Last Update: 19 Jan 2020 1:15 GMT+0
The South Africa 10Y Government Bond has a 8.180% yield.
10 Years vs 2 Years bond spread is 159 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 6.25% (last modification in January 2020).
The South Africa credit rating is BB, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 169.21 and implied probability of default is 2.82%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 46.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 159 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB
|
negative |
| Moody's Investors Service |
Baa3
|
negative |
| Fitch Ratings |
BB+
|
negative |
| DBRS |
-
|
- |
| South Africa Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 6.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 169.21 | +2.84 % | +1.53 % | -16.45 % | 2.82 % |
South Africa Government Bonds
List of available Government Bonds. Click on the "Residual Maturity" link to get historical serie. Click on the Forecast link
, to see preditions of bond yield.
Price refers to a hypothetical zero coupon bond, with a face value 100.
| Residual Maturity |
Yield | ZC Price | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 3 months | 6.000% | 0.0 bp | +110.0 bp | ||||||
| 2 years | 6.590% | -11.0 bp | +38.5 bp | 88.02 | +0.20 % | -0.72 % | |||
| 5 years | 7.055% | -19.5 bp | -10.0 bp | 71.12 | +0.92 % | +0.48 % | |||
| 10 years | 8.180% | -10.0 bp | +16.0 bp | 45.55 | +0.91 % | -1.47 % | |||
| 12 years | 9.235% | -5.0 bp | +38.5 bp | 34.65 | +0.55 % | -4.15 % | |||
| 20 years | 10.075% | -0.5 bp | +54.0 bp | 14.66 | +0.07 % | -9.39 % | |||
| 25 years | 10.175% | +2.5 bp | +55.5 bp | 8.87 | -0.56 % | -11.83 % | |||
| 30 years | 10.155% | +2.5 bp | +55.5 bp | 5.49 | -0.72 % | -14.08 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 8.180% yield. Click on Spread value for the historical serie.
A positive spread (marked by a red circle) means that the 10Y Bond Yield is higher than the corresponding foreign bond.
Clicking on the "Full Country Comparison" link, you can perform a full check of available data and see the differences between the countries.
| South Africa 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Germany 10Y | 839.9 bp | -12.1 | +5.2 | ||
| Japan 10Y | 817.6 bp | -10.0 | +3.1 | ||
| France 10Y | 813.8 bp | -7.9 | +4.7 | ||
| Spain 10Y | 772.2 bp | -11.4 | +10.8 | ||
| United Kingdom 10Y | 755.2 bp | +5.8 | +26.9 | ||
| Australia 10Y | 699.8 bp | +1.5 | +32.4 | ||
| Italy 10Y | 681.0 bp | -8.9 | +38.8 | ||
| Canada 10Y | 661.4 bp | -0.1 | +9.6 | ||
| United States 10Y | 635.5 bp | -0.3 | +38.3 | ||
| China 10Y | 504.3 bp | +1.8 | +19.6 | ||
| Russia 10Y | 199.5 bp | +8.5 | +132.5 | ||
| India 10Y | 155.8 bp | +2.4 | -10.1 | ||
| Brazil 10Y | 136.3 bp | +11.5 | +63.3 |
South Africa Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The overall yield is the current market yield. The highlighted column refers to the zero coupon bond.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 30 years | 10.155% | 5.49 | 14.80 | 33.41 | 52.03 | 70.64 | 89.25 | |
| 25 years | 10.175% | 8.87 | 17.83 | 35.74 | 53.65 | 71.56 | 89.48 | |
| 20 years | 10.075% | 14.66 | 23.13 | 40.07 | 57.01 | 73.95 | 90.89 | |
| 12 years | 9.235% | 34.65 | 41.72 | 55.88 | 70.03 | 84.18 | 98.34 | |
| 10 years | 8.180% | 45.55 | 52.21 | 65.52 | 78.83 | 92.15 | 105.46 | |
| 5 years | 7.055% | 71.12 | 75.21 | 83.40 | 91.59 | 99.77 | 107.96 | |
| 2 years | 6.590% | 88.02 | 89.84 | 93.47 | 97.11 | 100.75 | 104.38 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||