Last Update: 22 Oct 2019 20:15 GMT+0
The Nigeria 10Y Government Bond has a 14.192% yield.
10 Years vs 2 Years bond spread is -6.4 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 13.50% (last modification in March 2019).
The Nigeria credit rating is B, according to Standard & Poor's agency.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -89.5 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 10Y vs 2Y | -6.4 bp | Yield Curve is inverted 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 | 13.298% | +50.1 bp | +197.2 bp | ||||||
| 6 months | 13.427% | -51.9 bp | -57.3 bp | ||||||
| 1 year | 15.151% | -38.7 bp | +48.1 bp | 86.84 | +0.34 % | -0.42 % | |||
| 2 years | 14.256% | -30.9 bp | +62.2 bp | 76.60 | +0.54 % | -1.08 % | |||
| 4 years | 14.194% | -16.2 bp | +19.4 bp | 58.81 | +0.58 % | -0.68 % | |||
| 7 years | 14.078% | -17.5 bp | +14.1 bp | 39.77 | +1.07 % | -0.87 % | |||
| 10 years | 14.192% | -5.7 bp | -27.6 bp | 26.52 | +0.49 % | +2.43 % | |||
| 20 years | 14.242% | -5.1 bp | -31.9 bp | 6.97 | +0.87 % | +5.61 % | |||
10Y Bond Yield Spread - Nigeria vs Main Countries
The Nigeria 10Y Government Bond has a 14.192% 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 |
|
|---|---|---|---|---|---|
| Germany 10Y | 1455.8 bp | -21.6 | +11.4 | ||
| Japan 10Y | 1431.8 bp | -14.6 | -17.9 | ||
| France 10Y | 1426.0 bp | -21.0 | +16.2 | ||
| Spain 10Y | 1393.2 bp | -6.5 | +52.7 | ||
| United Kingdom 10Y | 1348.0 bp | -14.5 | +20.3 | ||
| Italy 10Y | 1317.2 bp | -14.6 | +130.1 | ||
| Australia 10Y | 1304.2 bp | -18.9 | +52.4 | ||
| Canada 10Y | 1266.6 bp | -19.6 | -1.4 | ||
| United States 10Y | 1242.2 bp | -10.5 | +53.9 | ||
| China 10Y | 1094.3 bp | -18.8 | -10.6 | ||
| Russia 10Y | 771.2 bp | +47.3 | +149.4 | ||
| Brazil 10Y | 762.7 bp | +45.8 | +209.9 | ||
| India 10Y | 737.7 bp | -9.0 | +38.3 |
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 | 14.242% | 6.97 | 13.51 | 26.57 | 39.63 | 52.70 | 65.76 | |
| 10 years | 14.192% | 26.52 | 31.70 | 42.06 | 52.41 | 62.77 | 73.12 | |
| 7 years | 14.078% | 39.77 | 44.05 | 52.61 | 61.16 | 69.72 | 78.28 | |
| 4 years | 14.194% | 58.81 | 61.71 | 67.51 | 73.32 | 79.12 | 84.93 | |
| 2 years | 14.256% | 76.60 | 78.24 | 81.53 | 84.81 | 88.09 | 91.37 | |
| 1 year | 15.151% | 86.84 | 87.71 | 89.45 | 91.18 | 92.92 | 94.66 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||