Canadian Treasury 3-month bond

CANA

Canada Treasury 3-Month bond rises for a third consecutive day, a three-day rise of 0.01% [Implied Yield 1.18%] 19 January, 2018

NEWS BITES - BONDS

Canada Treasury 3-Month bond, has risen 0.50c (or 0.01%) for a third consecutive day on Friday bringing its three-day rise to 1.20c or 0.01%. The bond last traded at CAD99.71. The bond matures in 3 months; its yield to maturity has (YTM) decreased by 1.0 basis points from 1.19% to 1.18%.

Canada 3-Month1-day1-week1-month3-months1-year
Price Change %0.010.10.030.18
YTM change (%)0.842.1625.5326.2168.18

SECTION 1

1.1 Maturity

IssuerCanada

SECTION 2

CANADA 3-MONTH BULLISH SIGNALS

Technicals:

+ Rises to Falls in the past month: the number of rises outnumbered falls 14:6 or 2.3:1. The bond traded in 20 of the 23 trading days.

SECTION 3

CANADA 3-MONTH BEARISH SIGNALS

Technicals:

+ In the last three months the bond has hit a new 52-week low twice.

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ The Canada 3-Month is at a discount of 0.2% to its 12-month high of CAD99.89 traded on January 23, 2017.

+ It is at a premium of 0.03% to its 12-month low of CAD99.68 traded on January 09.

+ The present value of CAD1,000 (PV1000) invested one year ago in Canada 3-Month is CAD998, for a capital loss of CAD2.

PV$10001-week1-year
canada-3-month.T999998

SECTION 5

PERFORMANCE RANK

+ The 3-Month bond yield is ranked 10 out of 15 countries in the global sovereign bond index.

The table below shows today's 3-Month Bond Yield in %, current inflation rate in % and real rate of interest(%).

RankCountry3-Mo BondInflationReal Rate
1Kenya8.04.053.8
2Mexico7.376.770.562
3Russia7.182.54.566
4South Africa6.554.61.864
5India6.385.211.112
6Pakistan5.954.571.32
7Malaysia3.153.4-0.242
8Poland2.652.10.539
9Philippines2.213.3-1.057
10Canada1.182.1-0.901
11Singapore1.150.60.549
12Norway0.461.6-1.125
13United Kingdom0.43.0-2.525
14Israel0.140.4-0.262
15Hungary0.041.8-1.729

SECTION 6

MACROECONOMIC INDICATORS

IndicatorValueG20 RankGlobal Rank
GDP (USD Billion)1,5301111
GDP growth yoy (%)3.0730
Interest rate (%)1.0723
Inflation rate (%)2.11032
Public debt (USD) (billion)1,7191157
Public debt per person (USD)48,4781760
Total annual debt change (%)4.0724
Debt to GDP (%)92.31653
Budget Deficit to GDP (%)0.9212
CAD to GDP (%)3.31648
Unemployment rate (%)5.71228
Population (million)35.61730

SECTION 7

CREDIT RATING SUMMARY

Canada:

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