COUNTRY •
RUSSIA
Last Update: 28 Jun 2022 11:15 GMT+0
The Russia 10Y Government Bond has a 8.620% yield.
10 Years vs 2 Years bond spread is -2 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 9.50% (last modification in June 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 month | 20.300% | 0.0 bp | +1192.0 bp | 14 Mar | |||||
| 2 months | 21.430% | 0.0 bp | +1293.0 bp | 14 Mar | |||||
| 3 months | 22.310% | 0.0 bp | +1361.0 bp | 14 Mar | |||||
| 6 months | 23.420% | 0.0 bp | +1432.0 bp | 14 Mar | |||||
| 1 year | 8.655% | -122.5 bp | +79.5 bp | 92.03 | +1.12 % | -0.73 % | 28 Jun | ||
| 2 years | 8.640% | -132.0 bp | +30.5 bp | 84.73 | +2.45 % | -0.55 % | 28 Jun | ||
| 3 years | 8.470% | -134.0 bp | +5.5 bp | 78.36 | +3.76 % | -0.15 % | 28 Jun | ||
| 5 years | 8.645% | -109.5 bp | +24.5 bp | 66.06 | +5.14 % | -1.12 % | 28 Jun | ||
| 7 years | 8.500% | -107.0 bp | +0.5 bp | 56.49 | +7.11 % | -0.04 % | 28 Jun | ||
| 10 years | 8.620% | -89.0 bp | +20.5 bp | 43.74 | +8.51 % | -1.88 % | 28 Jun | ||
| 15 years | 8.770% | -69.0 bp | +37.5 bp | 28.34 | +9.97 % | -5.03 % | 28 Jun | ||
| 20 years | 8.745% | -64.5 bp | +33.0 bp | 18.70 | +12.58 % | -5.89 % | 28 Jun | ||
Last Update: 28 Jun 2022 11:15 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 (9.50%) |
|||
|---|---|---|---|---|---|---|
| 1 year | 2 years | 5 years | ||||
| 10 years | 8.620% | -88.0 bp | ||||
| 5 years | 8.645% | -85.5 bp | ||||
| 2 years | 8.640% | -86.0 bp | ||||
| 1 year | 8.655% | -84.5 bp | ||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -1.5 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 0.5 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -2 bp | Yield Curve is inverted 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 | 9.50% |
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 % | +1.15 % | +15525.19 % | 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 8.620% 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 | 839.0 bp | -89.7 bp | +3.4 bp | Compare | |
| Germany 10Y | 696.5 bp | -156.9 bp | -168.6 bp | Compare | |
| France 10Y | 642.9 bp | -158.7 bp | -185.5 bp | Compare | |
| United Kingdom 10Y | 613.3 bp | -145.3 bp | -135.9 bp | Compare | |
| Spain 10Y | 587.8 bp | -154.4 bp | -202.7 bp | Compare | |
| China 10Y | 576.3 bp | -99.7 bp | +16.8 bp | Compare | |
| United States 10Y | 537.1 bp | -139.6 bp | -156.0 bp | Compare | |
| Canada 10Y | 516.2 bp | -155.8 bp | -177.7 bp | Compare | |
| Italy 10Y | 493.6 bp | -167.8 bp | -238.4 bp | Compare | |
| Australia 10Y | 480.1 bp | -146.0 bp | -202.7 bp | Compare | |
| India 10Y | 116.3 bp | -99.7 bp | -77.4 bp | Compare | |
| Brazil 10Y | -416.2 bp | -123.9 bp | -187.0 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 | 8.745% | 18.70 | 28.00 | 46.59 | 65.18 | 83.78 | 102.37 | ||
| 15 years | 8.770% | 28.34 | 36.51 | 52.85 | 69.19 | 85.54 | 101.88 | ||
| 10 years | 8.620% | 43.74 | 50.27 | 63.32 | 76.37 | 89.43 | 102.48 | ||
| 7 years | 8.500% | 56.49 | 61.61 | 71.85 | 82.09 | 92.32 | 102.56 | ||
| 5 years | 8.645% | 66.06 | 69.99 | 77.84 | 85.69 | 93.54 | 101.39 | ||
| 3 years | 8.470% | 78.36 | 80.91 | 86.02 | 91.13 | 96.24 | 101.35 | ||
| 2 years | 8.640% | 84.73 | 86.49 | 90.03 | 93.57 | 97.10 | 100.64 | ||
| 1 year | 8.655% | 92.03 | 92.95 | 94.80 | 96.64 | 98.48 | 100.32 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||