Last Update: 20 Sep 2020 18:15 GMT+0
The New Zealand 10Y Government Bond has a 0.546% 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 14.70 and implied probability of default is 0.25%.
| 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 | 14.70 | 0.00 % | -12.50 % | -22.22 % | 0.25 % |
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 | 0.310% | +1.0 bp | -15.0 bp | ||||||
| 2 months | 0.320% | +2.0 bp | -26.0 bp | ||||||
| 3 months | 0.330% | +3.0 bp | -37.0 bp | ||||||
| 4 months | 0.330% | +3.0 bp | -38.0 bp | ||||||
| 5 months | 0.330% | +3.0 bp | -40.0 bp | ||||||
| 6 months | 0.320% | +3.0 bp | -42.0 bp | ||||||
| 1 year | 0.196% | -4.0 bp | -21.0 bp | 99.80 | +0.04 % | +0.20 % | |||
| 5 years | -0.020% | -18.0 bp | -104.3 bp | 100.10 | +0.91 % | +5.32 % | |||
| 7 years | 0.168% | -16.5 bp | -106.6 bp | 98.83 | +1.16 % | +7.69 % | |||
| 10 years | 0.546% | -9.5 bp | -93.3 bp | 94.70 | +0.95 % | +9.67 % | |||
| 15 years | 0.745% | -2.2 bp | -122.8 bp | 89.46 | +0.33 % | +19.92 % | |||
| 20 years | 1.026% | +1.0 bp | -129.3 bp | 81.53 | -0.21 % | +28.96 % | |||
10Y Bond Yield Spread - New Zealand vs Main Countries
The New Zealand 10Y Government Bond has a 0.546% 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 | 103.3 bp | -10.3 | -78.6 | ||
| France 10Y | 76.9 bp | -7.4 | -60.8 | ||
| Japan 10Y | 52.6 bp | -9.1 | -84.8 | ||
| United Kingdom 10Y | 36.3 bp | -5.4 | -56.1 | ||
| Spain 10Y | 26.4 bp | -8.8 | -48.4 | ||
| Canada 10Y | -3.3 bp | -11.3 | -64.9 | ||
| United States 10Y | -15.1 bp | -13.9 | -74.5 | ||
| Australia 10Y | -38.3 bp | -17.3 | -79.3 | ||
| Italy 10Y | -41.4 bp | -8.1 | -26.3 | ||
| China 10Y | -260.3 bp | -22.8 | -132.5 | ||
| India 10Y | -546.8 bp | -10.9 | -68.8 | ||
| Russia 10Y | -562.4 bp | -9.0 | +63.2 | ||
| Brazil 10Y | -669.3 bp | -37.4 | +85.6 |
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 | 1.026% | 81.53 | 99.53 | 135.53 | 171.53 | 207.52 | 243.52 | |
| 15 years | 0.745% | 89.46 | 103.61 | 131.89 | 160.18 | 188.46 | 216.75 | |
| 10 years | 0.546% | 94.70 | 104.41 | 123.82 | 143.23 | 162.64 | 182.06 | |
| 7 years | 0.168% | 98.83 | 105.79 | 119.69 | 133.60 | 147.50 | 161.41 | |
| 5 years | -0.020% | 100.10 | 105.10 | 115.11 | 125.12 | 135.12 | 145.13 | |
| 1 year | 0.196% | 99.80 | 100.80 | 102.80 | 104.79 | 106.79 | 108.79 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||