COUNTRY •
ICELAND
Last Update: 23 Mar 2023 18:23 GMT+0
The Iceland 10Y Government Bond has a 7.198% yield.
10 Years vs 2 Years bond spread is -110.4 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 7.50% (last modification in March 2023).
The Iceland credit rating is A, according to Standard & Poor's agency.
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Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
2 years | 8.302% | +38.4 bp | +196.7 bp | 85.26 | -0.70 % | -3.60 % | 23 Mar | ||
5 years | 8.101% | +14.5 bp | +184.6 bp | 67.74 | -0.67 % | -8.25 % | 23 Mar | ||
10 years | 7.198% | +15.3 bp | +122.7 bp | 49.90 | -1.42 % | -10.88 % | 23 Mar |
Last Update: 23 Mar 2023 18:23 GMT+0
Iceland 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 (7.50%) |
||
---|---|---|---|---|---|
2 years | 5 years | ||||
10 years | 7.198% | -30.2 bp | |||
5 years | 8.101% | 60.1 bp | |||
2 years | 8.302% | 80.2 bp |
Focusing on 2 years Government Bond:
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5Y vs 2Y | -20.1 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | -110.4 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities |
Readings that may interest you
Iceland 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
Iceland Credit Ratings History
Rating Agency | Rating | Outlook |
---|---|---|
Standard & Poor's |
A
|
- |
Moody's Investors Service |
A2
|
- |
Fitch Ratings |
A
|
- |
DBRS |
-
|
- |
Iceland 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 | 7.50% |
Iceland 10Y Bond Yield Spread
The Iceland 10Y Government Bond has a 7.198% 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.
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Iceland 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 689.9 bp | +35.4 bp | +116.3 bp | Compare | |
Germany 10Y | 501.9 bp | +44.1 bp | +107.8 bp | Compare | |
France 10Y | 449.1 bp | +38.8 bp | +112.0 bp | Compare | |
Canada 10Y | 441.2 bp | +72.8 bp | +152.1 bp | Compare | |
China 10Y | 431.2 bp | +20.8 bp | +103.4 bp | Compare | |
Spain 10Y | 396.8 bp | +43.3 bp | +117.8 bp | Compare | |
Australia 10Y | 390.9 bp | +74.9 bp | +187.1 bp | Compare | |
United Kingdom 10Y | 381.5 bp | +35.3 bp | +165.6 bp | Compare | |
United States 10Y | 376.8 bp | +60.9 bp | +149.2 bp | Compare | |
Italy 10Y | 314.9 bp | +49.1 bp | +151.0 bp | Compare | |
India 10Y | -14.7 bp | +19.9 bp | +127.5 bp | Compare | |
Russia 10Y | -393.7 bp | -0.2 bp | +79.2 bp | Compare | |
Brazil 10Y | -587.5 bp | +44.1 bp | -12.3 bp | Compare |
Iceland 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.
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