COUNTRY •
IRELAND
Last Update: 28 Jun 2022 5:23 GMT+0
The Ireland 10Y Government Bond has a 2.174% yield.
10 Years vs 2 Years bond spread is 118.8 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 0.00% (last modification in March 2016).
The Ireland credit rating is AA-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 17.20 and implied probability of default is 0.29%.
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 | ||||
| 6 months | -0.224% | -59.3 bp | +48.7 bp | 01 Jun | |||||
| 1 year | 0.820% | n.a. | +143.3 bp | 99.19 | n.a. | -1.42 % | 28 Jun | ||
| 2 years | 0.986% | +68.1 bp | n.a. | 98.06 | -1.34 % | n.a. | 28 Jun | ||
| 3 years | 1.179% | +64.0 bp | +176.6 bp | 96.54 | -1.89 % | -5.15 % | 28 Jun | ||
| 4 years | 1.348% | +58.0 bp | +178.1 bp | 94.78 | -2.28 % | -6.85 % | 28 Jun | ||
| 5 years | 1.593% | +69.0 bp | +195.2 bp | 92.40 | -3.35 % | -9.24 % | 28 Jun | ||
| 6 years | 1.724% | +65.2 bp | +196.6 bp | 90.25 | -3.78 % | -11.05 % | 28 Jun | ||
| 7 years | 1.760% | +60.0 bp | +192.4 bp | 88.50 | -4.05 % | -12.51 % | 28 Jun | ||
| 8 years | 1.761% | +51.5 bp | +181.6 bp | 86.97 | -3.97 % | -13.41 % | 28 Jun | ||
| 10 years | 2.174% | +57.4 bp | +199.9 bp | 80.65 | -5.47 % | -17.93 % | 28 Jun | ||
| 15 years | 2.379% | +64.1 bp | +195.3 bp | 70.28 | -8.99 % | -25.09 % | 28 Jun | ||
| 20 years | 2.478% | +52.8 bp | +186.8 bp | 61.29 | -9.81 % | -30.78 % | 28 Jun | ||
| 25 years | 2.521% | +54.7 bp | n.a. | 53.66 | -12.52 % | n.a. | 28 Jun | ||
| 30 years | 2.577% | +48.0 bp | +173.7 bp | 46.61 | -13.14 % | -40.10 % | 28 Jun | ||
Last Update: 28 Jun 2022 5:23 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 (0.00%) |
||||
|---|---|---|---|---|---|---|---|
| 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 2.577% | 257.7 bp | |||||
| 10 years | 2.174% | 217.4 bp | |||||
| 5 years | 1.593% | 159.3 bp | |||||
| 2 years | 0.986% | 98.6 bp | |||||
| 1 year | 0.820% | 82.0 bp | |||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | 16.6 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 60.7 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 118.8 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 | 0.00% |
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.
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| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 17.20 | +0.58 % | +1.18 % | +5.52 % | 0.29 % |
(*) 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 2.174% 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 | 194.5 bp | +56.8 bp | +182.9 bp | Compare | |
| Germany 10Y | 63.1 bp | +0.7 bp | +22.0 bp | Compare | |
| France 10Y | 9.9 bp | -0.7 bp | +5.5 bp | Compare | |
| United Kingdom 10Y | -21.3 bp | +11.1 bp | +53.5 bp | Compare | |
| Spain 10Y | -51.3 bp | -2.5 bp | -17.8 bp | Compare | |
| China 10Y | -67.8 bp | +47.2 bp | +196.7 bp | Compare | |
| United States 10Y | -100.7 bp | +13.6 bp | +30.2 bp | Compare | |
| Canada 10Y | -120.7 bp | -1.7 bp | +9.4 bp | Compare | |
| Italy 10Y | -144.5 bp | -14.9 bp | -52.5 bp | Compare | |
| Australia 10Y | -156.8 bp | +8.1 bp | -15.6 bp | Compare | |
| India 10Y | -527.3 bp | +47.7 bp | +103.0 bp | Compare | |
| Russia 10Y | -648.6 bp | +142.4 bp | +175.4 bp | Compare | |
| Brazil 10Y | -1060.8 bp | +22.5 bp | -7.6 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 | 2.577% | 46.61 | 67.33 | 108.76 | 150.20 | 191.63 | 233.07 | ||
| 25 years | 2.521% | 53.66 | 72.04 | 108.80 | 145.56 | 182.32 | 219.09 | ||
| 20 years | 2.478% | 61.29 | 76.91 | 108.15 | 139.40 | 170.64 | 201.88 | ||
| 15 years | 2.379% | 70.28 | 82.77 | 107.76 | 132.74 | 157.73 | 182.71 | ||
| 10 years | 2.174% | 80.65 | 89.55 | 107.35 | 125.16 | 142.96 | 160.76 | ||
| 8 years | 1.761% | 86.97 | 94.37 | 109.17 | 123.97 | 138.78 | 153.58 | ||
| 7 years | 1.760% | 88.50 | 95.04 | 108.10 | 121.16 | 134.23 | 147.29 | ||
| 6 years | 1.724% | 90.25 | 95.91 | 107.21 | 118.52 | 129.83 | 141.14 | ||
| 5 years | 1.593% | 92.40 | 97.17 | 106.71 | 116.25 | 125.79 | 135.33 | ||
| 4 years | 1.348% | 94.78 | 98.65 | 106.39 | 114.13 | 121.87 | 129.60 | ||
| 3 years | 1.179% | 96.54 | 99.48 | 105.34 | 111.20 | 117.06 | 122.92 | ||
| 2 years | 0.986% | 98.06 | 100.03 | 103.97 | 107.91 | 111.85 | 115.79 | ||
| 1 year | 0.820% | 99.19 | 100.18 | 102.16 | 104.15 | 106.13 | 108.11 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||