COUNTRY •
GREECE
Last Update: 28 Jun 2022 11:23 GMT+0
The Greece 10Y Government Bond has a 3.875% yield.
10 Years vs 2 Years bond spread is 219.4 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 0.00% (last modification in March 2016).
The Greece credit rating is BB+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 165.80 and implied probability of default is 2.76%.
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 month | 0.497% | +14.8 bp | +103.2 bp | 28 Jun | |||||
| 3 months | 0.627% | +41.3 bp | +107.6 bp | 28 Jun | |||||
| 6 months | 1.003% | +90.9 bp | +146.8 bp | 28 Jun | |||||
| 1 year | 3.261% | +302.9 bp | n.a. | 96.84 | -2.94 % | n.a. | 28 Jun | ||
| 2 years | 1.681% | +19.2 bp | n.a. | 96.72 | -0.38 % | n.a. | 28 Jun | ||
| 5 years | 2.779% | +34.2 bp | +226.7 bp | 87.19 | -1.66 % | -10.56 % | 28 Jun | ||
| 7 years | 2.914% | +56.1 bp | n.a. | 81.79 | -3.75 % | n.a. | 28 Jun | ||
| 10 years | 3.875% | +36.6 bp | +256.0 bp | 68.37 | -3.47 % | -22.09 % | 28 Jun | ||
| 15 years | 4.122% | +38.3 bp | +266.3 bp | 54.56 | -5.38 % | -32.20 % | 28 Jun | ||
| 20 years | 3.813% | +25.8 bp | +268.5 bp | 47.31 | -4.87 % | -40.79 % | 28 Jun | ||
| 30 years | 4.373% | +44.6 bp | n.a. | 27.69 | -12.07 % | n.a. | 28 Jun | ||
Last Update: 28 Jun 2022 11:23 GMT+0
Greece 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 (0.00%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 4.373% | 437.3 bp | ||||||
| 10 years | 3.875% | 387.5 bp | ||||||
| 5 years | 2.779% | 277.9 bp | ||||||
| 2 years | 1.681% | 168.1 bp | ||||||
| 1 year | 3.261% | 326.1 bp | ||||||
| 3 months | 0.627% | 62.7 bp | ||||||
Focusing on 2 years Government Bond:
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| 2Y vs 1Y | -158 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 109.8 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 219.4 bp | Normal Convexity in Long-Term vs Short-Term Maturities |
Readings that may interest you
Greece 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
Greece Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB+
|
- |
| Moody's Investors Service |
Ba3
|
- |
| Fitch Ratings |
BB
|
positive |
| DBRS |
BB (high)
|
- |
Greece 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 | 0.00% |
Greece 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 | 165.80 | +4.08 % | +1.34 % | +120.19 % | 2.76 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
Greece 10Y Bond Yield Spread
The Greece 10Y Government Bond has a 3.875% 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
| Greece 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 364.5 bp | +35.9 bp | +238.9 bp | Compare | |
| Germany 10Y | 222.0 bp | -31.3 bp | +66.9 bp | Compare | |
| France 10Y | 168.4 bp | -33.1 bp | +50.0 bp | Compare | |
| United Kingdom 10Y | 138.8 bp | -19.7 bp | +99.6 bp | Compare | |
| Spain 10Y | 113.3 bp | -28.8 bp | +32.8 bp | Compare | |
| China 10Y | 101.8 bp | +25.9 bp | +252.3 bp | Compare | |
| United States 10Y | 62.6 bp | -14.0 bp | +79.5 bp | Compare | |
| Canada 10Y | 41.7 bp | -30.2 bp | +57.8 bp | Compare | |
| Italy 10Y | 19.1 bp | -42.2 bp | -2.9 bp | Compare | |
| Australia 10Y | 5.6 bp | -20.4 bp | +32.8 bp | Compare | |
| India 10Y | -358.2 bp | +25.9 bp | +158.1 bp | Compare | |
| Russia 10Y | -474.5 bp | +125.6 bp | +235.5 bp | Compare | |
| Brazil 10Y | -890.7 bp | +1.7 bp | +48.5 bp | Compare |
Greece 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 | 4.373% | 27.69 | 44.23 | 77.30 | 110.37 | 143.44 | 176.51 | ||
| 20 years | 3.813% | 47.31 | 61.13 | 88.77 | 116.40 | 144.04 | 171.67 | ||
| 15 years | 4.122% | 54.56 | 65.58 | 87.63 | 109.68 | 131.73 | 153.78 | ||
| 10 years | 3.875% | 68.37 | 76.54 | 92.86 | 109.18 | 125.51 | 141.83 | ||
| 7 years | 2.914% | 81.79 | 88.04 | 100.54 | 113.04 | 125.54 | 138.04 | ||
| 5 years | 2.779% | 87.19 | 91.80 | 101.02 | 110.24 | 119.45 | 128.67 | ||
| 2 years | 1.681% | 96.72 | 98.67 | 102.57 | 106.47 | 110.38 | 114.28 | ||
| 1 year | 3.261% | 96.84 | 97.81 | 99.75 | 101.68 | 103.62 | 105.56 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||