COUNTRY •
SLOVAKIA
Last Update: 25 Sep 2023 2:15 GMT+0
The Slovakia 10Y Government Bond has a 3.850% yield.
10 Years vs 2 Years bond spread is 28.1 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 4.50% (last modification in September 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 | 3.569% | -11.7 bp | +41.2 bp | 93.23 | +0.23 % | -0.79 % | 23 Sep | ||
| 5 years | 3.674% | +12.2 bp | +49.0 bp | 83.49 | -0.60 % | -2.34 % | 23 Sep | ||
| 6 years | 3.660% | +6.0 bp | +43.4 bp | 80.60 | -0.35 % | -2.48 % | 22 Sep | ||
| 8 years | 3.747% | +4.6 bp | +51.1 bp | 74.51 | -0.35 % | -3.87 % | 23 Sep | ||
| 9 years | 3.773% | +14.3 bp | +38.5 bp | 71.65 | -1.24 % | -3.29 % | 23 Sep | ||
| 10 years | 3.850% | +18.1 bp | +40.3 bp | 68.54 | -1.72 % | -3.82 % | 23 Sep | ||
| 13 years | 4.219% | +12.1 bp | +32.5 bp | 58.44 | -1.50 % | -3.98 % | 23 Sep | ||
| 18 years | 4.195% | +14.9 bp | +35.5 bp | 47.73 | -2.53 % | -5.95 % | 23 Sep | ||
| 30 years | 4.197% | +17.2 bp | +46.5 bp | 29.13 | -4.84 % | -12.55 % | 22 Sep | ||
| 50 years | 4.095% | +17.2 bp | +67.6 bp | 13.44 | -7.95 % | -27.82 % | 22 Sep | ||
Last Update: 25 Sep 2023 2:15 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 (4.50%) |
|||
|---|---|---|---|---|---|---|
| 2 years | 5 years | 10 years | ||||
| 30 years | 4.197% | -30.3 bp | ||||
| 10 years | 3.850% | -65.0 bp | ||||
| 5 years | 3.674% | -82.6 bp | ||||
| 2 years | 3.569% | -93.1 bp | ||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 5Y vs 2Y | 10.5 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 28.1 bp | Yield Curve is flat 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+
|
- |
| 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 | 4.50% |
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 3.850% 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 | 312.6 bp | +10.8 bp | -6.2 bp | Compare | |
| China 10Y | 114.3 bp | +5.7 bp | +58.8 bp | Compare | |
| Germany 10Y | 111.8 bp | +0.5 bp | -17.9 bp | Compare | |
| France 10Y | 56.5 bp | -1.5 bp | -21.3 bp | Compare | |
| Spain 10Y | 4.4 bp | -4.6 bp | -18.5 bp | Compare | |
| Canada 10Y | -10.0 bp | -3.7 bp | -78.1 bp | Compare | |
| United Kingdom 10Y | -40.9 bp | +35.7 bp | -57.2 bp | Compare | |
| Australia 10Y | -46.4 bp | +0.9 bp | -68.4 bp | Compare | |
| United States 10Y | -60.9 bp | -4.5 bp | -68.4 bp | Compare | |
| Italy 10Y | -78.2 bp | -21.9 bp | -22.6 bp | Compare | |
| India 10Y | -330.0 bp | +23.7 bp | +57.1 bp | Compare | |
| Brazil 10Y | -757.1 bp | -13.1 bp | +196.8 bp | Compare | |
| Russia 10Y | -870.5 bp | -43.4 bp | -99.2 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 | 4.095% | 13.44 | 34.58 | 76.85 | 119.13 | 161.40 | 203.68 | ||
| 30 years | 4.197% | 29.13 | 46.02 | 79.79 | 113.56 | 147.33 | 181.10 | ||
| 18 years | 4.195% | 47.73 | 60.19 | 85.11 | 110.03 | 134.95 | 159.88 | ||
| 13 years | 4.219% | 58.44 | 68.29 | 87.99 | 107.69 | 127.40 | 147.10 | ||
| 10 years | 3.850% | 68.54 | 76.71 | 93.05 | 109.40 | 125.74 | 142.08 | ||
| 9 years | 3.773% | 71.65 | 79.17 | 94.19 | 109.22 | 124.24 | 139.27 | ||
| 8 years | 3.747% | 74.51 | 81.31 | 94.92 | 108.52 | 122.13 | 135.74 | ||
| 6 years | 3.660% | 80.60 | 85.90 | 96.50 | 107.10 | 117.70 | 128.31 | ||
| 5 years | 3.674% | 83.49 | 87.99 | 96.97 | 105.96 | 114.94 | 123.93 | ||
| 2 years | 3.569% | 93.23 | 95.12 | 98.92 | 102.72 | 106.51 | 110.31 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||