Australian Treasury 10-year bond

AUSTR

Australia Treasury 10-Year bond decreases [Implied Yield 2.388%] 23 June, 2017

NEWS BITES - BONDS

Australia Treasury 10-Year bond has decreased 0.60c (or 0.01%) from its last trading session of June 22, 2017 to close at $A120.57, ending a two-day streak of rises. The bond matures in 9 years and 10 months; its yield to maturity has (YTM) decreased by 0.2 basis point from 2.39% to 2.388%.

Australia 10-Year1-day1-week1-month3-months1-year
Price Change %0.010.30.42.632.68
YTM change (%)0.081.493.3613.384.74

SECTION 1

1.1 Maturity

IssuerAustralia
Maturity DateApril 21, 2027

SECTION 2

AUSTRALIA 10-YEAR BULLISH SIGNALS

2.1 Technicals:

+ The price increased 0.3% in the last week and 0.4% in the last month.

+ The present value of AUD1,000 (PV1000) invested three years ago in Australia Treasury 10-Year is $A1,305, for a capital gain of $A305.

+ 3 years Multiplier in AUD = 1.305x

+ Compound Annual Growth Rate (CAGR) in AUD = 9.2%

Present Value of USD1,000 invested 3 years ago:

+ The present value of USD1,000 (PV1000) invested three years ago in Australia Treasury 10-Year is $US1,053, for a capital gain of $US53.

+ 3 years ago AUD 1 equalled USD 0.9388

+ 3 years Multiplier in USD = 1.053x

+ Compound Annual Growth Rate (CAGR) in USD = 1.7%

Jun 23, 2017: AUD 1 equals USD 0.7575

2.2 High Performance Indicator:

DescriptionValueRank In Market
Price/MAP501.01In Top Quartile

SECTION 3

PRICE VOLUME DYNAMICS

Technicals:

+ The Australia 10-Year is at a discount of 5.6% to its 12-month high of $A127.69 traded on August 31, 2016.

+ It is at a premium of 4.7% to its 12-month low of $A115.21 traded on March 10.

+ The present value of $A1,000 (PV1000) invested one year ago in Australia 10-Year is $A1,027, for a capital gain of $A27.

PV$10001-week1-month1-year
australia-10-year.AU1,0031,0041,027

SECTION 4

PERFORMANCE RANK

+ The 10-Year bond yield is ranked 20 out of 42 countries in the global sovereign bond index.

The table below shows today's 10-Year Bond Yield in %, current inflation rate in % and real rate of interest(%).

RankCountry10-Yr BondInflationReal Rate
1Kenya13.544.059.121
2Brazil10.844.086.495
3South Africa8.526.12.281
4Pakistan8.054.783.121
5Russia7.694.13.449
6Indonesia6.814.172.535
7Mexico6.675.820.803
8India6.462.993.369
9Colombia6.384.661.643
10Vietnam5.656.69-0.973
11Philippines4.63.41.163
12Chile4.052.71.315
13Malaysia3.95.1-1.143
14China3.571.22.342
15Qatar3.53.50.003
16Poland3.252.01.222
17Hungary3.021.81.198
18Portugal2.942.00.919
19Thailand2.410.382.022
20Australia2.392.10.282
21United States2.142.2-0.055
22South Korea2.131.90.225
23Israel2.020.71.31
24Singapore1.990.71.281
25Italy1.911.90.013
26Bulgaria1.792.0-0.205
27Norway1.512.2-0.677
28Canada1.481.6-0.122
29Spain1.392.6-1.184
30Taiwan1.060.120.939
31United Kingdom1.032.3-1.237
32Czech Republic0.90.20.695
33Ireland0.70.9-0.199
34France0.61.2-0.59
35Belgium0.62.28-1.641
36Austria0.512.0-1.459
37Denmark0.491.1-0.605
38Netherlands0.461.6-1.122
39Sweden0.451.9-1.423
40Finland0.310.8-0.486
41Germany0.262.0-1.708
42Japan0.050.2-0.147

SECTION 5

MACROECONOMIC INDICATORS

IndicatorValueG20 RankGlobal Rank
GDP (USD Billion)1,3401313
GDP growth yoy (%)2.4732
Interest rate (%)1.51029
Inflation rate (%)2.11032
Public debt (USD) (billion)400.9750
Public debt per person (USD)16,8191240
Total annual debt change (%)0.539
Debt to GDP (%)41.1624
Budget Deficit to GDP (%)2.4526
CAD to GDP (%)2.71444
Unemployment rate (%)5.881227
Population (million)23.91935

SECTION 6

CREDIT RATING SUMMARY

Australia:

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAaa
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAAAHighest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGAA+"AA" ratings denote expectations of very low default risk. It indicates that the issuer has a very strong capacity for payment of financial commitments. Although due to its relatively higher long-term risk, this capacity is not significantly vulnerable to any foreseeable event. The plus (+) sign shows relative standing within the major rating category.

Source: www.BuySellSignals.com