Last Update: 28 Mar 2020 11:15 GMT+0
The Nigeria 10Y Government Bond has a 13.021% yield.
10 Years vs 2 Years bond spread is 549.2 bp. Normal Convexity 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 | 276.5 bp | Normal Convexity in Short-Term Maturities | ||
| 10Y vs 2Y | 549.2 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
B-
|
- |
| Moody's Investors Service |
B2
|
negative |
| Fitch Ratings |
B+
|
negative |
| 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 | 2.554% | -149.3 bp | -1074.4 bp | ||||||
| 6 months | 4.008% | +92.3 bp | -927.3 bp | ||||||
| 1 year | 4.764% | -55.7 bp | -1058.0 bp | 95.45 | +0.53 % | +10.09 % | |||
| 2 years | 7.529% | +97.7 bp | -695.0 bp | 86.49 | -1.81 % | +13.36 % | |||
| 4 years | 11.149% | +379.5 bp | -314.6 bp | 65.52 | -12.98 % | +11.81 % | |||
| 7 years | 12.749% | +281.6 bp | -158.5 bp | 43.17 | -16.24 % | +10.27 % | |||
| 10 years | 13.021% | +294.4 bp | -136.0 bp | 29.40 | -23.22 % | +12.69 % | |||
| 20 years | 16.946% | +633.0 bp | +245.8 bp | 4.37 | -67.12 % | -34.58 % | |||
10Y Bond Yield Spread - Nigeria vs Main Countries
The Nigeria 10Y Government Bond has a 13.021% 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 | 1349.8 bp | +281.2 | -145.6 | ||
| France 10Y | 1308.4 bp | +271.4 | -157.7 | ||
| Japan 10Y | 1301.0 bp | +278.4 | -159.5 | ||
| United Kingdom 10Y | 1266.9 bp | +304.0 | -122.8 | ||
| Spain 10Y | 1250.4 bp | +270.9 | -172.3 | ||
| United States 10Y | 1234.5 bp | +343.1 | -34.9 | ||
| Canada 10Y | 1228.6 bp | +333.9 | -73.7 | ||
| Australia 10Y | 1216.4 bp | +278.6 | -125.8 | ||
| Italy 10Y | 1171.0 bp | +271.9 | -184.4 | ||
| China 10Y | 1033.9 bp | +305.7 | -88.4 | ||
| India 10Y | 687.7 bp | +317.1 | -77.5 | ||
| Russia 10Y | 599.1 bp | +238.4 | -137.0 | ||
| Brazil 10Y | 520.4 bp | +187.8 | -212.7 |
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 | 16.946% | 4.37 | 10.01 | 21.30 | 32.58 | 43.87 | 55.16 | |
| 10 years | 13.021% | 29.40 | 34.83 | 45.67 | 56.51 | 67.36 | 78.20 | |
| 7 years | 12.749% | 43.17 | 47.63 | 56.55 | 65.46 | 74.37 | 83.29 | |
| 4 years | 11.149% | 65.52 | 68.61 | 74.80 | 80.98 | 87.17 | 93.35 | |
| 2 years | 7.529% | 86.49 | 88.28 | 91.87 | 95.46 | 99.05 | 102.64 | |
| 1 year | 4.764% | 95.45 | 96.41 | 98.32 | 100.23 | 102.13 | 104.04 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||