China 1-Year Government Bonds Yield
China 1-Year Government Bonds Yield stood at 1.22% on Sep 2, 2026, according to China Central Depository & Clearing (ChinaBond). It is one of the indicators in the Bond yields table (Value · Daily), with a complete series running from Mar 1, 2006 to Sep 2, 2026. The complete series with an interactive chart, free to download.
This indicator in the Bond yields table
| Indicator | 02-09-2026 | 01-09-2026 | 31-08-2026 | 28-08-2026 | 27-08-2026 | 26-08-2026 | 25-08-2026 | 24-08-2026 | 21-08-2026 | 20-08-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Government bonds — 1-year maturity | 1.22 | 1.23 | 1.22 | 1.21 | 1.22 | 1.21 | 1.2 | 1.2 | 1.2 | 1.2 | |
| Government bonds — 3-year maturity | 1.25 | 1.25 | 1.26 | 1.26 | 1.27 | 1.26 | 1.25 | 1.25 | 1.25 | 1.25 | |
| Government bonds — 5-year maturity | 1.4 | 1.4 | 1.41 | 1.41 | 1.41 | 1.4 | 1.39 | 1.39 | 1.39 | 1.39 |
Understanding china 1-Year Government Bonds Yield
This indicator reflects the secondary market yield on short-term local-currency public debt. This figure is calculated based on actual transaction prices of marketable securities issued by the budget management authority, excluding long-term borrowings or other short-term Treasury bills to isolate the short maturity. The biggest difference from longer maturities lies in its high sensitivity to short-term monetary policy maneuvers and system liquidity.
When tracking the chart, viewers need to convert and correlate with other maturities to detect inversions or upward slopes of the yield curve. Data is updated continuously by trading day and may be retroactively adjusted if errors are detected during market matching. Avoid directly comparing the absolute level of short-term yields with long maturities, as they reflect inflation risk expectations across completely different time horizons.
Frequently asked questions
- Why does this maturity yield fluctuate more than longer tenors?
- Due to direct reactions to policy interest rate adjustments and short-term liquidity supply and demand.
- When does an inverted yield curve appear on the chart?
- When this short-term yield rises above medium and long-term tenors.
- At what time of day is this data updated?
- Data is updated after the government bonds market closes its daily trading session.