Last Update: 18 Jun 2019 18:15 GMT+0
The Philippines 10Y Government Bond has a 5.225% yield.
10 Years vs 2 Years bond spread is 22.9 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities
Central Bank Rate is 4.50%.
The Philippines rating is BBB+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 58.28 and implied probability of default is 0.97%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -6.8 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 17 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 22.9 bp | Yield Curve is flat in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BBB+
|
- |
| Moody's Investors Service |
Baa2
|
- |
| Fitch Ratings |
BBB
|
- |
| DBRS |
-
|
- |
| Philippines Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 4.50% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 58.28 | -1.44 % | +1.32 % | -34.65 % | 0.97 % |
Philippines 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 | ||||
| 1 month | 4.349% | -109.4 bp | -89.6 bp | ||||||
| 3 months | 4.521% | -93.8 bp | -93.0 bp | ||||||
| 6 months | 4.845% | -94.8 bp | -171.5 bp | ||||||
| 1 year | 5.064% | -87.0 bp | -165.8 bp | 95.18 | +0.83 % | +1.58 % | |||
| 2 years | 4.996% | -83.1 bp | -187.9 bp | 90.71 | +1.59 % | +3.61 % | |||
| 3 years | 5.055% | -74.7 bp | -178.9 bp | 86.25 | +2.16 % | +5.20 % | |||
| 4 years | 5.137% | -63.9 bp | -181.1 bp | 81.84 | +2.45 % | +7.06 % | |||
| 5 years | 5.166% | -58.8 bp | -193.4 bp | 77.74 | +2.83 % | +9.54 % | |||
| 7 years | 5.195% | -60.1 bp | -190.7 bp | 70.15 | +4.06 % | +13.40 % | |||
| 10 years | 5.225% | -59.7 bp | -187.1 bp | 60.09 | +5.81 % | +19.27 % | |||
| 20 years | 5.393% | -48.2 bp | -204.0 bp | 34.98 | +9.55 % | +46.73 % | |||
| 25 years | 5.505% | -57.5 bp | -197.5 bp | 26.19 | +14.57 % | +59.02 % | |||
10Y Bond Yield Spread - Philippines vs Main Countries
The Philippines 10Y Government Bond has a 5.225% 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.
| Philippines 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Germany 10Y | 554.4 bp | -38.4 | -131.2 | ||
| Japan 10Y | 535.9 bp | -51.9 | -171.4 | ||
| France 10Y | 521.1 bp | -32.5 | -117.6 | ||
| Spain 10Y | 482.7 bp | -11.2 | -88.4 | ||
| United Kingdom 10Y | 441.7 bp | -36.7 | -139.9 | ||
| Australia 10Y | 386.8 bp | -31.5 | -83.1 | ||
| Canada 10Y | 379.9 bp | -33.4 | -128.2 | ||
| United States 10Y | 316.7 bp | -26.2 | -110.3 | ||
| Italy 10Y | 310.4 bp | -3.8 | -106.5 | ||
| China 10Y | 196.6 bp | -57.3 | -172.1 | ||
| India 10Y | -158.3 bp | -4.3 | -133.4 | ||
| Russia 10Y | -233.5 bp | -11.7 | -65.1 | ||
| Brazil 10Y | -266.5 bp | +61.3 | -4.1 |
Philippines 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% | |||
| 25 years | 5.505% | 26.19 | 39.60 | 66.41 | 93.23 | 120.04 | 146.86 | |
| 20 years | 5.393% | 34.98 | 47.03 | 71.15 | 95.26 | 119.38 | 143.49 | |
| 10 years | 5.225% | 60.09 | 67.73 | 83.01 | 98.28 | 113.56 | 128.83 | |
| 7 years | 5.195% | 70.15 | 75.90 | 87.39 | 98.88 | 110.37 | 121.86 | |
| 5 years | 5.166% | 77.74 | 82.05 | 90.67 | 99.28 | 107.90 | 116.52 | |
| 4 years | 5.137% | 81.84 | 85.38 | 92.45 | 99.52 | 106.59 | 113.65 | |
| 3 years | 5.055% | 86.25 | 88.97 | 94.41 | 99.85 | 105.29 | 110.73 | |
| 2 years | 4.996% | 90.71 | 92.57 | 96.29 | 100.01 | 103.73 | 107.45 | |
| 1 year | 5.064% | 95.18 | 96.13 | 98.04 | 99.94 | 101.84 | 103.75 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||