Last Update: 18 Apr 2019 20:15 GMT+0
The Philippines 10Y Government Bond has a 6.114% yield.
10 Years vs 2 Years bond spread is 10.5 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities
Central Bank Rate is 4.75%.
The Philippines rating is BBB, according to Standard & Poor's agency.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -9 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -2.1 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 10.5 bp | Yield Curve is flat in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BBB
|
positive |
| Moody's Investors Service |
Baa2
|
- |
| Fitch Ratings |
BBB
|
- |
| DBRS |
-
|
- |
| Philippines Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 4.75% |
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 | 5.599% | +11.5 bp | +94.3 bp | ||||||
| 3 months | 5.751% | -1.2 bp | +97.3 bp | ||||||
| 6 months | 6.026% | +0.8 bp | +25.0 bp | ||||||
| 1 year | 6.099% | +0.9 bp | -18.4 bp | 94.25 | -0.01 % | +0.17 % | |||
| 2 years | 6.009% | -10.8 bp | -175.3 bp | 88.98 | +0.20 % | +3.33 % | |||
| 3 years | 5.944% | -15.5 bp | -134.3 bp | 84.10 | +0.44 % | +3.85 % | |||
| 4 years | 5.895% | -22.0 bp | -238.4 bp | 79.52 | +0.82 % | +9.31 % | |||
| 5 years | 5.988% | -18.5 bp | -256.9 bp | 74.77 | +0.88 % | +12.72 % | |||
| 7 years | 6.091% | -7.9 bp | -189.2 bp | 66.11 | +0.53 % | +13.18 % | |||
| 10 years | 6.114% | -8.5 bp | -193.8 bp | 55.24 | +0.80 % | +19.83 % | |||
| 20 years | 6.130% | -27.4 bp | -267.0 bp | 30.43 | +5.29 % | +64.40 % | |||
| 25 years | 6.280% | -17.0 bp | -302.4 bp | 21.81 | +4.06 % | +101.57 % | |||
10Y Bond Yield Spread - Philippines vs Main Countries
The Philippines 10Y Government Bond has a 6.114% 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 |
|
|---|---|---|---|---|---|
| Japan 10Y | 614.4 bp | -9.1 | -175.4 | ||
| Germany 10Y | 608.8 bp | -2.6 | -155.6 | ||
| France 10Y | 574.8 bp | +0.3 | -149.5 | ||
| Spain 10Y | 505.3 bp | +2.1 | -126.6 | ||
| United Kingdom 10Y | 492.5 bp | -7.9 | -158.6 | ||
| Canada 10Y | 434.8 bp | -13.5 | -120.4 | ||
| Australia 10Y | 418.9 bp | -3.5 | -114.1 | ||
| United States 10Y | 355.4 bp | -4.0 | -131.7 | ||
| Italy 10Y | 350.2 bp | -23.5 | -81.2 | ||
| China 10Y | 272.8 bp | -31.8 | -174.6 | ||
| India 10Y | -130.6 bp | -2.5 | -144.9 | ||
| Russia 10Y | -212.6 bp | -1.5 | -156.8 | ||
| Brazil 10Y | -284.6 bp | -23.5 | -47.8 |
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 | 6.280% | 21.81 | 34.26 | 59.16 | 84.06 | 108.96 | 133.86 | |
| 20 years | 6.130% | 30.43 | 41.78 | 64.47 | 87.17 | 109.87 | 132.57 | |
| 10 years | 6.114% | 55.24 | 62.56 | 77.20 | 91.84 | 106.49 | 121.13 | |
| 7 years | 6.091% | 66.11 | 71.67 | 82.80 | 93.93 | 105.06 | 116.19 | |
| 5 years | 5.988% | 74.77 | 78.98 | 87.41 | 95.84 | 104.26 | 112.69 | |
| 4 years | 5.895% | 79.52 | 83.00 | 89.94 | 96.89 | 103.84 | 110.79 | |
| 3 years | 5.944% | 84.10 | 86.77 | 92.12 | 97.47 | 102.83 | 108.18 | |
| 2 years | 6.009% | 88.98 | 90.82 | 94.48 | 98.15 | 101.82 | 105.48 | |
| 1 year | 6.099% | 94.25 | 95.19 | 97.08 | 98.96 | 100.85 | 102.73 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||