Last Update: 22 Oct 2019 20:15 GMT+0
The Philippines 10Y Government Bond has a 4.728% yield.
10 Years vs 2 Years bond spread is 77.2 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 4.00% (last modification in September 2019).
The Philippines credit rating is BBB+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 40.60 and implied probability of default is 0.68%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 39.9 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 38.2 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 77.2 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
|
- |
| DBRS |
-
|
- |
| Philippines Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 4.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 40.60 | -9.31 % | -11.39 % | -55.74 % | 0.68 % |
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 | 3.082% | -1.8 bp | -257.5 bp | ||||||
| 3 months | 3.205% | -0.4 bp | -252.3 bp | ||||||
| 6 months | 3.282% | -13.6 bp | -273.2 bp | ||||||
| 1 year | 3.557% | -14.3 bp | -254.5 bp | 96.57 | +0.15 % | +2.46 % | |||
| 2 years | 3.956% | -14.9 bp | -203.2 bp | 92.53 | +0.28 % | +3.94 % | |||
| 3 years | 4.069% | -14.6 bp | -188.3 bp | 88.72 | +0.42 % | +5.52 % | |||
| 4 years | 4.226% | -15.7 bp | -174.2 bp | 84.74 | +0.61 % | +6.85 % | |||
| 5 years | 4.338% | -19.3 bp | -166.2 bp | 80.87 | +0.92 % | +8.22 % | |||
| 7 years | 4.621% | -6.8 bp | -147.2 bp | 72.89 | +0.45 % | +10.27 % | |||
| 10 years | 4.728% | -9.5 bp | -140.9 bp | 63.00 | +0.90 % | +14.30 % | |||
| 20 years | 5.187% | +3.4 bp | -101.3 bp | 36.37 | -0.66 % | +21.11 % | |||
| 25 years | 5.325% | +15.5 bp | -95.5 bp | 27.33 | -3.63 % | +25.31 % | |||
10Y Bond Yield Spread - Philippines vs Main Countries
The Philippines 10Y Government Bond has a 4.728% 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 | 509.4 bp | -25.4 | -101.9 | ||
| Japan 10Y | 485.4 bp | -18.4 | -131.2 | ||
| France 10Y | 479.6 bp | -24.8 | -97.1 | ||
| Spain 10Y | 446.8 bp | -10.3 | -60.6 | ||
| United Kingdom 10Y | 401.6 bp | -18.3 | -93.0 | ||
| Italy 10Y | 370.8 bp | -18.4 | +16.8 | ||
| Australia 10Y | 357.8 bp | -22.7 | -60.9 | ||
| Canada 10Y | 320.2 bp | -23.4 | -114.7 | ||
| United States 10Y | 295.8 bp | -14.3 | -59.4 | ||
| China 10Y | 147.9 bp | -22.6 | -123.9 | ||
| Russia 10Y | -175.2 bp | +43.5 | +36.1 | ||
| Brazil 10Y | -183.7 bp | +42.0 | +96.6 | ||
| India 10Y | -208.7 bp | -12.8 | -75.0 |
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 | 5.325% | 27.33 | 40.98 | 68.27 | 95.57 | 122.86 | 150.15 | |
| 20 years | 5.187% | 36.37 | 48.64 | 73.17 | 97.71 | 122.24 | 146.77 | |
| 10 years | 4.728% | 63.00 | 70.83 | 86.48 | 102.13 | 117.78 | 133.43 | |
| 7 years | 4.621% | 72.89 | 78.76 | 90.49 | 102.22 | 113.96 | 125.69 | |
| 5 years | 4.338% | 80.87 | 85.28 | 94.10 | 102.92 | 111.74 | 120.56 | |
| 4 years | 4.226% | 84.74 | 88.35 | 95.57 | 102.79 | 110.02 | 117.24 | |
| 3 years | 4.069% | 88.72 | 91.49 | 97.04 | 102.58 | 108.12 | 113.67 | |
| 2 years | 3.956% | 92.53 | 94.42 | 98.20 | 101.97 | 105.74 | 109.52 | |
| 1 year | 3.557% | 96.57 | 97.53 | 99.46 | 101.39 | 103.32 | 105.26 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||