COUNTRY •
MAURITIUS
Last Update: 2 Oct 2023 2:15 GMT+0
The Mauritius 10Y Government Bond has a 4.382% yield.
10 Years vs 2 Years bond spread is 82.2 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 4.50% (last modification in December 2022).
The Mauritius credit rating is BBB-, according to Standard & Poor's agency.
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Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
4 months | 3.200% | 0.0 bp | -151.7 bp | 24 Aug | |||||
6 months | 3.438% | +21.0 bp | -125.5 bp | 29 Sep | |||||
8 months | 3.476% | +24.2 bp | -120.8 bp | 29 Sep | |||||
1 year | 3.576% | +21.3 bp | -109.3 bp | 96.55 | -0.21 % | +1.06 % | 29 Sep | ||
2 years | 3.560% | +17.1 bp | -121.3 bp | 93.24 | -0.33 % | +2.35 % | 29 Sep | ||
3 years | 3.653% | +9.5 bp | -120.0 bp | 89.80 | -0.27 % | +3.52 % | 29 Sep | ||
4 years | 3.764% | +5.0 bp | -117.3 bp | 86.26 | -0.20 % | +4.60 % | 29 Sep | ||
5 years | 3.866% | +10.2 bp | -111.6 bp | 82.72 | -0.49 % | +5.48 % | 29 Sep | ||
10 years | 4.382% | +19.4 bp | -89.2 bp | 65.12 | -1.85 % | +8.88 % | 29 Sep | ||
15 years | 4.812% | +27.6 bp | -62.5 bp | 49.41 | -3.89 % | +9.31 % | 29 Sep | ||
20 years | 4.925% | +29.8 bp | -67.7 bp | 38.23 | -5.53 % | +13.71 % | 29 Sep |
Last Update: 2 Oct 2023 2:15 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 | 4.382% | -11.8 bp | ||||
5 years | 3.866% | -63.4 bp | ||||
2 years | 3.560% | -94.0 bp | ||||
1 year | 3.576% | -92.4 bp |
Focusing on 2 years Government Bond:
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2Y vs 1Y | -1.6 bp | Yield Curve is inverted in Short-Term Maturities | ||
5Y vs 2Y | 30.6 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | 82.2 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 |
BBB-
|
- |
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 4.382% 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.
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Mauritius 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 362.1 bp | +5.4 bp | -132.4 bp | Compare | |
China 10Y | 167.6 bp | +11.1 bp | -72.4 bp | Compare | |
Germany 10Y | 152.8 bp | -12.0 bp | -146.0 bp | Compare | |
France 10Y | 96.6 bp | -14.6 bp | -152.4 bp | Compare | |
Spain 10Y | 42.9 bp | -19.5 bp | -155.0 bp | Compare | |
Canada 10Y | 31.3 bp | -27.7 bp | -204.4 bp | Compare | |
United Kingdom 10Y | -4.2 bp | +17.2 bp | -185.1 bp | Compare | |
Australia 10Y | -14.0 bp | -28.6 bp | -217.7 bp | Compare | |
United States 10Y | -24.2 bp | -24.9 bp | -204.3 bp | Compare | |
Italy 10Y | -43.3 bp | -39.0 bp | -163.0 bp | Compare | |
India 10Y | -282.8 bp | +15.9 bp | -78.7 bp | Compare | |
Brazil 10Y | -732.9 bp | -36.5 bp | +29.7 bp | Compare | |
Russia 10Y | -851.8 bp | -63.6 bp | -349.2 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.
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Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
---|---|---|---|---|---|---|---|---|---|
0% | 1% | 3% | 5% | 7% | 9% | ||||
20 years | 4.925% | 38.23 | 50.77 | 75.86 | 100.94 | 126.02 | 151.11 | ||
15 years | 4.812% | 49.41 | 59.93 | 80.95 | 101.98 | 123.00 | 144.03 | ||
10 years | 4.382% | 65.12 | 73.08 | 89.00 | 104.92 | 120.84 | 136.75 | ||
5 years | 3.866% | 82.72 | 87.19 | 96.13 | 105.07 | 114.00 | 122.94 | ||
4 years | 3.764% | 86.26 | 89.91 | 97.21 | 104.51 | 111.81 | 119.11 | ||
3 years | 3.653% | 89.80 | 92.59 | 98.18 | 103.76 | 109.35 | 114.94 | ||
2 years | 3.560% | 93.24 | 95.14 | 98.94 | 102.73 | 106.53 | 110.33 | ||
1 year | 3.576% | 96.55 | 97.51 | 99.44 | 101.37 | 103.31 | 105.24 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |