COUNTRY •
SERBIA
Last Update: 28 Jun 2022 2:15 GMT+0
The Serbia 10Y Government Bond has a 6.813% yield.
10 Years vs 2 Years bond spread is 251.8 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.50% (last modification in June 2022).
The Serbia credit rating is BB+, according to Standard & Poor's agency.
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Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
1 year | 4.034% | +40.6 bp | +163.4 bp | 96.12 | -0.39 % | -1.58 % | 27 Jun | ||
2 years | 4.295% | -16.0 bp | +167.2 bp | 91.93 | +0.31 % | -3.18 % | 28 Jun | ||
3 years | 5.225% | +30.0 bp | +244.6 bp | 85.83 | -0.85 % | -6.82 % | 27 Jun | ||
7 years | 7.075% | +19.5 bp | +347.5 bp | 61.97 | -1.27 % | -20.62 % | 27 Jun | ||
10 years | 6.813% | +10.4 bp | +279.6 bp | 51.73 | -0.98 % | -23.31 % | 27 Jun |
Last Update: 28 Jun 2022 2:15 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).
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Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (2.50%) |
||
---|---|---|---|---|---|
1 year | 2 years | ||||
10 years | 6.813% | 431.3 bp | |||
2 years | 4.295% | 179.5 bp | |||
1 year | 4.034% | 153.4 bp |
Focusing on 2 years Government Bond:
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2Y vs 1Y | 26.1 bp | Normal Convexity in Short-Term Maturities | ||
10Y vs 2Y | 251.8 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 | 2.50% |
Serbia 10Y Bond Yield Spread
The Serbia 10Y Government Bond has a 6.813% 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
Serbia 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 658.4 bp | +9.8 bp | +262.6 bp | Compare | |
Germany 10Y | 527.0 bp | -46.3 bp | +101.7 bp | Compare | |
France 10Y | 473.8 bp | -47.7 bp | +85.2 bp | Compare | |
United Kingdom 10Y | 442.6 bp | -35.9 bp | +133.2 bp | Compare | |
Spain 10Y | 412.6 bp | -49.5 bp | +61.9 bp | Compare | |
China 10Y | 396.1 bp | +0.2 bp | +276.4 bp | Compare | |
United States 10Y | 363.2 bp | -33.4 bp | +109.9 bp | Compare | |
Canada 10Y | 343.2 bp | -48.7 bp | +89.1 bp | Compare | |
Italy 10Y | 319.4 bp | -61.9 bp | +27.2 bp | Compare | |
Australia 10Y | 307.1 bp | -38.9 bp | +64.1 bp | Compare | |
India 10Y | -63.4 bp | +0.7 bp | +182.7 bp | Compare | |
Russia 10Y | -184.7 bp | +95.4 bp | +255.1 bp | Compare | |
Brazil 10Y | -596.9 bp | -24.5 bp | +72.1 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.
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% | ||||
10 years | 6.813% | 51.73 | 58.82 | 72.99 | 87.16 | 101.32 | 115.49 | ||
7 years | 7.075% | 61.97 | 67.35 | 78.10 | 88.85 | 99.60 | 110.35 | ||
3 years | 5.225% | 85.83 | 88.54 | 93.97 | 99.39 | 104.81 | 110.24 | ||
2 years | 4.295% | 91.93 | 93.81 | 97.57 | 101.32 | 105.08 | 108.84 | ||
1 year | 4.034% | 96.12 | 97.08 | 99.01 | 100.93 | 102.85 | 104.77 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |