Last Update: 26 Sep 2020 2:15 GMT+0
The Brazil 10Y Government Bond has a 7.074% yield.
10 Years vs 2 Years bond spread is 379.6 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 249.70 and implied probability of default is 4.16%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 66.5 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 268.4 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 379.6 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 | 249.70 | +22.52 % | +17.34 % | +83.74 % | 4.16 % |
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 | 2.220% | +29.6 bp | -151.5 bp | ||||||
| 6 months | 2.158% | +17.8 bp | -124.2 bp | ||||||
| 9 months | 2.300% | +17.0 bp | -109.0 bp | ||||||
| 1 year | 2.613% | +34.8 bp | -94.8 bp | 97.45 | -0.35 % | +0.92 % | |||
| 2 years | 3.278% | +9.3 bp | -93.1 bp | 93.75 | -0.18 % | +1.80 % | |||
| 3 years | 5.011% | +36.8 bp | -27.4 bp | 86.36 | -1.04 % | +0.79 % | |||
| 5 years | 5.962% | +39.3 bp | -145.7 bp | 74.86 | -1.84 % | +7.07 % | |||
| 8 years | 6.866% | +39.8 bp | -130.2 bp | 58.79 | -2.94 % | +10.18 % | |||
| 10 years | 7.074% | +24.4 bp | -146.6 bp | 50.48 | -2.27 % | +14.55 % | |||
10Y Bond Yield Spread - Brazil vs Main Countries
The Brazil 10Y Government Bond has a 7.074% 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 | 760.0 bp | +34.8 | -130.8 | ||
| France 10Y | 732.6 bp | +36.6 | -125.5 | ||
| Japan 10Y | 706.9 bp | +27.8 | -145.1 | ||
| United Kingdom 10Y | 688.1 bp | +35.1 | -127.8 | ||
| Spain 10Y | 682.7 bp | +37.1 | -120.0 | ||
| Canada 10Y | 653.2 bp | +31.1 | -116.6 | ||
| United States 10Y | 641.8 bp | +27.6 | -127.4 | ||
| Australia 10Y | 623.6 bp | +33.3 | -139.0 | ||
| Italy 10Y | 618.3 bp | +43.4 | -117.2 | ||
| China 10Y | 394.7 bp | +18.5 | -190.9 | ||
| India 10Y | 103.6 bp | +40.9 | -127.9 | ||
| Russia 10Y | 79.4 bp | +16.9 | -70.6 |
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 | 7.074% | 50.48 | 57.48 | 71.48 | 85.48 | 99.48 | 113.48 | |
| 8 years | 6.866% | 58.79 | 64.79 | 76.79 | 88.80 | 100.80 | 112.81 | |
| 5 years | 5.962% | 74.86 | 79.08 | 87.51 | 95.94 | 104.38 | 112.81 | |
| 3 years | 5.011% | 86.36 | 89.08 | 94.52 | 99.97 | 105.42 | 110.86 | |
| 2 years | 3.278% | 93.75 | 95.66 | 99.47 | 103.28 | 107.09 | 110.90 | |
| 1 year | 2.613% | 97.45 | 98.43 | 100.38 | 102.33 | 104.28 | 106.22 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||