COUNTRY •
KAZAKHSTAN
Last Update: 30 Mar 2023 5:15 GMT+0
The Kazakhstan 10Y Government Bond has a 13.602% yield.
10 Years vs 2 Years bond spread is -161.5 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 16.75% (last modification in December 2022).
The Kazakhstan credit rating is BBB-, according to Standard & Poor's agency.
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 | 17.011% | -123.8 bp | n.a. | 29 Mar | |||||
| 3 months | 16.750% | -135.0 bp | n.a. | 29 Mar | |||||
| 6 months | 16.163% | -136.4 bp | n.a. | 29 Mar | |||||
| 1 year | 15.441% | -123.7 bp | +116.5 bp | 86.62 | +1.06 % | -1.02 % | 29 Mar | ||
| 2 years | 15.217% | -130.1 bp | +129.0 bp | 75.33 | +2.27 % | -2.23 % | 29 Mar | ||
| 3 years | 14.970% | -97.5 bp | +119.6 bp | 65.80 | +2.56 % | -3.09 % | 29 Mar | ||
| 4 years | 14.737% | -77.0 bp | +98.5 bp | 57.70 | +2.71 % | -3.40 % | 29 Mar | ||
| 5 years | 14.696% | -76.1 bp | +101.9 bp | 50.38 | +3.36 % | -4.37 % | 29 Mar | ||
| 6 years | 14.365% | -86.4 bp | +82.0 bp | 44.69 | +4.61 % | -4.24 % | 29 Mar | ||
| 7 years | 14.403% | -59.9 bp | +89.8 bp | 38.99 | +3.72 % | -5.36 % | 29 Mar | ||
| 8 years | 14.208% | -65.6 bp | +78.6 bp | 34.55 | +4.70 % | -5.37 % | 29 Mar | ||
| 9 years | 13.760% | -78.4 bp | +53.3 bp | 31.34 | +6.38 % | -4.13 % | 29 Mar | ||
| 10 years | 13.602% | -70.0 bp | +54.8 bp | 27.93 | +6.32 % | -4.74 % | 29 Mar | ||
| 15 years | 13.394% | -15.7 bp | +48.9 bp | 15.18 | +2.15 % | -6.24 % | 29 Mar | ||
| 25 years | 13.000% | 0.0 bp | +45.0 bp | 4.71 | 0.00 % | -9.42 % | 29 Mar | ||
Last Update: 30 Mar 2023 5:15 GMT+0
Kazakhstan 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 (16.75%) |
||||
|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | ||||
| 10 years | 13.602% | -314.8 bp | |||||
| 5 years | 14.696% | -205.4 bp | |||||
| 2 years | 15.217% | -153.3 bp | |||||
| 1 year | 15.441% | -130.9 bp | |||||
| 3 months | 16.750% | 0.0 bp | |||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -22.4 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -52.1 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -161.5 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities |
Readings that may interest you
Kazakhstan 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
Kazakhstan Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BBB-
|
- |
| Moody's Investors Service |
Baa2
|
- |
| Fitch Ratings |
BBB
|
- |
| DBRS |
-
|
- |
Kazakhstan 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 | 16.75% |
Kazakhstan 10Y Bond Yield Spread
The Kazakhstan 10Y Government Bond has a 13.602% 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
| Kazakhstan 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 1328.3 bp | -51.8 bp | +47.2 bp | Compare | |
| Germany 10Y | 1128.7 bp | -26.6 bp | +35.1 bp | Compare | |
| France 10Y | 1077.2 bp | -30.3 bp | +45.1 bp | Compare | |
| China 10Y | 1073.2 bp | -62.6 bp | +46.0 bp | Compare | |
| Canada 10Y | 1064.1 bp | -15.8 bp | +75.7 bp | Compare | |
| Spain 10Y | 1024.9 bp | -26.5 bp | +50.2 bp | Compare | |
| Australia 10Y | 1024.4 bp | -12.4 bp | +109.9 bp | Compare | |
| United Kingdom 10Y | 1013.9 bp | -21.9 bp | +116.8 bp | Compare | |
| United States 10Y | 1001.5 bp | -22.4 bp | +79.8 bp | Compare | |
| Italy 10Y | 944.7 bp | -23.6 bp | +90.0 bp | Compare | |
| India 10Y | 630.6 bp | -56.6 bp | +65.0 bp | Compare | |
| Russia 10Y | 328.2 bp | -2.0 bp | +46.8 bp | Compare | |
| Brazil 10Y | 64.4 bp | -12.3 bp | -44.7 bp | Compare |
Kazakhstan 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% | ||||
| 25 years | 13.000% | 4.71 | 12.04 | 26.70 | 41.36 | 56.02 | 70.68 | ||
| 15 years | 13.394% | 15.18 | 21.51 | 34.17 | 46.84 | 59.51 | 72.17 | ||
| 10 years | 13.602% | 27.93 | 33.23 | 43.83 | 54.43 | 65.02 | 75.62 | ||
| 9 years | 13.760% | 31.34 | 36.33 | 46.31 | 56.29 | 66.27 | 76.25 | ||
| 8 years | 14.208% | 34.55 | 39.16 | 48.37 | 57.58 | 66.80 | 76.01 | ||
| 7 years | 14.403% | 38.99 | 43.22 | 51.70 | 60.17 | 68.64 | 77.11 | ||
| 6 years | 14.365% | 44.69 | 48.54 | 56.24 | 63.94 | 71.64 | 79.34 | ||
| 5 years | 14.696% | 50.38 | 53.76 | 60.51 | 67.26 | 74.02 | 80.77 | ||
| 4 years | 14.737% | 57.70 | 60.57 | 66.31 | 72.05 | 77.79 | 83.53 | ||
| 3 years | 14.970% | 65.80 | 68.09 | 72.66 | 77.22 | 81.79 | 86.36 | ||
| 2 years | 15.217% | 75.33 | 76.95 | 80.19 | 83.44 | 86.68 | 89.92 | ||
| 1 year | 15.441% | 86.62 | 87.49 | 89.22 | 90.96 | 92.69 | 94.42 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||