Last Update: 8 Mar 2021 1:15 GMT+0
The Brazil 10Y Government Bond has a 8.502% yield.
10 Years vs 2 Years bond spread is 233.9 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.00% (last modification in August 2020).
The Brazil credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 194.40 and implied probability of default is 3.24%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 168.5 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 89 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 233.9 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 | 2.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 194.40 | +0.05 % | +30.73 % | +35.00 % | 3.24 % |
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 | 2.284% | +20.2 bp | +21.4 bp | ||||||
| 6 months | 2.842% | +40.9 bp | +67.4 bp | ||||||
| 9 months | 3.928% | +47.2 bp | +162.8 bp | ||||||
| 1 year | 4.478% | +47.9 bp | +185.5 bp | 95.71 | -0.46 % | -1.78 % | |||
| 2 years | 6.163% | +127.0 bp | +292.8 bp | 88.73 | -2.38 % | -5.44 % | |||
| 3 years | 6.507% | +72.3 bp | +180.7 bp | 82.77 | -2.02 % | -5.00 % | |||
| 5 years | 7.053% | +94.2 bp | +145.5 bp | 71.12 | -4.33 % | -6.62 % | |||
| 8 years | 7.992% | +80.7 bp | +164.4 bp | 54.06 | -5.82 % | -11.55 % | |||
| 10 years | 8.502% | +103.7 bp | +172.2 bp | 44.22 | -9.16 % | -14.78 % | |||
10Y Bond Yield Spread - Brazil vs Main Countries
The Brazil 10Y Government Bond has a 8.502% 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 | 881.2 bp | +90.6 | +153.6 | ||
| France 10Y | 855.7 bp | +87.1 | +158.3 | ||
| Japan 10Y | 841.8 bp | +101.7 | +167.2 | ||
| Spain 10Y | 810.7 bp | +77.5 | +165.9 | ||
| Italy 10Y | 775.8 bp | +79.9 | +207.3 | ||
| United Kingdom 10Y | 774.5 bp | +75.7 | +115.2 | ||
| Canada 10Y | 699.6 bp | +54.5 | +78.1 | ||
| United States 10Y | 691.3 bp | +62.4 | +81.5 | ||
| Australia 10Y | 671.0 bp | +49.0 | +85.1 | ||
| China 10Y | 522.4 bp | +101.6 | +160.0 | ||
| India 10Y | 227.0 bp | +84.5 | +154.6 | ||
| Russia 10Y | 184.2 bp | +58.2 | +131.2 |
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 | 8.502% | 44.22 | 50.78 | 63.90 | 77.02 | 90.15 | 103.27 | |
| 8 years | 7.992% | 54.06 | 59.81 | 71.30 | 82.80 | 94.30 | 105.79 | |
| 5 years | 7.053% | 71.12 | 75.22 | 83.41 | 91.59 | 99.78 | 107.97 | |
| 3 years | 6.507% | 82.77 | 85.42 | 90.71 | 96.01 | 101.31 | 106.60 | |
| 2 years | 6.163% | 88.73 | 90.56 | 94.21 | 97.87 | 101.53 | 105.19 | |
| 1 year | 4.478% | 95.71 | 96.67 | 98.59 | 100.50 | 102.41 | 104.33 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||