COUNTRY •
MEXICO
Last Update: 1 Oct 2023 2:15 GMT+0
The Mexico 10Y Government Bond has a 10.309% yield.
Central Bank Rate is 11.25% (last modification in March 2023).
The Mexico credit rating is BBB, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 127.59 and implied probability of default is 2.13%.
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 | 11.796% | -7.7 bp | -15.5 bp | 29 Sep | |||||
3 months | 11.937% | +2.2 bp | -7.6 bp | 29 Sep | |||||
6 months | 11.977% | +12.8 bp | -12.7 bp | 29 Sep | |||||
9 months | 11.800% | +9.2 bp | -6.8 bp | 29 Sep | |||||
1 year | 11.805% | +26.1 bp | +51.8 bp | 89.44 | -0.23 % | -0.47 % | 29 Sep | ||
3 years | 10.835% | +46.7 bp | +15.1 bp | 73.45 | -1.25 % | -0.41 % | 29 Sep | ||
5 years | 10.661% | +58.6 bp | +125.3 bp | 60.26 | -2.62 % | -5.53 % | 30 Sep | ||
7 years | 10.221% | +47.8 bp | +106.5 bp | 50.60 | -2.99 % | -6.57 % | 30 Sep | ||
10 years | 10.309% | +56.1 bp | +116.5 bp | 37.49 | -4.97 % | -10.07 % | 30 Sep | ||
15 years | 10.324% | +50.2 bp | +97.3 bp | 22.91 | -6.60 % | -12.42 % | 30 Sep | ||
20 years | 10.372% | +53.9 bp | +93.8 bp | 13.89 | -9.33 % | -15.72 % | 30 Sep | ||
30 years | 10.260% | +48.0 bp | +85.1 bp | 5.34 | -12.32 % | -20.77 % | 30 Sep |
Last Update: 1 Oct 2023 2:15 GMT+0
Mexico 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 (11.25%) |
||||
---|---|---|---|---|---|---|---|
3 months | 1 year | 5 years | 10 years | ||||
30 years | 10.260% | -99.0 bp | |||||
10 years | 10.309% | -94.1 bp | |||||
5 years | 10.661% | -58.9 bp | |||||
1 year | 11.805% | 55.5 bp | |||||
3 months | 11.937% | 68.7 bp |
Readings that may interest you
Mexico 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
Mexico Credit Ratings History
Rating Agency | Rating | Outlook |
---|---|---|
Standard & Poor's |
BBB
|
- |
Moody's Investors Service |
Baa2
|
- |
Fitch Ratings |
BBB-
|
- |
DBRS |
BBB
|
- |
Mexico 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 | 11.25% |
Mexico 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.
If data are not all visible, swipe table left
Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
---|---|---|---|---|---|---|
5 Years CDS | 127.59 | +19.33 % | +30.17 % | -32.16 % | 2.13 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
Mexico 10Y Bond Yield Spread
The Mexico 10Y Government Bond has a 10.309% 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
Mexico 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 956.0 bp | +43.3 bp | +74.5 bp | Compare | |
China 10Y | 760.3 bp | +47.8 bp | +133.3 bp | Compare | |
Germany 10Y | 745.5 bp | +24.7 bp | +59.4 bp | Compare | |
France 10Y | 689.3 bp | +22.1 bp | +53.3 bp | Compare | |
Spain 10Y | 635.6 bp | +17.2 bp | +50.7 bp | Compare | |
Canada 10Y | 624.0 bp | +8.5 bp | +1.3 bp | Compare | |
United Kingdom 10Y | 585.1 bp | +50.5 bp | +17.2 bp | Compare | |
Australia 10Y | 583.5 bp | +13.7 bp | -7.2 bp | Compare | |
United States 10Y | 573.0 bp | +16.3 bp | +5.9 bp | Compare | |
Italy 10Y | 549.4 bp | -2.3 bp | +42.7 bp | Compare | |
India 10Y | 309.9 bp | +52.6 bp | +127.0 bp | Compare | |
Brazil 10Y | -140.2 bp | +0.2 bp | +235.4 bp | Compare | |
Russia 10Y | -259.1 bp | -25.9 bp | -143.5 bp | Compare |
Mexico 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 | 10.260% | 5.34 | 14.57 | 33.02 | 51.47 | 69.92 | 88.37 | ||
20 years | 10.372% | 13.89 | 22.20 | 38.80 | 55.40 | 72.01 | 88.61 | ||
15 years | 10.324% | 22.91 | 30.37 | 45.31 | 60.24 | 75.18 | 90.11 | ||
10 years | 10.309% | 37.49 | 43.55 | 55.68 | 67.81 | 79.93 | 92.06 | ||
7 years | 10.221% | 50.60 | 55.43 | 65.10 | 74.77 | 84.43 | 94.10 | ||
5 years | 10.661% | 60.26 | 63.99 | 71.44 | 78.90 | 86.35 | 93.81 | ||
3 years | 10.835% | 73.45 | 75.90 | 80.80 | 85.70 | 90.60 | 95.50 | ||
1 year | 11.805% | 89.44 | 90.34 | 92.12 | 93.91 | 95.70 | 97.49 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |