COUNTRY •
SLOVAKIA
Last Update: 28 Jun 2022 5:23 GMT+0
The Slovakia 10Y Government Bond has a 2.639% yield.
10 Years vs 2 Years bond spread is 130.7 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 0.00% (last modification in March 2016).
The Slovakia credit rating is A+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 49.10 and implied probability of default is 0.82%.
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 | ||||
| 2 years | 1.332% | +73.1 bp | +227.2 bp | 97.39 | -1.44 % | -4.44 % | 28 Jun | ||
| 5 years | 1.964% | +80.2 bp | +246.8 bp | 90.73 | -3.88 % | -11.53 % | 28 Jun | ||
| 6 years | 2.078% | +67.9 bp | +252.8 bp | 88.39 | -3.92 % | -13.97 % | 28 Jun | ||
| 8 years | 2.457% | +77.8 bp | +270.7 bp | 82.35 | -5.92 % | -19.28 % | 28 Jun | ||
| 9 years | 2.583% | +79.9 bp | +288.1 bp | 79.49 | -6.80 % | -22.61 % | 28 Jun | ||
| 10 years | 2.639% | +71.6 bp | +268.9 bp | 77.07 | -6.76 % | -23.31 % | 28 Jun | ||
| 13 years | 2.991% | +64.6 bp | +299.6 bp | 68.17 | -7.85 % | -31.88 % | 28 Jun | ||
| 18 years | 2.944% | +54.6 bp | +236.9 bp | 59.32 | -9.13 % | -34.23 % | 28 Jun | ||
| 30 years | 3.119% | +50.7 bp | +234.9 bp | 39.80 | -13.74 % | -49.90 % | 28 Jun | ||
| 50 years | 2.975% | +44.9 bp | +189.9 bp | 23.09 | -19.63 % | -60.57 % | 28 Jun | ||
Last Update: 28 Jun 2022 5:23 GMT+0
Slovakia 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 (0.00%) |
|||
|---|---|---|---|---|---|---|
| 2 years | 5 years | 10 years | ||||
| 30 years | 3.119% | 311.9 bp | ||||
| 10 years | 2.639% | 263.9 bp | ||||
| 5 years | 1.964% | 196.4 bp | ||||
| 2 years | 1.332% | 133.2 bp | ||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 5Y vs 2Y | 63.2 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 130.7 bp | Normal Convexity in Long-Term vs Short-Term Maturities |
Readings that may interest you
Slovakia 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
Slovakia Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
A+
|
negative |
| Moody's Investors Service |
A2
|
- |
| Fitch Ratings |
A
|
- |
| DBRS |
A (high)
|
- |
Slovakia 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 | 0.00% |
Slovakia 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 | 49.10 | -3.63 % | -1.05 % | +17.46 % | 0.82 % |
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
Slovakia 10Y Bond Yield Spread
The Slovakia 10Y Government Bond has a 2.639% 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
| Slovakia 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 241.0 bp | +71.0 bp | +251.9 bp | Compare | |
| Germany 10Y | 109.6 bp | +14.9 bp | +91.0 bp | Compare | |
| France 10Y | 56.4 bp | +13.5 bp | +74.5 bp | Compare | |
| United Kingdom 10Y | 25.2 bp | +25.3 bp | +122.5 bp | Compare | |
| Spain 10Y | -4.8 bp | +11.7 bp | +51.2 bp | Compare | |
| China 10Y | -21.3 bp | +61.4 bp | +265.7 bp | Compare | |
| United States 10Y | -54.2 bp | +27.8 bp | +99.2 bp | Compare | |
| Canada 10Y | -74.2 bp | +12.5 bp | +78.4 bp | Compare | |
| Italy 10Y | -98.0 bp | -0.7 bp | +16.5 bp | Compare | |
| Australia 10Y | -110.3 bp | +22.3 bp | +53.4 bp | Compare | |
| India 10Y | -480.8 bp | +61.9 bp | +172.0 bp | Compare | |
| Russia 10Y | -602.1 bp | +156.6 bp | +244.4 bp | Compare | |
| Brazil 10Y | -1014.3 bp | +36.7 bp | +61.4 bp | Compare |
Slovakia 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% | ||||
| 50 years | 2.975% | 23.09 | 48.94 | 100.65 | 152.35 | 204.06 | 255.76 | ||
| 30 years | 3.119% | 39.80 | 59.10 | 97.70 | 136.31 | 174.91 | 213.52 | ||
| 18 years | 2.944% | 59.32 | 73.14 | 100.77 | 128.41 | 156.05 | 183.69 | ||
| 13 years | 2.991% | 68.17 | 78.81 | 100.10 | 121.38 | 142.66 | 163.94 | ||
| 10 years | 2.639% | 77.07 | 85.76 | 103.14 | 120.52 | 137.90 | 155.27 | ||
| 9 years | 2.583% | 79.49 | 87.43 | 103.31 | 119.19 | 135.07 | 150.95 | ||
| 8 years | 2.457% | 82.35 | 89.53 | 103.90 | 118.27 | 132.63 | 147.00 | ||
| 6 years | 2.078% | 88.39 | 93.98 | 105.15 | 116.32 | 127.50 | 138.67 | ||
| 5 years | 1.964% | 90.73 | 95.45 | 104.89 | 114.33 | 123.76 | 133.20 | ||
| 2 years | 1.332% | 97.39 | 99.35 | 103.27 | 107.19 | 111.11 | 115.03 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||