COUNTRY •
IRELAND
Last Update: 9 Feb 2023 0:23 GMT+0
The Ireland 10Y Government Bond has a 2.771% yield.
10 Years vs 2 Years bond spread is 13.3 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.00% (last modification in February 2023).
The Ireland credit rating is AA-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 14.85 and implied probability of default is 0.25%.
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 year | 2.753% | +44.1 bp | +233.3 bp | 97.32 | -0.43 % | -2.27 % | 09 Feb | ||
| 2 years | 2.638% | -1.0 bp | +193.0 bp | 94.93 | +0.02 % | -3.72 % | 09 Feb | ||
| 3 years | 2.555% | -3.6 bp | +173.4 bp | 92.71 | +0.11 % | -4.99 % | 09 Feb | ||
| 4 years | 2.611% | +15.0 bp | +175.7 bp | 90.20 | -0.58 % | -6.68 % | 09 Feb | ||
| 5 years | 2.621% | +5.3 bp | +166.0 bp | 87.87 | -0.25 % | -7.83 % | 09 Feb | ||
| 6 years | 2.684% | +12.0 bp | +159.3 bp | 85.31 | -0.70 % | -8.95 % | 09 Feb | ||
| 7 years | 2.637% | +3.0 bp | +148.0 bp | 83.34 | -0.20 % | -9.67 % | 09 Feb | ||
| 8 years | 2.662% | +4.3 bp | +144.0 bp | 81.04 | -0.34 % | -10.69 % | 09 Feb | ||
| 9 years | 2.785% | n.a. | n.a. | 78.10 | n.a. | n.a. | 08 Feb | ||
| 10 years | 2.771% | +5.4 bp | +123.1 bp | 76.08 | -0.54 % | -11.36 % | 09 Feb | ||
| 15 years | 3.083% | +9.0 bp | +132.3 bp | 63.42 | -1.29 % | -17.60 % | 09 Feb | ||
| 20 years | 3.077% | +5.0 bp | +115.8 bp | 54.55 | -0.96 % | -20.21 % | 09 Feb | ||
| 25 years | 3.180% | +12.4 bp | +121.4 bp | 45.72 | -2.97 % | -25.61 % | 09 Feb | ||
| 30 years | 3.105% | +18.0 bp | +103.6 bp | 39.96 | -5.11 % | -26.14 % | 09 Feb | ||
Last Update: 9 Feb 2023 0:23 GMT+0
Ireland 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 (3.00%) |
||||
|---|---|---|---|---|---|---|---|
| 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 3.105% | 10.5 bp | |||||
| 10 years | 2.771% | -22.9 bp | |||||
| 5 years | 2.621% | -37.9 bp | |||||
| 2 years | 2.638% | -36.2 bp | |||||
| 1 year | 2.753% | -24.7 bp | |||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -11.5 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -1.7 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 13.3 bp | Yield Curve is flat in Long-Term vs Short-Term Maturities |
Readings that may interest you
Ireland 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
Ireland Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA-
|
positive |
| Moody's Investors Service |
A1
|
positive |
| Fitch Ratings |
AA-
|
- |
| DBRS |
AA (low)
|
- |
Ireland 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 | 3.00% |
Ireland 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.
If data are not all visible, swipe table left
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 14.85 | 0.00 % | 0.00 % | +1.73 % | 0.25 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
Ireland 10Y Bond Yield Spread
The Ireland 10Y Government Bond has a 2.771% 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
| Ireland 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 228.3 bp | +6.4 bp | +91.1 bp | Compare | |
| Germany 10Y | 40.9 bp | -7.5 bp | -21.1 bp | Compare | |
| France 10Y | -3.5 bp | -1.6 bp | -9.8 bp | Compare | |
| China 10Y | -14.8 bp | +4.0 bp | +106.0 bp | Compare | |
| Canada 10Y | -26.5 bp | +12.3 bp | +90.6 bp | Compare | |
| United Kingdom 10Y | -56.4 bp | +25.1 bp | -11.3 bp | Compare | |
| Spain 10Y | -59.9 bp | -3.6 bp | -7.6 bp | Compare | |
| United States 10Y | -82.7 bp | -1.6 bp | +41.9 bp | Compare | |
| Australia 10Y | -83.6 bp | +14.8 bp | +85.0 bp | Compare | |
| Italy 10Y | -143.8 bp | +3.8 bp | +10.0 bp | Compare | |
| India 10Y | -457.3 bp | +5.2 bp | +123.5 bp | Compare | |
| Russia 10Y | -790.9 bp | -28.6 bp | -39.9 bp | Compare | |
| Brazil 10Y | -1053.5 bp | -25.0 bp | +6.4 bp | Compare |
Ireland 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 | 3.105% | 39.96 | 59.30 | 97.97 | 136.64 | 175.32 | 213.99 | ||
| 25 years | 3.180% | 45.72 | 62.79 | 96.93 | 131.07 | 165.20 | 199.34 | ||
| 20 years | 3.077% | 54.55 | 69.32 | 98.86 | 128.41 | 157.95 | 187.50 | ||
| 15 years | 3.083% | 63.42 | 75.28 | 99.02 | 122.75 | 146.48 | 170.21 | ||
| 10 years | 2.771% | 76.08 | 84.71 | 101.98 | 119.24 | 136.50 | 153.76 | ||
| 9 years | 2.785% | 78.10 | 85.96 | 101.69 | 117.42 | 133.15 | 148.88 | ||
| 8 years | 2.662% | 81.04 | 88.17 | 102.41 | 116.65 | 130.89 | 145.13 | ||
| 7 years | 2.637% | 83.34 | 89.66 | 102.29 | 114.93 | 127.56 | 140.19 | ||
| 6 years | 2.684% | 85.31 | 90.78 | 101.73 | 112.68 | 123.63 | 134.58 | ||
| 5 years | 2.621% | 87.87 | 92.50 | 101.75 | 111.01 | 120.27 | 129.53 | ||
| 4 years | 2.611% | 90.20 | 93.96 | 101.46 | 108.96 | 116.47 | 123.97 | ||
| 3 years | 2.555% | 92.71 | 95.56 | 101.27 | 106.98 | 112.68 | 118.39 | ||
| 2 years | 2.638% | 94.93 | 96.85 | 100.70 | 104.54 | 108.39 | 112.24 | ||
| 1 year | 2.753% | 97.32 | 98.29 | 100.24 | 102.19 | 104.13 | 106.08 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||