COUNTRY •
CZECH REPUBLIC
Last Update: 8 Jun 2023 2:23 GMT+0
The Czech Republic 10Y Government Bond has a 4.458% yield.
10 Years vs 2 Years bond spread is -130.6 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 7.00% (last modification in June 2022).
The Czech Republic credit rating is AA-, according to Standard & Poor's agency.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | ZC Price | Last Change |
||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 1 year | 7.087% | +74.9 bp | +63.4 bp | 93.38 | -0.70 % | -0.60 % | 08 Jun | ||
| 2 years | 5.764% | -24.6 bp | +22.4 bp | 89.40 | +0.47 % | -0.42 % | 08 Jun | ||
| 3 years | 5.503% | +0.5 bp | +36.2 bp | 85.15 | -0.02 % | -1.03 % | 08 Jun | ||
| 4 years | 5.082% | -9.1 bp | +6.2 bp | 82.01 | +0.34 % | -0.24 % | 08 Jun | ||
| 5 years | 4.972% | -8.5 bp | +6.6 bp | 78.46 | +0.41 % | -0.30 % | 08 Jun | ||
| 6 years | 4.751% | -8.7 bp | +2.2 bp | 75.69 | +0.49 % | -0.13 % | 08 Jun | ||
| 7 years | 4.680% | -5.7 bp | -7.3 bp | 72.60 | +0.37 % | +0.48 % | 08 Jun | ||
| 8 years | 4.645% | +0.7 bp | -1.5 bp | 69.54 | -0.06 % | +0.12 % | 08 Jun | ||
| 9 years | 4.591% | -6.1 bp | -6.4 bp | 66.77 | +0.53 % | +0.56 % | 08 Jun | ||
| 10 years | 4.458% | -12.0 bp | -15.8 bp | 64.65 | +1.16 % | +1.52 % | 08 Jun | ||
| 15 years | 4.514% | -3.7 bp | -7.9 bp | 51.57 | +0.53 % | +1.14 % | 08 Jun | ||
| 20 years | 4.609% | -7.8 bp | -3.5 bp | 40.61 | +1.50 % | +0.67 % | 08 Jun | ||
| 50 years | 4.866% | -4.5 bp | +2.9 bp | 9.30 | +2.20 % | -1.27 % | 08 Jun | ||
Last Update: 8 Jun 2023 2:23 GMT+0
Czech Republic Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (7.00%) |
|||
|---|---|---|---|---|---|---|
| 1 year | 2 years | 5 years | ||||
| 10 years | 4.458% | -254.2 bp | ||||
| 5 years | 4.972% | -202.8 bp | ||||
| 2 years | 5.764% | -123.6 bp | ||||
| 1 year | 7.087% | 8.7 bp | ||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -132.3 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -79.2 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -130.6 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities |
Readings that may interest you
Czech Republic Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
Czech Republic Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA-
|
- |
| Moody's Investors Service |
Aa3
|
negative |
| Fitch Ratings |
AA-
|
negative |
| DBRS |
-
|
- |
Czech Republic Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
| Interest Rates | Value | |
|---|---|---|
| Central Bank Rate | 7.00% |
Czech Republic 10Y Bond Yield Spread
The Czech Republic 10Y Government Bond has a 4.458% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, 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.
If data are not all visible, swipe table left
| Czech Republic 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 403.0 bp | -13.4 bp | -33.3 bp | Compare | |
| Germany 10Y | 200.3 bp | -25.9 bp | -77.5 bp | Compare | |
| China 10Y | 173.4 bp | -8.0 bp | +2.4 bp | Compare | |
| France 10Y | 145.0 bp | -21.2 bp | -86.2 bp | Compare | |
| Canada 10Y | 98.8 bp | -59.4 bp | -81.5 bp | Compare | |
| Spain 10Y | 97.7 bp | -18.4 bp | -80.8 bp | Compare | |
| United States 10Y | 65.8 bp | -40.3 bp | -46.7 bp | Compare | |
| Australia 10Y | 46.4 bp | -63.9 bp | -78.8 bp | Compare | |
| United Kingdom 10Y | 20.0 bp | -60.6 bp | -132.1 bp | Compare | |
| Italy 10Y | 16.5 bp | -17.6 bp | -73.4 bp | Compare | |
| India 10Y | -252.4 bp | -5.5 bp | +14.8 bp | Compare | |
| Russia 10Y | -636.2 bp | -30.0 bp | -84.8 bp | Compare | |
| Brazil 10Y | -677.2 bp | +89.5 bp | +159.8 bp | Compare |
Czech Republic 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.
Click on
for a forecast of the yield.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | ||||
| 50 years | 4.866% | 9.30 | 27.94 | 65.22 | 102.50 | 139.78 | 177.06 | ||
| 20 years | 4.609% | 40.61 | 53.49 | 79.27 | 105.04 | 130.81 | 156.58 | ||
| 15 years | 4.514% | 51.57 | 62.30 | 83.76 | 105.21 | 126.67 | 148.13 | ||
| 10 years | 4.458% | 64.65 | 72.58 | 88.44 | 104.30 | 120.16 | 136.01 | ||
| 9 years | 4.591% | 66.77 | 74.00 | 88.48 | 102.96 | 117.44 | 131.92 | ||
| 8 years | 4.645% | 69.54 | 76.10 | 89.21 | 102.33 | 115.44 | 128.56 | ||
| 7 years | 4.680% | 72.60 | 78.46 | 90.17 | 101.87 | 113.58 | 125.29 | ||
| 6 years | 4.751% | 75.69 | 80.81 | 91.04 | 101.27 | 111.51 | 121.74 | ||
| 5 years | 4.972% | 78.46 | 82.79 | 91.46 | 100.12 | 108.79 | 117.45 | ||
| 4 years | 5.082% | 82.01 | 85.55 | 92.63 | 99.71 | 106.79 | 113.87 | ||
| 3 years | 5.503% | 85.15 | 87.85 | 93.25 | 98.64 | 104.04 | 109.43 | ||
| 2 years | 5.764% | 89.40 | 91.24 | 94.92 | 98.59 | 102.27 | 105.95 | ||
| 1 year | 7.087% | 93.38 | 94.32 | 96.18 | 98.05 | 99.92 | 101.79 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||