Hong Kong Treasury 1-year bond

HongKong

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-Year1-day1-week1-month3-months1-year
Price Change %0.010.30.30.540.85
YTM change (%)20.4931.2551.55149.15

SECTION 1

1.1 Maturity

IssuerHongKong
Maturity DateMarch 20, 2019

SECTION 2

HONG KONG 1-YEAR BULLISH SIGNALS

2.1 Technicals:

Oversold/Bullish/Support 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:

DescriptionValueRank In Market
Price/MAP501.0In Top Quartile

SECTION 3

HONG KONG 1-YEAR BEARISH SIGNALS

Technicals:

+ 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.

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ 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.

PV$10001-week1-month1-year
hong-kong-1-year.HK997997992

SECTION 5

MACROECONOMIC INDICATORS

IndicatorValue

Source: www.BuySellSignals.com