Canadian Treasury 3-month bond
Canada Treasury 3-Month bond increases [Implied Yield 0.725%] 17 August, 2017
NEWS BITES - BONDS
Canada Treasury 3-Month bond has increased 0.30c (or 0.003%) from its last trading session of August 16, 2017 to close at CAD99.82. The yield to maturity is 0.725%.
|Price Change %||0.01||0.003||0.04||0.06|
|YTM change (%)||2.11||3.57||45.0||47.96|
CANADA 3-MONTH BULLISH SIGNALS
+ The price increased 0.01% in the last week and 0.003% in the last month.
+ Rises to Falls in the past month: the number of rises outnumbered falls 17:3 or 5.7:1. The bond traded in 20 of the 23 trading days.
2.2 High Performance Indicator:
|Description||Value||Rank In Market|
|Volatility %||0.01||In Top 3%|
CANADA 3-MONTH BEARISH SIGNALS
+ In the last three months the bond has hit a new 52-week low five times, pointing to a downtrend.
PRICE VOLUME DYNAMICS
+ The Canada 3-Month is at a discount of 0.1% to its 12-month high of CAD99.89 traded on January 23.
+ It is at a premium of 0.03% to its 12-month low of CAD99.79 traded on July 11.
+ The present value of CAD1,000 (PV1000) invested one year ago in Canada 3-Month is CAD999, for a capital loss of 58c.
+ The 3-Month bond yield is ranked 11 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(%).
|Rank||Country||3-Mo Bond||Inflation||Real Rate|
|Indicator||Value||G20 Rank||Global Rank|
|GDP (USD Billion)||1,553||11||11|
|GDP growth yoy (%)||1.9||10||39|
|Interest rate (%)||0.5||7||21|
|Inflation rate (%)||1.6||5||18|
|Public debt (USD) (billion)||1,719||11||57|
|Public debt per person (USD)||48,478||17||60|
|Total annual debt change (%)||4.0||7||24|
|Debt to GDP (%)||91.5||16||54|
|Budget Surplus to GDP (%)||0.1||2||8|
|CAD to GDP (%)||3.3||16||47|
|Unemployment rate (%)||6.5||13||31|
CREDIT RATING SUMMARY
|Rating Agency||Long Term||Foreign Currency||Description|
|S&P||AAA||Extremely strong capacity to meet financial commitments. Highest Rating.|
|FITCH||AAA||Highest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.|
|DAGONG||AA+||"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.|