COUNTRY •
GREECE
Last Update: 27 Mar 2023 23:23 GMT+0
The Greece 10Y Government Bond has a 4.190% yield.
10 Years vs 2 Years bond spread is 99.8 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.50% (last modification in March 2023).
The Greece credit rating is BB+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 92.63 and implied probability of default is 1.54%.
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 | 18.018% | +1440.7 bp | +1673.9 bp | 27 Mar | |||||
| 3 months | 3.736% | +38.1 bp | +236.9 bp | 27 Mar | |||||
| 6 months | 2.728% | +52.4 bp | +106.1 bp | 27 Mar | |||||
| 1 year | 3.277% | -37.2 bp | +188.6 bp | 96.83 | +0.36 % | -1.83 % | 27 Mar | ||
| 2 years | 3.192% | -24.7 bp | +43.0 bp | 93.91 | +0.48 % | -0.83 % | 27 Mar | ||
| 5 years | 3.640% | -21.4 bp | -55.5 bp | 83.63 | +1.04 % | +2.70 % | 27 Mar | ||
| 7 years | 3.816% | -30.1 bp | -55.4 bp | 76.94 | +2.04 % | +3.79 % | 27 Mar | ||
| 10 years | 4.190% | -29.2 bp | -66.1 bp | 66.33 | +2.84 % | +6.52 % | 27 Mar | ||
| 15 years | 4.268% | -32.4 bp | -69.2 bp | 53.42 | +4.77 % | +10.42 % | 27 Mar | ||
| 20 years | 4.255% | -33.9 bp | -53.4 bp | 43.46 | +6.70 % | +10.75 % | 27 Mar | ||
| 30 years | 4.315% | -21.8 bp | -44.8 bp | 28.16 | +6.47 % | +13.73 % | 27 Mar | ||
Last Update: 27 Mar 2023 23:23 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).
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (3.50%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 4.315% | 81.5 bp | ||||||
| 10 years | 4.190% | 69.0 bp | ||||||
| 5 years | 3.640% | 14.0 bp | ||||||
| 2 years | 3.192% | -30.8 bp | ||||||
| 1 year | 3.277% | -22.3 bp | ||||||
| 3 months | 3.736% | 23.6 bp | ||||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -8.5 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 44.8 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 99.8 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
|
positive |
| Fitch Ratings |
BB+
|
- |
| 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 | 3.50% |
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 | 92.63 | 0.00 % | 0.00 % | -32.58 % | 1.54 % |
(*) 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 4.190% 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 | 389.1 bp | -9.4 bp | -71.2 bp | Compare | |
| Germany 10Y | 196.7 bp | +12.0 bp | -76.5 bp | Compare | |
| France 10Y | 142.1 bp | +3.6 bp | -70.3 bp | Compare | |
| China 10Y | 131.6 bp | -23.8 bp | -78.9 bp | Compare | |
| Canada 10Y | 127.0 bp | +15.6 bp | -49.4 bp | Compare | |
| Australia 10Y | 89.3 bp | +29.4 bp | -2.1 bp | Compare | |
| Spain 10Y | 88.2 bp | +5.5 bp | -64.3 bp | Compare | |
| United Kingdom 10Y | 80.7 bp | +19.5 bp | -3.4 bp | Compare | |
| United States 10Y | 64.7 bp | +9.5 bp | -47.1 bp | Compare | |
| Italy 10Y | 10.9 bp | +7.6 bp | -15.7 bp | Compare | |
| India 10Y | -312.2 bp | -14.7 bp | -64.0 bp | Compare | |
| Russia 10Y | -610.0 bp | +39.8 bp | -108.1 bp | Compare | |
| Brazil 10Y | -874.9 bp | +3.0 bp | -152.6 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 | 4.315% | 28.16 | 44.81 | 78.11 | 111.40 | 144.70 | 178.00 | ||
| 20 years | 4.255% | 43.46 | 56.75 | 83.32 | 109.90 | 136.48 | 163.05 | ||
| 15 years | 4.268% | 53.42 | 64.34 | 86.16 | 107.99 | 129.81 | 151.64 | ||
| 10 years | 4.190% | 66.33 | 74.37 | 90.44 | 106.51 | 122.58 | 138.65 | ||
| 7 years | 3.816% | 76.94 | 82.98 | 95.07 | 107.16 | 119.24 | 131.33 | ||
| 5 years | 3.640% | 83.63 | 88.13 | 97.12 | 106.12 | 115.11 | 124.11 | ||
| 2 years | 3.192% | 93.91 | 95.82 | 99.63 | 103.45 | 107.27 | 111.08 | ||
| 1 year | 3.277% | 96.83 | 97.80 | 99.73 | 101.67 | 103.60 | 105.54 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||