Last Update: 25 Jan 2022 3:15 GMT+0
The Philippines 10Y Government Bond has a 5.012% yield.
10 Years vs 2 Years bond spread is 272.4 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.00% (last modification in November 2020).
The Philippines credit rating is BBB+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 57.35 and implied probability of default is 0.96%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 86.9 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 157.9 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 272.4 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BBB+
|
- |
| Moody's Investors Service |
Baa2
|
- |
| Fitch Ratings |
BBB
|
negative |
| DBRS |
-
|
- |
| Philippines Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 2.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 57.35 | +9.24 % | +22.49 % | +19.01 % | 0.96 % |
Philippines 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 | ||||
| 1 month | 0.719% | -44.1 bp | -13.5 bp | ||||||
| 3 months | 0.818% | -35.0 bp | -38.8 bp | ||||||
| 6 months | 1.128% | -16.1 bp | -27.7 bp | ||||||
| 1 year | 1.419% | -19.1 bp | -17.2 bp | 98.60 | +0.18 % | +0.17 % | |||
| 2 years | 2.288% | -49.6 bp | +13.3 bp | 95.58 | +0.97 % | -0.26 % | |||
| 3 years | 3.214% | +1.8 bp | +78.5 bp | 90.95 | -0.04 % | -2.26 % | |||
| 4 years | 3.342% | -6.3 bp | +75.0 bp | 87.68 | +0.25 % | -2.87 % | |||
| 5 years | 3.867% | -2.2 bp | +97.1 bp | 82.72 | +0.11 % | -4.59 % | |||
| 7 years | 4.666% | +21.3 bp | +100.7 bp | 72.67 | -1.41 % | -6.55 % | |||
| 10 years | 5.012% | +15.9 bp | +111.5 bp | 61.32 | -1.51 % | -10.13 % | |||
| 20 years | 5.022% | +5.1 bp | +19.1 bp | 37.53 | -0.98 % | -3.57 % | |||
Philippines 10Y Bond Yield Spread
The Philippines 10Y Government Bond has a 5.012% 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.
| Philippines 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Germany 10Y | 512.3 bp | +1.6 bp | +80.6 bp | Compare | |
| Japan 10Y | 488.1 bp | +8.7 bp | +100.4 bp | Compare | |
| France 10Y | 471.1 bp | -2.4 bp | +72.7 bp | Compare | |
| Spain 10Y | 438.1 bp | +4.5 bp | +74.9 bp | Compare | |
| United Kingdom 10Y | 388.3 bp | -4.8 bp | +57.5 bp | Compare | |
| Italy 10Y | 366.0 bp | -7.2 bp | +38.5 bp | Compare | |
| United States 10Y | 324.1 bp | -11.9 bp | +62.5 bp | Compare | |
| Canada 10Y | 319.4 bp | -18.3 bp | +50.5 bp | Compare | |
| Australia 10Y | 305.4 bp | -20.5 bp | +35.9 bp | Compare | |
| China 10Y | 231.0 bp | +30.1 bp | +135.1 bp | Compare | |
| India 10Y | -164.0 bp | -3.1 bp | +62.8 bp | Compare | |
| Russia 10Y | -470.3 bp | -113.6 bp | -161.0 bp | Compare | |
| Brazil 10Y | -610.0 bp | -71.2 bp | -82.9 bp | Compare |
Philippines 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 | 5.022% | 37.53 | 49.97 | 74.85 | 99.73 | 124.60 | 149.48 | |
| 10 years | 5.012% | 61.32 | 69.04 | 84.47 | 99.91 | 115.34 | 130.78 | |
| 7 years | 4.666% | 72.67 | 78.53 | 90.24 | 101.96 | 113.67 | 125.38 | |
| 5 years | 3.867% | 82.72 | 87.19 | 96.13 | 105.06 | 114.00 | 122.94 | |
| 4 years | 3.342% | 87.68 | 91.37 | 98.74 | 106.11 | 113.49 | 120.86 | |
| 3 years | 3.214% | 90.95 | 93.76 | 99.40 | 105.03 | 110.67 | 116.30 | |
| 2 years | 2.288% | 95.58 | 97.51 | 101.38 | 105.24 | 109.11 | 112.98 | |
| 1 year | 1.419% | 98.60 | 99.59 | 101.56 | 103.53 | 105.50 | 107.47 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||