Last Update: 12 Apr 2021 22:15 GMT+0
The India 10Y Government Bond has a 6.011% yield.
10 Years vs 2 Years bond spread is 135.9 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 4.00% (last modification in May 2020).
The India credit rating is BBB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 107.14 and implied probability of default is 1.79%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 44.4 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 93.7 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 135.9 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BBB-
|
- |
| Moody's Investors Service |
Baa3
|
negative |
| Fitch Ratings |
BBB-
|
negative |
| DBRS |
BBB
|
negative |
| India Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 4.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 107.14 | +7.66 % | +20.00 % | +44.80 % | 1.79 % |
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 | 3.350% | +5.0 bp | +6.0 bp | ||||||
| 6 months | 3.600% | +7.0 bp | +17.0 bp | ||||||
| 1 year | 4.208% | +6.5 bp | +61.9 bp | 95.96 | -0.06 % | -0.60 % | |||
| 2 years | 4.652% | -13.9 bp | +38.9 bp | 91.31 | +0.26 % | -0.74 % | |||
| 3 years | 4.908% | -19.5 bp | +15.6 bp | 86.61 | +0.56 % | -0.45 % | |||
| 4 years | 5.520% | -25.6 bp | +48.4 bp | 80.66 | +0.98 % | -1.83 % | |||
| 5 years | 5.589% | -28.3 bp | +42.8 bp | 76.19 | +1.34 % | -2.01 % | |||
| 6 years | 6.091% | -28.0 bp | +28.6 bp | 70.13 | +1.59 % | -1.61 % | |||
| 7 years | 6.241% | -24.6 bp | +36.7 bp | 65.46 | +1.63 % | -2.39 % | |||
| 8 years | 6.298% | -31.4 bp | +28.4 bp | 61.35 | +2.39 % | -2.11 % | |||
| 9 years | 6.232% | -17.4 bp | +23.2 bp | 58.04 | +1.49 % | -1.94 % | |||
| 10 years | 6.011% | -22.1 bp | +11.2 bp | 55.78 | +2.11 % | -1.05 % | |||
| 11 years | 6.504% | -20.0 bp | +34.0 bp | 50.00 | +2.08 % | -3.46 % | |||
| 12 years | 6.628% | -18.9 bp | +30.7 bp | 46.30 | +2.16 % | -3.40 % | |||
| 13 years | 6.616% | -10.0 bp | +32.9 bp | 43.48 | +1.21 % | -3.93 % | |||
| 14 years | 6.612% | -25.6 bp | +37.9 bp | 40.81 | +3.42 % | -4.85 % | |||
| 15 years | 6.740% | -15.4 bp | +39.7 bp | 37.59 | +2.17 % | -5.43 % | |||
| 19 years | 6.791% | -19.5 bp | +26.7 bp | 28.70 | +3.54 % | -4.65 % | |||
| 24 years | 6.808% | -20.7 bp | +2.9 bp | 20.58 | +4.73 % | -0.68 % | |||
| 30 years | 6.771% | -11.5 bp | +7.4 bp | 14.01 | +3.32 % | -2.03 % | |||
10Y Bond Yield Spread - India vs Main Countries
The India 10Y Government Bond has a 6.011% 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 | 630.3 bp | -23.7 | -14.2 | ||
| France 10Y | 604.5 bp | -25.5 | -13.9 | ||
| Japan 10Y | 590.7 bp | -21.5 | +3.4 | ||
| Spain 10Y | 562.4 bp | -27.6 | -12.9 | ||
| Italy 10Y | 527.6 bp | -32.9 | +5.0 | ||
| United Kingdom 10Y | 522.3 bp | -18.3 | -40.3 | ||
| Canada 10Y | 449.7 bp | -14.0 | -77.3 | ||
| United States 10Y | 434.2 bp | -26.5 | -77.8 | ||
| Australia 10Y | 427.5 bp | -13.8 | -77.0 | ||
| China 10Y | 279.0 bp | -16.0 | +10.1 | ||
| Russia 10Y | -130.4 bp | -75.1 | -122.8 | ||
| Brazil 10Y | -310.8 bp | -71.9 | -136.5 |
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 | 6.771% | 14.01 | 26.71 | 52.11 | 77.51 | 102.91 | 128.31 | |
| 24 years | 6.808% | 20.58 | 32.25 | 55.58 | 78.91 | 102.24 | 125.57 | |
| 19 years | 6.791% | 28.70 | 39.20 | 60.20 | 81.20 | 102.19 | 123.19 | |
| 15 years | 6.740% | 37.59 | 46.85 | 65.37 | 83.89 | 102.41 | 120.93 | |
| 14 years | 6.612% | 40.81 | 49.76 | 67.66 | 85.57 | 103.47 | 121.38 | |
| 13 years | 6.616% | 43.48 | 52.02 | 69.11 | 86.20 | 103.28 | 120.37 | |
| 12 years | 6.628% | 46.30 | 54.40 | 70.60 | 86.81 | 103.01 | 119.22 | |
| 11 years | 6.504% | 50.00 | 57.69 | 73.06 | 88.44 | 103.81 | 119.19 | |
| 10 years | 6.011% | 55.78 | 63.14 | 77.85 | 92.56 | 107.28 | 121.99 | |
| 9 years | 6.232% | 58.04 | 64.77 | 78.24 | 91.70 | 105.17 | 118.64 | |
| 8 years | 6.298% | 61.35 | 67.49 | 79.76 | 92.03 | 104.31 | 116.58 | |
| 7 years | 6.241% | 65.46 | 70.99 | 82.06 | 93.13 | 104.20 | 115.27 | |
| 6 years | 6.091% | 70.13 | 75.04 | 84.84 | 94.65 | 104.46 | 114.26 | |
| 5 years | 5.589% | 76.19 | 80.45 | 88.97 | 97.49 | 106.01 | 114.53 | |
| 4 years | 5.520% | 80.66 | 84.16 | 91.17 | 98.18 | 105.19 | 112.19 | |
| 3 years | 4.908% | 86.61 | 89.34 | 94.80 | 100.25 | 105.71 | 111.16 | |
| 2 years | 4.652% | 91.31 | 93.18 | 96.91 | 100.65 | 104.39 | 108.12 | |
| 1 year | 4.208% | 95.96 | 96.92 | 98.84 | 100.76 | 102.68 | 104.60 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||