Last Update: 19 Apr 2019 8:15 GMT+0
The New Zealand 10Y Government Bond has a 2.000% yield.
10 Years vs 2 Years bond spread is 50.7 bp. Normal Convexity in Long-Term vs Short-Term Maturities
Central Bank Rate is 1.75%.
The New Zealand rating is AA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 17.70 and implied probability of default is 0.30%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 0.3 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 17.7 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 50.7 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA
|
positive |
| Moody's Investors Service |
Aaa
|
- |
| Fitch Ratings |
AA
|
- |
| DBRS |
-
|
- |
| New Zealand Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 1.75% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 17.70 | -2.75 % | +18.00 % | +18.00 % | 0.30 % |
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 | 1.870% | -2.0 bp | +2.0 bp | ||||||
| 2 months | 1.840% | -6.0 bp | -5.0 bp | ||||||
| 3 months | 1.810% | -10.0 bp | -12.0 bp | ||||||
| 4 months | 1.810% | -10.0 bp | -13.0 bp | ||||||
| 5 months | 1.810% | -11.0 bp | -14.0 bp | ||||||
| 6 months | 1.800% | -12.0 bp | -16.0 bp | ||||||
| 1 year | 1.490% | -20.5 bp | -29.0 bp | 98.53 | +0.20 % | +0.28 % | |||
| 2 years | 1.493% | -11.2 bp | -35.2 bp | 97.08 | +0.22 % | +0.69 % | |||
| 5 years | 1.670% | +5.0 bp | -37.5 bp | 92.05 | -0.25 % | +1.86 % | |||
| 7 years | 1.840% | +12.5 bp | -46.5 bp | 88.02 | -0.86 % | +3.24 % | |||
| 10 years | 2.000% | -6.5 bp | -68.5 bp | 82.03 | +0.64 % | +6.92 % | |||
| 15 years | 2.195% | -3.5 bp | -66.0 bp | 72.20 | +0.52 % | +10.13 % | |||
| 20 years | 2.360% | -4.0 bp | -63.0 bp | 62.72 | +0.79 % | +13.05 % | |||
10Y Bond Yield Spread - New Zealand vs Main Countries
The New Zealand 10Y Government Bond has a 2.000% 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 |
|
|---|---|---|---|---|---|
| Japan 10Y | 202.7 bp | -8.2 | -50.9 | ||
| Germany 10Y | 197.7 bp | +1.7 | -25.5 | ||
| France 10Y | 163.0 bp | +4.2 | -22.0 | ||
| Spain 10Y | 93.9 bp | +6.0 | +1.4 | ||
| United Kingdom 10Y | 81.1 bp | -6.5 | -28.8 | ||
| Canada 10Y | 23.4 bp | -10.3 | +4.4 | ||
| Australia 10Y | 7.5 bp | -6.4 | +9.5 | ||
| United States 10Y | -56.0 bp | -0.7 | -4.9 | ||
| Italy 10Y | -61.2 bp | -18.8 | +27.2 | ||
| China 10Y | -139.0 bp | -29.7 | -49.2 | ||
| India 10Y | -542.0 bp | +5.1 | -18.4 | ||
| Russia 10Y | -624.0 bp | -2.5 | -33.5 | ||
| Brazil 10Y | -696.0 bp | -26.5 | +73.5 |
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 | 2.360% | 62.72 | 78.52 | 110.11 | 141.70 | 173.30 | 204.89 | |
| 15 years | 2.195% | 72.20 | 84.87 | 110.19 | 135.52 | 160.85 | 186.18 | |
| 10 years | 2.000% | 82.03 | 91.02 | 108.98 | 126.95 | 144.91 | 162.88 | |
| 7 years | 1.840% | 88.02 | 94.53 | 107.55 | 120.58 | 133.60 | 146.63 | |
| 5 years | 1.670% | 92.05 | 96.81 | 106.33 | 115.85 | 125.37 | 134.88 | |
| 2 years | 1.493% | 97.08 | 99.04 | 102.95 | 106.86 | 110.77 | 114.68 | |
| 1 year | 1.490% | 98.53 | 99.52 | 101.49 | 103.46 | 105.43 | 107.40 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||