Last Update: 4 Jul 2020 4:15 GMT+0
The Japan 10Y Government Bond has a 0.033% 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 18.60 and implied probability of default is 0.31%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 4.2 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 3.5 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
|
- |
| 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 | 18.60 | -2.11 % | -15.45 % | -8.82 % | 0.31 % |
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 | -0.196% | +2.8 bp | -3.7 bp | ||||||
| 3 months | -0.084% | +1.9 bp | +0.3 bp | ||||||
| 6 months | -0.274% | -0.1 bp | -16.7 bp | ||||||
| 9 months | -0.289% | -1.7 bp | -7.5 bp | ||||||
| 1 year | -0.182% | -0.9 bp | -6.1 bp | 100.18 | +0.01 % | +0.06 % | |||
| 2 years | -0.140% | +2.9 bp | -1.2 bp | 100.28 | -0.06 % | +0.02 % | |||
| 3 years | -0.144% | +1.6 bp | -0.5 bp | 100.43 | -0.05 % | +0.01 % | |||
| 4 years | -0.135% | 0.0 bp | -0.3 bp | 100.54 | 0.00 % | +0.01 % | |||
| 5 years | -0.105% | +0.5 bp | +2.0 bp | 100.53 | -0.02 % | -0.10 % | |||
| 6 years | -0.100% | -1.0 bp | +1.6 bp | 100.60 | +0.06 % | -0.10 % | |||
| 7 years | -0.090% | -3.6 bp | +1.1 bp | 100.63 | +0.25 % | -0.08 % | |||
| 8 years | -0.054% | -2.3 bp | +2.8 bp | 100.43 | +0.18 % | -0.23 % | |||
| 9 years | -0.010% | -2.2 bp | +3.2 bp | 100.09 | +0.20 % | -0.29 % | |||
| 10 years | 0.033% | -0.2 bp | +4.5 bp | 99.67 | +0.02 % | -0.45 % | |||
| 15 years | 0.264% | +0.7 bp | +11.0 bp | 96.12 | -0.10 % | -1.64 % | |||
| 20 years | 0.420% | +3.9 bp | +14.3 bp | 91.96 | -0.78 % | -2.81 % | |||
| 30 years | 0.604% | +7.3 bp | +19.3 bp | 83.47 | -2.16 % | -5.60 % | |||
| 40 years | 0.640% | +7.1 bp | +20.4 bp | 77.48 | -2.79 % | -7.79 % | |||
10Y Bond Yield Spread - Japan vs Main Countries
The Japan 10Y Government Bond has a 0.033% 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 | 46.9 bp | +11.5 | +19.1 | ||
| France 10Y | 14.9 bp | +10.3 | +18.4 | ||
| United Kingdom 10Y | -15.4 bp | +12.2 | +59.5 | ||
| Spain 10Y | -40.8 bp | +10.8 | -1.2 | ||
| Canada 10Y | -52.4 bp | +11.9 | +102.7 | ||
| United States 10Y | -63.6 bp | +15.4 | +116.9 | ||
| Australia 10Y | -87.3 bp | +17.2 | +36.1 | ||
| Italy 10Y | -128.8 bp | +8.7 | +6.6 | ||
| China 10Y | -289.6 bp | -7.9 | +31.0 | ||
| India 10Y | -581.2 bp | -5.1 | +71.0 | ||
| Russia 10Y | -600.7 bp | -42.2 | +24.0 | ||
| Brazil 10Y | -643.4 bp | +25.6 | +30.4 |
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 | 0.640% | 77.48 | 112.67 | 183.05 | 253.44 | 323.82 | 394.20 | |
| 30 years | 0.604% | 83.47 | 110.84 | 165.56 | 220.29 | 275.02 | 329.75 | |
| 20 years | 0.420% | 91.96 | 111.10 | 149.39 | 187.68 | 225.97 | 264.26 | |
| 15 years | 0.264% | 96.12 | 110.81 | 140.19 | 169.56 | 198.94 | 228.31 | |
| 10 years | 0.033% | 99.67 | 109.65 | 129.62 | 149.58 | 169.54 | 189.51 | |
| 9 years | -0.010% | 100.09 | 109.09 | 127.10 | 145.11 | 163.12 | 181.13 | |
| 8 years | -0.054% | 100.43 | 108.45 | 124.49 | 140.53 | 156.57 | 172.61 | |
| 7 years | -0.090% | 100.63 | 107.66 | 121.71 | 135.76 | 149.81 | 163.86 | |
| 6 years | -0.100% | 100.60 | 106.62 | 118.67 | 130.71 | 142.75 | 154.79 | |
| 5 years | -0.105% | 100.53 | 105.54 | 115.57 | 125.61 | 135.64 | 145.67 | |
| 4 years | -0.135% | 100.54 | 104.56 | 112.58 | 120.61 | 128.64 | 136.66 | |
| 3 years | -0.144% | 100.43 | 103.44 | 109.46 | 115.48 | 121.49 | 127.51 | |
| 2 years | -0.140% | 100.28 | 102.28 | 106.29 | 110.30 | 114.31 | 118.32 | |
| 1 year | -0.182% | 100.18 | 101.18 | 103.19 | 105.19 | 107.20 | 109.20 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||