Bond Market Data
Credit Spread - LCY Corp. Bonds vs Govt. Bonds
Data vary across markets. For details download spreadsheet.

Credit Spread - LCY Corp. Bonds vs Govt. Bonds (Corp AAA)

 
Date 1 year 3 year 5 year
31-Jan-2017 110.3 117.3 99.0
31-Dec-2016 125.8 111.6 110.3
 

Credit Spread - LCY Corp. Bonds vs Govt. Bonds (Corp AA)

 
Date 1 year 3 year 5 year
31-Jan-2017 159.3 167.3 155.0
31-Dec-2016 181.8 175.6 177.3
 

Credit Spread - LCY Corp. Bonds vs Govt. Bonds (Corp A)

 
Date 1 year 3 year 5 year
31-Jan-2017 576.3 673.3 667.0
31-Dec-2016 595.8 673.6 688.3
 

Credit Spread - LCY Corp. Bonds vs Govt. Bonds (Corp BBB+)

 
Date 1 year 3 year 5 year
31-Jan-2017 946.3 1044.3 1036.0
31-Dec-2016 965.8 1044.6 1057.3
 
Credit Spread - LCY Corp. Bonds vs Govt. Bonds

Credit spread LCY = LCY corporate bond yield Ė LCY benchmark government bond yield


Credit spread measures the difference between a local currency (LCY) bondís yield and a LCY benchmark government bondís yield of the same tenor. Spreads are given in basis points, where 1% yield equals 100 basis points.

Credit spreads represent the average pricing adjustment for the difference in risk associated with a corporate bond as against benchmark government bonds. Larger credit spreads compensate bondholders for higher risk. Asia Bond Indicators calculate average credit spreads for corporate bonds based on assigned credit ratings by local rating agencies. As credit spreads vary depending upon time to maturity, we also classify spreads by tenor.