Categories > Money, Banking, & Finance > Interest Rates > Corporate Bonds
17-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB17YR)
Observation:
Mar 2018: 4.23 (+ more)Updated: Apr 17, 2018
Mar 2018: | 4.23 | |
Feb 2018: | 4.21 | |
Jan 2018: | 3.93 | |
Dec 2017: | 3.86 | |
Nov 2017: | 3.93 | |
View All |
Units:
Percent,Not Seasonally Adjusted
Frequency:
MonthlyThe HQM methodology projects yields beyond 30 years maturity out to 100 years maturity to get discount rates for long-dated pension liabilities.
For more information see https://www.treasury.gov/resource-center/economic-policy/corp-bond-yield/Pages/Corp-Yield-Bond-Curve-Papers.aspx
17-Year High Quality Market (HQM) Corporate Bond Spot Rate
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Source: U.S. Department of the Treasury
Release: Corporate Bond Yield Curve
Units: Percent, Not Seasonally Adjusted
Frequency: Monthly
Notes:
The spot rate for any maturity is defined as the yield on a bond that gives a single payment at that maturity. This is called a zero coupon bond. Because high quality zero coupon bonds are not generally available, the HQM methodology computes the spot rates so as to make them consistent with the yields on other high quality bonds. The HQM yield curve uses data from a set of high quality corporate bonds rated AAA, AA, or A that accurately represent the high quality corporate bond market.
The HQM methodology projects yields beyond 30 years maturity out to 100 years maturity to get discount rates for long-dated pension liabilities.
For more information see https://www.treasury.gov/resource-center/economic-policy/corp-bond-yield/Pages/Corp-Yield-Bond-Curve-Papers.aspx
Suggested Citation:
U.S. Department of the Treasury, 17-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB17YR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HQMCB17YR, April 24, 2018.
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