Last Update: 3 Aug 2020 22:15 GMT+0
The South Africa 10Y Government Bond has a 9.280% yield.
10 Years vs 2 Years bond spread is 466.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.50% (last modification in July 2020).
The South Africa credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 312.29 and implied probability of default is 5.20%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 287 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 466.5 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB-
|
- |
| Moody's Investors Service |
Ba1
|
negative |
| Fitch Ratings |
BB
|
negative |
| DBRS |
-
|
- |
| South Africa Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 3.50% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 312.29 | +8.90 % | +11.26 % | +68.89 % | 5.20 % |
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 | 3.850% | +8.0 bp | -215.0 bp | ||||||
| 2 years | 4.615% | -37.0 bp | -198.5 bp | 91.37 | +0.71 % | +3.83 % | |||
| 5 years | 7.485% | -24.5 bp | -48.0 bp | 69.70 | +1.13 % | +2.24 % | |||
| 10 years | 9.280% | -14.5 bp | +39.0 bp | 41.17 | +1.33 % | -3.52 % | |||
| 12 years | 10.235% | -11.0 bp | +89.5 bp | 31.06 | +1.21 % | -9.31 % | |||
| 20 years | 11.430% | -2.5 bp | +142.5 bp | 11.48 | +0.44 % | -22.69 % | |||
| 25 years | 11.585% | +3.5 bp | +149.5 bp | 6.45 | -0.92 % | -28.65 % | |||
| 30 years | 11.520% | +2.5 bp | +144.0 bp | 3.80 | -0.52 % | -32.26 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 9.280% 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 | 980.8 bp | -5.3 | +51.5 | ||
| France 10Y | 948.1 bp | -6.0 | +45.0 | ||
| Japan 10Y | 926.0 bp | -13.2 | +32.3 | ||
| United Kingdom 10Y | 917.4 bp | -6.4 | +84.4 | ||
| Spain 10Y | 894.6 bp | -3.8 | +32.7 | ||
| Canada 10Y | 881.4 bp | -5.4 | +125.9 | ||
| United States 10Y | 872.6 bp | -3.0 | +143.9 | ||
| Australia 10Y | 842.0 bp | -9.9 | +53.4 | ||
| Italy 10Y | 820.8 bp | +10.4 | +25.6 | ||
| China 10Y | 630.6 bp | -19.0 | +29.0 | ||
| India 10Y | 344.3 bp | -13.7 | +105.7 | ||
| Russia 10Y | 342.0 bp | +3.5 | +78.5 | ||
| Brazil 10Y | 295.3 bp | -0.5 | +62.0 |
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 | 11.520% | 3.80 | 12.15 | 28.85 | 45.55 | 62.25 | 78.96 | |
| 25 years | 11.585% | 6.45 | 14.53 | 30.68 | 46.83 | 62.98 | 79.13 | |
| 20 years | 11.430% | 11.48 | 19.22 | 34.71 | 50.20 | 65.69 | 81.18 | |
| 12 years | 10.235% | 31.06 | 37.79 | 51.27 | 64.74 | 78.21 | 91.68 | |
| 10 years | 9.280% | 41.17 | 47.51 | 60.19 | 72.87 | 85.55 | 98.22 | |
| 5 years | 7.485% | 69.70 | 73.75 | 81.85 | 89.94 | 98.04 | 106.13 | |
| 2 years | 4.615% | 91.37 | 93.24 | 96.98 | 100.72 | 104.46 | 108.20 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||