Last Update: 23 Oct 2021 14:15 GMT+0
The Brazil 10Y Government Bond has a 12.085% yield.
10 Years vs 2 Years bond spread is 82.9 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 6.25% (last modification in September 2021).
The Brazil credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 234.40 and implied probability of default is 3.91%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 105.3 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 17 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 82.9 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 | 6.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 234.40 | +16.97 % | +21.07 % | +10.98 % | 3.91 % |
Brazil 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 | 8.130% | +171.8 bp | +457.8 bp | ||||||
| 6 months | 9.175% | +176.2 bp | +497.7 bp | ||||||
| 9 months | 10.082% | +199.7 bp | +532.1 bp | ||||||
| 1 year | 10.203% | +167.2 bp | +507.1 bp | 90.74 | -1.52 % | -4.60 % | |||
| 2 years | 11.256% | +218.5 bp | +454.5 bp | 80.79 | -3.89 % | -8.01 % | |||
| 3 years | 10.469% | +138.7 bp | +350.6 bp | 74.18 | -3.71 % | -9.22 % | |||
| 5 years | 11.426% | +152.4 bp | +354.6 bp | 58.22 | -6.65 % | -14.93 % | |||
| 8 years | 11.923% | +131.9 bp | +302.0 bp | 40.61 | -9.05 % | -19.66 % | |||
| 10 years | 12.085% | +142.4 bp | +297.6 bp | 31.95 | -12.01 % | -23.60 % | |||
Brazil 10Y Bond Yield Spread
The Brazil 10Y Government Bond has a 12.085% 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. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
| Brazil 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Germany 10Y | 1219.5 bp | +128.1 bp | +283.3 bp | Compare | |
| Japan 10Y | 1199.6 bp | +136.7 bp | +295.2 bp | Compare | |
| France 10Y | 1185.9 bp | +128.0 bp | +274.7 bp | Compare | |
| Spain 10Y | 1156.3 bp | +128.2 bp | +285.8 bp | Compare | |
| Italy 10Y | 1113.2 bp | +119.9 bp | +280.5 bp | Compare | |
| United Kingdom 10Y | 1093.8 bp | +118.2 bp | +257.4 bp | Compare | |
| United States 10Y | 1044.7 bp | +122.1 bp | +289.8 bp | Compare | |
| Canada 10Y | 1043.2 bp | +111.4 bp | +284.4 bp | Compare | |
| Australia 10Y | 1031.6 bp | +101.7 bp | +289.3 bp | Compare | |
| China 10Y | 908.2 bp | +130.2 bp | +315.9 bp | Compare | |
| India 10Y | 572.1 bp | +120.0 bp | +264.7 bp | Compare | |
| Russia 10Y | 428.0 bp | +83.4 bp | +220.1 bp | Compare |
Brazil Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
For each maturity, the current market yield is shown.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 10 years | 12.085% | 31.95 | 37.58 | 48.85 | 60.11 | 71.37 | 82.63 | |
| 8 years | 11.923% | 40.61 | 45.59 | 55.55 | 65.52 | 75.48 | 85.44 | |
| 5 years | 11.426% | 58.22 | 61.88 | 69.19 | 76.50 | 83.82 | 91.13 | |
| 3 years | 10.469% | 74.18 | 76.65 | 81.58 | 86.51 | 91.44 | 96.38 | |
| 2 years | 11.256% | 80.79 | 82.50 | 85.91 | 89.32 | 92.74 | 96.15 | |
| 1 year | 10.203% | 90.74 | 91.65 | 93.46 | 95.28 | 97.09 | 98.91 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||