Last Update: 10 Dec 2019 1:15 GMT+0
The Japan 10Y Government Bond has a -0.001% yield.
10 Years vs 2 Years bond spread is 10.6 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 21.90 and implied probability of default is 0.37%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 2 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 1.7 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 10.6 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 | 21.90 | 0.00 % | 0.00 % | +4.29 % | 0.37 % |
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 | -0.236% | -7.7 bp | -8.1 bp | ||||||
| 3 months | -0.089% | +11.0 bp | +4.1 bp | ||||||
| 6 months | -0.207% | -1.8 bp | +1.3 bp | ||||||
| 9 months | -0.189% | -1.0 bp | -5.9 bp | ||||||
| 1 year | -0.127% | +4.0 bp | +4.5 bp | 100.13 | -0.04 % | -0.04 % | |||
| 2 years | -0.107% | +7.0 bp | +8.6 bp | 100.21 | -0.14 % | -0.18 % | |||
| 3 years | -0.153% | +3.5 bp | +6.7 bp | 100.46 | -0.11 % | -0.20 % | |||
| 4 years | -0.122% | +6.9 bp | +11.1 bp | 100.49 | -0.28 % | -0.45 % | |||
| 5 years | -0.090% | +9.1 bp | +13.9 bp | 100.45 | -0.46 % | -0.69 % | |||
| 6 years | -0.122% | +6.5 bp | +10.8 bp | 100.74 | -0.39 % | -0.64 % | |||
| 7 years | -0.115% | +6.2 bp | +11.2 bp | 100.81 | -0.43 % | -0.78 % | |||
| 8 years | -0.097% | +6.1 bp | +11.1 bp | 100.78 | -0.48 % | -0.89 % | |||
| 9 years | -0.050% | +5.7 bp | +10.6 bp | 100.45 | -0.52 % | -0.96 % | |||
| 10 years | -0.001% | +5.9 bp | +11.9 bp | 100.01 | -0.59 % | -1.19 % | |||
| 15 years | 0.164% | +1.4 bp | +8.1 bp | 97.57 | -0.21 % | -1.20 % | |||
| 20 years | 0.291% | -0.4 bp | +4.7 bp | 94.35 | +0.07 % | -0.93 % | |||
| 30 years | 0.438% | -0.3 bp | +8.2 bp | 87.71 | +0.09 % | -2.43 % | |||
| 40 years | 0.468% | -0.5 bp | +7.7 bp | 82.96 | +0.19 % | -3.03 % | |||
10Y Bond Yield Spread - Japan vs Main Countries
The Japan 10Y Government Bond has a -0.001% 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 | 30.4 bp | +9.6 | +20.7 | ||
| France 10Y | -0.9 bp | +7.9 | +24.5 | ||
| Spain 10Y | -44.8 bp | 0.0 | +27.9 | ||
| United Kingdom 10Y | -76.5 bp | +8.5 | +19.0 | ||
| Australia 10Y | -112.5 bp | +25.5 | +47.7 | ||
| Italy 10Y | -137.5 bp | -3.8 | +111.3 | ||
| Canada 10Y | -159.0 bp | +5.5 | +4.7 | ||
| United States 10Y | -182.2 bp | +18.3 | +44.3 | ||
| China 10Y | -322.6 bp | +12.9 | +16.7 | ||
| Russia 10Y | -639.1 bp | +7.9 | +141.9 | ||
| India 10Y | -666.0 bp | -4.6 | +53.7 | ||
| Brazil 10Y | -675.2 bp | -4.8 | +146.8 |
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 | 0.468% | 82.96 | 119.37 | 192.17 | 264.97 | 337.78 | 410.58 | |
| 30 years | 0.438% | 87.71 | 115.77 | 171.88 | 227.99 | 284.10 | 340.21 | |
| 20 years | 0.291% | 94.35 | 113.76 | 152.56 | 191.36 | 230.17 | 268.97 | |
| 15 years | 0.164% | 97.57 | 112.38 | 141.99 | 171.60 | 201.21 | 230.82 | |
| 10 years | -0.001% | 100.01 | 110.01 | 130.01 | 150.01 | 170.01 | 190.01 | |
| 9 years | -0.050% | 100.45 | 109.47 | 127.52 | 145.56 | 163.61 | 181.65 | |
| 8 years | -0.097% | 100.78 | 108.81 | 124.88 | 140.95 | 157.02 | 173.09 | |
| 7 years | -0.115% | 100.81 | 107.84 | 121.91 | 135.97 | 150.03 | 164.10 | |
| 6 years | -0.122% | 100.74 | 106.76 | 118.81 | 130.86 | 142.92 | 154.97 | |
| 5 years | -0.090% | 100.45 | 105.46 | 115.49 | 125.52 | 135.55 | 145.57 | |
| 4 years | -0.122% | 100.49 | 104.50 | 112.53 | 120.55 | 128.58 | 136.60 | |
| 3 years | -0.153% | 100.46 | 103.47 | 109.49 | 115.51 | 121.52 | 127.54 | |
| 2 years | -0.107% | 100.21 | 102.22 | 106.22 | 110.23 | 114.24 | 118.24 | |
| 1 year | -0.127% | 100.13 | 101.13 | 103.13 | 105.13 | 107.14 | 109.14 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||