Last Update: 4 Mar 2021 21:15 GMT+0
The Japan 10Y Government Bond has a 0.131% yield.
10 Years vs 2 Years bond spread is 25.3 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 15.10 and implied probability of default is 0.25%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 0.4 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 4.7 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 25.3 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 | 15.10 | -0.66 % | 0.00 % | -34.06 % | 0.25 % |
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 | -0.190% | -10.4 bp | +0.4 bp | ||||||
| 3 months | -0.099% | -0.2 bp | +2.5 bp | ||||||
| 6 months | -0.108% | -0.9 bp | +3.1 bp | ||||||
| 9 months | -0.219% | -1.0 bp | +1.3 bp | ||||||
| 1 year | -0.126% | 0.0 bp | +1.0 bp | 100.13 | 0.00 % | -0.01 % | |||
| 2 years | -0.122% | +0.9 bp | +0.4 bp | 100.24 | -0.02 % | -0.01 % | |||
| 3 years | -0.113% | +2.0 bp | +0.6 bp | 100.34 | -0.06 % | -0.02 % | |||
| 4 years | -0.095% | +3.1 bp | +1.7 bp | 100.38 | -0.13 % | -0.07 % | |||
| 5 years | -0.075% | +3.5 bp | +1.0 bp | 100.38 | -0.17 % | -0.05 % | |||
| 6 years | -0.039% | +5.2 bp | +4.8 bp | 100.23 | -0.32 % | -0.29 % | |||
| 7 years | 0.001% | +6.3 bp | +7.2 bp | 99.99 | -0.45 % | -0.51 % | |||
| 8 years | 0.039% | +6.3 bp | +8.1 bp | 99.69 | -0.50 % | -0.65 % | |||
| 9 years | 0.092% | +7.4 bp | +8.4 bp | 99.18 | -0.66 % | -0.75 % | |||
| 10 years | 0.131% | +7.7 bp | +9.4 bp | 98.70 | -0.76 % | -0.93 % | |||
| 15 years | 0.349% | +6.1 bp | +5.8 bp | 94.91 | -0.91 % | -0.86 % | |||
| 20 years | 0.518% | +6.4 bp | +9.8 bp | 90.18 | -1.27 % | -1.94 % | |||
| 30 years | 0.714% | +5.4 bp | +10.8 bp | 80.78 | -1.60 % | -3.16 % | |||
| 40 years | 0.728% | +4.8 bp | +10.9 bp | 74.82 | -1.89 % | -4.24 % | |||
10Y Bond Yield Spread - Japan vs Main Countries
The Japan 10Y Government Bond has a 0.131% 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 | 42.4 bp | -8.6 | -7.9 | ||
| France 10Y | 16.7 bp | -12.6 | -4.0 | ||
| Spain 10Y | -19.0 bp | -12.3 | +12.8 | ||
| United Kingdom 10Y | -64.5 bp | -25.3 | -41.2 | ||
| Italy 10Y | -64.5 bp | -15.5 | +39.6 | ||
| Canada 10Y | -137.1 bp | -46.1 | -81.2 | ||
| United States 10Y | -141.7 bp | -33.5 | -73.3 | ||
| Australia 10Y | -168.8 bp | -50.4 | -76.8 | ||
| China 10Y | -315.9 bp | +4.2 | -5.8 | ||
| India 10Y | -608.1 bp | -6.1 | -18.8 | ||
| Russia 10Y | -642.4 bp | -18.8 | -31.6 | ||
| Brazil 10Y | -848.0 bp | -115.8 | -184.6 |
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 | 0.728% | 74.82 | 109.41 | 178.60 | 247.79 | 316.97 | 386.16 | |
| 30 years | 0.714% | 80.78 | 107.70 | 161.54 | 215.37 | 269.21 | 323.05 | |
| 20 years | 0.518% | 90.18 | 109.14 | 147.04 | 184.94 | 222.85 | 260.75 | |
| 15 years | 0.349% | 94.91 | 109.50 | 138.68 | 167.86 | 197.03 | 226.21 | |
| 10 years | 0.131% | 98.70 | 108.63 | 128.48 | 148.34 | 168.20 | 188.05 | |
| 9 years | 0.092% | 99.18 | 108.13 | 126.05 | 143.97 | 161.89 | 179.80 | |
| 8 years | 0.039% | 99.69 | 107.67 | 123.65 | 139.62 | 155.59 | 171.56 | |
| 7 years | 0.001% | 99.99 | 106.99 | 120.99 | 134.99 | 148.99 | 162.99 | |
| 6 years | -0.039% | 100.23 | 106.24 | 118.26 | 130.28 | 142.29 | 154.31 | |
| 5 years | -0.075% | 100.38 | 105.39 | 115.41 | 125.43 | 135.45 | 145.48 | |
| 4 years | -0.095% | 100.38 | 104.39 | 112.41 | 120.43 | 128.45 | 136.47 | |
| 3 years | -0.113% | 100.34 | 103.35 | 109.36 | 115.37 | 121.39 | 127.40 | |
| 2 years | -0.122% | 100.24 | 102.25 | 106.26 | 110.26 | 114.27 | 118.28 | |
| 1 year | -0.126% | 100.13 | 101.13 | 103.13 | 105.13 | 107.13 | 109.14 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||