Canadian Treasury 3-month bond

CANA

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%.

Canada 3-Month1-week1-month3-months1-year
Price Change %0.010.0030.040.06
YTM change (%)2.113.5745.047.96

SECTION 1

1.1 Maturity

IssuerCanada

SECTION 2

CANADA 3-MONTH BULLISH SIGNALS

2.1 Technicals:

+ 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:

DescriptionValueRank In Market
Volatility %0.01In Top 3%

SECTION 3

CANADA 3-MONTH BEARISH SIGNALS

Technicals:

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

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ 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.

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
1Russia8.844.14.553
2Kenya8.24.053.988
3Mexico7.115.821.219
4India6.132.993.049
5Pakistan5.994.781.155
6South Africa5.956.1-0.141
7Malaysia3.155.1-1.855
8Poland2.652.00.637
9Philippines2.173.4-1.19
10Singapore1.150.70.447
11Canada0.721.6-0.861
12Norway0.432.2-1.731
13United Kingdom0.192.3-2.065
14Hungary0.151.8-1.621
15Israel0.140.7-0.559

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