COUNTRY •
SLOVAKIA
Last Update: 1 Dec 2022 3:23 GMT+0
The Slovakia 10Y Government Bond has a 3.161% yield.
10 Years vs 2 Years bond spread is 15.8 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 2.00% (last modification in October 2022).
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 | 3.003% | +32.6 bp | +218.3 bp | 94.25 | -0.63 % | -4.20 % | 01 Dec | ||
| 5 years | 2.717% | -7.8 bp | +132.7 bp | 87.46 | +0.39 % | -6.29 % | 01 Dec | ||
| 6 years | 2.958% | -12.2 bp | +138.1 bp | 83.95 | +0.71 % | -7.79 % | 01 Dec | ||
| 8 years | 3.144% | -24.5 bp | +131.5 bp | 78.06 | +1.91 % | -9.76 % | 01 Dec | ||
| 9 years | 3.125% | -33.8 bp | +118.4 bp | 75.81 | +2.99 % | -9.87 % | 01 Dec | ||
| 10 years | 3.161% | -42.3 bp | +105.5 bp | 73.26 | +4.18 % | -9.77 % | 01 Dec | ||
| 13 years | 3.553% | -59.0 bp | +104.3 bp | 63.52 | +7.68 % | -12.33 % | 01 Dec | ||
| 18 years | 3.539% | -53.6 bp | +93.6 bp | 53.47 | +9.73 % | -15.09 % | 01 Dec | ||
| 30 years | 3.289% | -39.7 bp | +48.0 bp | 37.88 | +12.20 % | -13.04 % | 01 Dec | ||
| 50 years | 3.014% | -43.5 bp | +29.6 bp | 22.66 | +23.49 % | -13.38 % | 01 Dec | ||
Last Update: 1 Dec 2022 3:23 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 (2.00%) |
|||
|---|---|---|---|---|---|---|
| 2 years | 5 years | 10 years | ||||
| 30 years | 3.289% | 128.9 bp | ||||
| 10 years | 3.161% | 116.1 bp | ||||
| 5 years | 2.717% | 71.7 bp | ||||
| 2 years | 3.003% | 100.3 bp | ||||
Focusing on 2 years Government Bond:
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| 5Y vs 2Y | -28.6 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 15.8 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+
|
negative |
| Moody's Investors Service |
A2
|
negative |
| Fitch Ratings |
A
|
negative |
| DBRS |
A (high)
|
negative |
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 | 2.00% |
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 3.161% 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 | 289.4 bp | -44.0 bp | +102.0 bp | Compare | |
| Germany 10Y | 127.2 bp | -17.4 bp | +34.2 bp | Compare | |
| France 10Y | 76.0 bp | -16.3 bp | +34.3 bp | Compare | |
| China 10Y | 22.9 bp | -68.5 bp | +92.3 bp | Compare | |
| Canada 10Y | 22.6 bp | -9.1 bp | +109.7 bp | Compare | |
| Spain 10Y | 21.4 bp | -9.0 bp | +42.9 bp | Compare | |
| United Kingdom 10Y | 0.5 bp | -12.1 bp | +4.1 bp | Compare | |
| Australia 10Y | -33.0 bp | -14.9 bp | +103.8 bp | Compare | |
| United States 10Y | -46.3 bp | +0.1 bp | +34.2 bp | Compare | |
| Italy 10Y | -71.3 bp | -3.2 bp | +37.6 bp | Compare | |
| India 10Y | -411.9 bp | -30.7 bp | +118.9 bp | Compare | |
| Russia 10Y | -691.9 bp | -64.3 bp | +28.5 bp | Compare | |
| Brazil 10Y | -956.3 bp | -135.0 bp | +89.7 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 | 3.014% | 22.66 | 48.32 | 99.64 | 150.96 | 202.29 | 253.61 | ||
| 30 years | 3.289% | 37.88 | 56.77 | 94.54 | 132.32 | 170.09 | 207.87 | ||
| 18 years | 3.539% | 53.47 | 66.62 | 92.91 | 119.21 | 145.50 | 171.80 | ||
| 13 years | 3.553% | 63.52 | 73.78 | 94.32 | 114.86 | 135.40 | 155.93 | ||
| 10 years | 3.161% | 73.26 | 81.72 | 98.64 | 115.56 | 132.48 | 149.40 | ||
| 9 years | 3.125% | 75.81 | 83.55 | 99.03 | 114.51 | 130.00 | 145.48 | ||
| 8 years | 3.144% | 78.06 | 85.04 | 99.00 | 112.95 | 126.90 | 140.86 | ||
| 6 years | 2.958% | 83.95 | 89.38 | 100.23 | 111.08 | 121.93 | 132.78 | ||
| 5 years | 2.717% | 87.46 | 92.07 | 101.31 | 110.54 | 119.77 | 129.01 | ||
| 2 years | 3.003% | 94.25 | 96.17 | 99.99 | 103.82 | 107.65 | 111.47 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||