Canadian Treasury 3-month bond

CANA

Canada Treasury 3-Month bond decreases [Implied Yield 0.965%] 17 October, 2017

NEWS BITES - BONDS

Canada Treasury 3-Month bond has decreased 3.20c (or 0.03%) from its last trading session of October 16, 2017 to close at CAD99.73. The yield to maturity is 0.965%.

Canada 3-Month1-day1-week1-month3-months1-year
Price Change %0.030.030.030.090.15
YTM change (%)0.523.0237.8691.09

SECTION 1

1.1 Maturity

IssuerCanada

SECTION 2

CANADA 3-MONTH BEARISH SIGNALS

2.1 Technicals:

+ The price decreased 0.03% in the last week and 0.03% in the last month.

+ In the last three months the bond has hit a new 52-week low four times, pointing to a downtrend.

2.2 Low Performance Indicator:

DescriptionValueRank In Market
Price Change %-0.03In Bottom Quartile

SECTION 3

CANADA 3-MONTH BULLISH SIGNALS

3.1 Technicals:

Oversold/Bullish/Support Signals:

+ The bond is oversold according to the Williams % R indicator of -80.8, suggesting the price is close to its 14-day low of CAD99.72.

3.2 High Performance Indicator:

DescriptionValueRank In Market
Volatility %0.02In Top Quartile

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.

+ It is at a premium of 0.01% to its 12-month low of CAD99.72 traded on September 19.

+ The present value of CAD1,000 (PV1000) invested one year ago in Canada 3-Month is CAD999, for a capital loss of CAD1.

PV$10001-week1-month1-year
canada-3-month.T1,0001,000999

SECTION 5

PERFORMANCE RANK

+ 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(%).

RankCountry3-Mo BondInflationReal Rate
1Russia8.114.13.852
2Kenya8.14.053.889
3Mexico7.125.821.229
4India6.12.993.02
6Pakistan5.994.781.155
7Malaysia3.155.1-1.855
8Poland2.652.00.637
9Philippines2.053.4-1.306
10Singapore1.150.70.447
11Canada0.961.6-0.625
12Norway0.472.2-1.691
13United Kingdom0.292.3-1.967
14Israel0.140.7-0.554
15Hungary0.041.8-1.729

SECTION 6

MACROECONOMIC INDICATORS

IndicatorValueG20 RankGlobal Rank
GDP (USD Billion)1,5531111
GDP growth yoy (%)1.91039
Interest rate (%)0.5721
Inflation rate (%)1.6518
Public debt (USD) (billion)1,7191157
Public debt per person (USD)48,4781760
Total annual debt change (%)4.0724
Debt to GDP (%)91.51654
Budget Surplus to GDP (%)0.128
CAD to GDP (%)3.31647
Unemployment rate (%)6.51331
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