Last Update: 19 Apr 2019 8:15 GMT+0
The Nigeria 10Y Government Bond has a 14.468% yield.
10 Years vs 2 Years bond spread is 83.4 bp. Normal Convexity in Long-Term vs Short-Term Maturities
Central Bank Rate is 13.50%.
The Nigeria rating is B, according to Standard & Poor's agency.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -103.6 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 10Y vs 2Y | 83.4 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
B
|
- |
| Moody's Investors Service |
B2
|
- |
| Fitch Ratings |
B+
|
- |
| DBRS |
-
|
- |
| Nigeria Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 13.50% |
Nigeria Government Bonds
List of available Government Bonds. Click on the "Residual Maturity" link to get historical serie. Click on the Forecast link
, to see preditions of bond yield.
Price refers to a hypothetical zero coupon bond, with a face value 100.
| Residual Maturity |
Yield | ZC Price | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 3 months | 11.326% | -86.9 bp | -222.4 bp | ||||||
| 6 months | 14.000% | -12.7 bp | +104.6 bp | ||||||
| 1 year | 14.670% | -6.2 bp | +28.8 bp | 87.21 | +0.06 % | -0.25 % | |||
| 2 years | 13.634% | -23.4 bp | -55.4 bp | 77.44 | +0.40 % | +0.98 % | |||
| 4 years | 14.000% | -56.1 bp | -70.6 bp | 59.21 | +1.98 % | +2.51 % | |||
| 7 years | 13.937% | -53.5 bp | -119.3 bp | 40.12 | +3.35 % | +7.56 % | |||
| 10 years | 14.468% | +0.1 bp | -65.4 bp | 25.89 | 0.00 % | +5.85 % | |||
| 20 years | 14.561% | +43.2 bp | -57.4 bp | 6.60 | -7.17 % | +10.55 % | |||
10Y Bond Yield Spread - Nigeria vs Main Countries
The Nigeria 10Y Government Bond has a 14.468% yield. Click on Spread value for the historical serie.
A positive spread (marked by a red circle) means that the 10Y Bond Yield is higher than the corresponding foreign bond.
Clicking on the "Full Country Comparison" link, you can perform a full check of available data and see the differences between the countries.
| Nigeria 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Japan 10Y | 1449.5 bp | -1.6 | -47.8 | ||
| Germany 10Y | 1444.5 bp | +8.3 | -22.4 | ||
| France 10Y | 1409.8 bp | +10.8 | -18.9 | ||
| Spain 10Y | 1340.7 bp | +12.6 | +4.5 | ||
| United Kingdom 10Y | 1327.9 bp | +0.1 | -25.7 | ||
| Canada 10Y | 1270.2 bp | -3.7 | +7.5 | ||
| Australia 10Y | 1254.3 bp | +0.2 | +12.6 | ||
| United States 10Y | 1190.8 bp | +5.9 | -1.8 | ||
| Italy 10Y | 1185.6 bp | -12.2 | +30.3 | ||
| China 10Y | 1107.8 bp | -23.1 | -46.1 | ||
| India 10Y | 704.8 bp | +11.7 | -15.3 | ||
| Russia 10Y | 622.8 bp | +4.1 | -30.4 | ||
| Brazil 10Y | 550.8 bp | -19.9 | +76.6 |
Nigeria Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The overall yield is the current market yield. The highlighted column refers to the zero coupon bond.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 20 years | 14.561% | 6.60 | 13.01 | 25.84 | 38.67 | 51.50 | 64.33 | |
| 10 years | 14.468% | 25.89 | 31.01 | 41.26 | 51.50 | 61.75 | 71.99 | |
| 7 years | 13.937% | 40.12 | 44.42 | 53.01 | 61.60 | 70.19 | 78.79 | |
| 4 years | 14.000% | 59.21 | 62.12 | 67.95 | 73.78 | 79.60 | 85.43 | |
| 2 years | 13.634% | 77.44 | 79.10 | 82.41 | 85.72 | 89.02 | 92.33 | |
| 1 year | 14.670% | 87.21 | 88.08 | 89.82 | 91.57 | 93.31 | 95.06 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||