Last Update: 25 Jan 2020 5:15 GMT+0
The India 10Y Government Bond has a 6.578% yield.
10 Years vs 2 Years bond spread is 87.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 5.15% (last modification in October 2019).
The India credit rating is BBB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 63.10 and implied probability of default is 1.05%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 25.5 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 67.6 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 87.5 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BBB-
|
- |
| Moody's Investors Service |
Baa2
|
negative |
| Fitch Ratings |
BBB-
|
- |
| DBRS |
BBB
|
- |
| India Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 5.15% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 63.10 | +3.60 % | -7.67 % | -41.25 % | 1.05 % |
India 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 | 5.120% | +10.0 bp | -62.0 bp | ||||||
| 6 months | 5.200% | 0.0 bp | -67.0 bp | ||||||
| 1 year | 5.448% | -11.7 bp | -52.1 bp | 94.83 | +0.11 % | +0.49 % | |||
| 2 years | 5.703% | -10.6 bp | -38.2 bp | 89.50 | +0.20 % | +0.72 % | |||
| 3 years | 6.225% | -5.4 bp | -9.1 bp | 83.43 | +0.16 % | +0.25 % | |||
| 4 years | 6.358% | -5.3 bp | -0.4 bp | 78.15 | +0.21 % | +0.01 % | |||
| 5 years | 6.379% | -5.6 bp | -9.2 bp | 73.40 | +0.26 % | +0.42 % | |||
| 6 years | 6.564% | -7.5 bp | -13.5 bp | 68.29 | +0.43 % | +0.77 % | |||
| 7 years | 6.828% | -5.2 bp | +12.8 bp | 62.98 | +0.33 % | -0.83 % | |||
| 8 years | 6.815% | -6.5 bp | -1.6 bp | 59.01 | +0.48 % | +0.12 % | |||
| 9 years | 6.801% | +0.3 bp | +7.3 bp | 55.31 | -0.04 % | -0.61 % | |||
| 10 years | 6.578% | +0.7 bp | +6.4 bp | 52.88 | -0.08 % | -0.60 % | |||
| 11 years | 6.941% | -10.9 bp | +15.4 bp | 47.80 | +1.12 % | -1.57 % | |||
| 12 years | 6.889% | -3.6 bp | +0.8 bp | 44.96 | +0.40 % | -0.09 % | |||
| 13 years | 7.058% | +4.4 bp | +16.4 bp | 41.21 | -0.53 % | -1.95 % | |||
| 14 years | 6.972% | -0.7 bp | +11.6 bp | 38.92 | +0.08 % | -1.52 % | |||
| 15 years | 7.044% | +1.1 bp | +14.4 bp | 36.02 | -0.17 % | -2.01 % | |||
| 19 years | 7.039% | 0.0 bp | +18.1 bp | 27.46 | 0.00 % | -3.17 % | |||
| 24 years | 7.124% | -2.3 bp | +25.9 bp | 19.17 | +0.47 % | -5.66 % | |||
| 30 years | 7.123% | +1.2 bp | +35.1 bp | 12.69 | -0.31 % | -9.36 % | |||
10Y Bond Yield Spread - India vs Main Countries
The India 10Y Government Bond has a 6.578% 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.
| India 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Germany 10Y | 691.7 bp | +10.1 | +3.3 | ||
| France 10Y | 665.9 bp | +14.7 | +4.1 | ||
| Japan 10Y | 658.8 bp | -0.6 | -7.8 | ||
| Spain 10Y | 623.5 bp | +8.6 | +9.7 | ||
| United Kingdom 10Y | 601.1 bp | +21.0 | +19.5 | ||
| Australia 10Y | 551.7 bp | +25.2 | +24.3 | ||
| Italy 10Y | 535.3 bp | +21.2 | +35.1 | ||
| Canada 10Y | 521.3 bp | +25.9 | +16.3 | ||
| United States 10Y | 489.2 bp | +22.4 | +45.6 | ||
| China 10Y | 354.4 bp | +16.2 | +21.2 | ||
| Russia 10Y | 37.3 bp | +12.7 | +107.9 | ||
| Brazil 10Y | -11.9 bp | +24.7 | +62.7 |
India 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 | 7.123% | 12.69 | 24.95 | 49.46 | 73.98 | 98.49 | 123.01 | |
| 24 years | 7.124% | 19.17 | 30.52 | 53.21 | 75.90 | 98.59 | 121.28 | |
| 19 years | 7.039% | 27.46 | 37.77 | 58.38 | 78.99 | 99.60 | 120.21 | |
| 15 years | 7.044% | 36.02 | 45.10 | 63.27 | 81.44 | 99.60 | 117.77 | |
| 14 years | 6.972% | 38.92 | 47.68 | 65.20 | 82.72 | 100.25 | 117.77 | |
| 13 years | 7.058% | 41.21 | 49.54 | 66.20 | 82.86 | 99.52 | 116.18 | |
| 12 years | 6.889% | 44.96 | 52.95 | 68.93 | 84.91 | 100.89 | 116.87 | |
| 11 years | 6.941% | 47.80 | 55.32 | 70.36 | 85.40 | 100.44 | 115.49 | |
| 10 years | 6.578% | 52.88 | 60.05 | 74.37 | 88.70 | 103.02 | 117.35 | |
| 9 years | 6.801% | 55.31 | 61.88 | 75.02 | 88.17 | 101.31 | 114.45 | |
| 8 years | 6.815% | 59.01 | 65.03 | 77.06 | 89.08 | 101.11 | 113.14 | |
| 7 years | 6.828% | 62.98 | 68.40 | 79.25 | 90.09 | 100.93 | 111.78 | |
| 6 years | 6.564% | 68.29 | 73.12 | 82.78 | 92.44 | 102.11 | 111.77 | |
| 5 years | 6.379% | 73.40 | 77.57 | 85.91 | 94.25 | 102.59 | 110.93 | |
| 4 years | 6.358% | 78.15 | 81.59 | 88.46 | 95.33 | 102.21 | 109.08 | |
| 3 years | 6.225% | 83.43 | 86.09 | 91.42 | 96.74 | 102.06 | 107.39 | |
| 2 years | 5.703% | 89.50 | 91.34 | 95.02 | 98.71 | 102.39 | 106.07 | |
| 1 year | 5.448% | 94.83 | 95.78 | 97.68 | 99.58 | 101.47 | 103.37 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||