Last Update: 23 Aug 2019 4:15 GMT+0
The Nigeria 10Y Government Bond has a 14.311% yield.
10 Years vs 2 Years bond spread is -38 bp. Yield Curve is inverted 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 | -133.9 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 10Y vs 2Y | -38 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 | 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 | 15.191% | +548.1 bp | +354.9 bp | ||||||
| 6 months | 15.959% | +503.4 bp | +207.1 bp | ||||||
| 1 year | 16.030% | +350.1 bp | -127.4 bp | 86.18 | -3.03 % | +1.09 % | |||
| 2 years | 14.691% | +195.9 bp | -178.0 bp | 76.02 | -3.39 % | +3.12 % | |||
| 4 years | 14.467% | +103.3 bp | -32.0 bp | 58.25 | -3.56 % | +1.13 % | |||
| 7 years | 14.105% | +47.5 bp | -38.1 bp | 39.71 | -2.86 % | +2.37 % | |||
| 10 years | 14.311% | +69.3 bp | -41.6 bp | 26.25 | -5.91 % | +3.71 % | |||
| 20 years | 14.462% | +47.7 bp | -1.3 bp | 6.71 | -8.08 % | +0.15 % | |||
10Y Bond Yield Spread - Nigeria vs Main Countries
The Nigeria 10Y Government Bond has a 14.311% 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 | 1495.2 bp | +98.6 | +31.4 | ||
| France 10Y | 1466.8 bp | +96.2 | +45.9 | ||
| Japan 10Y | 1454.9 bp | +78.5 | -21.8 | ||
| Spain 10Y | 1414.9 bp | +93.9 | +60.6 | ||
| United Kingdom 10Y | 1379.2 bp | +86.2 | +22.5 | ||
| Australia 10Y | 1333.3 bp | +103.5 | +68.7 | ||
| Canada 10Y | 1302.1 bp | +89.4 | +18.5 | ||
| Italy 10Y | 1300.6 bp | +99.1 | +115.4 | ||
| United States 10Y | 1267.4 bp | +112.8 | +60.1 | ||
| China 10Y | 1123.9 bp | +78.3 | -34.0 | ||
| India 10Y | 774.1 bp | +58.7 | +61.9 | ||
| Russia 10Y | 711.1 bp | +77.3 | +81.4 | ||
| Brazil 10Y | 709.6 bp | +70.8 | +129.9 |
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 | 14.462% | 6.71 | 13.16 | 26.06 | 38.96 | 51.87 | 64.77 | |
| 10 years | 14.311% | 26.25 | 31.40 | 41.71 | 52.02 | 62.32 | 72.63 | |
| 7 years | 14.105% | 39.71 | 43.98 | 52.53 | 61.08 | 69.63 | 78.18 | |
| 4 years | 14.467% | 58.25 | 61.13 | 66.91 | 72.68 | 78.45 | 84.22 | |
| 2 years | 14.691% | 76.02 | 77.65 | 80.92 | 84.18 | 87.45 | 90.71 | |
| 1 year | 16.030% | 86.18 | 87.05 | 88.77 | 90.49 | 92.22 | 93.94 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||