Last Update: 19 Jan 2022 18:15 GMT+0
The Nigeria 10Y Government Bond has a 12.617% yield.
10 Years vs 2 Years bond spread is 520.3 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 | 194.3 bp | Normal Convexity in Short-Term Maturities | ||
| 10Y vs 2Y | 520.3 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 | 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% | 0.0 bp | -224.1 bp | ||||||
| 6 months | 4.381% | 0.0 bp | -92.2 bp | ||||||
| 1 year | 5.471% | -3.0 bp | -306.5 bp | 94.81 | +0.02 % | +2.90 % | |||
| 2 years | 7.414% | -22.0 bp | -357.4 bp | 86.67 | +0.41 % | +6.76 % | |||
| 4 years | 10.510% | -6.1 bp | -109.0 bp | 67.05 | +0.22 % | +4.00 % | |||
| 7 years | 12.058% | -37.9 bp | -29.1 bp | 45.07 | +2.39 % | +1.83 % | |||
| 10 years | 12.617% | +2.0 bp | +0.5 bp | 30.48 | -0.16 % | -0.03 % | |||
| 20 years | 12.850% | -20.4 bp | -31.2 bp | 8.91 | +3.60 % | +5.69 % | |||
Nigeria 10Y Bond Yield Spread
The Nigeria 10Y Government Bond has a 12.617% 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 | 1262.7 bp | -35.2 bp | -37.9 bp | Compare | |
| Japan 10Y | 1248.3 bp | -7.2 bp | -11.4 bp | Compare | |
| France 10Y | 1223.9 bp | -38.7 bp | -41.9 bp | Compare | |
| Spain 10Y | 1193.8 bp | -32.3 bp | -33.4 bp | Compare | |
| United Kingdom 10Y | 1135.5 bp | -47.8 bp | -71.1 bp | Compare | |
| Italy 10Y | 1121.1 bp | -48.6 bp | -69.8 bp | Compare | |
| United States 10Y | 1078.5 bp | -40.5 bp | -63.5 bp | Compare | |
| Canada 10Y | 1075.2 bp | -52.4 bp | -71.5 bp | Compare | |
| Australia 10Y | 1066.1 bp | -34.6 bp | -77.3 bp | Compare | |
| China 10Y | 987.2 bp | +14.6 bp | +22.6 bp | Compare | |
| India 10Y | 601.9 bp | -16.7 bp | -46.6 bp | Compare | |
| Russia 10Y | 334.7 bp | -83.5 bp | -204.0 bp | Compare | |
| Brazil 10Y | 106.6 bp | -76.7 bp | -275.7 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 | 12.850% | 8.91 | 16.00 | 30.18 | 44.35 | 58.53 | 72.71 | |
| 10 years | 12.617% | 30.48 | 35.99 | 47.01 | 58.03 | 69.05 | 80.07 | |
| 7 years | 12.058% | 45.07 | 49.63 | 58.74 | 67.85 | 76.96 | 86.07 | |
| 4 years | 10.510% | 67.05 | 70.18 | 76.45 | 82.73 | 89.00 | 95.27 | |
| 2 years | 7.414% | 86.67 | 88.47 | 92.06 | 95.66 | 99.26 | 102.85 | |
| 1 year | 5.471% | 94.81 | 95.76 | 97.66 | 99.55 | 101.45 | 103.35 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||