Last Update: 22 Feb 2019 1:15 GMT+0
The Nigeria 10Y Government Bond has a 14.815% yield.
10 Years vs 2 Years bond spread is -174.8 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities
Central Bank Rate is 14.00%.
The Nigeria rating is B, according to Standard & Poor's agency.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -73.6 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 10Y vs 2Y | -174.8 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 | 14.00% |
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 | 11.646% | -180.1 bp | -139.0 bp | ||||||
| 6 months | 13.893% | -116.3 bp | +39.3 bp | ||||||
| 1 year | 17.299% | -0.6 bp | +386.8 bp | 85.25 | 0.00 % | -3.30 % | |||
| 2 years | 16.563% | +112.7 bp | +239.5 bp | 73.60 | -1.92 % | -4.07 % | |||
| 4 years | 14.874% | -22.8 bp | +42.7 bp | 57.43 | +0.81 % | -1.48 % | |||
| 7 years | 14.706% | -40.0 bp | -7.9 bp | 38.27 | +2.46 % | +0.47 % | |||
| 10 years | 14.815% | -30.5 bp | -12.2 bp | 25.12 | +2.70 % | +1.09 % | |||
| 20 years | 14.475% | -59.2 bp | -45.3 bp | 6.70 | +10.93 % | +8.24 % | |||
10Y Bond Yield Spread - Nigeria vs Main Countries
The Nigeria 10Y Government Bond has a 14.815% 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 | 1485.2 bp | -26.4 | +0.9 | ||
| Germany 10Y | 1469.1 bp | -20.1 | +9.4 | ||
| France 10Y | 1427.0 bp | -21.1 | +2.1 | ||
| United Kingdom 10Y | 1361.3 bp | -18.7 | -5.7 | ||
| Spain 10Y | 1359.2 bp | -17.0 | +5.7 | ||
| Canada 10Y | 1289.1 bp | -26.0 | +21.1 | ||
| Australia 10Y | 1271.3 bp | -12.6 | +31.6 | ||
| United States 10Y | 1212.7 bp | -24.7 | +0.9 | ||
| Italy 10Y | 1195.8 bp | -38.2 | +8.4 | ||
| China 10Y | 1165.3 bp | -33.7 | +36.2 | ||
| India 10Y | 727.1 bp | -31.6 | +16.1 | ||
| Russia 10Y | 637.5 bp | -46.5 | +5.8 | ||
| Brazil 10Y | 581.5 bp | -24.5 | +303.8 |
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 | 14.475% | 6.70 | 13.14 | 26.03 | 38.93 | 51.82 | 64.71 | |
| 10 years | 14.815% | 25.12 | 30.17 | 40.28 | 50.39 | 60.50 | 70.61 | |
| 7 years | 14.706% | 38.27 | 42.47 | 50.87 | 59.26 | 67.66 | 76.05 | |
| 4 years | 14.874% | 57.43 | 60.29 | 66.01 | 71.74 | 77.46 | 83.19 | |
| 2 years | 16.563% | 73.60 | 75.19 | 78.38 | 81.57 | 84.76 | 87.95 | |
| 1 year | 17.299% | 85.25 | 86.10 | 87.81 | 89.51 | 91.22 | 92.92 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||