Last Update: 22 Oct 2019 20:15 GMT+0
The New Zealand 10Y Government Bond has a 1.304% yield.
10 Years vs 2 Years bond spread is 47.3 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 1.00% (last modification in August 2019).
The New Zealand credit rating is AA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 19.00 and implied probability of default is 0.32%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 4.9 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 15.2 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 47.3 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 | 1.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 19.00 | -4.04 % | 0.00 % | +5.56 % | 0.32 % |
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 | 1.170% | -4.0 bp | -70.0 bp | ||||||
| 2 months | 1.130% | -6.0 bp | -71.0 bp | ||||||
| 3 months | 1.080% | -9.0 bp | -73.0 bp | ||||||
| 4 months | 1.080% | -9.0 bp | -73.0 bp | ||||||
| 5 months | 1.080% | -10.0 bp | -73.0 bp | ||||||
| 6 months | 1.080% | -10.0 bp | -72.0 bp | ||||||
| 1 year | 0.782% | -7.8 bp | -70.8 bp | 99.22 | +0.07 % | +0.70 % | |||
| 2 years | 0.831% | -0.9 bp | -66.2 bp | 98.36 | +0.02 % | +1.32 % | |||
| 5 years | 0.983% | +4.0 bp | -70.0 bp | 95.23 | -0.20 % | +3.52 % | |||
| 7 years | 1.159% | +9.4 bp | -68.1 bp | 92.25 | -0.65 % | +4.81 % | |||
| 10 years | 1.304% | +12.4 bp | -69.6 bp | 87.85 | -1.21 % | +7.09 % | |||
| 15 years | 1.556% | +19.3 bp | -63.9 bp | 79.33 | -2.81 % | +9.88 % | |||
| 20 years | 1.726% | +21.6 bp | -62.4 bp | 71.02 | -4.16 % | +13.02 % | |||
10Y Bond Yield Spread - New Zealand vs Main Countries
The New Zealand 10Y Government Bond has a 1.304% 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 | 167.0 bp | -3.5 | -30.6 | ||
| Japan 10Y | 143.0 bp | +3.5 | -59.9 | ||
| France 10Y | 137.2 bp | -2.9 | -25.8 | ||
| Spain 10Y | 104.4 bp | +11.6 | +10.7 | ||
| United Kingdom 10Y | 59.2 bp | +3.6 | -21.7 | ||
| Italy 10Y | 28.4 bp | +3.5 | +88.1 | ||
| Australia 10Y | 15.4 bp | -0.8 | +10.4 | ||
| Canada 10Y | -22.2 bp | -1.5 | -43.4 | ||
| United States 10Y | -46.6 bp | +7.6 | +11.9 | ||
| China 10Y | -194.5 bp | -0.7 | -52.6 | ||
| Russia 10Y | -517.6 bp | +65.4 | +107.4 | ||
| Brazil 10Y | -526.1 bp | +63.9 | +167.9 | ||
| India 10Y | -551.1 bp | +9.1 | -3.7 |
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 | 1.726% | 71.02 | 87.81 | 121.39 | 154.98 | 188.56 | 222.15 | |
| 15 years | 1.556% | 79.33 | 92.61 | 119.19 | 145.76 | 172.33 | 198.91 | |
| 10 years | 1.304% | 87.85 | 97.17 | 115.80 | 134.44 | 153.08 | 171.72 | |
| 7 years | 1.159% | 92.25 | 98.94 | 112.31 | 125.68 | 139.06 | 152.43 | |
| 5 years | 0.983% | 95.23 | 100.08 | 109.79 | 119.51 | 129.22 | 138.93 | |
| 2 years | 0.831% | 98.36 | 100.33 | 104.28 | 108.24 | 112.19 | 116.14 | |
| 1 year | 0.782% | 99.22 | 100.22 | 102.20 | 104.19 | 106.17 | 108.15 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||