Last Update: 25 Jan 2022 3:15 GMT+0
The New Zealand 10Y Government Bond has a 2.565% yield.
10 Years vs 2 Years bond spread is 43.1 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 0.50% (last modification in October 2021).
The New Zealand credit rating is AA+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 14.30 and implied probability of default is 0.24%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 30.4 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 43.1 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA+
|
- |
| Moody's Investors Service |
Aaa
|
- |
| Fitch Ratings |
AA
|
positive |
| DBRS |
-
|
- |
| New Zealand Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 0.50% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 14.30 | -1.38 % | 0.00 % | -3.38 % | 0.24 % |
New Zealand 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 | 0.870% | +4.0 bp | +52.0 bp | ||||||
| 2 months | 0.990% | +8.0 bp | +57.0 bp | ||||||
| 3 months | 1.110% | +12.0 bp | +62.0 bp | ||||||
| 4 months | 1.180% | +11.0 bp | +64.0 bp | ||||||
| 5 months | 1.250% | +9.0 bp | +66.0 bp | ||||||
| 6 months | 1.330% | +9.0 bp | +69.0 bp | ||||||
| 2 years | 2.134% | +17.9 bp | +138.9 bp | 95.86 | -0.35 % | -2.71 % | |||
| 5 years | 2.438% | +23.3 bp | +128.5 bp | 88.65 | -1.14 % | -6.12 % | |||
| 7 years | 2.504% | +24.7 bp | +114.1 bp | 84.10 | -1.68 % | -7.54 % | |||
| 10 years | 2.565% | +27.6 bp | +103.9 bp | 77.63 | -2.66 % | -9.68 % | |||
| 15 years | 2.612% | +19.4 bp | +89.2 bp | 67.92 | -2.80 % | -12.28 % | |||
| 20 years | 2.909% | +13.2 bp | +61.3 bp | 56.36 | -2.53 % | -11.26 % | |||
New Zealand 10Y Bond Yield Spread
The New Zealand 10Y Government Bond has a 2.565% 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. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
| New Zealand 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Germany 10Y | 267.6 bp | +13.3 bp | +73.0 bp | Compare | |
| Japan 10Y | 243.4 bp | +20.4 bp | +92.8 bp | Compare | |
| France 10Y | 226.4 bp | +9.3 bp | +65.1 bp | Compare | |
| Spain 10Y | 193.4 bp | +16.2 bp | +67.3 bp | Compare | |
| United Kingdom 10Y | 143.6 bp | +6.9 bp | +49.9 bp | Compare | |
| Italy 10Y | 121.3 bp | +4.5 bp | +30.9 bp | Compare | |
| United States 10Y | 79.4 bp | -0.2 bp | +54.9 bp | Compare | |
| Canada 10Y | 74.7 bp | -6.6 bp | +42.9 bp | Compare | |
| Australia 10Y | 60.7 bp | -8.8 bp | +28.3 bp | Compare | |
| China 10Y | -13.7 bp | +41.8 bp | +127.5 bp | Compare | |
| India 10Y | -408.7 bp | +8.6 bp | +55.2 bp | Compare | |
| Russia 10Y | -715.0 bp | -101.9 bp | -168.6 bp | Compare | |
| Brazil 10Y | -854.7 bp | -59.5 bp | -90.5 bp | Compare |
New Zealand Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
For each maturity, the current market yield is shown.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 20 years | 2.909% | 56.36 | 71.36 | 101.37 | 131.37 | 161.38 | 191.39 | |
| 15 years | 2.612% | 67.92 | 80.20 | 104.76 | 129.32 | 153.88 | 178.44 | |
| 10 years | 2.565% | 77.63 | 86.35 | 103.79 | 121.24 | 138.69 | 156.13 | |
| 7 years | 2.504% | 84.10 | 90.45 | 103.15 | 115.85 | 128.54 | 141.24 | |
| 5 years | 2.438% | 88.65 | 93.31 | 102.62 | 111.92 | 121.23 | 130.54 | |
| 2 years | 2.134% | 95.86 | 97.80 | 101.68 | 105.55 | 109.43 | 113.30 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||