COUNTRY •
SERBIA
Last Update: 29 Mar 2023 23:15 GMT+0
The Serbia 10Y Government Bond has a 6.626% yield.
10 Years vs 2 Years bond spread is 124.9 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 5.75% (last modification in March 2023).
The Serbia credit rating is BB+, according to Standard & Poor's agency.
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 | 4.994% | +9.0 bp | +75.3 bp | 95.24 | -0.09 % | -0.72 % | 29 Mar | ||
2 years | 5.377% | +7.7 bp | +106.2 bp | 90.06 | -0.14 % | -2.00 % | 29 Mar | ||
3 years | 5.421% | -52.3 bp | +2.6 bp | 85.35 | +1.49 % | -0.08 % | 29 Mar | ||
5 years | 5.630% | -38.0 bp | n.a. | 76.04 | +1.81 % | n.a. | 28 Mar | ||
10 years | 6.626% | -37.9 bp | -91.1 bp | 52.65 | +3.62 % | +8.89 % | 29 Mar |
Last Update: 29 Mar 2023 23:15 GMT+0
Serbia 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 (5.75%) |
|||
---|---|---|---|---|---|---|
1 year | 2 years | 5 years | ||||
10 years | 6.626% | 87.6 bp | ||||
5 years | 5.630% | -12.0 bp | ||||
2 years | 5.377% | -37.3 bp | ||||
1 year | 4.994% | -75.6 bp |
Focusing on 2 years Government Bond:
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2Y vs 1Y | 38.3 bp | Normal Convexity in Short-Term Maturities | ||
5Y vs 2Y | 25.3 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | 124.9 bp | Normal Convexity in Long-Term vs Short-Term Maturities |
Readings that may interest you
Serbia 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
Serbia Credit Ratings History
Rating Agency | Rating | Outlook |
---|---|---|
Standard & Poor's |
BB+
|
- |
Moody's Investors Service |
Ba2
|
- |
Fitch Ratings |
BB+
|
- |
DBRS |
-
|
- |
Serbia 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 | 5.75% |
Serbia 10Y Bond Yield Spread
The Serbia 10Y Government Bond has an estimated 0.000% yield.
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
Serbia 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 632.7 bp | -17.7 bp | -96.7 bp | Compare | |
Germany 10Y | 431.1 bp | +5.5 bp | -110.8 bp | Compare | |
France 10Y | 379.6 bp | +1.8 bp | -100.8 bp | Compare | |
China 10Y | 375.0 bp | -31.1 bp | -100.5 bp | Compare | |
Canada 10Y | 366.5 bp | +16.3 bp | -70.2 bp | Compare | |
Australia 10Y | 330.4 bp | +23.3 bp | -32.4 bp | Compare | |
Spain 10Y | 327.3 bp | +5.6 bp | -95.7 bp | Compare | |
United Kingdom 10Y | 316.3 bp | +10.2 bp | -29.1 bp | Compare | |
United States 10Y | 305.3 bp | +11.1 bp | -64.7 bp | Compare | |
Italy 10Y | 247.1 bp | +8.5 bp | -55.9 bp | Compare | |
India 10Y | -67.0 bp | -24.5 bp | -80.9 bp | Compare | |
Russia 10Y | -369.4 bp | +30.1 bp | -99.1 bp | Compare | |
Brazil 10Y | -627.4 bp | +25.6 bp | -184.8 bp | Compare |
Serbia 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.
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Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
---|---|---|---|---|---|---|---|---|---|
0% | 1% | 3% | 5% | 7% | 9% | ||||
10 years | 6.626% | 52.65 | 59.79 | 74.09 | 88.38 | 102.67 | 116.97 | ||
5 years | 5.630% | 76.04 | 80.30 | 88.81 | 97.32 | 105.83 | 114.34 | ||
3 years | 5.421% | 85.35 | 88.05 | 93.46 | 98.86 | 104.27 | 109.67 | ||
2 years | 5.377% | 90.06 | 91.90 | 95.60 | 99.30 | 103.00 | 106.70 | ||
1 year | 4.994% | 95.24 | 96.20 | 98.10 | 100.01 | 101.91 | 103.82 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |