Last Update: 24 Jan 2020 11:15 GMT+0
The Brazil 10Y Government Bond has a 6.697% yield.
10 Years vs 2 Years bond spread is 185.1 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 4.50% (last modification in December 2019).
The Brazil credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 98.50 and implied probability of default is 1.64%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 37.7 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 135.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 185.1 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 | 4.50% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 98.50 | +1.55 % | -4.46 % | -42.67 % | 1.64 % |
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 | 4.258% | -20.3 bp | -170.8 bp | ||||||
| 6 months | 4.223% | -15.2 bp | -136.7 bp | ||||||
| 9 months | 4.270% | -9.3 bp | -117.5 bp | ||||||
| 1 year | 4.469% | -1.6 bp | -94.1 bp | 95.72 | +0.01 % | +0.90 % | |||
| 2 years | 4.846% | -36.9 bp | -80.4 bp | 90.97 | +0.71 % | +1.54 % | |||
| 3 years | 5.169% | -48.7 bp | -94.6 bp | 85.97 | +1.40 % | +2.72 % | |||
| 5 years | 6.201% | -28.1 bp | -55.9 bp | 74.02 | +1.33 % | +2.66 % | |||
| 8 years | 6.553% | -25.4 bp | -49.7 bp | 60.18 | +1.91 % | +3.79 % | |||
| 10 years | 6.697% | -24.0 bp | -49.3 bp | 52.30 | +2.27 % | +4.73 % | |||
10Y Bond Yield Spread - Brazil vs Main Countries
The Brazil 10Y Government Bond has a 6.697% 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 | 699.3 bp | -18.9 | -57.2 | ||
| France 10Y | 674.4 bp | -13.4 | -55.9 | ||
| Japan 10Y | 671.5 bp | -22.0 | -62.4 | ||
| Spain 10Y | 632.3 bp | -19.2 | -51.0 | ||
| United Kingdom 10Y | 610.5 bp | -6.2 | -40.8 | ||
| Australia 10Y | 559.4 bp | -3.7 | -31.3 | ||
| Italy 10Y | 544.1 bp | +1.0 | -25.0 | ||
| Canada 10Y | 528.0 bp | -4.0 | -46.1 | ||
| United States 10Y | 495.9 bp | -7.5 | -18.3 | ||
| China 10Y | 366.3 bp | -7.2 | -34.9 | ||
| Russia 10Y | 50.2 bp | -10.0 | +58.2 | ||
| India 10Y | 12.3 bp | -24.3 | -62.9 |
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 | 6.697% | 52.30 | 59.42 | 73.67 | 87.91 | 102.16 | 116.40 | |
| 8 years | 6.553% | 60.18 | 66.26 | 78.41 | 90.56 | 102.72 | 114.87 | |
| 5 years | 6.201% | 74.02 | 78.21 | 86.59 | 94.97 | 103.35 | 111.73 | |
| 3 years | 5.169% | 85.97 | 88.68 | 94.11 | 99.54 | 104.97 | 110.40 | |
| 2 years | 4.846% | 90.97 | 92.83 | 96.56 | 100.29 | 104.01 | 107.74 | |
| 1 year | 4.469% | 95.72 | 96.68 | 98.59 | 100.51 | 102.42 | 104.34 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||