Last Update: 6 Dec 2019 13:15 GMT+0
The Brazil 10Y Government Bond has a 6.783% yield.
10 Years vs 2 Years bond spread is 158.2 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 5.00% (last modification in October 2019).
The Brazil credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 120.70 and implied probability of default is 2.01%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 64.1 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 113 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 158.2 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 | 5.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 120.70 | -2.43 % | +4.23 % | -42.11 % | 2.01 % |
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 | 4.609% | -9.1 bp | -185.3 bp | ||||||
| 6 months | 4.440% | -3.8 bp | -191.5 bp | ||||||
| 9 months | 4.448% | +2.5 bp | -179.7 bp | ||||||
| 1 year | 4.560% | +11.5 bp | -164.0 bp | 95.64 | -0.10 % | +1.57 % | |||
| 2 years | 5.201% | +30.9 bp | -135.9 bp | 90.36 | -0.58 % | +2.60 % | |||
| 3 years | 5.611% | +30.1 bp | -132.9 bp | 84.89 | -0.85 % | +3.82 % | |||
| 5 years | 6.331% | +37.6 bp | -141.4 bp | 73.57 | -1.75 % | +6.82 % | |||
| 8 years | 6.648% | +39.8 bp | -143.7 bp | 59.76 | -2.94 % | +11.31 % | |||
| 10 years | 6.783% | +30.5 bp | -144.7 bp | 51.88 | -2.81 % | +14.42 % | |||
10Y Bond Yield Spread - Brazil vs Main Countries
The Brazil 10Y Government Bond has a 6.783% 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 | 709.1 bp | +27.0 | -137.1 | ||
| Japan 10Y | 680.3 bp | +24.1 | -154.8 | ||
| France 10Y | 676.4 bp | +23.8 | -134.3 | ||
| Spain 10Y | 630.6 bp | +12.7 | -131.2 | ||
| United Kingdom 10Y | 603.5 bp | +26.4 | -136.9 | ||
| Australia 10Y | 565.3 bp | +41.7 | -109.4 | ||
| Italy 10Y | 535.3 bp | -3.5 | -38.3 | ||
| Canada 10Y | 518.4 bp | +25.0 | -158.3 | ||
| United States 10Y | 498.6 bp | +33.8 | -111.6 | ||
| China 10Y | 355.3 bp | +34.9 | -141.4 | ||
| Russia 10Y | 40.8 bp | +29.0 | -6.2 | ||
| India 10Y | 12.1 bp | +12.9 | -117.8 |
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 | 6.783% | 51.88 | 58.97 | 73.16 | 87.35 | 101.54 | 115.73 | |
| 8 years | 6.648% | 59.76 | 65.81 | 77.92 | 90.02 | 102.13 | 114.24 | |
| 5 years | 6.331% | 73.57 | 77.74 | 86.09 | 94.44 | 102.79 | 111.14 | |
| 3 years | 5.611% | 84.89 | 87.59 | 92.97 | 98.35 | 103.74 | 109.12 | |
| 2 years | 5.201% | 90.36 | 92.21 | 95.92 | 99.63 | 103.34 | 107.04 | |
| 1 year | 4.560% | 95.64 | 96.60 | 98.51 | 100.42 | 102.33 | 104.25 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||