United Kingdom Treasury 6-month bond
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%.
|Price Change %||0.01||0.01||0.01||0.08||0.25|
|YTM change (%)||1.23||1.98||5.88||31.87||260.0|
|Maturity Date||January 28, 2019|
UK 6-MONTH BEARISH SIGNALS
+ 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.
PRICE VOLUME DYNAMICS
+ 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.
+ 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(%).
|Rank||Country||6-Mo Bond||Inflation||Real Rate|
|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|
CREDIT RATING SUMMARY
|Rating Agency||Long Term||Foreign Currency||Description|
|S&P||AAA||Extremely strong capacity to meet financial commitments. Highest Rating.|
|FITCH||AA+||Very high credit quality: 'AA' ratings denote expectations of very low default risk. The plus (+) sign shows relative standing within the major rating category.|
|DAGONG||A+||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.|