COUNTRY •
CZECH REPUBLIC
Last Update: 9 Feb 2023 3:23 GMT+0
The Czech Republic 10Y Government Bond has a 4.475% yield.
10 Years vs 2 Years bond spread is -129.7 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 | 6.873% | +3.7 bp | +29.4 bp | 93.57 | -0.03 % | -0.28 % | 09 Feb | ||
| 2 years | 5.772% | +10.1 bp | -8.7 bp | 89.38 | -0.19 % | +0.16 % | 09 Feb | ||
| 3 years | 5.322% | +20.3 bp | +22.7 bp | 85.59 | -0.58 % | -0.65 % | 09 Feb | ||
| 4 years | 4.941% | -0.8 bp | +10.7 bp | 82.46 | +0.04 % | -0.40 % | 09 Feb | ||
| 5 years | 4.891% | +12.3 bp | +13.8 bp | 78.76 | -0.58 % | -0.66 % | 09 Feb | ||
| 6 years | 4.657% | +5.3 bp | +33.2 bp | 76.10 | -0.30 % | -1.90 % | 09 Feb | ||
| 7 years | 4.583% | -1.9 bp | +30.7 bp | 73.08 | +0.14 % | -2.02 % | 09 Feb | ||
| 8 years | 4.529% | +1.3 bp | +53.8 bp | 70.16 | -0.10 % | -4.05 % | 09 Feb | ||
| 9 years | 4.575% | +2.7 bp | +45.6 bp | 66.86 | -0.22 % | -3.85 % | 09 Feb | ||
| 10 years | 4.475% | -1.1 bp | +53.3 bp | 64.55 | +0.11 % | -4.98 % | 09 Feb | ||
| 15 years | 4.464% | -10.7 bp | +54.4 bp | 51.94 | +1.54 % | -7.53 % | 09 Feb | ||
| 20 years | 4.601% | -5.2 bp | +52.3 bp | 40.67 | +0.99 % | -9.54 % | 09 Feb | ||
| 50 years | 5.001% | +16.6 bp | +46.1 bp | 8.72 | -7.53 % | -19.71 % | 09 Feb | ||
Last Update: 9 Feb 2023 3:23 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 | 4.475% | -252.5 bp | ||||
| 5 years | 4.891% | -210.9 bp | ||||
| 2 years | 5.772% | -122.8 bp | ||||
| 1 year | 6.873% | -12.7 bp | ||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -110.1 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -88.1 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -129.7 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 4.475% 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 | 398.7 bp | -0.1 bp | +21.3 bp | Compare | |
| Germany 10Y | 213.0 bp | -12.3 bp | -89.2 bp | Compare | |
| France 10Y | 166.9 bp | -8.1 bp | -79.6 bp | Compare | |
| China 10Y | 155.7 bp | -2.4 bp | +36.3 bp | Compare | |
| Canada 10Y | 143.9 bp | +5.8 bp | +20.8 bp | Compare | |
| United Kingdom 10Y | 116.3 bp | +20.9 bp | -78.8 bp | Compare | |
| Spain 10Y | 110.5 bp | -10.1 bp | -77.4 bp | Compare | |
| United States 10Y | 85.5 bp | -10.3 bp | -30.1 bp | Compare | |
| Australia 10Y | 80.8 bp | +2.3 bp | +9.2 bp | Compare | |
| Italy 10Y | 26.6 bp | -2.7 bp | -59.8 bp | Compare | |
| India 10Y | -286.9 bp | -1.3 bp | +53.7 bp | Compare | |
| Russia 10Y | -620.5 bp | -35.1 bp | -109.7 bp | Compare | |
| Brazil 10Y | -883.1 bp | -31.5 bp | -63.4 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 | 5.001% | 8.72 | 26.97 | 63.48 | 99.98 | 136.49 | 172.99 | ||
| 20 years | 4.601% | 40.67 | 53.57 | 79.36 | 105.15 | 130.93 | 156.72 | ||
| 15 years | 4.464% | 51.94 | 62.71 | 84.24 | 105.77 | 127.30 | 148.84 | ||
| 10 years | 4.475% | 64.55 | 72.47 | 88.31 | 104.16 | 120.00 | 135.85 | ||
| 9 years | 4.575% | 66.86 | 74.10 | 88.59 | 103.08 | 117.57 | 132.06 | ||
| 8 years | 4.529% | 70.16 | 76.75 | 89.93 | 103.10 | 116.28 | 129.46 | ||
| 7 years | 4.583% | 73.08 | 78.95 | 90.70 | 102.45 | 114.20 | 125.95 | ||
| 6 years | 4.657% | 76.10 | 81.23 | 91.50 | 101.76 | 112.02 | 122.29 | ||
| 5 years | 4.891% | 78.76 | 83.10 | 91.79 | 100.47 | 109.16 | 117.84 | ||
| 4 years | 4.941% | 82.46 | 86.01 | 93.11 | 100.21 | 107.31 | 114.41 | ||
| 3 years | 5.322% | 85.59 | 88.30 | 93.71 | 99.13 | 104.54 | 109.96 | ||
| 2 years | 5.772% | 89.38 | 91.22 | 94.90 | 98.58 | 102.26 | 105.94 | ||
| 1 year | 6.873% | 93.57 | 94.50 | 96.38 | 98.25 | 100.12 | 101.99 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||