COUNTRY •
RUSSIA
Last Update: 3 Oct 2022 14:15 GMT+0
The Russia 10Y Government Bond has a 10.000% yield.
10 Years vs 2 Years bond spread is -88 bp. Yield Curve is inverted 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 month | 20.300% | 0.0 bp | 0.0 bp | 14 Mar | |||||
| 2 months | 21.430% | 0.0 bp | 0.0 bp | 14 Mar | |||||
| 3 months | 22.310% | 0.0 bp | 0.0 bp | 14 Mar | |||||
| 6 months | 23.420% | 0.0 bp | 0.0 bp | 14 Mar | |||||
| 1 year | 9.760% | +152.0 bp | -400.0 bp | 91.11 | -1.39 % | +3.65 % | 03 Oct | ||
| 2 years | 10.880% | +153.0 bp | -168.5 bp | 81.34 | -2.74 % | +3.07 % | 03 Oct | ||
| 3 years | 9.305% | +117.5 bp | -331.5 bp | 76.57 | -3.20 % | +9.37 % | 03 Oct | ||
| 5 years | 10.885% | +199.5 bp | -67.5 bp | 59.65 | -8.68 % | +3.08 % | 03 Oct | ||
| 7 years | 10.595% | +171.5 bp | -121.5 bp | 49.41 | -10.38 % | +7.93 % | 03 Oct | ||
| 10 years | 10.000% | +65.0 bp | -126.0 bp | 38.55 | -5.77 % | +12.06 % | 03 Oct | ||
| 15 years | 10.745% | +165.5 bp | -74.5 bp | 21.63 | -20.24 % | +10.58 % | 03 Oct | ||
| 20 years | 10.995% | +170.5 bp | -33.0 bp | 12.41 | -26.65 % | +6.07 % | 03 Oct | ||
Last Update: 3 Oct 2022 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 | 10.000% | 250.0 bp | ||||
| 5 years | 10.885% | 338.5 bp | ||||
| 2 years | 10.880% | 338.0 bp | ||||
| 1 year | 9.760% | 226.0 bp | ||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | 112 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 0.5 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -88 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 | 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.
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| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD(*) | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 13,775.17 | 0.00 % | 0.00 % | +15521.65 % | 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 10.000% 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 | 975.0 bp | +63.7 bp | -129.2 bp | Compare | |
| Germany 10Y | 805.7 bp | +21.5 bp | -264.5 bp | Compare | |
| France 10Y | 745.4 bp | +23.9 bp | -277.8 bp | Compare | |
| China 10Y | 721.8 bp | +50.4 bp | -122.0 bp | Compare | |
| Spain 10Y | 688.7 bp | +21.2 bp | -288.5 bp | Compare | |
| Canada 10Y | 688.6 bp | +63.1 bp | -192.3 bp | Compare | |
| United States 10Y | 636.3 bp | +20.6 bp | -250.8 bp | Compare | |
| Australia 10Y | 611.3 bp | +40.3 bp | -231.3 bp | Compare | |
| United Kingdom 10Y | 597.4 bp | -47.5 bp | -366.4 bp | Compare | |
| Italy 10Y | 571.0 bp | +16.1 bp | -345.3 bp | Compare | |
| India 10Y | 253.2 bp | +41.4 bp | -188.5 bp | Compare | |
| Brazil 10Y | -196.3 bp | +71.1 bp | -225.1 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 | 10.995% | 12.41 | 20.38 | 36.31 | 52.24 | 68.18 | 84.11 | ||
| 15 years | 10.745% | 21.63 | 28.93 | 43.51 | 58.10 | 72.69 | 87.27 | ||
| 10 years | 10.000% | 38.55 | 44.70 | 56.99 | 69.28 | 81.57 | 93.86 | ||
| 7 years | 10.595% | 49.41 | 54.19 | 63.74 | 73.29 | 82.84 | 92.38 | ||
| 5 years | 10.885% | 59.65 | 63.36 | 70.77 | 78.19 | 85.60 | 93.01 | ||
| 3 years | 9.305% | 76.57 | 79.09 | 84.13 | 89.16 | 94.20 | 99.23 | ||
| 2 years | 10.880% | 81.34 | 83.05 | 86.48 | 89.91 | 93.34 | 96.78 | ||
| 1 year | 9.760% | 91.11 | 92.02 | 93.84 | 95.66 | 97.49 | 99.31 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||