COUNTRY • PAKISTAN
Last Update: 2 Oct 2023 5:15 GMT+0

The Pakistan 10Y Government Bond has a 16.903% yield.

Central Bank Rate is 22.00% (last modification in June 2023).

The Pakistan credit rating is CCC+, according to Standard & Poor's agency.

Current 5-Years Credit Default Swap quotation is 505.92 and implied probability of default is 8.43%.

If data are not all visible, swipe table left
Residual
Maturity
Yield ZC Price Last
Change
Last Chg 1M Chg 6M Last Chg 1M Chg 6M
3 years 20.389% -152.2 bp +149.0 bp 57.31 +3.84 % -3.66 % 02 Oct
5 years 18.191% +20.9 bp +244.1 bp 43.36 -0.87 % -9.91 % 02 Oct
10 years 16.903% -18.3 bp +115.5 bp 20.98 +1.60 % -9.45 % 02 Oct
14 years 15.891% -1.2 bp +23.5 bp 12.69 +0.16 % -2.76 % 02 Oct
20 years 15.859% -2.3 bp +21.3 bp 5.27 +0.57 % -3.48 % 02 Oct
Last Update: 2 Oct 2023 5:15 GMT+0

Pakistan 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).
If data are not all visible, swipe table left
Residual
Maturity
Yield Spread vs Bond Spread vs
Central Bank
Rate (22.00%)
5 years
10 years 16.903% -509.7 bp
5 years 18.191%
-380.9 bp

Pakistan 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 Pakistan Credit Ratings History
Rating Agency Rating Outlook
Standard & Poor's
CCC+
-
Moody's Investors Service
Caa3
-
Fitch Ratings
CCC
-
DBRS
-
-

Pakistan 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 22.00%

Pakistan 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.
If data are not all visible, swipe table left
Credit Default Swap CDS Value Var % 1W Var % 1M Var % 1Y Implied PD(*)
5 Years CDS 505.92 +4.74 % +9.47 % +12.08 % 8.43 %
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.

Pakistan 10Y Bond Yield Spread

The Pakistan 10Y Government Bond has a 16.903% 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.
If data are not all visible, swipe table left
Pakistan 10Y vs Current Spread Chg 1M Chg 6M
Japan 10Y 1614.1 bp -32.4 bp +72.2 bp Compare
China 10Y 1419.7 bp -26.6 bp +132.3 bp Compare
Germany 10Y 1404.1 bp -50.5 bp +57.9 bp Compare
France 10Y 1348.2 bp -52.8 bp +51.8 bp Compare
Spain 10Y 1295.1 bp -57.1 bp +49.8 bp Compare
Canada 10Y 1283.4 bp -65.4 bp +0.3 bp Compare
Australia 10Y 1239.1 bp -65.3 bp -12.0 bp Compare
United Kingdom 10Y 1237.8 bp -30.6 bp +9.5 bp Compare
United States 10Y 1228.3 bp -62.2 bp +0.8 bp Compare
Italy 10Y 1211.1 bp -74.4 bp +44.0 bp Compare
India 10Y 969.3 bp -21.8 bp +126.0 bp Compare
Brazil 10Y 519.2 bp -74.2 bp +234.4 bp Compare
Russia 10Y 389.3 bp -112.3 bp -155.5 bp Compare

Pakistan 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.
If data are not all visible, swipe table left
Residual
Maturity
Yield Bond Price - with different Coupon Rates Fx
0% 1% 3% 5% 7% 9%
20 years 15.859% 5.27 11.24 23.19 35.13 47.08 59.03
14 years 15.891% 12.69 18.18 29.17 40.16 51.15 62.14
10 years 16.903% 20.98 25.65 35.00 44.35 53.70 63.05
5 years 18.191% 43.36 46.47 52.70 58.93 65.15 71.38
3 years 20.389% 57.31 59.40 63.59 67.78 71.97 76.15
Maturity Date 100.00 100.00 100.00 100.00 100.00 100.00

Back to Home Page - World Government Bonds

Share this page

Related Topics