Last Update: 18 Jun 2019 18:15 GMT+0
The Nigeria 10Y Government Bond has a 14.558% yield.
10 Years vs 2 Years bond spread is 184.6 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 | -117.8 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 10Y vs 2Y | 184.6 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 | 11.095% | -99.5 bp | -421.1 bp | ||||||
| 6 months | 12.984% | +14.6 bp | -276.2 bp | ||||||
| 1 year | 13.890% | +4.5 bp | -376.2 bp | 87.80 | -0.05 % | +3.29 % | |||
| 2 years | 12.712% | -25.9 bp | -265.1 bp | 78.72 | +0.47 % | +4.76 % | |||
| 4 years | 14.594% | +10.0 bp | -57.4 bp | 57.99 | -0.34 % | +2.02 % | |||
| 7 years | 14.565% | +17.8 bp | -75.2 bp | 38.60 | -1.10 % | +4.66 % | |||
| 10 years | 14.558% | +29.4 bp | -117.1 bp | 25.69 | -2.54 % | +10.73 % | |||
| 20 years | 14.772% | +48.1 bp | -76.1 bp | 6.36 | -7.96 % | +14.18 % | |||
10Y Bond Yield Spread - Nigeria vs Main Countries
The Nigeria 10Y Government Bond has a 14.558% 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 | 1487.7 bp | +50.7 | -61.2 | ||
| Japan 10Y | 1469.2 bp | +37.2 | -101.4 | ||
| France 10Y | 1454.4 bp | +56.6 | -47.6 | ||
| Spain 10Y | 1416.0 bp | +77.9 | -18.4 | ||
| United Kingdom 10Y | 1375.0 bp | +52.4 | -69.9 | ||
| Australia 10Y | 1320.1 bp | +57.6 | -13.1 | ||
| Canada 10Y | 1313.2 bp | +55.7 | -58.2 | ||
| United States 10Y | 1250.0 bp | +62.9 | -40.3 | ||
| Italy 10Y | 1243.7 bp | +85.3 | -36.5 | ||
| China 10Y | 1129.9 bp | +31.8 | -102.1 | ||
| India 10Y | 775.0 bp | +84.8 | -63.4 | ||
| Russia 10Y | 699.8 bp | +77.4 | +4.9 | ||
| Brazil 10Y | 666.8 bp | +150.4 | +65.9 |
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 | 14.772% | 6.36 | 12.70 | 25.38 | 38.05 | 50.73 | 63.41 | |
| 10 years | 14.558% | 25.69 | 30.79 | 41.00 | 51.21 | 61.42 | 71.63 | |
| 7 years | 14.565% | 38.60 | 42.82 | 51.25 | 59.68 | 68.11 | 76.54 | |
| 4 years | 14.594% | 57.99 | 60.87 | 66.63 | 72.38 | 78.14 | 83.90 | |
| 2 years | 12.712% | 78.72 | 80.39 | 83.74 | 87.09 | 90.44 | 93.78 | |
| 1 year | 13.890% | 87.80 | 88.68 | 90.44 | 92.19 | 93.95 | 95.71 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||