Last Update: 1 Apr 2020 4:15 GMT+0
The Brazil 10Y Government Bond has a 7.618% yield.
10 Years vs 2 Years bond spread is 321.8 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.75% (last modification in March 2020).
The Brazil credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 270.00 and implied probability of default is 4.50%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 79.2 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 224.4 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 321.8 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB-
|
positive |
| Moody's Investors Service |
Ba2
|
- |
| Fitch Ratings |
BB-
|
- |
| DBRS |
BB (low)
|
- |
| Brazil Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 3.75% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 270.00 | -9.30 % | +101.04 % | +54.11 % | 4.50 % |
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 | 3.418% | -75.5 bp | -201.2 bp | ||||||
| 6 months | 3.233% | -86.2 bp | -190.6 bp | ||||||
| 9 months | 3.343% | -74.2 bp | -158.7 bp | ||||||
| 1 year | 3.608% | -59.6 bp | -125.2 bp | 96.52 | +0.57 % | +1.21 % | |||
| 2 years | 4.400% | -11.1 bp | -92.5 bp | 91.75 | +0.22 % | +1.79 % | |||
| 3 years | 5.833% | +102.3 bp | +0.8 bp | 84.36 | -2.87 % | -0.02 % | |||
| 5 years | 6.644% | +60.3 bp | +5.9 bp | 72.50 | -2.79 % | -0.28 % | |||
| 8 years | 7.286% | +79.3 bp | +41.1 bp | 56.97 | -5.76 % | -3.03 % | |||
| 10 years | 7.618% | +86.7 bp | +52.3 bp | 47.99 | -7.76 % | -4.76 % | |||
10Y Bond Yield Spread - Brazil vs Main Countries
The Brazil 10Y Government Bond has a 7.618% 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 | 810.0 bp | +74.0 | +46.0 | ||
| France 10Y | 764.1 bp | +59.7 | +28.4 | ||
| Japan 10Y | 760.8 bp | +70.8 | +36.0 | ||
| United Kingdom 10Y | 725.6 bp | +95.3 | +67.3 | ||
| United States 10Y | 698.0 bp | +139.2 | +152.5 | ||
| Spain 10Y | 695.9 bp | +49.0 | +5.1 | ||
| Australia 10Y | 693.2 bp | +87.7 | +79.4 | ||
| Canada 10Y | 692.4 bp | +130.3 | +117.7 | ||
| Italy 10Y | 610.7 bp | +44.2 | -12.3 | ||
| China 10Y | 497.5 bp | +101.9 | +103.5 | ||
| India 10Y | 148.0 bp | +110.0 | +104.2 | ||
| Russia 10Y | 86.3 bp | +58.2 | +79.8 |
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 | 7.618% | 47.99 | 54.82 | 68.47 | 82.13 | 95.78 | 109.44 | |
| 8 years | 7.286% | 56.97 | 62.88 | 74.69 | 86.50 | 98.31 | 110.12 | |
| 5 years | 6.644% | 72.50 | 76.64 | 84.92 | 93.19 | 101.47 | 109.75 | |
| 3 years | 5.833% | 84.36 | 87.04 | 92.40 | 97.77 | 103.13 | 108.49 | |
| 2 years | 4.400% | 91.75 | 93.62 | 97.37 | 101.13 | 104.88 | 108.63 | |
| 1 year | 3.608% | 96.52 | 97.48 | 99.41 | 101.34 | 103.27 | 105.20 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||