Last Update: 26 Sep 2020 2:15 GMT+0
The Philippines 10Y Government Bond has a 3.095% yield.
10 Years vs 2 Years bond spread is 91.3 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.25% (last modification in June 2020).
The Philippines credit rating is BBB+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 57.62 and implied probability of default is 0.96%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 34.7 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 61.4 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 91.3 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 | 2.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 57.62 | +29.45 % | +20.12 % | +18.54 % | 0.96 % |
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 | 1.106% | -3.0 bp | -200.2 bp | ||||||
| 3 months | 1.137% | -2.4 bp | -209.6 bp | ||||||
| 6 months | 1.594% | +18.1 bp | -184.0 bp | ||||||
| 1 year | 1.835% | +10.0 bp | -170.9 bp | 98.20 | -0.09 % | +1.68 % | |||
| 2 years | 2.182% | +17.5 bp | -236.0 bp | 95.77 | -0.34 % | +4.67 % | |||
| 3 years | 2.353% | +23.1 bp | -235.1 bp | 93.26 | -0.67 % | +7.05 % | |||
| 4 years | 2.505% | +33.2 bp | -234.8 bp | 90.58 | -1.29 % | +9.49 % | |||
| 5 years | 2.796% | +16.9 bp | -212.8 bp | 87.12 | -0.82 % | +10.78 % | |||
| 7 years | 2.960% | +27.8 bp | -204.3 bp | 81.53 | -1.88 % | +14.75 % | |||
| 10 years | 3.095% | +34.8 bp | -191.7 bp | 73.73 | -3.32 % | +20.24 % | |||
| 20 years | 4.062% | +73.8 bp | -104.9 bp | 45.10 | -13.27 % | +22.22 % | |||
| 25 years | 3.772% | -1.0 bp | -167.6 bp | 39.63 | +0.25 % | +49.27 % | |||
10Y Bond Yield Spread - Philippines vs Main Countries
The Philippines 10Y Government Bond has a 3.095% 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 | 362.1 bp | +45.2 | -175.9 | ||
| France 10Y | 334.7 bp | +47.0 | -170.6 | ||
| Japan 10Y | 309.0 bp | +38.2 | -190.2 | ||
| United Kingdom 10Y | 290.2 bp | +45.5 | -172.9 | ||
| Spain 10Y | 284.8 bp | +47.5 | -165.1 | ||
| Canada 10Y | 255.3 bp | +41.5 | -161.7 | ||
| United States 10Y | 243.9 bp | +38.0 | -172.5 | ||
| Australia 10Y | 225.7 bp | +43.7 | -184.1 | ||
| Italy 10Y | 220.4 bp | +53.8 | -162.3 | ||
| China 10Y | -3.2 bp | +28.9 | -236.0 | ||
| India 10Y | -294.3 bp | +51.3 | -173.0 | ||
| Russia 10Y | -318.5 bp | +27.3 | -115.7 | ||
| Brazil 10Y | -397.9 bp | +10.4 | -45.1 |
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 | 3.772% | 39.63 | 55.63 | 87.64 | 119.65 | 151.67 | 183.68 | |
| 20 years | 4.062% | 45.10 | 58.61 | 85.65 | 112.68 | 139.71 | 166.74 | |
| 10 years | 3.095% | 73.73 | 82.22 | 99.19 | 116.17 | 133.15 | 150.13 | |
| 7 years | 2.960% | 81.53 | 87.77 | 100.25 | 112.73 | 125.21 | 137.69 | |
| 5 years | 2.796% | 87.12 | 91.73 | 100.94 | 110.15 | 119.37 | 128.58 | |
| 4 years | 2.505% | 90.58 | 94.34 | 101.86 | 109.38 | 116.91 | 124.43 | |
| 3 years | 2.353% | 93.26 | 96.12 | 101.85 | 107.58 | 113.31 | 119.04 | |
| 2 years | 2.182% | 95.77 | 97.71 | 101.58 | 105.46 | 109.33 | 113.20 | |
| 1 year | 1.835% | 98.20 | 99.18 | 101.14 | 103.11 | 105.07 | 107.04 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||