COUNTRY •
DENMARK
Last Update: 9 Feb 2023 0:23 GMT+0
The Denmark 10Y Government Bond has a 2.472% yield.
10 Years vs 2 Years bond spread is -33.9 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 1.75% (last modification in December 2022).
The Denmark credit rating is AAA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 15.83 and implied probability of default is 0.26%.
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 | ||||
| 3 months | 2.366% | +70.6 bp | +248.6 bp | 09 Feb | |||||
| 6 months | 2.434% | +28.5 bp | +227.6 bp | 09 Feb | |||||
| 2 years | 2.811% | +14.2 bp | +198.0 bp | 94.61 | -0.27 % | -3.81 % | 09 Feb | ||
| 3 years | 2.619% | +5.6 bp | +180.2 bp | 92.54 | -0.16 % | -5.17 % | 09 Feb | ||
| 5 years | 2.546% | +4.6 bp | +155.4 bp | 88.19 | -0.23 % | -7.34 % | 09 Feb | ||
| 8 years | 2.465% | +4.2 bp | +134.2 bp | 82.30 | -0.33 % | -10.01 % | 09 Feb | ||
| 10 years | 2.472% | +0.3 bp | +124.8 bp | 78.33 | -0.04 % | -11.54 % | 09 Feb | ||
| 20 years | 2.533% | +7.9 bp | +102.6 bp | 60.64 | -1.53 % | -18.21 % | 09 Feb | ||
| 30 years | 2.365% | +15.2 bp | +86.1 bp | 49.60 | -4.36 % | -22.38 % | 09 Feb | ||
Last Update: 9 Feb 2023 0:23 GMT+0
Denmark 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).
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| Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (1.75%) |
||||
|---|---|---|---|---|---|---|---|
| 3 months | 2 years | 5 years | 10 years | ||||
| 30 years | 2.365% | 61.5 bp | |||||
| 10 years | 2.472% | 72.2 bp | |||||
| 5 years | 2.546% | 79.6 bp | |||||
| 2 years | 2.811% | 106.1 bp | |||||
| 3 months | 2.366% | 61.6 bp | |||||
Focusing on 2 years Government Bond:
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| 5Y vs 2Y | -26.5 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -33.9 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities |
Readings that may interest you
Denmark 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
Denmark Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AAA
|
- |
| Moody's Investors Service |
Aaa
|
- |
| Fitch Ratings |
AAA
|
- |
| DBRS |
AAA
|
- |
Denmark 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 | 1.75% |
Denmark Credit Default Swaps
The term credit default swap (CDS) refers to a financial derivative that allows an investor to swap or offset their credit risk with that of another investor. To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults.
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| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 15.83 | +4.38 % | -2.45 % | +104.42 % | 0.26 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
Denmark 10Y Bond Yield Spread
The Denmark 10Y Government Bond has a 2.472% 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
| Denmark 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 198.4 bp | +1.3 bp | +92.8 bp | Compare | |
| Germany 10Y | 11.0 bp | -12.6 bp | -19.4 bp | Compare | |
| France 10Y | -33.4 bp | -6.7 bp | -8.1 bp | Compare | |
| China 10Y | -44.7 bp | -1.1 bp | +107.7 bp | Compare | |
| Canada 10Y | -56.4 bp | +7.2 bp | +92.3 bp | Compare | |
| United Kingdom 10Y | -86.3 bp | +20.0 bp | -9.6 bp | Compare | |
| Spain 10Y | -89.8 bp | -8.7 bp | -5.9 bp | Compare | |
| United States 10Y | -112.6 bp | -6.7 bp | +43.6 bp | Compare | |
| Australia 10Y | -113.5 bp | +9.7 bp | +86.7 bp | Compare | |
| Italy 10Y | -173.7 bp | -1.3 bp | +11.7 bp | Compare | |
| India 10Y | -487.2 bp | +0.1 bp | +125.2 bp | Compare | |
| Russia 10Y | -820.8 bp | -33.7 bp | -38.2 bp | Compare | |
| Brazil 10Y | -1083.4 bp | -30.1 bp | +8.1 bp | Compare |
Denmark 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% | ||||
| 30 years | 2.365% | 49.60 | 70.91 | 113.53 | 156.16 | 198.78 | 241.41 | ||
| 20 years | 2.533% | 60.64 | 76.18 | 107.26 | 138.34 | 169.42 | 200.50 | ||
| 10 years | 2.472% | 78.33 | 87.10 | 104.63 | 122.16 | 139.69 | 157.22 | ||
| 8 years | 2.465% | 82.30 | 89.48 | 103.84 | 118.20 | 132.57 | 146.93 | ||
| 5 years | 2.546% | 88.19 | 92.83 | 102.11 | 111.39 | 120.67 | 129.94 | ||
| 3 years | 2.619% | 92.54 | 95.39 | 101.09 | 106.78 | 112.48 | 118.18 | ||
| 2 years | 2.811% | 94.61 | 96.53 | 100.36 | 104.20 | 108.04 | 111.87 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||