COUNTRY •
ISRAEL
Last Update: 28 Jun 2022 2:15 GMT+0
The Israel 10Y Government Bond has a 2.830% yield.
10 Years vs 2 Years bond spread is 77.4 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 0.75% (last modification in May 2022).
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 | 0.254% | +15.8 bp | +30.6 bp | 27 Jun | |||||
| 3 months | 0.581% | +41.8 bp | +54.4 bp | 27 Jun | |||||
| 6 months | 1.134% | +56.1 bp | +114.4 bp | 27 Jun | |||||
| 9 months | 1.322% | +50.0 bp | +131.4 bp | 27 Jun | |||||
| 1 year | 1.497% | +49.7 bp | +146.5 bp | 98.53 | -0.48 % | -1.44 % | 27 Jun | ||
| 2 years | 2.056% | +35.8 bp | +202.7 bp | 96.01 | -0.70 % | -3.93 % | 27 Jun | ||
| 3 years | 2.237% | +29.6 bp | +207.2 bp | 93.58 | -0.87 % | -5.96 % | 27 Jun | ||
| 5 years | 2.447% | +29.3 bp | +203.0 bp | 88.61 | -1.42 % | -9.53 % | 27 Jun | ||
| 10 years | 2.830% | +28.7 bp | +183.5 bp | 75.65 | -2.75 % | -16.47 % | 27 Jun | ||
| 30 years | 3.626% | +36.9 bp | +143.1 bp | 34.35 | -10.15 % | -34.11 % | 27 Jun | ||
Last Update: 28 Jun 2022 2:15 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 (0.75%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 3.626% | 287.6 bp | ||||||
| 10 years | 2.830% | 208.0 bp | ||||||
| 5 years | 2.447% | 169.7 bp | ||||||
| 2 years | 2.056% | 130.6 bp | ||||||
| 1 year | 1.497% | 74.7 bp | ||||||
| 3 months | 0.581% | -16.9 bp | ||||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | 55.9 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 39.1 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 77.4 bp | Normal Convexity 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 | 0.75% |
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.
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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 2.830% 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 | 260.1 bp | +28.1 bp | +166.5 bp | Compare | |
| Germany 10Y | 128.7 bp | -28.0 bp | +5.6 bp | Compare | |
| France 10Y | 75.5 bp | -29.4 bp | -10.9 bp | Compare | |
| United Kingdom 10Y | 44.3 bp | -17.6 bp | +37.1 bp | Compare | |
| Spain 10Y | 14.3 bp | -31.2 bp | -34.2 bp | Compare | |
| China 10Y | -2.2 bp | +18.5 bp | +180.3 bp | Compare | |
| United States 10Y | -35.1 bp | -15.1 bp | +13.8 bp | Compare | |
| Canada 10Y | -55.1 bp | -30.4 bp | -7.0 bp | Compare | |
| Italy 10Y | -78.9 bp | -43.6 bp | -68.9 bp | Compare | |
| Australia 10Y | -91.2 bp | -20.6 bp | -32.0 bp | Compare | |
| India 10Y | -461.7 bp | +19.0 bp | +86.6 bp | Compare | |
| Russia 10Y | -583.0 bp | +113.7 bp | +159.0 bp | Compare | |
| Brazil 10Y | -995.2 bp | -6.2 bp | -24.0 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 | 3.626% | 34.35 | 52.46 | 88.67 | 124.88 | 161.09 | 197.30 | ||
| 10 years | 2.830% | 75.65 | 84.25 | 101.46 | 118.67 | 135.88 | 153.09 | ||
| 5 years | 2.447% | 88.61 | 93.27 | 102.57 | 111.88 | 121.18 | 130.49 | ||
| 3 years | 2.237% | 93.58 | 96.45 | 102.19 | 107.93 | 113.67 | 119.41 | ||
| 2 years | 2.056% | 96.01 | 97.95 | 101.83 | 105.71 | 109.59 | 113.47 | ||
| 1 year | 1.497% | 98.53 | 99.51 | 101.48 | 103.45 | 105.42 | 107.39 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||