7 bp | +10.8 | +66.0 | ||
| United Kingdom 10Y | -29.8 bp | -6.6 | -11.3 | ||
| Italy 10Y | -57.0 bp | +15.0 | +103.6 | ||
| Canada 10Y | -67.0 bp | -6.5 | -15.4 | ||
| United States 10Y | -83.6 bp | -3.2 | -16.8 | ||
| Australia 10Y | -86.1 bp | -6.2 | +2.4 | ||
| China 10Y | -329.1 bp | -12.6 | -67.1 | ||
| Russia 10Y | -578.1 bp | +16.2 | -30.0 | ||
| India 10Y | -588.1 bp | -7.4 | +9.1 | ||
| Brazil 10Y | -781.1 bp | -29.1 | -44.7 |
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 | 0.644% | 77.35 | 112.52 | 182.85 | 253.17 | 323.50 | 393.83 | |
| 30 years | 0.624% | 82.98 | 110.26 | 164.82 | 219.39 | 273.95 | 328.51 | |
| 20 years | 0.376% | 92.77 | 112.00 | 150.46 | 188.93 | 227.39 | 265.85 | |
| 15 years | 0.221% | 96.74 | 111.48 | 140.96 | 170.43 | 199.91 | 229.39 | |
| 10 years | 0.019% | 99.81 | 109.80 | 129.78 | 149.76 | 169.74 | 189.72 | |
| 9 years | -0.030% | 100.27 | 109.28 | 127.31 | 145.34 | 163.37 | 181.39 | |
| 8 years | -0.075% | 100.60 | 108.63 | 124.68 | 140.74 | 156.79 | 172.85 | |
| 7 years | -0.110% | 100.77 | 107.80 | 121.87 | 135.93 | 149.99 | 164.05 | |
| 6 years | -0.120% | 100.72 | 106.75 | 118.80 | 130.85 | 142.90 | 154.95 | |
| 5 years | -0.130% | 100.65 | 105.67 | 115.71 | 125.75 | 135.79 | 145.83 | |
| 4 years | -0.154% | 100.62 | 104.63 | 112.66 | 120.70 | 128.73 | 136.76 | |
| 3 years | -0.155% | 100.47 | 103.48 | 109.49 | 115.51 | 121.53 | 127.55 | |
| 2 years | -0.154% | 100.31 | 102.31 | 106.32 | 110.33 | 114.34 | 118.35 | |
| 1 year | -0.160% | 100.16 | 101.16 | 103.17 | 105.17 | 107.17 | 109.17 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||