November was a challenging month for bonds. Only the bank bill and floating rate note indices were in the black, returning 0.172% and 0.222 respectively for the month. The government bond index fared the worst; -1.1355 for the month as government bond yields soared. The semi-government, corporate bond and composite bond indices all outperformed government bonds but returns for the month were still negative at -0.720%, -0.869 and -0.455% respectively.
Semi government bonds are again the top performing sector on a 12 month rolling return basis at 4.34%, while the corporate bond and composite bond indices were not too far behind, with returns of 4.14% and 3.97% respectively over the same period.
|Security||1m Return (%)||12m Rolling Return (%)|