COUNTRY •
ISRAEL
Last Update: 27 Sep 2023 14:15 GMT+0
The Israel 10Y Government Bond has a 4.190% yield.
10 Years vs 2 Years bond spread is -38.6 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 4.75% (last modification in May 2023).
The Israel credit rating is AA-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 57.23 and implied probability of default is 0.95%.
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 month | 4.746% | +39.3 bp | +54.6 bp | 27 Sep | |||||
| 3 months | 4.759% | +7.0 bp | +30.4 bp | 27 Sep | |||||
| 6 months | 4.790% | +0.8 bp | +23.6 bp | 27 Sep | |||||
| 9 months | 4.781% | -0.2 bp | +18.7 bp | 27 Sep | |||||
| 1 year | 4.793% | +2.4 bp | +21.1 bp | 95.43 | -0.02 % | -0.20 % | 27 Sep | ||
| 2 years | 4.576% | +19.5 bp | +48.1 bp | 91.44 | -0.37 % | -0.92 % | 27 Sep | ||
| 3 years | 4.554% | +24.1 bp | +50.3 bp | 87.49 | -0.69 % | -1.44 % | 27 Sep | ||
| 5 years | 4.159% | +27.1 bp | +35.9 bp | 81.57 | -1.29 % | -1.71 % | 27 Sep | ||
| 10 years | 4.190% | +28.3 bp | +42.7 bp | 66.33 | -2.68 % | -4.04 % | 27 Sep | ||
| 20 years | 4.312% | +23.3 bp | +31.9 bp | 42.98 | -4.38 % | -5.95 % | 27 Sep | ||
| 30 years | 4.519% | +23.3 bp | +31.8 bp | 26.55 | -6.48 % | -8.76 % | 27 Sep | ||
Last Update: 27 Sep 2023 14:15 GMT+0
Israel 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 (4.75%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 4.519% | -23.1 bp | ||||||
| 10 years | 4.190% | -56.0 bp | ||||||
| 5 years | 4.159% | -59.1 bp | ||||||
| 2 years | 4.576% | -17.4 bp | ||||||
| 1 year | 4.793% | 4.3 bp | ||||||
| 3 months | 4.759% | 0.9 bp | ||||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -21.7 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -41.7 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -38.6 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities |
Readings that may interest you
Israel 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
Israel Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AA-
|
- |
| Moody's Investors Service |
A1
|
- |
| Fitch Ratings |
A+
|
- |
| DBRS |
-
|
- |
Israel 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 | 4.75% |
Israel 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 | 57.23 | 0.00 % | +2.12 % | +1.11 % | 0.95 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
Israel 10Y Bond Yield Spread
The Israel 10Y Government Bond has a 4.190% 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
| Israel 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 346.8 bp | +21.2 bp | +0.4 bp | Compare | |
| China 10Y | 146.3 bp | +13.8 bp | +57.4 bp | Compare | |
| Germany 10Y | 133.2 bp | -1.9 bp | -20.8 bp | Compare | |
| France 10Y | 77.1 bp | -4.7 bp | -22.3 bp | Compare | |
| Spain 10Y | 22.9 bp | -9.9 bp | -22.6 bp | Compare | |
| Canada 10Y | 6.1 bp | -10.9 bp | -78.2 bp | Compare | |
| United Kingdom 10Y | -18.5 bp | +35.1 bp | -56.5 bp | Compare | |
| Australia 10Y | -27.9 bp | -4.4 bp | -74.5 bp | Compare | |
| United States 10Y | -42.8 bp | -9.0 bp | -64.8 bp | Compare | |
| Italy 10Y | -59.6 bp | -27.1 bp | -27.8 bp | Compare | |
| India 10Y | -298.4 bp | +31.5 bp | +56.5 bp | Compare | |
| Brazil 10Y | -758.4 bp | -37.9 bp | +159.2 bp | Compare | |
| Russia 10Y | -854.0 bp | -50.7 bp | -201.3 bp | Compare |
Israel 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 | 4.519% | 26.55 | 42.81 | 75.31 | 107.82 | 140.32 | 172.83 | ||
| 20 years | 4.312% | 42.98 | 56.21 | 82.65 | 109.10 | 135.54 | 161.99 | ||
| 10 years | 4.190% | 66.33 | 74.37 | 90.44 | 106.51 | 122.58 | 138.65 | ||
| 5 years | 4.159% | 81.57 | 86.00 | 94.86 | 103.73 | 112.59 | 121.46 | ||
| 3 years | 4.554% | 87.49 | 90.24 | 95.73 | 101.22 | 106.72 | 112.21 | ||
| 2 years | 4.576% | 91.44 | 93.31 | 97.05 | 100.79 | 104.53 | 108.28 | ||
| 1 year | 4.793% | 95.43 | 96.38 | 98.29 | 100.20 | 102.11 | 104.01 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||