COUNTRY •
TAIWAN
Last Update: 26 Sep 2023 14:15 GMT+0
The Taiwan 10Y Government Bond has a 1.245% yield.
10 Years vs 2 Years bond spread is 26 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 1.88% (last modification in March 2023).
The Taiwan credit rating is AA+, according to Standard & Poor's agency.
If data are not all visible, swipe table left
Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
2 years | 0.985% | +4.0 bp | -6.0 bp | 98.06 | -0.08 % | +0.12 % | 26 Sep | ||
5 years | 1.130% | +3.6 bp | +7.5 bp | 94.54 | -0.18 % | -0.37 % | 26 Sep | ||
10 years | 1.245% | +6.9 bp | +7.1 bp | 88.36 | -0.69 % | -0.70 % | 26 Sep | ||
20 years | 1.405% | +3.0 bp | -1.0 bp | 75.65 | -0.59 % | +0.20 % | 26 Sep | ||
30 years | 1.525% | -3.0 bp | +2.0 bp | 63.51 | +0.91 % | -0.58 % | 26 Sep |
Last Update: 26 Sep 2023 14:15 GMT+0
Taiwan Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
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Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (1.88%) |
|||
---|---|---|---|---|---|---|
2 years | 5 years | 10 years | ||||
30 years | 1.525% | -35.5 bp | ||||
10 years | 1.245% | -63.5 bp | ||||
5 years | 1.130% | -75.0 bp | ||||
2 years | 0.985% | -89.5 bp |
Focusing on 2 years Government Bond:
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5Y vs 2Y | 14.5 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | 26 bp | Yield Curve is flat in Long-Term vs Short-Term Maturities |
Readings that may interest you
Taiwan Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
Taiwan Credit Ratings History
Rating Agency | Rating | Outlook |
---|---|---|
Standard & Poor's |
AA+
|
- |
Moody's Investors Service |
Aa3
|
- |
Fitch Ratings |
AA
|
- |
DBRS |
-
|
- |
Taiwan Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
Interest Rates | Value | |
---|---|---|
Central Bank Rate | 1.88% |
Taiwan 10Y Bond Yield Spread
The Taiwan 10Y Government Bond has a 1.245% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, means that the 10Y Bond Yield is higher than the corresponding foreign bond. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
If data are not all visible, swipe table left
Taiwan 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 51.6 bp | -0.9 bp | -39.9 bp | Compare | |
China 10Y | -148.5 bp | -7.9 bp | +23.3 bp | Compare | |
Germany 10Y | -153.4 bp | -15.4 bp | -58.5 bp | Compare | |
France 10Y | -209.0 bp | -17.7 bp | -59.5 bp | Compare | |
Spain 10Y | -262.4 bp | -22.1 bp | -58.0 bp | Compare | |
Canada 10Y | -279.2 bp | -23.1 bp | -120.0 bp | Compare | |
United Kingdom 10Y | -309.0 bp | +16.9 bp | -95.2 bp | Compare | |
Australia 10Y | -314.8 bp | -18.8 bp | -112.6 bp | Compare | |
United States 10Y | -327.5 bp | -22.0 bp | -107.7 bp | Compare | |
Italy 10Y | -344.9 bp | -39.3 bp | -62.0 bp | Compare | |
India 10Y | -590.1 bp | +12.9 bp | +24.3 bp | Compare | |
Brazil 10Y | -1034.2 bp | -40.6 bp | +147.0 bp | Compare | |
Russia 10Y | -1146.5 bp | -70.1 bp | -147.9 bp | Compare |
Taiwan Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
Click on
for a forecast of the yield.
If data are not all visible, swipe table left
Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
---|---|---|---|---|---|---|---|---|---|
0% | 1% | 3% | 5% | 7% | 9% | ||||
30 years | 1.525% | 63.51 | 87.44 | 135.30 | 183.16 | 231.02 | 278.88 | ||
20 years | 1.405% | 75.65 | 92.98 | 127.64 | 162.30 | 196.96 | 231.63 | ||
10 years | 1.245% | 88.36 | 97.71 | 116.41 | 135.10 | 153.80 | 172.49 | ||
5 years | 1.130% | 94.54 | 99.37 | 109.04 | 118.71 | 128.38 | 138.05 | ||
2 years | 0.985% | 98.06 | 100.03 | 103.97 | 107.91 | 111.85 | 115.80 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |