Jump to content
Guest DBtech

FAS87 ASC715 discount rates and Moody's Rates

Recommended Posts

Data as of March 31, 2020 (Tuesday)                    First month-end after beginning of Coved-19 pandemic/isolation
Moody's Daily Long-term Corporate Bond Yield Averages

        Utilities  Industrial  Corporate
Aaa  NA  2.73  2.73
Aa  3.35  2.82  3.09
A  3.69  3.37  3.53
Baa  4.39  4.86  4.63
Avg  3.81  3.45  3.63

Moody's Daily Treasury Yield Averages
Short-Term (3-5 yrs)  0.34
Medium-Term (5-10 yrs)  0.53
Long-Term (10+ yrs)  1.2

Observation:  (1) Comparing the Avg rates to 6 months prior, current rates are 10-40 points higher.  (2) Comparing the Avg rates to 12 months prior, current rates are about 25-30 points lower.  

Share this post


Link to post
Share on other sites

Data as of April 30, 2020 (Thursday)             second month-end after beginning of Coved-19 pandemic/isolation

Moody's Daily Long-term Corporate Bond Yield Averages 
 
    Utilities    Industrial    Corporate
Aaa  NA  2.38  2.38
Aa  2.71  2.43  2.57
A  2.95  2.97  2.96
Baa  3.50  4.24  3.87
Avg  3.05  3.01  3.03
  
Moody's Daily Treasury Yield Averages
Short-Term (3-5 yrs)  0.28
Medium-Term (5-10 yrs)  0.47 
Long-Term (10+ yrs)  1.14
Observation:  (1) Comparing the Avg rates to 6 months prior, current rates are 30-35 points lower.  (2) Comparing the Avg rates to 12 months prior, current rates are about 110 points lower.  

Share this post


Link to post
Share on other sites

Data as of May 29, 2020 (Friday)             third month-end after beginning of Coved-19 pandemic/isolation

Moody's Daily Long-term Corporate Bond Yield Averages 

   Utilities    Industrial    Corporate
Aaa  NA  2.41  2.41
Aa  2.83  2.47  2.65
A  3.11  3.03  3.07
Baa  3.47  4.05  3.76
Avg  3.14  2.99  3.07
  
Moody's Daily Treasury Yield Averages
Short-Term (3-5 yrs)  0.23
Medium-Term (5-10 yrs)  0.46 
Long-Term (10+ yrs)  1.25
 

Observation:  (1) Comparing the Avg rates to 6 months prior, current rates are 150-160 points lower.  (2) Comparing the Avg rates to 12 months prior, current rates are about 110-120 points lower.  

Share this post


Link to post
Share on other sites

Data as of June 30, 2020 (Tuesday)             fourht month-end after beginning of Coved-19 pandemic/isolation

Moody's Daily Long-term Corporate Bond Yield Averages 

   Utilities    Industrial    Corporate
Aaa  NA  2.34  2.34
Aa  2.77  2.42  2.60
A  3.00  2.90  2.95
Baa  3.38  3.80  3.59
Avg  3.05  2.87  3.96
  
Moody's Daily Treasury Yield Averages
Short-Term (3-5 yrs)  0.21
Medium-Term (5-10 yrs)  0.45 
Long-Term (10+ yrs)  1.25
 

Observation:  (1) Comparing the Avg rates to 6 months prior, current rates are about 45 points lower.  (2) Comparing the Avg rates to 12 months prior, current rates are about 75 points lower.  

Share this post


Link to post
Share on other sites

Data as of July 31, 2020 (Friday)             fifth month-end after beginning of Coved-19 pandemic/isolation

Moody's Daily Long-term Corporate Bond Yield Averages 

   Utilities    Industrial    Corporate
Aaa  NA  2.03  2.03
Aa  2.30  2.05  2.18
A  2.56  2.48  2.52
Baa  2.93  3.36  3.15

Avg  2.60  2.48  2.54

  
Moody's Daily Treasury Yield Averages
Short-Term (3-5 yrs)  0.14
Medium-Term (5-10 yrs)  0.35 
Long-Term (10+ yrs)  1.04

Observation:  (1) Comparing the Avg rates to 6 months prior, current rates are about 60 points lower.  (2) Comparing the Avg rates to 12 months prior, current rates are about 110 points lower.  

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...