COUNTRY •
TAIWAN
Last Update: 28 Jun 2022 2:15 GMT+0
The Taiwan 10Y Government Bond has a 1.257% yield.
10 Years vs 2 Years bond spread is 35.7 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 1.50% (last modification in June 2022).
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 | 0.900% | +4.0 bp | +49.5 bp | 98.22 | -0.08 % | -0.98 % | 28 Jun | ||
5 years | 1.100% | +19.0 bp | +60.5 bp | 94.68 | -0.93 % | -2.95 % | 28 Jun | ||
10 years | 1.257% | +12.7 bp | +60.2 bp | 88.26 | -1.24 % | -5.79 % | 28 Jun | ||
20 years | 1.708% | +21.8 bp | +90.3 bp | 71.27 | -4.19 % | -16.33 % | 28 Jun | ||
30 years | 1.950% | +16.0 bp | +84.5 bp | 56.03 | -4.60 % | -22.09 % | 28 Jun |
Last Update: 28 Jun 2022 2:15 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).
If data are not all visible, swipe table left
Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (1.50%) |
|||
---|---|---|---|---|---|---|
2 years | 5 years | 10 years | ||||
30 years | 1.950% | 45.0 bp | ||||
10 years | 1.257% | -24.3 bp | ||||
5 years | 1.100% | -40.0 bp | ||||
2 years | 0.900% | -60.0 bp |
Focusing on 2 years Government Bond:
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5Y vs 2Y | 20 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | 35.7 bp | Normal Convexity 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
|
positive |
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 | 1.50% |
Taiwan 10Y Bond Yield Spread
The Taiwan 10Y Government Bond has a 1.257% 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 | 102.7 bp | +12.0 bp | +43.1 bp | Compare | |
Germany 10Y | -28.6 bp | -44.0 bp | -117.7 bp | Compare | |
France 10Y | -81.8 bp | -45.4 bp | -134.2 bp | Compare | |
United Kingdom 10Y | -113.0 bp | -33.6 bp | -86.2 bp | Compare | |
Spain 10Y | -143.0 bp | -47.2 bp | -157.5 bp | Compare | |
China 10Y | -158.8 bp | +3.2 bp | +57.7 bp | Compare | |
United States 10Y | -192.6 bp | -31.3 bp | -109.7 bp | Compare | |
Canada 10Y | -212.4 bp | -46.4 bp | -130.3 bp | Compare | |
Italy 10Y | -236.2 bp | -59.6 bp | -192.2 bp | Compare | |
Australia 10Y | -251.9 bp | -40.0 bp | -158.7 bp | Compare | |
India 10Y | -615.0 bp | +7.0 bp | -32.7 bp | Compare | |
Russia 10Y | -740.3 bp | +97.7 bp | +35.7 bp | Compare | |
Brazil 10Y | -1152.5 bp | -22.2 bp | -147.3 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 | 1.950% | 56.03 | 78.58 | 123.68 | 168.78 | 213.88 | 258.99 | ||
20 years | 1.708% | 71.27 | 88.09 | 121.73 | 155.38 | 189.02 | 222.66 | ||
10 years | 1.257% | 88.26 | 97.60 | 116.28 | 134.97 | 153.65 | 172.34 | ||
5 years | 1.100% | 94.68 | 99.52 | 109.19 | 118.87 | 128.55 | 138.23 | ||
2 years | 0.900% | 98.22 | 100.20 | 104.14 | 108.09 | 112.04 | 115.98 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |