Last Update: 20 Oct 2019 22:15 GMT+0
The Brazil 10Y Government Bond has a 6.535% yield.
10 Years vs 2 Years bond spread is 172.2 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 5.50% (last modification in September 2019).
The Brazil credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 129.00 and implied probability of default is 2.15%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 40.7 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 116.2 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 172.2 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-
|
- |
| DBRS |
BB (low)
|
- |
| Brazil Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 5.50% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 129.00 | -3.44 % | +9.41 % | -39.38 % | 2.15 % |
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 | 4.863% | -57.8 bp | -154.8 bp | ||||||
| 6 months | 4.625% | -44.0 bp | -174.5 bp | ||||||
| 9 months | 4.418% | -50.2 bp | -201.7 bp | ||||||
| 1 year | 4.406% | -48.4 bp | -209.9 bp | 95.78 | +0.46 % | +2.01 % | |||
| 2 years | 4.813% | -47.7 bp | -244.2 bp | 91.03 | +0.92 % | +4.72 % | |||
| 3 years | 5.182% | -68.3 bp | -257.8 bp | 85.94 | +1.97 % | +7.55 % | |||
| 5 years | 5.975% | -59.0 bp | -215.5 bp | 74.81 | +2.80 % | +10.58 % | |||
| 8 years | 6.301% | -55.4 bp | -258.9 bp | 61.33 | +4.23 % | +21.23 % | |||
| 10 years | 6.535% | -54.5 bp | -242.5 bp | 53.10 | +5.23 % | +25.24 % | |||
10Y Bond Yield Spread - Brazil vs Main Countries
The Brazil 10Y Government Bond has a 6.535% 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 | 691.8 bp | -68.7 | -201.9 | ||
| Japan 10Y | 667.5 bp | -62.0 | -231.2 | ||
| France 10Y | 661.6 bp | -68.5 | -197.4 | ||
| Spain 10Y | 629.3 bp | -53.5 | -160.6 | ||
| United Kingdom 10Y | 582.6 bp | -63.0 | -193.5 | ||
| Italy 10Y | 551.3 bp | -63.6 | -85.0 | ||
| Australia 10Y | 540.9 bp | -64.9 | -162.8 | ||
| Canada 10Y | 498.5 bp | -70.8 | -220.9 | ||
| United States 10Y | 478.1 bp | -57.7 | -161.9 | ||
| China 10Y | 333.7 bp | -62.5 | -223.3 | ||
| Russia 10Y | -3.5 bp | -10.5 | -75.5 | ||
| India 10Y | -27.1 bp | -56.9 | -181.1 |
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 | 6.535% | 53.10 | 60.27 | 74.63 | 88.98 | 103.34 | 117.69 | |
| 8 years | 6.301% | 61.33 | 67.47 | 79.74 | 92.02 | 104.29 | 116.56 | |
| 5 years | 5.975% | 74.81 | 79.03 | 87.46 | 95.89 | 104.32 | 112.75 | |
| 3 years | 5.182% | 85.94 | 88.65 | 94.08 | 99.51 | 104.93 | 110.36 | |
| 2 years | 4.813% | 91.03 | 92.89 | 96.62 | 100.35 | 104.08 | 107.81 | |
| 1 year | 4.406% | 95.78 | 96.74 | 98.65 | 100.57 | 102.48 | 104.40 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||