Last Update: 22 Sep 2021 20:15 GMT+0
The Brazil 10Y Government Bond has a 10.771% yield.
10 Years vs 2 Years bond spread is 175.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 5.25% (last modification in August 2021).
The Brazil credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 194.70 and implied probability of default is 3.25%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 56.1 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 86.6 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 175.5 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB-
|
- |
| Moody's Investors Service |
Ba2
|
- |
| Fitch Ratings |
BB-
|
negative |
| DBRS |
BB (low)
|
- |
| Brazil Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 5.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 194.70 | +8.89 % | +2.91 % | -14.42 % | 3.25 % |
Brazil Government Bonds
Click on the "Residual Maturity" link to get historical serie. Click on the Forecast link , to see preditions of bond yield.
Price refers to a hypothetical zero coupon bond, with a face value 100.
| Residual Maturity |
Yield | ZC Price | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 3 months | 6.319% | +76.9 bp | +300.5 bp | ||||||
| 6 months | 7.268% | +29.1 bp | +317.5 bp | ||||||
| 9 months | 8.059% | +38.9 bp | +344.2 bp | ||||||
| 1 year | 8.455% | +33.4 bp | +329.9 bp | 92.20 | -0.31 % | -3.05 % | |||
| 2 years | 9.016% | +21.7 bp | +229.0 bp | 84.14 | -0.40 % | -4.16 % | |||
| 3 years | 9.059% | +19.4 bp | +209.6 bp | 77.09 | -0.54 % | -5.65 % | |||
| 5 years | 9.882% | +54.3 bp | +209.1 bp | 62.43 | -2.44 % | -9.15 % | |||
| 8 years | 10.505% | +22.4 bp | +202.5 bp | 44.97 | -1.62 % | -13.75 % | |||
| 10 years | 10.771% | +18.9 bp | +209.6 bp | 35.95 | -1.70 % | -17.39 % | |||
Brazil 10Y Bond Yield Spread
The Brazil 10Y Government Bond has a 10.771% yield. Click on Spread value for the historical serie.
A positive spread, marked by a red circle, 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.
| Brazil 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Germany 10Y | 1109.8 bp | +2.1 bp | +211.4 bp | Compare | |
| France 10Y | 1076.4 bp | +3.4 bp | +203.2 bp | Compare | |
| Japan 10Y | 1073.9 bp | +16.3 bp | +214.1 bp | Compare | |
| Spain 10Y | 1045.9 bp | +8.9 bp | +212.1 bp | Compare | |
| Italy 10Y | 1010.7 bp | +7.2 bp | +207.7 bp | Compare | |
| United Kingdom 10Y | 997.2 bp | -8.4 bp | +211.4 bp | Compare | |
| Canada 10Y | 955.5 bp | +11.6 bp | +244.1 bp | Compare | |
| Australia 10Y | 952.5 bp | +1.2 bp | +260.9 bp | Compare | |
| United States 10Y | 946.4 bp | +13.7 bp | +248.4 bp | Compare | |
| China 10Y | 788.9 bp | +17.5 bp | +247.0 bp | Compare | |
| India 10Y | 463.3 bp | +28.5 bp | +213.8 bp | Compare | |
| Russia 10Y | 361.1 bp | -2.1 bp | +205.1 bp | Compare |
Brazil 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.
For each maturity, the current market yield is shown.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 10 years | 10.771% | 35.95 | 41.90 | 53.79 | 65.68 | 77.58 | 89.47 | |
| 8 years | 10.505% | 44.97 | 50.21 | 60.69 | 71.16 | 81.64 | 92.12 | |
| 5 years | 9.882% | 62.43 | 66.23 | 73.83 | 81.44 | 89.04 | 96.65 | |
| 3 years | 9.059% | 77.09 | 79.62 | 84.68 | 89.74 | 94.79 | 99.85 | |
| 2 years | 9.016% | 84.14 | 85.90 | 89.42 | 92.94 | 96.45 | 99.97 | |
| 1 year | 8.455% | 92.20 | 93.13 | 94.97 | 96.81 | 98.66 | 100.50 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||