COUNTRY •
SLOVAKIA
Last Update: 22 Mar 2023 6:23 GMT+0
The Slovakia 10Y Government Bond has a 3.631% yield.
10 Years vs 2 Years bond spread is 49.3 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.50% (last modification in March 2023).
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 | 3.138% | -22.3 bp | +68.9 bp | 94.01 | +0.44 % | -1.33 % | 22 Mar | ||
| 5 years | 3.279% | -47.6 bp | +64.7 bp | 85.10 | +2.32 % | -3.10 % | 22 Mar | ||
| 6 years | 3.373% | -15.2 bp | +71.4 bp | 81.95 | +0.89 % | -4.07 % | 22 Mar | ||
| 8 years | 3.392% | -10.6 bp | +46.2 bp | 76.58 | +0.83 % | -3.52 % | 22 Mar | ||
| 9 years | 3.489% | +13.6 bp | +47.4 bp | 73.44 | -1.18 % | -4.05 % | 22 Mar | ||
| 10 years | 3.631% | +12.9 bp | +55.7 bp | 70.00 | -1.24 % | -5.25 % | 22 Mar | ||
| 13 years | 3.992% | +17.9 bp | +47.6 bp | 60.12 | -2.21 % | -5.78 % | 22 Mar | ||
| 18 years | 4.086% | +31.3 bp | +50.2 bp | 48.63 | -5.28 % | -8.35 % | 22 Mar | ||
| 30 years | 3.876% | -2.8 bp | +59.4 bp | 31.96 | +0.82 % | -15.78 % | 22 Mar | ||
| 50 years | 3.501% | -12.3 bp | +48.5 bp | 17.90 | +6.17 % | -20.90 % | 22 Mar | ||
Last Update: 22 Mar 2023 6:23 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).
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| Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (3.50%) |
|||
|---|---|---|---|---|---|---|
| 2 years | 5 years | 10 years | ||||
| 30 years | 3.876% | 37.6 bp | ||||
| 10 years | 3.631% | 13.1 bp | ||||
| 5 years | 3.279% | -22.1 bp | ||||
| 2 years | 3.138% | -36.2 bp | ||||
Focusing on 2 years Government Bond:
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| 5Y vs 2Y | 14.1 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 49.3 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
|
negative |
| Fitch Ratings |
A
|
negative |
| DBRS |
A
|
- |
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 | 3.50% |
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 3.631% 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 | 334.2 bp | +34.0 bp | +50.9 bp | Compare | |
| Germany 10Y | 134.1 bp | +36.5 bp | +23.9 bp | Compare | |
| France 10Y | 81.1 bp | +31.2 bp | +26.5 bp | Compare | |
| China 10Y | 75.1 bp | +18.7 bp | +35.5 bp | Compare | |
| Canada 10Y | 72.0 bp | +61.9 bp | +77.4 bp | Compare | |
| Spain 10Y | 28.7 bp | +37.6 bp | +35.1 bp | Compare | |
| United Kingdom 10Y | 27.3 bp | +38.0 bp | +73.1 bp | Compare | |
| Australia 10Y | 26.3 bp | +64.4 bp | +104.7 bp | Compare | |
| United States 10Y | 4.8 bp | +46.2 bp | +68.4 bp | Compare | |
| Italy 10Y | -48.4 bp | +48.8 bp | +60.2 bp | Compare | |
| India 10Y | -372.3 bp | +20.4 bp | +51.5 bp | Compare | |
| Russia 10Y | -752.9 bp | -5.1 bp | -14.3 bp | Compare | |
| Brazil 10Y | -944.0 bp | +25.4 bp | -84.1 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 | 3.501% | 17.90 | 41.35 | 88.25 | 135.15 | 182.06 | 228.96 | ||
| 30 years | 3.876% | 31.96 | 49.51 | 84.62 | 119.73 | 154.84 | 189.95 | ||
| 18 years | 4.086% | 48.63 | 61.21 | 86.35 | 111.49 | 136.63 | 161.78 | ||
| 13 years | 3.992% | 60.12 | 70.11 | 90.09 | 110.07 | 130.05 | 150.03 | ||
| 10 years | 3.631% | 70.00 | 78.26 | 94.79 | 111.31 | 127.83 | 144.36 | ||
| 9 years | 3.489% | 73.44 | 81.05 | 96.28 | 111.50 | 126.72 | 141.95 | ||
| 8 years | 3.392% | 76.58 | 83.48 | 97.29 | 111.10 | 124.91 | 138.72 | ||
| 6 years | 3.373% | 81.95 | 87.30 | 98.00 | 108.71 | 119.41 | 130.11 | ||
| 5 years | 3.279% | 85.10 | 89.65 | 98.73 | 107.82 | 116.91 | 125.99 | ||
| 2 years | 3.138% | 94.01 | 95.92 | 99.74 | 103.56 | 107.38 | 111.19 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||