Last Update: 1 Apr 2020 2:15 GMT+0
The New Zealand 10Y Government Bond has a 1.159% yield.
Central Bank Rate is 0.25% (last modification in March 2020).
The New Zealand credit rating is AA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 39.20 and implied probability of default is 0.65%.
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA
|
positive |
| Moody's Investors Service |
Aaa
|
- |
| Fitch Ratings |
AA
|
positive |
| DBRS |
-
|
- |
| New Zealand Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 0.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 39.20 | -22.07 % | +53.13 % | +120.22 % | 0.65 % |
New Zealand 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 | 0.380% | -67.0 bp | -84.0 bp | ||||||
| 2 months | 0.450% | -52.0 bp | -73.0 bp | ||||||
| 3 months | 0.520% | -38.0 bp | -61.0 bp | ||||||
| 4 months | 0.540% | -34.0 bp | -59.0 bp | ||||||
| 5 months | 0.560% | -31.0 bp | -56.0 bp | ||||||
| 6 months | 0.580% | -27.0 bp | -53.0 bp | ||||||
| 1 year | 0.265% | -34.2 bp | -54.5 bp | 99.74 | +0.34 % | +0.54 % | |||
| 5 years | 0.765% | +6.9 bp | -9.3 bp | 96.26 | -0.34 % | +0.46 % | |||
| 7 years | 0.957% | +12.0 bp | -1.3 bp | 93.55 | -0.83 % | +0.09 % | |||
| 10 years | 1.159% | +22.9 bp | +8.1 bp | 89.12 | -2.24 % | -0.79 % | |||
| 15 years | 1.534% | +39.1 bp | +26.4 bp | 79.58 | -5.63 % | -3.83 % | |||
| 20 years | 1.788% | +47.4 bp | +36.3 bp | 70.16 | -8.91 % | -6.89 % | |||
10Y Bond Yield Spread - New Zealand vs Main Countries
The New Zealand 10Y Government Bond has a 1.159% 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.
| New Zealand 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Germany 10Y | 164.1 bp | +10.2 | +1.8 | ||
| France 10Y | 118.2 bp | -4.1 | -15.8 | ||
| Japan 10Y | 115.2 bp | +7.3 | -7.9 | ||
| United Kingdom 10Y | 79.7 bp | +31.5 | +23.1 | ||
| Spain 10Y | 50.0 bp | -14.8 | -39.1 | ||
| United States 10Y | 49.9 bp | +73.2 | +106.1 | ||
| Canada 10Y | 46.5 bp | +66.5 | +73.5 | ||
| Australia 10Y | 46.0 bp | +22.6 | +33.9 | ||
| Italy 10Y | -35.2 bp | -19.6 | -56.5 | ||
| China 10Y | -147.7 bp | +38.8 | +60.0 | ||
| India 10Y | -497.9 bp | +46.2 | +60.0 | ||
| Russia 10Y | -559.6 bp | -5.6 | +35.6 | ||
| Brazil 10Y | -645.9 bp | -63.8 | -44.2 |
New Zealand 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% | |||
| 20 years | 1.788% | 70.16 | 86.85 | 120.23 | 153.61 | 186.99 | 220.38 | |
| 15 years | 1.534% | 79.58 | 92.89 | 119.51 | 146.13 | 172.75 | 199.36 | |
| 10 years | 1.159% | 89.12 | 98.51 | 117.29 | 136.07 | 154.85 | 173.64 | |
| 7 years | 0.957% | 93.55 | 100.29 | 113.77 | 127.25 | 140.73 | 154.21 | |
| 5 years | 0.765% | 96.26 | 101.15 | 110.92 | 120.70 | 130.47 | 140.25 | |
| 1 year | 0.265% | 99.74 | 100.73 | 102.73 | 104.72 | 106.72 | 108.71 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||