COUNTRY •
MAURITIUS
Last Update: 23 Mar 2023 9:15 GMT+0
The Mauritius 10Y Government Bond has a 5.706% yield.
10 Years vs 2 Years bond spread is 93.9 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 4.50% (last modification in December 2022).
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Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
4 months | 4.717% | 0.0 bp | +368.6 bp | 13 Feb | |||||
6 months | 4.227% | -39.7 bp | +314.8 bp | 23 Mar | |||||
8 months | 4.264% | -39.0 bp | +315.5 bp | 23 Mar | |||||
1 year | 4.385% | -33.7 bp | +315.8 bp | 95.80 | +0.32 % | -3.03 % | 23 Mar | ||
2 years | 4.767% | +0.3 bp | +484.7 bp | 91.11 | 0.00 % | -9.04 % | 23 Mar | ||
3 years | 4.935% | -1.0 bp | +393.7 bp | 86.54 | +0.02 % | -10.84 % | 23 Mar | ||
4 years | 5.073% | +4.1 bp | +286.7 bp | 82.04 | -0.16 % | -10.48 % | 23 Mar | ||
5 years | 5.157% | +8.1 bp | +245.9 bp | 77.77 | -0.38 % | -11.16 % | 23 Mar | ||
10 years | 5.706% | +18.4 bp | +157.1 bp | 57.41 | -1.73 % | -13.92 % | 23 Mar | ||
15 years | 5.993% | +13.4 bp | +107.8 bp | 41.77 | -1.88 % | -14.21 % | 23 Mar | ||
20 years | 6.146% | +19.5 bp | +62.7 bp | 30.33 | -3.62 % | -11.19 % | 23 Mar |
Last Update: 23 Mar 2023 9:15 GMT+0
Mauritius 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).
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Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (4.50%) |
|||
---|---|---|---|---|---|---|
1 year | 2 years | 5 years | ||||
10 years | 5.706% | 120.6 bp | ||||
5 years | 5.157% | 65.7 bp | ||||
2 years | 4.767% | 26.7 bp | ||||
1 year | 4.385% | -11.5 bp |
Focusing on 2 years Government Bond:
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2Y vs 1Y | 38.2 bp | Normal Convexity in Short-Term Maturities | ||
5Y vs 2Y | 39 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | 93.9 bp | Normal Convexity in Long-Term vs Short-Term Maturities |
Readings that may interest you
Mauritius 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
Mauritius Credit Ratings History
Rating Agency | Rating | Outlook |
---|---|---|
Standard & Poor's |
-
|
- |
Moody's Investors Service |
Baa3
|
- |
Fitch Ratings |
-
|
- |
DBRS |
-
|
- |
Mauritius 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 | 4.50% |
Mauritius 10Y Bond Yield Spread
The Mauritius 10Y Government Bond has a 5.706% 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
Mauritius 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 540.7 bp | +38.5 bp | +150.7 bp | Compare | |
Germany 10Y | 352.7 bp | +47.2 bp | +142.2 bp | Compare | |
France 10Y | 299.9 bp | +41.9 bp | +146.4 bp | Compare | |
Canada 10Y | 292.0 bp | +75.9 bp | +186.5 bp | Compare | |
China 10Y | 282.0 bp | +23.9 bp | +137.8 bp | Compare | |
Spain 10Y | 247.6 bp | +46.4 bp | +152.2 bp | Compare | |
Australia 10Y | 241.7 bp | +78.0 bp | +221.5 bp | Compare | |
United Kingdom 10Y | 232.3 bp | +38.4 bp | +200.0 bp | Compare | |
United States 10Y | 227.6 bp | +64.0 bp | +183.6 bp | Compare | |
Italy 10Y | 165.7 bp | +52.2 bp | +185.4 bp | Compare | |
India 10Y | -163.9 bp | +23.0 bp | +161.9 bp | Compare | |
Russia 10Y | -542.9 bp | +2.9 bp | +113.6 bp | Compare | |
Brazil 10Y | -736.7 bp | +47.2 bp | +22.1 bp | Compare |
Mauritius 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% | ||||
20 years | 6.146% | 30.33 | 41.67 | 64.34 | 87.01 | 109.68 | 132.35 | ||
15 years | 5.993% | 41.77 | 51.48 | 70.92 | 90.35 | 109.78 | 129.22 | ||
10 years | 5.706% | 57.41 | 64.88 | 79.80 | 94.73 | 109.66 | 124.59 | ||
5 years | 5.157% | 77.77 | 82.08 | 90.70 | 99.32 | 107.94 | 116.57 | ||
4 years | 5.073% | 82.04 | 85.58 | 92.66 | 99.74 | 106.82 | 113.90 | ||
3 years | 4.935% | 86.54 | 89.27 | 94.72 | 100.18 | 105.63 | 111.08 | ||
2 years | 4.767% | 91.11 | 92.97 | 96.70 | 100.43 | 104.17 | 107.90 | ||
1 year | 4.385% | 95.80 | 96.76 | 98.67 | 100.59 | 102.51 | 104.42 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |