COUNTRY •
NORWAY
Last Update: 26 Sep 2023 14:15 GMT+0
The Norway 10Y Government Bond has a 3.958% yield.
Central Bank Rate is 4.25% (last modification in September 2023).
The Norway credit rating is AAA, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 12.90 and implied probability of default is 0.22%.
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Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
3 months | 4.040% | -33.9 bp | +93.3 bp | 26 Sep | |||||
6 months | 4.183% | +7.6 bp | +96.0 bp | 26 Sep | |||||
9 months | 4.245% | -6.5 bp | +101.4 bp | 26 Sep | |||||
1 year | 4.290% | +0.9 bp | +103.7 bp | 95.89 | 0.00 % | -0.99 % | 26 Sep | ||
3 years | 4.188% | -11.2 bp | +126.0 bp | 88.42 | +0.33 % | -3.59 % | 26 Sep | ||
5 years | 4.095% | +5.2 bp | +120.7 bp | 81.82 | -0.24 % | -5.66 % | 26 Sep | ||
10 years | 3.958% | +6.6 bp | +98.5 bp | 67.83 | -0.63 % | -9.08 % | 26 Sep | ||
20 years | 3.712% | +15.5 bp | +89.3 bp | 48.24 | -2.96 % | -15.88 % | 26 Sep |
Last Update: 26 Sep 2023 14:15 GMT+0
Norway Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
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Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (4.25%) |
|||
---|---|---|---|---|---|---|
3 months | 1 year | 5 years | ||||
10 years | 3.958% | -29.2 bp | ||||
5 years | 4.095% | -15.5 bp | ||||
1 year | 4.290% | 4.0 bp | ||||
3 months | 4.040% | -21.0 bp |
Readings that may interest you
Norway Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
Norway Credit Ratings History
Rating Agency | Rating | Outlook |
---|---|---|
Standard & Poor's |
AAA
|
- |
Moody's Investors Service |
Aaa
|
- |
Fitch Ratings |
AAA
|
- |
DBRS |
AAA
|
- |
Norway Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
Interest Rates | Value | |
---|---|---|
Central Bank Rate | 4.25% |
Norway Credit Default Swaps
The term credit default swap (CDS) refers to a financial derivative that allows an investor to swap or offset their credit risk with that of another investor. To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults.
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Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
---|---|---|---|---|---|---|
5 Years CDS | 12.90 | 0.00 % | 0.00 % | +29.00 % | 0.22 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
Norway 10Y Bond Yield Spread
The Norway 10Y Government Bond has a 3.958% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, 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.
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Norway 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 322.9 bp | -1.2 bp | +51.5 bp | Compare | |
China 10Y | 122.8 bp | -8.2 bp | +114.7 bp | Compare | |
Germany 10Y | 117.9 bp | -15.7 bp | +32.9 bp | Compare | |
France 10Y | 62.3 bp | -18.0 bp | +31.9 bp | Compare | |
Spain 10Y | 8.9 bp | -22.4 bp | +33.4 bp | Compare | |
Canada 10Y | -7.9 bp | -23.4 bp | -28.6 bp | Compare | |
United Kingdom 10Y | -37.7 bp | +16.6 bp | -3.8 bp | Compare | |
Australia 10Y | -43.5 bp | -19.1 bp | -21.2 bp | Compare | |
United States 10Y | -56.2 bp | -22.3 bp | -16.3 bp | Compare | |
Italy 10Y | -73.6 bp | -39.6 bp | +29.4 bp | Compare | |
India 10Y | -318.8 bp | +12.6 bp | +115.7 bp | Compare | |
Brazil 10Y | -762.9 bp | -40.9 bp | +238.4 bp | Compare | |
Russia 10Y | -875.2 bp | -70.4 bp | -56.5 bp | Compare |
Norway 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.
Click on
for a forecast of the yield.
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Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
---|---|---|---|---|---|---|---|---|---|
0% | 1% | 3% | 5% | 7% | 9% | ||||
20 years | 3.712% | 48.24 | 62.18 | 90.07 | 117.96 | 145.85 | 173.73 | ||
10 years | 3.958% | 67.83 | 75.96 | 92.21 | 108.47 | 124.73 | 140.98 | ||
5 years | 4.095% | 81.82 | 86.26 | 95.14 | 104.02 | 112.90 | 121.78 | ||
3 years | 4.188% | 88.42 | 91.18 | 96.71 | 102.25 | 107.78 | 113.31 | ||
1 year | 4.290% | 95.89 | 96.85 | 98.76 | 100.68 | 102.60 | 104.52 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |