COUNTRY •
RUSSIA
Last Update: 29 May 2023 14:15 GMT+0
The Russia 10Y Government Bond has a 10.720% yield.
10 Years vs 2 Years bond spread is 126 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 7.50% (last modification in September 2022).
The Russia credit rating is NR, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 13,775.17 and implied probability of default is 100.00%.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | ZC Price | Last Change |
||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 1 year | 8.555% | +56.5 bp | -192.5 bp | 92.12 | -0.52 % | +1.78 % | 29 May | ||
| 2 years | 9.460% | +62.0 bp | +96.0 bp | 83.46 | -1.14 % | -1.75 % | 29 May | ||
| 3 years | 9.060% | +42.0 bp | +5.5 bp | 77.09 | -1.15 % | -0.16 % | 29 May | ||
| 5 years | 10.070% | +13.0 bp | +90.5 bp | 61.89 | -0.59 % | -4.05 % | 29 May | ||
| 7 years | 10.275% | +10.5 bp | +70.0 bp | 50.43 | -0.65 % | -4.36 % | 29 May | ||
| 10 years | 10.720% | +10.0 bp | +61.0 bp | 36.12 | -0.91 % | -5.37 % | 29 May | ||
| 15 years | 11.135% | +15.5 bp | +65.5 bp | 20.52 | -2.10 % | -8.52 % | 29 May | ||
| 20 years | 11.400% | +18.0 bp | +73.0 bp | 11.54 | -3.19 % | -12.31 % | 29 May | ||
Last Update: 29 May 2023 14:15 GMT+0
Russia Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (7.50%) |
|||
|---|---|---|---|---|---|---|
| 1 year | 2 years | 5 years | ||||
| 10 years | 10.720% | 322.0 bp | ||||
| 5 years | 10.070% | 257.0 bp | ||||
| 2 years | 9.460% | 196.0 bp | ||||
| 1 year | 8.555% | 105.5 bp | ||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | 90.5 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 61 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 126 bp | Normal Convexity in Long-Term vs Short-Term Maturities |
Readings that may interest you
Russia Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
Russia Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
NR
|
- |
| Moody's Investors Service |
NR
|
- |
| Fitch Ratings |
NR
|
- |
| DBRS |
-
|
- |
Russia Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
| Interest Rates | Value | |
|---|---|---|
| Central Bank Rate | 7.50% |
Russia Credit Default Swaps
The term credit default swap (CDS) refers to a financial derivative that allows an investor to swap or offset their credit risk with that of another investor. To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults.
If data are not all visible, swipe table left
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 13,775.17 | 0.00 % | 0.00 % | +1.15 % | 100.00 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
Russia 10Y Bond Yield Spread
The Russia 10Y Government Bond has a 10.720% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, 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.
If data are not all visible, swipe table left
| Russia 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 1029.1 bp | +4.6 bp | +43.7 bp | Compare | |
| Germany 10Y | 829.4 bp | -0.3 bp | +11.6 bp | Compare | |
| China 10Y | 797.9 bp | +15.3 bp | +78.0 bp | Compare | |
| France 10Y | 772.5 bp | +0.2 bp | +16.8 bp | Compare | |
| Canada 10Y | 739.2 bp | -37.0 bp | +29.8 bp | Compare | |
| Spain 10Y | 722.9 bp | -2.2 bp | +3.1 bp | Compare | |
| Australia 10Y | 705.8 bp | -29.3 bp | +58.1 bp | Compare | |
| United States 10Y | 695.9 bp | -22.8 bp | +60.1 bp | Compare | |
| Italy 10Y | 644.3 bp | +0.1 bp | +16.1 bp | Compare | |
| United Kingdom 10Y | 639.2 bp | -50.6 bp | -60.3 bp | Compare | |
| India 10Y | 369.6 bp | +19.2 bp | +86.5 bp | Compare | |
| Brazil 10Y | -89.6 bp | +84.9 bp | +220.0 bp | Compare |
Russia 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.
Click on
for a forecast of the yield.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | ||||
| 20 years | 11.400% | 11.54 | 19.30 | 34.82 | 50.34 | 65.86 | 81.38 | ||
| 15 years | 11.135% | 20.52 | 27.66 | 41.94 | 56.21 | 70.49 | 84.76 | ||
| 10 years | 10.720% | 36.12 | 42.08 | 54.00 | 65.91 | 77.83 | 89.75 | ||
| 7 years | 10.275% | 50.43 | 55.25 | 64.90 | 74.55 | 84.20 | 93.85 | ||
| 5 years | 10.070% | 61.89 | 65.68 | 73.25 | 80.82 | 88.38 | 95.95 | ||
| 3 years | 9.060% | 77.09 | 79.62 | 84.68 | 89.73 | 94.79 | 99.85 | ||
| 2 years | 9.460% | 83.46 | 85.21 | 88.71 | 92.20 | 95.70 | 99.20 | ||
| 1 year | 8.555% | 92.12 | 93.04 | 94.88 | 96.73 | 98.57 | 100.41 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||