COUNTRY •
AUSTRALIA
Last Update: 9 Feb 2023 3:15 GMT+0
The Australia 10Y Government Bond has a 3.667% yield.
10 Years vs 2 Years bond spread is 28.2 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.35% (last modification in February 2023).
The Australia credit rating is AAA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 27.28 and implied probability of default is 0.45%.
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 | 3.514% | +22.6 bp | +68.8 bp | 96.61 | -0.22 % | -0.66 % | 09 Feb | ||
| 2 years | 3.385% | +11.2 bp | +48.7 bp | 93.56 | -0.21 % | -0.94 % | 09 Feb | ||
| 3 years | 3.330% | +2.5 bp | +31.3 bp | 90.64 | -0.08 % | -0.91 % | 09 Feb | ||
| 4 years | 3.383% | +0.4 bp | +34.2 bp | 87.54 | -0.01 % | -1.32 % | 09 Feb | ||
| 5 years | 3.424% | -1.9 bp | +35.7 bp | 84.51 | +0.09 % | -1.71 % | 09 Feb | ||
| 6 years | 3.474% | -2.8 bp | +36.6 bp | 81.47 | +0.16 % | -2.10 % | 09 Feb | ||
| 7 years | 3.533% | -3.7 bp | +38.4 bp | 78.42 | +0.24 % | -2.57 % | 09 Feb | ||
| 8 years | 3.606% | -4.1 bp | +41.8 bp | 75.32 | +0.32 % | -3.19 % | 09 Feb | ||
| 9 years | 3.645% | -3.5 bp | +43.7 bp | 72.45 | +0.30 % | -3.73 % | 09 Feb | ||
| 10 years | 3.667% | -3.4 bp | +44.1 bp | 69.76 | +0.33 % | -4.18 % | 09 Feb | ||
| 12 years | 3.805% | -6.2 bp | +53.6 bp | 63.88 | +0.71 % | -6.03 % | 09 Feb | ||
| 15 years | 3.900% | -4.9 bp | +49.0 bp | 56.33 | +0.70 % | -6.85 % | 09 Feb | ||
| 20 years | 4.043% | -4.9 bp | +48.8 bp | 45.26 | +0.94 % | -8.99 % | 09 Feb | ||
| 30 years | 4.029% | -1.6 bp | +48.1 bp | 30.58 | +0.49 % | -12.98 % | 09 Feb | ||
Last Update: 9 Feb 2023 3:15 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 (3.35%) |
||||
|---|---|---|---|---|---|---|---|
| 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 4.029% | 67.9 bp | |||||
| 10 years | 3.667% | 31.7 bp | |||||
| 5 years | 3.424% | 7.4 bp | |||||
| 2 years | 3.385% | 3.5 bp | |||||
| 1 year | 3.514% | 16.4 bp | |||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -12.9 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 3.9 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 28.2 bp | Yield Curve is flat 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 | 3.35% |
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 | 27.28 | +0.22 % | -22.50 % | +90.64 % | 0.45 % |
(*) 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 3.667% 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 | 317.9 bp | -2.4 bp | +12.1 bp | Compare | |
| Germany 10Y | 132.2 bp | -14.6 bp | -98.4 bp | Compare | |
| France 10Y | 86.1 bp | -10.4 bp | -88.8 bp | Compare | |
| China 10Y | 74.9 bp | -4.7 bp | +27.1 bp | Compare | |
| Canada 10Y | 63.1 bp | +3.5 bp | +11.6 bp | Compare | |
| United Kingdom 10Y | 35.5 bp | +18.6 bp | -88.0 bp | Compare | |
| Spain 10Y | 29.7 bp | -12.4 bp | -86.6 bp | Compare | |
| United States 10Y | 4.7 bp | -12.6 bp | -39.3 bp | Compare | |
| Italy 10Y | -54.2 bp | -5.0 bp | -69.0 bp | Compare | |
| India 10Y | -367.7 bp | -3.6 bp | +44.5 bp | Compare | |
| Russia 10Y | -701.3 bp | -37.4 bp | -118.9 bp | Compare | |
| Brazil 10Y | -963.9 bp | -33.8 bp | -72.6 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 | 4.029% | 30.58 | 47.81 | 82.27 | 116.73 | 151.19 | 185.66 | ||
| 20 years | 4.043% | 45.26 | 58.80 | 85.88 | 112.96 | 140.03 | 167.11 | ||
| 15 years | 3.900% | 56.33 | 67.53 | 89.92 | 112.32 | 134.71 | 157.10 | ||
| 12 years | 3.805% | 63.88 | 73.37 | 92.36 | 111.34 | 130.33 | 149.31 | ||
| 10 years | 3.667% | 69.76 | 78.01 | 94.50 | 110.99 | 127.49 | 143.98 | ||
| 9 years | 3.645% | 72.45 | 80.01 | 95.13 | 110.24 | 125.35 | 140.47 | ||
| 8 years | 3.606% | 75.32 | 82.17 | 95.85 | 109.54 | 123.23 | 136.91 | ||
| 7 years | 3.533% | 78.42 | 84.53 | 96.74 | 108.96 | 121.17 | 133.39 | ||
| 6 years | 3.474% | 81.47 | 86.81 | 97.47 | 108.14 | 118.80 | 129.47 | ||
| 5 years | 3.424% | 84.51 | 89.03 | 98.08 | 107.13 | 116.18 | 125.23 | ||
| 4 years | 3.383% | 87.54 | 91.22 | 98.59 | 105.96 | 113.32 | 120.69 | ||
| 3 years | 3.330% | 90.64 | 93.45 | 99.07 | 104.69 | 110.32 | 115.94 | ||
| 2 years | 3.385% | 93.56 | 95.46 | 99.27 | 103.07 | 106.88 | 110.68 | ||
| 1 year | 3.514% | 96.61 | 97.57 | 99.50 | 101.44 | 103.37 | 105.30 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||