COUNTRY •
IRELAND
Last Update: 3 Oct 2022 11:15 GMT+0
The Ireland 10Y Government Bond has a 2.624% yield.
10 Years vs 2 Years bond spread is 85.1 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 1.25% (last modification in September 2022).
The Ireland credit rating is AA-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 18.40 and implied probability of default is 0.31%.
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 | ||||
| 3 months | 0.665% | +41.5 bp | +129.3 bp | 03 Oct | |||||
| 6 months | 1.058% | +45.5 bp | +166.6 bp | 03 Oct | |||||
| 1 year | 1.240% | +89.1 bp | +160.2 bp | 98.78 | -0.87 % | -1.57 % | 03 Oct | ||
| 2 years | 1.773% | +67.6 bp | n.a. | 96.55 | -1.32 % | n.a. | 03 Oct | ||
| 3 years | 1.875% | +55.4 bp | +153.2 bp | 94.58 | -1.62 % | -4.45 % | 03 Oct | ||
| 4 years | 1.942% | +52.3 bp | +146.1 bp | 92.59 | -2.04 % | -5.62 % | 03 Oct | ||
| 5 years | 2.128% | +49.2 bp | +151.5 bp | 90.01 | -2.39 % | -7.20 % | 03 Oct | ||
| 6 years | 2.267% | +52.7 bp | +152.3 bp | 87.42 | -3.05 % | -8.60 % | 03 Oct | ||
| 7 years | 2.311% | +49.6 bp | +148.6 bp | 85.22 | -3.35 % | -9.73 % | 03 Oct | ||
| 8 years | 2.401% | +58.1 bp | +155.7 bp | 82.71 | -4.45 % | -11.54 % | 03 Oct | ||
| 10 years | 2.624% | +47.1 bp | +149.9 bp | 77.18 | -4.49 % | -13.69 % | 03 Oct | ||
| 15 years | 2.832% | +48.4 bp | +157.7 bp | 65.78 | -6.83 % | -20.69 % | 03 Oct | ||
| 20 years | 2.976% | +45.9 bp | +164.8 bp | 55.63 | -8.55 % | -27.57 % | 03 Oct | ||
| 25 years | 2.959% | +43.4 bp | n.a. | 48.24 | -10.02 % | n.a. | 03 Oct | ||
| 30 years | 2.930% | +29.8 bp | +147.3 bp | 42.05 | -8.33 % | -35.10 % | 03 Oct | ||
Last Update: 3 Oct 2022 11:15 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 (1.25%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 2.930% | 168.0 bp | ||||||
| 10 years | 2.624% | 137.4 bp | ||||||
| 5 years | 2.128% | 87.8 bp | ||||||
| 2 years | 1.773% | 52.3 bp | ||||||
| 1 year | 1.240% | -1.0 bp | ||||||
| 3 months | 0.665% | -58.5 bp | ||||||
Focusing on 2 years Government Bond:
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| 2Y vs 1Y | 53.3 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 35.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 85.1 bp | Normal Convexity 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-
|
- |
| 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 | 1.25% |
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.
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| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 18.40 | 0.00 % | -0.54 % | +27.78 % | 0.31 % |
(*) 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 2.624% 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 | 238.3 bp | +46.7 bp | +147.6 bp | Compare | |
| Germany 10Y | 57.9 bp | -6.6 bp | +1.2 bp | Compare | |
| France 10Y | -3.4 bp | -5.2 bp | -13.1 bp | Compare | |
| China 10Y | -15.8 bp | +32.5 bp | +153.9 bp | Compare | |
| Canada 10Y | -53.4 bp | +40.8 bp | +79.2 bp | Compare | |
| Spain 10Y | -61.3 bp | -9.1 bp | -25.0 bp | Compare | |
| United States 10Y | -112.8 bp | -8.8 bp | +13.6 bp | Compare | |
| Australia 10Y | -126.3 bp | +22.4 bp | +44.6 bp | Compare | |
| United Kingdom 10Y | -142.0 bp | -67.2 bp | -92.3 bp | Compare | |
| Italy 10Y | -185.5 bp | -20.7 bp | -88.3 bp | Compare | |
| India 10Y | -482.4 bp | +25.5 bp | +89.4 bp | Compare | |
| Russia 10Y | -749.1 bp | -29.4 bp | +264.4 bp | Compare | |
| Brazil 10Y | -933.9 bp | +53.2 bp | +50.8 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 | 2.930% | 42.05 | 61.83 | 101.38 | 140.94 | 180.50 | 220.06 | ||
| 25 years | 2.959% | 48.24 | 65.73 | 100.72 | 135.70 | 170.69 | 205.68 | ||
| 20 years | 2.976% | 55.63 | 70.54 | 100.36 | 130.18 | 160.00 | 189.82 | ||
| 15 years | 2.832% | 65.78 | 77.86 | 102.03 | 126.20 | 150.37 | 174.54 | ||
| 10 years | 2.624% | 77.18 | 85.88 | 103.27 | 120.66 | 138.05 | 155.45 | ||
| 8 years | 2.401% | 82.71 | 89.91 | 104.31 | 118.71 | 133.12 | 147.52 | ||
| 7 years | 2.311% | 85.22 | 91.62 | 104.41 | 117.20 | 129.99 | 142.78 | ||
| 6 years | 2.267% | 87.42 | 92.97 | 104.07 | 115.17 | 126.27 | 137.38 | ||
| 5 years | 2.128% | 90.01 | 94.70 | 104.09 | 113.49 | 122.88 | 132.27 | ||
| 4 years | 1.942% | 92.59 | 96.41 | 104.03 | 111.66 | 119.29 | 126.91 | ||
| 3 years | 1.875% | 94.58 | 97.47 | 103.25 | 109.03 | 114.82 | 120.60 | ||
| 2 years | 1.773% | 96.55 | 98.49 | 102.39 | 106.29 | 110.18 | 114.08 | ||
| 1 year | 1.240% | 98.78 | 99.76 | 101.74 | 103.71 | 105.69 | 107.66 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||