Last Update: 22 Feb 2019 1:15 GMT+0
The New Zealand 10Y Government Bond has a 2.235% yield.
10 Years vs 2 Years bond spread is 49.5 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 17.80 and implied probability of default is 0.30%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 1 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | 1.5 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 49.5 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 | 1.75% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 17.80 | -9.64 % | -22.27 % | +13.38 % | 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 | 1.880% | +3.0 bp | +7.0 bp | ||||||
| 2 months | 1.900% | +2.0 bp | +2.0 bp | ||||||
| 3 months | 1.920% | +1.0 bp | -2.0 bp | ||||||
| 4 months | 1.920% | 0.0 bp | -3.0 bp | ||||||
| 5 months | 1.930% | +1.0 bp | -3.0 bp | ||||||
| 6 months | 1.930% | +1.0 bp | -4.0 bp | ||||||
| 1 year | 1.730% | +1.5 bp | -3.5 bp | 98.30 | -0.01 % | +0.03 % | |||
| 2 years | 1.740% | +2.0 bp | +2.0 bp | 96.61 | -0.04 % | -0.04 % | |||
| 5 years | 1.755% | -5.5 bp | -24.0 bp | 91.67 | +0.27 % | +1.18 % | |||
| 7 years | 1.903% | -8.2 bp | -36.7 bp | 87.64 | +0.56 % | +2.55 % | |||
| 10 years | 2.235% | -11.3 bp | -38.0 bp | 80.17 | +1.11 % | +3.78 % | |||
| 15 years | 2.395% | -11.5 bp | -39.0 bp | 70.12 | +1.70 % | +5.87 % | |||
| 20 years | 2.580% | -10.0 bp | -34.5 bp | 60.08 | +1.97 % | +6.94 % | |||
10Y Bond Yield Spread - New Zealand vs Main Countries
The New Zealand 10Y Government Bond has a 2.235% 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 | 227.2 bp | -7.2 | -24.9 | ||
| Germany 10Y | 211.1 bp | -0.9 | -16.4 | ||
| France 10Y | 169.0 bp | -1.9 | -23.7 | ||
| United Kingdom 10Y | 103.3 bp | +0.5 | -31.5 | ||
| Spain 10Y | 101.2 bp | +2.2 | -20.1 | ||
| Canada 10Y | 31.1 bp | -6.8 | -4.7 | ||
| Australia 10Y | 13.3 bp | +6.6 | +5.8 | ||
| United States 10Y | -45.3 bp | -5.5 | -24.9 | ||
| Italy 10Y | -62.2 bp | -19.0 | -17.4 | ||
| China 10Y | -92.7 bp | -14.5 | +10.4 | ||
| India 10Y | -530.9 bp | -12.4 | -9.7 | ||
| Russia 10Y | -620.5 bp | -27.3 | -20.0 | ||
| Brazil 10Y | -676.5 bp | -5.3 | +278.0 |
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 | 2.580% | 60.08 | 75.55 | 106.50 | 137.44 | 168.39 | 199.33 | |
| 15 years | 2.395% | 70.12 | 82.59 | 107.55 | 132.50 | 157.46 | 182.41 | |
| 10 years | 2.235% | 80.17 | 89.04 | 106.79 | 124.53 | 142.28 | 160.03 | |
| 7 years | 1.903% | 87.64 | 94.13 | 107.13 | 120.12 | 133.11 | 146.10 | |
| 5 years | 1.755% | 91.67 | 96.42 | 105.91 | 115.40 | 124.90 | 134.39 | |
| 2 years | 1.740% | 96.61 | 98.56 | 102.46 | 106.35 | 110.25 | 114.15 | |
| 1 year | 1.730% | 98.30 | 99.28 | 101.25 | 103.21 | 105.18 | 107.15 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||