Last Update: 20 Sep 2021 5:15 GMT+0
The Nigeria 10Y Government Bond has a 11.942% yield.
10 Years vs 2 Years bond spread is 331.9 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 11.50% (last modification in September 2020).
The Nigeria credit rating is B-, according to Standard & Poor's agency.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 34.7 bp | Normal Convexity in Short-Term Maturities | ||
| 10Y vs 2Y | 331.9 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
|
- |
| DBRS |
-
|
- |
| Nigeria Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 11.50% |
Nigeria 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 | 2.802% | -3.9 bp | +143.2 bp | ||||||
| 6 months | 4.381% | +11.4 bp | +35.9 bp | ||||||
| 1 year | 8.276% | +271.1 bp | +354.4 bp | 92.36 | -2.50 % | -3.27 % | |||
| 2 years | 8.623% | -112.1 bp | +180.5 bp | 84.75 | +2.07 % | -3.30 % | |||
| 4 years | 9.992% | -72.6 bp | +250.8 bp | 68.32 | +2.66 % | -8.81 % | |||
| 7 years | 11.599% | +4.8 bp | +147.1 bp | 46.39 | -0.28 % | -8.86 % | |||
| 10 years | 11.942% | +2.2 bp | +135.6 bp | 32.36 | -0.22 % | -11.49 % | |||
| 20 years | 12.755% | +8.6 bp | +129.1 bp | 9.06 | -1.52 % | -20.60 % | |||
Nigeria 10Y Bond Yield Spread
The Nigeria 10Y Government Bond has a 11.942% 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. 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.
| Nigeria 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Germany 10Y | 1222.4 bp | -19.1 bp | +135.0 bp | Compare | |
| Japan 10Y | 1189.7 bp | -1.7 bp | +142.0 bp | Compare | |
| France 10Y | 1189.5 bp | -17.3 bp | +126.8 bp | Compare | |
| Spain 10Y | 1158.7 bp | -12.1 bp | +134.6 bp | Compare | |
| Italy 10Y | 1122.4 bp | -14.9 bp | +130.5 bp | Compare | |
| United Kingdom 10Y | 1109.4 bp | -29.9 bp | +135.4 bp | Compare | |
| Canada 10Y | 1065.9 bp | -11.8 bp | +166.5 bp | Compare | |
| Australia 10Y | 1061.5 bp | -23.2 bp | +187.8 bp | Compare | |
| United States 10Y | 1057.9 bp | -8.6 bp | +172.3 bp | Compare | |
| China 10Y | 905.1 bp | -0.1 bp | +173.3 bp | Compare | |
| India 10Y | 578.2 bp | +9.6 bp | +138.9 bp | Compare | |
| Russia 10Y | 485.7 bp | -11.3 bp | +130.6 bp | Compare | |
| Brazil 10Y | 85.2 bp | -42.1 bp | -109.3 bp | Compare |
Nigeria 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.
For each maturity, the current market yield is shown.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 20 years | 12.755% | 9.06 | 16.19 | 30.45 | 44.71 | 58.97 | 73.23 | |
| 10 years | 11.942% | 32.36 | 38.03 | 49.36 | 60.68 | 72.01 | 83.34 | |
| 7 years | 11.599% | 46.39 | 51.01 | 60.25 | 69.50 | 78.74 | 87.99 | |
| 4 years | 9.992% | 68.32 | 71.49 | 77.83 | 84.17 | 90.51 | 96.85 | |
| 2 years | 8.623% | 84.75 | 86.52 | 90.06 | 93.59 | 97.13 | 100.67 | |
| 1 year | 8.276% | 92.36 | 93.28 | 95.13 | 96.97 | 98.82 | 100.67 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||