COUNTRY •
MEXICO
Last Update: 28 Jun 2022 5:15 GMT+0
The Mexico 10Y Government Bond has a 9.387% yield.
Central Bank Rate is 7.75% (last modification in June 2022).
The Mexico credit rating is BBB, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 166.23 and implied probability of default is 2.77%.
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Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
1 month | 8.071% | +75.2 bp | +239.5 bp | 27 Jun | |||||
3 months | 8.460% | +62.7 bp | +245.7 bp | 27 Jun | |||||
6 months | 9.047% | +61.8 bp | +264.1 bp | 27 Jun | |||||
9 months | 8.514% | -24.5 bp | +181.0 bp | 27 Jun | |||||
1 year | 9.659% | +63.5 bp | +270.2 bp | 91.19 | -0.58 % | -2.47 % | 27 Jun | ||
3 years | 9.715% | +44.7 bp | +228.1 bp | 75.72 | -1.21 % | -6.10 % | 28 Jun | ||
5 years | 9.535% | +52.6 bp | +191.3 bp | 63.42 | -2.39 % | -8.43 % | 28 Jun | ||
7 years | 9.390% | +51.3 bp | +170.9 bp | 53.35 | -3.25 % | -10.44 % | 28 Jun | ||
10 years | 9.387% | +60.6 bp | +157.9 bp | 40.77 | -5.41 % | -13.53 % | 28 Jun | ||
15 years | 9.429% | +48.6 bp | +153.7 bp | 25.88 | -6.47 % | -19.13 % | 28 Jun | ||
20 years | 9.438% | +37.8 bp | +124.0 bp | 16.47 | -6.69 % | -20.36 % | 28 Jun | ||
30 years | 9.430% | +37.3 bp | +108.2 bp | 6.70 | -9.70 % | -25.72 % | 28 Jun |
Last Update: 28 Jun 2022 5:15 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 (7.75%) |
||||
---|---|---|---|---|---|---|---|
3 months | 1 year | 5 years | 10 years | ||||
30 years | 9.430% | 168.0 bp | |||||
10 years | 9.387% | 163.7 bp | |||||
5 years | 9.535% | 178.5 bp | |||||
1 year | 9.659% | 190.9 bp | |||||
3 months | 8.460% | 71.0 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
|
negative |
Moody's Investors Service |
Baa1
|
negative |
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 | 7.75% |
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 | 166.23 | +6.65 % | +32.28 % | +74.85 % | 2.77 % |
(*) 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 9.387% 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 | 915.7 bp | +59.9 bp | +140.8 bp | Compare | |
Germany 10Y | 773.2 bp | -7.3 bp | -31.2 bp | Compare | |
France 10Y | 719.6 bp | -9.1 bp | -48.1 bp | Compare | |
United Kingdom 10Y | 690.0 bp | +4.3 bp | +1.5 bp | Compare | |
Spain 10Y | 664.5 bp | -4.8 bp | -65.3 bp | Compare | |
China 10Y | 653.0 bp | +49.9 bp | +154.2 bp | Compare | |
United States 10Y | 613.8 bp | +10.0 bp | -18.6 bp | Compare | |
Canada 10Y | 592.9 bp | -6.2 bp | -40.3 bp | Compare | |
Italy 10Y | 570.3 bp | -18.2 bp | -101.0 bp | Compare | |
Australia 10Y | 556.8 bp | +3.6 bp | -65.3 bp | Compare | |
India 10Y | 193.0 bp | +49.9 bp | +60.0 bp | Compare | |
Russia 10Y | 76.7 bp | +149.6 bp | +137.4 bp | Compare | |
Brazil 10Y | -339.5 bp | +25.7 bp | -49.6 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 | 9.430% | 6.70 | 16.59 | 36.38 | 56.17 | 75.96 | 95.75 | ||
20 years | 9.438% | 16.47 | 25.32 | 43.02 | 60.72 | 78.42 | 96.12 | ||
15 years | 9.429% | 25.88 | 33.74 | 49.46 | 65.19 | 80.91 | 96.63 | ||
10 years | 9.387% | 40.77 | 47.08 | 59.70 | 72.32 | 84.94 | 97.56 | ||
7 years | 9.390% | 53.35 | 58.32 | 68.26 | 78.19 | 88.13 | 98.06 | ||
5 years | 9.535% | 63.42 | 67.26 | 74.93 | 82.60 | 90.28 | 97.95 | ||
3 years | 9.715% | 75.72 | 78.22 | 83.22 | 88.22 | 93.21 | 98.21 | ||
1 year | 9.659% | 91.19 | 92.10 | 93.93 | 95.75 | 97.58 | 99.40 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |