Bond Market Data
Credit Spread - Major USD Issues vs. US Treasuries
Data vary across markets. For details download spreadsheet.
| Credit Spread - Major USD Issues vs US Treasuries | ||||||||
|---|---|---|---|---|---|---|---|---|
| Issue Name | Market | S&P Rating | Coupon | Maturity | Latest | Previous | 1 week ago | 1 month ago |
| China | CN | A- | 6.800 | 2011-05-23 | 39.00 | 32.00 | 30.00 | 24.00 |
| DBS Bank | SG | A | 7.125 | 2011-05-15 | 12.00 | 12.00 | 6.00 | 2.00 |
| Hutchison | HK | A- | 6.250 | 2014-01-24 | 117.00 | 120.00 | 134.00 | 141.00 |
| Indonesia | ID | BB- | 6.875 | 2017-03-09 | 220.00 | 229.00 | 244.00 | 195.00 |
| Korea | KR | A | 4.880 | 2014-09-22 | 30.00 | 31.00 | 36.00 | 8.00 |
| Korea Dev Bank | KR | A | 5.500 | 2012-11-13 | 95.00 | 96.00 | 101.00 | 99.00 |
| Malaysia | MY | A- | 7.500 | 2011-07-15 | -46.00 | -38.00 | -48.00 | -80.00 |
| PCCW-HKT | HK | BBB | 5.250 | 2015-07-20 | 267.00 | 269.00 | 270.00 | 265.00 |
| Penerbangan | MY | A- | 5.625 | 2016-03-15 | 88.00 | 89.00 | 102.00 | 103.00 |
| Petronas | MY | A- | 7.880 | 2022-05-22 | 56.00 | 56.00 | 54.00 | 50.00 |
| Philippines | PH | BB- | 8.750 | 2016-10-07 | 161.00 | 164.00 | 156.00 | 169.00 |
| Woori Bank | KR | BBB+ | 6.125 | 2016-05-03 | 291.00 | 297.00 | 285.00 | 292.00 |
Credit Spread - Major USD Issues vs. US Treasuries
Credit spread = Bid yield of USD major issue – equivalent US Treasury benchmark yield
Credit spread measures the difference between a USD-denominated bond’s yield and an equivalent US Treasury benchmark bond. For Asia Bond Indicators, the credit spreads of major USD-denominated issues by ASEAN+3 issuers are compared with the interpolated yields of the US Treasury of equivalent tenor. Spreads are given in basis points, where 1% yield equals 100 basis points.
Credit spreads represent the pricing adjustment for the credit risk associated with these securities over risk-free US Treasury securities.
Credit spread measures the difference between a USD-denominated bond’s yield and an equivalent US Treasury benchmark bond. For Asia Bond Indicators, the credit spreads of major USD-denominated issues by ASEAN+3 issuers are compared with the interpolated yields of the US Treasury of equivalent tenor. Spreads are given in basis points, where 1% yield equals 100 basis points.
Credit spreads represent the pricing adjustment for the credit risk associated with these securities over risk-free US Treasury securities.
Note on the Data:
1. Spread data are obtained from REUTERS’ Report on Emerging Market Debt. These are bid yield spreads of USD benchmark bonds (government and major corporate issues) above comparable US Treasuries. Credit ratings, coupons, and maturities of the benchmark bonds are also from REUTERS.