Hong Kong Treasury 1-year bond
HongKong Treasury 1-Year bond rises for a second consecutive day, a two-day rise of 0.1% [Implied Yield 1.47%] 20 April, 2018
NEWS BITES - BONDS
HongKong Treasury 1-Year bond, has risen 1.20c (or 0.01%) for a second consecutive day on Friday bringing its two-day rise to 7.40c or 0.1%. The bond last traded at HKD98.58. The yield to maturity is 1.47%.
|Hong Kong 1-Year||1-day||1-week||1-month||3-months||1-year|
|Price Change %||0.01||0.3||0.3||0.54||0.85|
|YTM change (%)||20.49||31.25||51.55||149.15|
|Maturity Date||March 20, 2019|
HONG KONG 1-YEAR BULLISH SIGNALS
+ The Relative Strength Index (RSI) of 27.7 has breached the oversold line of 30, suggesting the price decrease of 0.3% in the last 14 days is unusually high.
+ The bond is oversold according to the Williams % R indicator of -82.7, suggesting the price is close to its 14-day low of HKD98.50.
2.2 High Performance Indicator:
|Description||Value||Rank In Market|
|Price/MAP50||1.0||In Top Quartile|
HONG KONG 1-YEAR BEARISH SIGNALS
+ The price decreased 0.3% in the last week and 0.3% in the last month.
+ In the last three months the bond has hit a new 52-week low twice.
PRICE VOLUME DYNAMICS
+ The Hong Kong 1-Year is at a discount of 1.0% to its 12-month high of HKD99.57 traded on September 14, 2017.
+ It is at a premium of 0.1% to its 12-month low of HKD98.50 traded on April 18.
+ The present value of HKD1,000 (PV1000) invested one year ago in Hong Kong 1-Year is HKD992, for a capital loss of HKD8.