Last Update: 3 Apr 2020 16:15 GMT+0
The Japan 10Y Government Bond has a -0.004% yield.
10 Years vs 2 Years bond spread is 12.6 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 42.20 and implied probability of default is 0.70%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -2 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 1.9 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 12.6 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 | 42.20 | -2.99 % | +83.48 % | +100.95 % | 0.70 % |
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 | -0.213% | -3.9 bp | -6.3 bp | ||||||
| 3 months | -0.137% | +13.7 bp | +23.3 bp | ||||||
| 6 months | -0.234% | -3.7 bp | +4.1 bp | ||||||
| 9 months | -0.229% | +6.5 bp | +4.6 bp | ||||||
| 1 year | -0.110% | +5.5 bp | +19.2 bp | 100.11 | -0.06 % | -0.19 % | |||
| 2 years | -0.130% | +11.0 bp | +19.1 bp | 100.26 | -0.22 % | -0.39 % | |||
| 3 years | -0.155% | +10.6 bp | +19.1 bp | 100.47 | -0.32 % | -0.57 % | |||
| 4 years | -0.120% | +13.1 bp | +22.5 bp | 100.48 | -0.52 % | -0.90 % | |||
| 5 years | -0.111% | +11.5 bp | +24.3 bp | 100.56 | -0.57 % | -1.21 % | |||
| 6 years | -0.146% | +11.1 bp | +21.8 bp | 100.88 | -0.67 % | -1.30 % | |||
| 7 years | -0.151% | +10.1 bp | +20.2 bp | 101.06 | -0.71 % | -1.41 % | |||
| 8 years | -0.121% | +10.1 bp | +20.7 bp | 100.97 | -0.81 % | -1.65 % | |||
| 9 years | -0.055% | +10.6 bp | +19.9 bp | 100.50 | -0.95 % | -1.78 % | |||
| 10 years | -0.004% | +10.2 bp | +19.0 bp | 100.04 | -1.02 % | -1.88 % | |||
| 15 years | 0.208% | +12.7 bp | +17.1 bp | 96.93 | -1.88 % | -2.53 % | |||
| 20 years | 0.275% | +8.8 bp | +8.4 bp | 94.66 | -1.73 % | -1.66 % | |||
| 30 years | 0.391% | +7.2 bp | +3.7 bp | 88.95 | -2.13 % | -1.10 % | |||
| 40 years | 0.406% | +6.2 bp | -0.8 bp | 85.04 | -2.44 % | +0.32 % | |||
10Y Bond Yield Spread - Japan vs Main Countries
The Japan 10Y Government Bond has a -0.004% 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 | 44.0 bp | -9.6 | +4.4 | ||
| France 10Y | -6.9 bp | -29.0 | -16.6 | ||
| United Kingdom 10Y | -31.4 bp | +17.9 | +34.9 | ||
| United States 10Y | -58.2 bp | +52.3 | +114.8 | ||
| Canada 10Y | -69.8 bp | +37.3 | +74.2 | ||
| Spain 10Y | -73.4 bp | -43.6 | -38.9 | ||
| Australia 10Y | -75.6 bp | +7.5 | +34.8 | ||
| Italy 10Y | -154.2 bp | -44.2 | -51.6 | ||
| China 10Y | -261.4 bp | +29.1 | +73.5 | ||
| India 10Y | -631.0 bp | +13.8 | +49.0 | ||
| Russia 10Y | -681.9 bp | -54.8 | +39.5 | ||
| Brazil 10Y | -788.6 bp | -119.0 | -70.2 |
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 | 0.406% | 85.04 | 121.89 | 195.59 | 269.30 | 343.00 | 416.71 | |
| 30 years | 0.391% | 88.95 | 117.21 | 173.72 | 230.23 | 286.74 | 343.25 | |
| 20 years | 0.275% | 94.66 | 114.09 | 152.96 | 191.83 | 230.69 | 269.56 | |
| 15 years | 0.208% | 96.93 | 111.68 | 141.19 | 170.70 | 200.20 | 229.71 | |
| 10 years | -0.004% | 100.04 | 110.04 | 130.05 | 150.05 | 170.06 | 190.06 | |
| 9 years | -0.055% | 100.50 | 109.52 | 127.57 | 145.62 | 163.67 | 181.72 | |
| 8 years | -0.121% | 100.97 | 109.02 | 125.10 | 141.19 | 157.28 | 173.37 | |
| 7 years | -0.151% | 101.06 | 108.11 | 122.19 | 136.28 | 150.36 | 164.45 | |
| 6 years | -0.146% | 100.88 | 106.91 | 118.97 | 131.03 | 143.10 | 155.16 | |
| 5 years | -0.111% | 100.56 | 105.57 | 115.61 | 125.64 | 135.67 | 145.71 | |
| 4 years | -0.120% | 100.48 | 104.49 | 112.52 | 120.54 | 128.57 | 136.59 | |
| 3 years | -0.155% | 100.47 | 103.48 | 109.49 | 115.51 | 121.53 | 127.55 | |
| 2 years | -0.130% | 100.26 | 102.26 | 106.27 | 110.28 | 114.29 | 118.30 | |
| 1 year | -0.110% | 100.11 | 101.11 | 103.11 | 105.12 | 107.12 | 109.12 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||