Last Update: 12 Jul 2020 8:15 GMT+0
The New Zealand 10Y Government Bond has a 0.981% 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 22.10 and implied probability of default is 0.37%.
| 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 | 22.10 | -2.64 % | -13.33 % | +5.74 % | 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 | 0.300% | 0.0 bp | -92.0 bp | ||||||
| 2 months | 0.320% | +2.0 bp | -93.0 bp | ||||||
| 3 months | 0.340% | +4.0 bp | -94.0 bp | ||||||
| 4 months | 0.350% | +4.0 bp | -93.0 bp | ||||||
| 5 months | 0.360% | +5.0 bp | -91.0 bp | ||||||
| 6 months | 0.360% | +5.0 bp | -91.0 bp | ||||||
| 1 year | 0.249% | +6.4 bp | -81.5 bp | 99.75 | -0.07 % | +0.81 % | |||
| 5 years | 0.459% | +0.5 bp | -75.5 bp | 97.74 | -0.02 % | +3.82 % | |||
| 7 years | 0.646% | +7.5 bp | -71.9 bp | 95.59 | -0.52 % | +5.10 % | |||
| 10 years | 0.981% | +16.9 bp | -50.3 bp | 90.70 | -1.66 % | +5.10 % | |||
| 15 years | 1.098% | +20.8 bp | -60.9 bp | 84.89 | -3.04 % | +9.42 % | |||
| 20 years | 1.340% | +28.2 bp | -55.2 bp | 76.63 | -5.42 % | +11.48 % | |||
10Y Bond Yield Spread - New Zealand vs Main Countries
The New Zealand 10Y Government Bond has a 0.981% 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 | 144.6 bp | +19.5 | -27.6 | ||
| France 10Y | 112.7 bp | +27.3 | -31.3 | ||
| Japan 10Y | 96.9 bp | +16.4 | -50.6 | ||
| United Kingdom 10Y | 82.7 bp | +22.1 | +11.7 | ||
| Spain 10Y | 57.0 bp | +35.2 | -47.6 | ||
| Canada 10Y | 43.3 bp | +15.3 | +54.1 | ||
| United States 10Y | 33.8 bp | +23.6 | +67.4 | ||
| Australia 10Y | 8.6 bp | +16.7 | -16.5 | ||
| Italy 10Y | -30.1 bp | +29.5 | -46.1 | ||
| China 10Y | -215.3 bp | -18.2 | -49.4 | ||
| India 10Y | -477.9 bp | +20.5 | +32.2 | ||
| Russia 10Y | -480.4 bp | +0.4 | -15.3 | ||
| Brazil 10Y | -535.2 bp | +40.2 | -9.4 |
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 | 1.340% | 76.63 | 94.07 | 128.95 | 163.84 | 198.72 | 233.61 | |
| 15 years | 1.098% | 84.89 | 98.65 | 126.17 | 153.69 | 181.21 | 208.74 | |
| 10 years | 0.981% | 90.70 | 100.18 | 119.14 | 138.10 | 157.07 | 176.03 | |
| 7 years | 0.646% | 95.59 | 102.42 | 116.06 | 129.71 | 143.35 | 157.00 | |
| 5 years | 0.459% | 97.74 | 102.67 | 112.53 | 122.40 | 132.26 | 142.12 | |
| 1 year | 0.249% | 99.75 | 100.75 | 102.74 | 104.74 | 106.73 | 108.73 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||