United Kingdom Treasury 6-month bond

UK

United Kingdom Treasury 6-Month bond increases [Implied Yield 0.72%] 17 August, 2018

NEWS BITES - BONDS

United Kingdom Treasury 6-Month bond has increased 0.60 GBX (or 0.01%) from its last trading session of August 16, 2018 to close at GBP99.65. It rose for a second day on Friday bringing its two-day rise to 1.0 GBX or 0.01%. The bond matures in 5 months; its yield to maturity has (YTM) decreased by 0.9 basis point from 0.73% to 0.72%.

UK 6-Month1-day1-week1-month3-months1-year
Price Change %0.010.010.010.080.25
YTM change (%)1.231.985.8831.87260.0

SECTION 1

1.1 Maturity

IssuerUnited Kingdom
Maturity DateJanuary 28, 2019

SECTION 2

UK 6-MONTH BEARISH SIGNALS

Technicals:

+ The price decreased 0.01% in the last week and 0.01% in the last month.

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

SECTION 3

PRICE VOLUME DYNAMICS

Technicals:

+ The UK 6-Month is at a discount of 0.3% to its 12-month high of GBP99.91 traded on August 28, 2017.

+ It is at a premium of 0.01% to its 12-month low of GBP99.64 traded on August 15.

+ The present value of GBP1,000 (PV1000) invested one year ago in UK 6-Month is GBP997, for a capital loss of GBP3.

PV10001-week1-month1-year
uk-6-month.L1,0001,000997

SECTION 4

PERFORMANCE RANK

+ The 6-Month bond yield is ranked 9 out of 12 countries in the global sovereign bond index.

The table below shows today's 6-Month Bond Yield in %, current inflation rate in % and real rate of interest(%).

RankCountry6-Mo BondInflationReal Rate
1Kenya9.014.054.762
2Mexico8.114.813.149
3Pakistan7.95.831.956
4Russia7.332.54.712
5India7.024.172.736
6Indonesia5.733.182.473
7Philippines4.095.7-1.524
8Canada1.672.5-0.815
9United Kingdom0.722.5-1.737
10Norway0.73.0-2.231
11Hungary0.381.8-1.395
12Italy0.241.5-1.241

SECTION 5

MACROECONOMIC INDICATORS

IndicatorValue
GDP (USD Billion)2,622
GDP growth yoy (%)1.3
Interest rate (%)0.75
Inflation rate (%)2.5
Public debt (USD) (billion)2,795.7
Public debt per person (USD)43,696
Total annual debt change (%)8.0
Debt to GDP (%)85.3
Budget Deficit to GDP (%)2.3
CAD to GDP (%)4.1
Unemployment rate (%)4.0
Population (million)64.1

SECTION 6

CREDIT RATING SUMMARY

United Kingdom:

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAA1
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAA+Very high credit quality: 'AA' ratings denote expectations of very low default risk. The plus (+) sign shows relative standing within the major rating category.
DAGONGA+High Credit Quality: "A" ratings denote expectations of relatively low default risk. The capacity for payment of financial commitments is considered sufficient. However, this capacity may be more vulnerable than those of the higher ratings to adverse business or economic conditions due to any foreseeable event. The plus (+) sign shows relative standing within the major rating category.

Source: www.BuySellSignals.com