COUNTRY •
MEXICO
Last Update: 23 Mar 2023 6:15 GMT+0
The Mexico 10Y Government Bond has a 9.322% yield.
Central Bank Rate is 11.00% (last modification in February 2023).
The Mexico credit rating is BBB, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 138.18 and implied probability of default is 2.30%.
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Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
1 month | 11.835% | +14.5 bp | +251.1 bp | 22 Mar | |||||
3 months | 12.139% | +13.0 bp | +214.1 bp | 22 Mar | |||||
6 months | 12.185% | -22.3 bp | +165.7 bp | 22 Mar | |||||
9 months | 12.042% | -17.5 bp | +148.6 bp | 22 Mar | |||||
1 year | 12.082% | -5.0 bp | +150.9 bp | 89.22 | +0.04 % | -1.35 % | 22 Mar | ||
3 years | 10.629% | -97.2 bp | +23.0 bp | 73.86 | +2.67 % | -0.62 % | 23 Mar | ||
5 years | 9.667% | -64.4 bp | -31.4 bp | 63.04 | +2.97 % | +1.43 % | 23 Mar | ||
7 years | 9.344% | -38.6 bp | -47.0 bp | 53.51 | +2.49 % | +3.04 % | 23 Mar | ||
10 years | 9.322% | -33.4 bp | -48.4 bp | 41.01 | +3.09 % | +4.51 % | 23 Mar | ||
15 years | 9.526% | -16.0 bp | -33.0 bp | 25.54 | +2.20 % | +4.63 % | 23 Mar | ||
20 years | 9.611% | -8.3 bp | -23.4 bp | 15.96 | +1.53 % | +4.38 % | 23 Mar | ||
30 years | 9.587% | -11.6 bp | -21.5 bp | 6.42 | +3.22 % | +6.12 % | 23 Mar |
Last Update: 23 Mar 2023 6:15 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).
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Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (11.00%) |
||||
---|---|---|---|---|---|---|---|
3 months | 1 year | 5 years | 10 years | ||||
30 years | 9.587% | -141.3 bp | |||||
10 years | 9.322% | -167.8 bp | |||||
5 years | 9.667% | -133.3 bp | |||||
1 year | 12.082% | 108.2 bp | |||||
3 months | 12.139% | 113.9 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 | 11.00% |
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.
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Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
---|---|---|---|---|---|---|
5 Years CDS | 138.18 | +10.04 % | +12.52 % | +43.85 % | 2.30 % |
(*) 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 9.322% 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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Mexico 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 902.3 bp | -13.3 bp | -54.8 bp | Compare | |
Germany 10Y | 714.3 bp | -4.6 bp | -63.3 bp | Compare | |
France 10Y | 661.5 bp | -9.9 bp | -59.1 bp | Compare | |
Canada 10Y | 653.6 bp | +24.1 bp | -19.0 bp | Compare | |
China 10Y | 643.6 bp | -27.9 bp | -67.7 bp | Compare | |
Spain 10Y | 609.2 bp | -5.4 bp | -53.3 bp | Compare | |
Australia 10Y | 603.3 bp | +26.2 bp | +16.0 bp | Compare | |
United Kingdom 10Y | 593.9 bp | -13.4 bp | -5.5 bp | Compare | |
United States 10Y | 589.2 bp | +12.2 bp | -21.9 bp | Compare | |
Italy 10Y | 527.3 bp | +0.4 bp | -20.1 bp | Compare | |
India 10Y | 197.7 bp | -28.8 bp | -43.6 bp | Compare | |
Russia 10Y | -181.3 bp | -48.9 bp | -91.9 bp | Compare | |
Brazil 10Y | -375.1 bp | -4.6 bp | -183.4 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 | 9.587% | 6.42 | 16.18 | 35.70 | 55.22 | 74.75 | 94.27 | ||
20 years | 9.611% | 15.96 | 24.70 | 42.19 | 59.68 | 77.17 | 94.66 | ||
15 years | 9.526% | 25.54 | 33.36 | 48.99 | 64.62 | 80.26 | 95.89 | ||
10 years | 9.322% | 41.01 | 47.34 | 60.00 | 72.65 | 85.31 | 97.96 | ||
7 years | 9.344% | 53.51 | 58.49 | 68.44 | 78.39 | 88.34 | 98.29 | ||
5 years | 9.667% | 63.04 | 66.86 | 74.51 | 82.16 | 89.80 | 97.45 | ||
3 years | 10.629% | 73.86 | 76.32 | 81.24 | 86.16 | 91.07 | 95.99 | ||
1 year | 12.082% | 89.22 | 90.11 | 91.90 | 93.68 | 95.47 | 97.25 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |