Last Update: 16 Jul 2020 16:15 GMT+0
The Germany 10Y Government Bond has a -0.468% yield.
10 Years vs 2 Years bond spread is 22.1 bp. Yield Curve is flat 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 13.50 and implied probability of default is 0.23%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -9.3 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 1.8 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 22.1 bp | Yield Curve is flat 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 | 13.50 | 0.00 % | -22.41 % | +20.54 % | 0.23 % |
Germany Government Bonds
List of available 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 | -0.568% | -1.9 bp | +2.0 bp | ||||||
| 6 months | -0.643% | -7.9 bp | -3.8 bp | ||||||
| 9 months | -0.583% | +1.4 bp | +6.1 bp | ||||||
| 1 year | -0.596% | -0.8 bp | -1.5 bp | 100.60 | +0.01 % | +0.02 % | |||
| 2 years | -0.689% | -2.9 bp | -8.9 bp | 101.39 | +0.06 % | +0.18 % | |||
| 3 years | -0.718% | -3.2 bp | -12.1 bp | 102.19 | +0.10 % | +0.37 % | |||
| 4 years | -0.711% | -4.0 bp | -12.5 bp | 102.90 | +0.17 % | +0.51 % | |||
| 5 years | -0.671% | -2.8 bp | -14.9 bp | 103.42 | +0.14 % | +0.75 % | |||
| 6 years | -0.676% | -6.2 bp | -21.0 bp | 104.15 | +0.38 % | +1.27 % | |||
| 7 years | -0.609% | -7.2 bp | -19.6 bp | 104.37 | +0.51 % | +1.39 % | |||
| 8 years | -0.595% | -6.7 bp | -23.2 bp | 104.89 | +0.54 % | +1.88 % | |||
| 9 years | -0.535% | -7.1 bp | -23.6 bp | 104.95 | +0.65 % | +2.16 % | |||
| 10 years | -0.468% | -3.8 bp | -24.6 bp | 104.80 | +0.38 % | +2.49 % | |||
| 15 years | -0.278% | -8.1 bp | -18.3 bp | 104.26 | +1.22 % | +2.78 % | |||
| 20 years | -0.232% | -9.7 bp | -29.6 bp | 104.75 | +1.96 % | +6.10 % | |||
| 25 years | -0.132% | -8.6 bp | -31.8 bp | 103.36 | +2.17 % | +8.28 % | |||
| 30 years | -0.028% | -8.3 bp | -31.9 bp | 100.84 | +2.52 % | +10.03 % | |||
10Y Bond Yield Spread - Germany vs Main Countries
The Germany 10Y Government Bond has a -0.468% 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.
Clicking on the "Full Country Comparison" link, you can perform a full check of available data and see the differences between the countries.
| Germany 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| France 10Y | -31.3 bp | +6.7 | -5.3 | ||
| Japan 10Y | -47.8 bp | -3.4 | -24.5 | ||
| United Kingdom 10Y | -60.4 bp | +3.0 | +25.9 | ||
| Spain 10Y | -87.1 bp | +8.9 | -18.9 | ||
| Canada 10Y | -97.6 bp | +0.3 | +80.4 | ||
| United States 10Y | -107.3 bp | +9.8 | +95.8 | ||
| Australia 10Y | -134.2 bp | +1.5 | +7.3 | ||
| Italy 10Y | -171.1 bp | +7.4 | -7.6 | ||
| China 10Y | -350.6 bp | -22.3 | -13.6 | ||
| India 10Y | -628.1 bp | -0.5 | +53.9 | ||
| Russia 10Y | -630.8 bp | -29.3 | +12.4 | ||
| Brazil 10Y | -692.5 bp | +12.1 | +14.1 |
Germany Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The overall yield is the current market yield. The highlighted column refers to the zero coupon bond.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 30 years | -0.028% | 100.84 | 130.97 | 191.24 | 251.50 | 311.76 | 372.02 | |
| 25 years | -0.132% | 103.36 | 128.79 | 179.66 | 230.53 | 281.40 | 332.26 | |
| 20 years | -0.232% | 104.75 | 125.25 | 166.24 | 207.23 | 248.22 | 289.22 | |
| 15 years | -0.278% | 104.26 | 119.60 | 150.28 | 180.96 | 211.64 | 242.31 | |
| 10 years | -0.468% | 104.80 | 115.07 | 135.59 | 156.11 | 176.64 | 197.16 | |
| 9 years | -0.535% | 104.95 | 114.19 | 132.68 | 151.17 | 169.67 | 188.16 | |
| 8 years | -0.595% | 104.89 | 113.11 | 129.55 | 145.98 | 162.42 | 178.86 | |
| 7 years | -0.609% | 104.37 | 111.54 | 125.89 | 140.24 | 154.58 | 168.93 | |
| 6 years | -0.676% | 104.15 | 110.30 | 122.59 | 134.88 | 147.17 | 159.45 | |
| 5 years | -0.671% | 103.42 | 108.53 | 118.73 | 128.93 | 139.14 | 149.34 | |
| 4 years | -0.711% | 102.90 | 106.97 | 115.11 | 123.26 | 131.40 | 139.54 | |
| 3 years | -0.718% | 102.19 | 105.23 | 111.32 | 117.40 | 123.49 | 129.58 | |
| 2 years | -0.689% | 101.39 | 103.41 | 107.45 | 111.50 | 115.54 | 119.58 | |
| 1 year | -0.596% | 100.60 | 101.61 | 103.62 | 105.63 | 107.64 | 109.65 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||