COUNTRY •
ISRAEL
Last Update: 23 Mar 2023 15:15 GMT+0
The Israel 10Y Government Bond has a 3.841% yield.
10 Years vs 2 Years bond spread is -32.3 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 4.25% (last modification in February 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 | 4.377% | 0.0 bp | +299.9 bp | 23 Mar | |||||
| 3 months | 4.459% | +17.1 bp | +269.1 bp | 23 Mar | |||||
| 6 months | 4.556% | +1.3 bp | +224.3 bp | 23 Mar | |||||
| 9 months | 4.626% | +3.8 bp | +211.9 bp | 23 Mar | |||||
| 1 year | 4.562% | -4.0 bp | +182.2 bp | 95.64 | +0.04 % | -1.74 % | 23 Mar | ||
| 2 years | 4.164% | -9.3 bp | +121.0 bp | 92.16 | +0.17 % | -2.31 % | 23 Mar | ||
| 3 years | 4.114% | -6.0 bp | +105.3 bp | 88.61 | +0.18 % | -3.00 % | 23 Mar | ||
| 5 years | 3.899% | -0.3 bp | +79.5 bp | 82.59 | +0.01 % | -3.77 % | 23 Mar | ||
| 10 years | 3.841% | +1.8 bp | +65.0 bp | 68.60 | -0.17 % | -6.08 % | 23 Mar | ||
| 20 years | 4.072% | +20.7 bp | n.a. | 45.01 | -3.91 % | n.a. | 23 Mar | ||
| 30 years | 4.257% | +26.6 bp | +55.7 bp | 28.63 | -7.38 % | -14.84 % | 23 Mar | ||
Last Update: 23 Mar 2023 15:15 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 (4.25%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 4.257% | 0.7 bp | ||||||
| 10 years | 3.841% | -40.9 bp | ||||||
| 5 years | 3.899% | -35.1 bp | ||||||
| 2 years | 4.164% | -8.6 bp | ||||||
| 1 year | 4.562% | 31.2 bp | ||||||
| 3 months | 4.459% | 20.9 bp | ||||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -39.8 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -26.5 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -32.3 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
|
positive |
| 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 | 4.25% |
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.
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| 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 3.841% 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 | 354.2 bp | +21.9 bp | +58.6 bp | Compare | |
| Germany 10Y | 166.2 bp | +30.6 bp | +50.1 bp | Compare | |
| France 10Y | 113.4 bp | +25.3 bp | +54.3 bp | Compare | |
| Canada 10Y | 105.5 bp | +59.3 bp | +94.4 bp | Compare | |
| China 10Y | 95.5 bp | +7.3 bp | +45.7 bp | Compare | |
| Spain 10Y | 61.1 bp | +29.8 bp | +60.1 bp | Compare | |
| Australia 10Y | 55.2 bp | +61.4 bp | +129.4 bp | Compare | |
| United Kingdom 10Y | 45.8 bp | +21.8 bp | +107.9 bp | Compare | |
| United States 10Y | 41.1 bp | +47.4 bp | +91.5 bp | Compare | |
| Italy 10Y | -20.8 bp | +35.6 bp | +93.3 bp | Compare | |
| India 10Y | -350.4 bp | +6.4 bp | +69.8 bp | Compare | |
| Russia 10Y | -729.4 bp | -13.7 bp | +21.5 bp | Compare | |
| Brazil 10Y | -923.2 bp | +30.6 bp | -70.0 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 | 4.257% | 28.63 | 45.40 | 78.93 | 112.46 | 145.99 | 179.52 | ||
| 20 years | 4.072% | 45.01 | 58.52 | 85.52 | 112.53 | 139.54 | 166.55 | ||
| 10 years | 3.841% | 68.60 | 76.77 | 93.12 | 109.48 | 125.83 | 142.18 | ||
| 5 years | 3.899% | 82.59 | 87.06 | 95.99 | 104.92 | 113.84 | 122.77 | ||
| 3 years | 4.114% | 88.61 | 91.38 | 96.92 | 102.45 | 107.99 | 113.53 | ||
| 2 years | 4.164% | 92.16 | 94.05 | 97.81 | 101.57 | 105.34 | 109.10 | ||
| 1 year | 4.562% | 95.64 | 96.59 | 98.51 | 100.42 | 102.33 | 104.24 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||