COUNTRY •
RUSSIA
Last Update: 9 Feb 2023 0:23 GMT+0
The Russia 10Y Government Bond has a 10.680% yield.
10 Years vs 2 Years bond spread is 135 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 | 14.340% | +221.0 bp | +315.0 bp | 87.46 | -1.93 % | -2.76 % | 09 Feb | ||
| 2 years | 9.330% | +54.0 bp | +32.0 bp | 83.66 | -0.98 % | -0.58 % | 09 Feb | ||
| 3 years | 8.460% | -89.5 bp | +55.0 bp | 78.38 | +2.50 % | -1.51 % | 09 Feb | ||
| 5 years | 9.690% | +10.0 bp | +69.0 bp | 62.97 | -0.46 % | -3.11 % | 09 Feb | ||
| 7 years | 10.120% | +28.0 bp | +139.0 bp | 50.93 | -1.76 % | -8.50 % | 09 Feb | ||
| 10 years | 10.680% | +34.0 bp | +163.0 bp | 36.25 | -3.02 % | -13.79 % | 09 Feb | ||
| 15 years | 11.150% | +47.5 bp | +173.0 bp | 20.48 | -6.23 % | -20.96 % | 09 Feb | ||
| 20 years | 10.720% | +43.0 bp | +166.0 bp | 13.05 | -7.45 % | -26.06 % | 09 Feb | ||
Last Update: 9 Feb 2023 0:23 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 | 10.680% | 318.0 bp | ||||
| 5 years | 9.690% | 219.0 bp | ||||
| 2 years | 9.330% | 183.0 bp | ||||
| 1 year | 14.340% | 684.0 bp | ||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -501 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 36 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 135 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 % | +6995.48 % | 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 10.680% 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 | 1019.2 bp | +35.0 bp | +131.0 bp | Compare | |
| Germany 10Y | 833.7 bp | +23.0 bp | +20.7 bp | Compare | |
| France 10Y | 787.4 bp | +27.0 bp | +30.1 bp | Compare | |
| China 10Y | 776.2 bp | +32.7 bp | +146.0 bp | Compare | |
| Canada 10Y | 764.4 bp | +40.9 bp | +130.5 bp | Compare | |
| United Kingdom 10Y | 734.5 bp | +53.7 bp | +28.6 bp | Compare | |
| Spain 10Y | 731.0 bp | +25.0 bp | +32.3 bp | Compare | |
| United States 10Y | 706.0 bp | +24.8 bp | +79.6 bp | Compare | |
| Australia 10Y | 701.3 bp | +37.4 bp | +118.9 bp | Compare | |
| Italy 10Y | 647.1 bp | +32.4 bp | +49.9 bp | Compare | |
| India 10Y | 333.6 bp | +33.8 bp | +163.4 bp | Compare | |
| Brazil 10Y | -262.6 bp | +3.6 bp | +46.3 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 | 10.720% | 13.05 | 21.16 | 37.38 | 53.60 | 69.83 | 86.05 | ||
| 15 years | 11.150% | 20.48 | 27.61 | 41.88 | 56.14 | 70.40 | 84.67 | ||
| 10 years | 10.680% | 36.25 | 42.22 | 54.16 | 66.10 | 78.03 | 89.97 | ||
| 7 years | 10.120% | 50.93 | 55.77 | 65.47 | 75.17 | 84.87 | 94.57 | ||
| 5 years | 9.690% | 62.97 | 66.80 | 74.44 | 82.08 | 89.72 | 97.36 | ||
| 3 years | 8.460% | 78.38 | 80.93 | 86.05 | 91.16 | 96.27 | 101.38 | ||
| 2 years | 9.330% | 83.66 | 85.41 | 88.91 | 92.42 | 95.92 | 99.42 | ||
| 1 year | 14.340% | 87.46 | 88.33 | 90.08 | 91.83 | 93.58 | 95.33 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||