Last Update: 18 Jun 2019 18:15 GMT+0
The New Zealand 10Y Government Bond has a 1.653% yield.
10 Years vs 2 Years bond spread is 45.8 bp. Normal Convexity in Long-Term vs Short-Term Maturities
Central Bank Rate is 1.50%.
The New Zealand rating is AA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 22.20 and implied probability of default is 0.37%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -4.5 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 12 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 45.8 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 | 1.50% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 22.20 | -5.13 % | +6.73 % | +26.14 % | 0.37 % |
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 | 1.660% | -6.0 bp | -24.0 bp | ||||||
| 2 months | 1.640% | -9.0 bp | -31.0 bp | ||||||
| 3 months | 1.620% | -12.0 bp | -38.0 bp | ||||||
| 4 months | 1.600% | -14.0 bp | -42.0 bp | ||||||
| 5 months | 1.590% | -14.0 bp | -45.0 bp | ||||||
| 6 months | 1.570% | -15.0 bp | -50.0 bp | ||||||
| 1 year | 1.240% | -20.5 bp | -51.5 bp | 98.78 | +0.20 % | +0.51 % | |||
| 2 years | 1.195% | -20.0 bp | -56.5 bp | 97.65 | +0.39 % | +1.12 % | |||
| 5 years | 1.315% | -21.5 bp | -61.0 bp | 93.68 | +1.07 % | +3.05 % | |||
| 7 years | 1.485% | -20.0 bp | -63.5 bp | 90.20 | +1.39 % | +4.47 % | |||
| 10 years | 1.653% | -16.5 bp | -80.5 bp | 84.88 | +1.64 % | +8.21 % | |||
| 15 years | 1.840% | -16.8 bp | -78.5 bp | 76.07 | +2.51 % | +12.20 % | |||
| 20 years | 1.995% | -15.3 bp | -79.5 bp | 67.36 | +3.04 % | +16.80 % | |||
10Y Bond Yield Spread - New Zealand vs Main Countries
The New Zealand 10Y Government Bond has a 1.653% 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 | 197.2 bp | +4.8 | -24.6 | ||
| Japan 10Y | 178.7 bp | -8.7 | -64.8 | ||
| France 10Y | 163.9 bp | +10.7 | -11.0 | ||
| Spain 10Y | 125.5 bp | +32.0 | +18.2 | ||
| United Kingdom 10Y | 84.5 bp | +6.5 | -33.3 | ||
| Australia 10Y | 29.6 bp | +11.7 | +23.5 | ||
| Canada 10Y | 22.7 bp | +9.8 | -21.6 | ||
| United States 10Y | -40.5 bp | +17.0 | -3.7 | ||
| Italy 10Y | -46.8 bp | +39.4 | +0.1 | ||
| China 10Y | -160.6 bp | -14.1 | -65.5 | ||
| India 10Y | -515.5 bp | +38.9 | -26.8 | ||
| Russia 10Y | -590.7 bp | +31.5 | +41.5 | ||
| Brazil 10Y | -623.7 bp | +104.5 | +102.5 |
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 | 1.995% | 67.36 | 83.72 | 116.44 | 149.16 | 181.88 | 214.60 | |
| 15 years | 1.840% | 76.07 | 89.08 | 115.09 | 141.09 | 167.10 | 193.11 | |
| 10 years | 1.653% | 84.88 | 94.03 | 112.32 | 130.62 | 148.91 | 167.21 | |
| 7 years | 1.485% | 90.20 | 96.80 | 110.00 | 123.21 | 136.41 | 149.61 | |
| 5 years | 1.315% | 93.68 | 98.49 | 108.10 | 117.72 | 127.34 | 136.95 | |
| 2 years | 1.195% | 97.65 | 99.62 | 103.55 | 107.48 | 111.41 | 115.33 | |
| 1 year | 1.240% | 98.78 | 99.76 | 101.74 | 103.71 | 105.69 | 107.66 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||