Last Update: 16 Jul 2020 16:15 GMT+0
The Brazil 10Y Government Bond has a 6.457% yield.
10 Years vs 2 Years bond spread is 303.1 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.25% (last modification in June 2020).
The Brazil credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 235.80 and implied probability of default is 3.93%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 96.6 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 195.9 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 303.1 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 | 2.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 235.80 | +1.51 % | -8.32 % | +85.09 % | 3.93 % |
Brazil Government Bonds
List of available 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 | 2.069% | -28.6 bp | -222.1 bp | ||||||
| 6 months | 2.140% | +1.0 bp | -212.3 bp | ||||||
| 9 months | 2.458% | +18.3 bp | -182.2 bp | ||||||
| 1 year | 2.460% | -2.0 bp | -211.2 bp | 97.60 | +0.02 % | +2.06 % | |||
| 2 years | 3.426% | +0.8 bp | -151.5 bp | 93.48 | -0.02 % | +2.95 % | |||
| 3 years | 4.730% | +4.5 bp | -53.9 bp | 87.05 | -0.14 % | +1.55 % | |||
| 5 years | 5.385% | -6.2 bp | -92.6 bp | 76.93 | +0.29 % | +4.47 % | |||
| 8 years | 6.099% | -15.9 bp | -47.4 bp | 62.27 | +1.20 % | +3.63 % | |||
| 10 years | 6.457% | -15.9 bp | -38.7 bp | 53.49 | +1.50 % | +3.70 % | |||
10Y Bond Yield Spread - Brazil vs Main Countries
The Brazil 10Y Government Bond has a 6.457% 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.
Clicking on the "Full Country Comparison" link, you can perform a full check of available data and see the differences between the countries.
| Brazil 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Germany 10Y | 692.5 bp | -12.1 | -14.1 | ||
| France 10Y | 661.2 bp | -5.4 | -19.4 | ||
| Japan 10Y | 644.7 bp | -15.5 | -38.6 | ||
| United Kingdom 10Y | 632.1 bp | -9.1 | +11.8 | ||
| Spain 10Y | 605.4 bp | -3.2 | -33.0 | ||
| Canada 10Y | 594.9 bp | -11.8 | +66.3 | ||
| United States 10Y | 585.2 bp | -2.3 | +81.7 | ||
| Australia 10Y | 558.3 bp | -10.6 | -6.8 | ||
| Italy 10Y | 521.4 bp | -4.7 | -21.7 | ||
| China 10Y | 341.9 bp | -34.4 | -27.7 | ||
| India 10Y | 64.4 bp | -12.6 | +39.8 | ||
| Russia 10Y | 61.7 bp | -41.4 | -1.7 |
Brazil Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The overall yield is the current market yield. The highlighted column refers to the zero coupon bond.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 10 years | 6.457% | 53.49 | 60.69 | 75.10 | 89.50 | 103.91 | 118.32 | |
| 8 years | 6.099% | 62.27 | 68.46 | 80.83 | 93.20 | 105.57 | 117.94 | |
| 5 years | 5.385% | 76.93 | 81.22 | 89.78 | 98.35 | 106.92 | 115.49 | |
| 3 years | 4.730% | 87.05 | 89.79 | 95.26 | 100.74 | 106.21 | 111.69 | |
| 2 years | 3.426% | 93.48 | 95.39 | 99.19 | 102.99 | 106.80 | 110.60 | |
| 1 year | 2.460% | 97.60 | 98.58 | 100.53 | 102.48 | 104.43 | 106.38 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||