COUNTRY •
AUSTRALIA
Last Update: 6 Oct 2022 11:15 GMT+0
The Australia 10Y Government Bond has a 3.825% yield.
10 Years vs 2 Years bond spread is 53.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.60% (last modification in October 2022).
The Australia credit rating is AAA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 29.35 and implied probability of default is 0.49%.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | ZC Price | Last Change |
||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 1 year | 2.960% | +7.7 bp | +162.7 bp | 97.13 | -0.07 % | -1.57 % | 06 Oct | ||
| 2 years | 3.290% | +10.2 bp | +117.4 bp | 93.73 | -0.20 % | -2.26 % | 06 Oct | ||
| 3 years | 3.422% | +7.1 bp | +87.7 bp | 90.40 | -0.20 % | -2.52 % | 06 Oct | ||
| 4 years | 3.487% | +10.0 bp | +78.4 bp | 87.19 | -0.39 % | -2.99 % | 06 Oct | ||
| 5 years | 3.565% | +11.3 bp | +78.6 bp | 83.93 | -0.55 % | -3.74 % | 06 Oct | ||
| 6 years | 3.635% | +10.7 bp | +78.1 bp | 80.72 | -0.62 % | -4.43 % | 06 Oct | ||
| 7 years | 3.707% | +9.5 bp | +82.8 bp | 77.51 | -0.64 % | -5.45 % | 06 Oct | ||
| 8 years | 3.782% | +9.5 bp | +87.6 bp | 74.31 | -0.72 % | -6.55 % | 06 Oct | ||
| 9 years | 3.811% | +9.3 bp | +89.2 bp | 71.42 | -0.81 % | -7.48 % | 06 Oct | ||
| 10 years | 3.825% | +8.2 bp | +88.7 bp | 68.70 | -0.79 % | -8.23 % | 06 Oct | ||
| 12 years | 3.872% | +9.1 bp | +92.0 bp | 63.39 | -1.05 % | -10.12 % | 06 Oct | ||
| 15 years | 4.042% | +10.7 bp | +93.6 bp | 55.19 | -1.53 % | -12.67 % | 06 Oct | ||
| 20 years | 4.139% | +8.9 bp | +92.6 bp | 44.44 | -1.68 % | -16.36 % | 06 Oct | ||
| 30 years | 4.091% | +9.8 bp | +81.8 bp | 30.03 | -2.78 % | -21.08 % | 06 Oct | ||
Last Update: 6 Oct 2022 11:15 GMT+0
Australia Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (2.60%) |
||||
|---|---|---|---|---|---|---|---|
| 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 4.091% | 149.1 bp | |||||
| 10 years | 3.825% | 122.5 bp | |||||
| 5 years | 3.565% | 96.5 bp | |||||
| 2 years | 3.290% | 69.0 bp | |||||
| 1 year | 2.960% | 36.0 bp | |||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | 33 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 27.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 53.5 bp | Normal Convexity in Long-Term vs Short-Term Maturities |
Readings that may interest you
Australia Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
Australia Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AAA
|
- |
| Moody's Investors Service |
Aaa
|
- |
| Fitch Ratings |
AAA
|
- |
| DBRS |
AAA
|
- |
Australia Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
| Interest Rates | Value | |
|---|---|---|
| Central Bank Rate | 2.60% |
Australia Credit Default Swaps
The term credit default swap (CDS) refers to a financial derivative that allows an investor to swap or offset their credit risk with that of another investor. To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults.
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| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 29.35 | +16.19 % | +7.71 % | +82.30 % | 0.49 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
Australia 10Y Bond Yield Spread
The Australia 10Y Government Bond has a 3.825% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, means that the 10Y Bond Yield is higher than the corresponding foreign bond. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
If data are not all visible, swipe table left
| Australia 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 358.5 bp | +8.0 bp | +88.4 bp | Compare | |
| Germany 10Y | 177.1 bp | -35.3 bp | -52.0 bp | Compare | |
| France 10Y | 118.4 bp | -35.3 bp | -57.0 bp | Compare | |
| China 10Y | 107.5 bp | -4.1 bp | +93.7 bp | Compare | |
| Spain 10Y | 59.8 bp | -32.9 bp | -66.7 bp | Compare | |
| Canada 10Y | 49.3 bp | -6.1 bp | +8.4 bp | Compare | |
| United States 10Y | 5.0 bp | -35.1 bp | -29.0 bp | Compare | |
| United Kingdom 10Y | -41.8 bp | -109.2 bp | -162.1 bp | Compare | |
| Italy 10Y | -63.2 bp | -41.2 bp | -127.3 bp | Compare | |
| India 10Y | -363.6 bp | -20.0 bp | +34.3 bp | Compare | |
| Russia 10Y | -593.5 bp | -33.8 bp | +289.7 bp | Compare | |
| Brazil 10Y | -793.1 bp | +35.3 bp | +60.1 bp | Compare |
Australia Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
Click on
for a forecast of the yield.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | ||||
| 30 years | 4.091% | 30.03 | 47.14 | 81.34 | 115.55 | 149.75 | 183.96 | ||
| 20 years | 4.139% | 44.44 | 57.86 | 84.71 | 111.56 | 138.41 | 165.26 | ||
| 15 years | 4.042% | 55.19 | 66.28 | 88.45 | 110.62 | 132.79 | 154.96 | ||
| 12 years | 3.872% | 63.39 | 72.84 | 91.76 | 110.67 | 129.58 | 148.49 | ||
| 10 years | 3.825% | 68.70 | 76.89 | 93.25 | 109.61 | 125.98 | 142.34 | ||
| 9 years | 3.811% | 71.42 | 78.92 | 93.92 | 108.92 | 123.92 | 138.92 | ||
| 8 years | 3.782% | 74.31 | 81.10 | 94.69 | 108.27 | 121.86 | 135.45 | ||
| 7 years | 3.707% | 77.51 | 83.58 | 95.71 | 107.85 | 119.98 | 132.12 | ||
| 6 years | 3.635% | 80.72 | 86.02 | 96.63 | 107.24 | 117.85 | 128.46 | ||
| 5 years | 3.565% | 83.93 | 88.44 | 97.45 | 106.47 | 115.48 | 124.49 | ||
| 4 years | 3.487% | 87.19 | 90.86 | 98.21 | 105.56 | 112.91 | 120.26 | ||
| 3 years | 3.422% | 90.40 | 93.20 | 98.82 | 104.43 | 110.04 | 115.65 | ||
| 2 years | 3.290% | 93.73 | 95.64 | 99.45 | 103.26 | 107.07 | 110.88 | ||
| 1 year | 2.960% | 97.13 | 98.10 | 100.04 | 101.98 | 103.92 | 105.87 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||