Last Update: 23 Aug 2019 4:15 GMT+0
The New Zealand 10Y Government Bond has a 1.155% yield.
10 Years vs 2 Years bond spread is 32.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities
Central Bank Rate is 1.00%.
The New Zealand rating is AA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 21.00 and implied probability of default is 0.35%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -7 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 7.5 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 32.5 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 | 21.00 | -9.87 % | -1.41 % | +17.98 % | 0.35 % |
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 | 1.190% | -35.0 bp | -69.0 bp | ||||||
| 2 months | 1.200% | -33.0 bp | -70.0 bp | ||||||
| 3 months | 1.220% | -29.0 bp | -70.0 bp | ||||||
| 4 months | 1.200% | -30.0 bp | -73.0 bp | ||||||
| 5 months | 1.180% | -31.0 bp | -75.0 bp | ||||||
| 6 months | 1.160% | -31.0 bp | -77.0 bp | ||||||
| 1 year | 0.900% | -32.5 bp | -83.0 bp | 99.11 | +0.32 % | +0.82 % | |||
| 2 years | 0.830% | -30.5 bp | -88.5 bp | 98.36 | +0.60 % | +1.76 % | |||
| 5 years | 0.905% | -34.5 bp | -82.0 bp | 95.60 | +1.72 % | +4.14 % | |||
| 7 years | 1.020% | -40.0 bp | -85.3 bp | 93.14 | +2.80 % | +6.06 % | |||
| 10 years | 1.155% | -42.8 bp | -105.3 bp | 89.15 | +4.31 % | +10.91 % | |||
| 15 years | 1.330% | -46.8 bp | -104.8 bp | 82.02 | +7.16 % | +16.69 % | |||
| 20 years | 1.488% | -48.2 bp | -107.5 bp | 74.42 | +9.94 % | +23.46 % | |||
10Y Bond Yield Spread - New Zealand vs Main Countries
The New Zealand 10Y Government Bond has a 1.155% 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 | 179.6 bp | -13.5 | -32.3 | ||
| France 10Y | 151.2 bp | -15.9 | -17.8 | ||
| Japan 10Y | 139.3 bp | -33.6 | -85.5 | ||
| Spain 10Y | 99.3 bp | -18.2 | -3.1 | ||
| United Kingdom 10Y | 63.6 bp | -25.9 | -41.2 | ||
| Australia 10Y | 17.7 bp | -8.6 | +5.0 | ||
| Canada 10Y | -13.5 bp | -22.7 | -45.2 | ||
| Italy 10Y | -15.0 bp | -13.0 | +51.7 | ||
| United States 10Y | -48.2 bp | +0.7 | -3.6 | ||
| China 10Y | -191.7 bp | -33.8 | -97.7 | ||
| India 10Y | -541.5 bp | -53.4 | -1.8 | ||
| Russia 10Y | -604.5 bp | -34.8 | +17.7 | ||
| Brazil 10Y | -606.0 bp | -41.3 | +66.2 |
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 | 1.488% | 74.42 | 91.61 | 125.99 | 160.37 | 194.75 | 229.12 | |
| 15 years | 1.330% | 82.02 | 95.54 | 122.57 | 149.61 | 176.64 | 203.68 | |
| 10 years | 1.155% | 89.15 | 98.54 | 117.33 | 136.12 | 154.90 | 173.69 | |
| 7 years | 1.020% | 93.14 | 99.87 | 113.31 | 126.76 | 140.20 | 153.65 | |
| 5 years | 0.905% | 95.60 | 100.46 | 110.20 | 119.93 | 129.66 | 139.40 | |
| 2 years | 0.830% | 98.36 | 100.34 | 104.29 | 108.24 | 112.19 | 116.14 | |
| 1 year | 0.900% | 99.11 | 100.10 | 102.08 | 104.06 | 106.05 | 108.03 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||