Last Update: 19 Jan 2022 18:15 GMT+0
The Germany 10Y Government Bond has a -0.010% yield.
10 Years vs 2 Years bond spread is 57.2 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 0.00% (last modification in March 2016).
The Germany credit rating is AAA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 6.70 and implied probability of default is 0.11%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 8.4 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 23.9 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 57.2 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AAA
|
- |
| Moody's Investors Service |
Aaa
|
- |
| Fitch Ratings |
AAA
|
- |
| DBRS |
AAA
|
- |
| Germany Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 0.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 6.70 | -21.18 % | -25.56 % | -39.09 % | 0.11 % |
Germany 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 | -0.669% | +17.7 bp | -0.7 bp | ||||||
| 6 months | -0.683% | +7.0 bp | -2.3 bp | ||||||
| 9 months | -0.669% | +8.4 bp | -3.4 bp | ||||||
| 1 year | -0.665% | +1.7 bp | -3.5 bp | 100.67 | -0.02 % | +0.04 % | |||
| 2 years | -0.581% | +14.1 bp | +11.7 bp | 101.17 | -0.29 % | -0.24 % | |||
| 3 years | -0.596% | +16.9 bp | +16.7 bp | 101.81 | -0.51 % | -0.50 % | |||
| 4 years | -0.451% | +23.5 bp | +28.7 bp | 101.82 | -0.94 % | -1.16 % | |||
| 5 years | -0.342% | +26.6 bp | +32.2 bp | 101.73 | -1.33 % | -1.61 % | |||
| 6 years | -0.304% | +28.8 bp | +34.4 bp | 101.84 | -1.73 % | -2.06 % | |||
| 7 years | -0.225% | +31.2 bp | +33.0 bp | 101.59 | -2.17 % | -2.29 % | |||
| 8 years | -0.173% | +33.3 bp | +36.8 bp | 101.39 | -2.64 % | -2.92 % | |||
| 9 years | -0.130% | +32.8 bp | +34.9 bp | 101.18 | -2.92 % | -3.10 % | |||
| 10 years | -0.010% | +37.3 bp | +38.5 bp | 100.10 | -3.66 % | -3.78 % | |||
| 15 years | 0.132% | +32.5 bp | +27.8 bp | 98.04 | -4.76 % | -4.09 % | |||
| 20 years | 0.039% | +31.0 bp | +22.0 bp | 99.22 | -6.02 % | -4.31 % | |||
| 25 years | 0.151% | +30.7 bp | +17.5 bp | 96.30 | -7.39 % | -4.27 % | |||
| 30 years | 0.285% | +32.4 bp | +21.1 bp | 91.82 | -9.25 % | -6.12 % | |||
Germany 10Y Bond Yield Spread
The Germany 10Y Government Bond has a -0.010% 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.
| Germany 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | -14.4 bp | +28.0 bp | +26.5 bp | Compare | |
| France 10Y | -38.8 bp | -3.5 bp | -4.0 bp | Compare | |
| Spain 10Y | -68.9 bp | +2.9 bp | +4.5 bp | Compare | |
| United Kingdom 10Y | -127.2 bp | -12.6 bp | -33.2 bp | Compare | |
| Italy 10Y | -141.6 bp | -13.4 bp | -31.9 bp | Compare | |
| United States 10Y | -184.2 bp | -5.3 bp | -25.6 bp | Compare | |
| Canada 10Y | -187.5 bp | -17.2 bp | -33.6 bp | Compare | |
| Australia 10Y | -196.6 bp | +0.6 bp | -39.4 bp | Compare | |
| China 10Y | -275.5 bp | +49.8 bp | +60.5 bp | Compare | |
| India 10Y | -660.8 bp | +18.5 bp | -8.7 bp | Compare | |
| Russia 10Y | -928.0 bp | -48.3 bp | -166.1 bp | Compare | |
| Brazil 10Y | -1156.1 bp | -41.5 bp | -237.8 bp | Compare |
Germany 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% | |||
| 30 years | 0.285% | 91.82 | 120.53 | 177.96 | 235.39 | 292.82 | 350.24 | |
| 25 years | 0.151% | 96.30 | 120.81 | 169.85 | 218.88 | 267.91 | 316.94 | |
| 20 years | 0.039% | 99.22 | 119.14 | 158.98 | 198.81 | 238.65 | 278.49 | |
| 15 years | 0.132% | 98.04 | 112.88 | 142.57 | 172.25 | 201.94 | 231.63 | |
| 10 years | -0.010% | 100.10 | 110.10 | 130.11 | 150.12 | 170.13 | 190.14 | |
| 9 years | -0.130% | 101.18 | 110.24 | 128.35 | 146.47 | 164.59 | 182.71 | |
| 8 years | -0.173% | 101.39 | 109.46 | 125.58 | 141.71 | 157.83 | 173.96 | |
| 7 years | -0.225% | 101.59 | 108.65 | 122.78 | 136.91 | 151.03 | 165.16 | |
| 6 years | -0.304% | 101.84 | 107.91 | 120.04 | 132.17 | 144.29 | 156.42 | |
| 5 years | -0.342% | 101.73 | 106.78 | 116.88 | 126.99 | 137.09 | 147.19 | |
| 4 years | -0.451% | 101.82 | 105.87 | 113.96 | 122.05 | 130.14 | 138.23 | |
| 3 years | -0.596% | 101.81 | 104.85 | 110.92 | 116.99 | 123.06 | 129.13 | |
| 2 years | -0.581% | 101.17 | 103.19 | 107.22 | 111.26 | 115.30 | 119.33 | |
| 1 year | -0.665% | 100.67 | 101.68 | 103.69 | 105.70 | 107.72 | 109.73 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||