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).
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

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

Back to Home Page - World Government Bonds

Share this page

Related Topics