Last Update: 23 Aug 2019 4:15 GMT+0
The South Africa 10Y Government Bond has a 8.270% yield.
10 Years vs 2 Years bond spread is 165.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities
Central Bank Rate is 6.50%.
The South Africa rating is BB, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 186.23 and implied probability of default is 3.10%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 70 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 165.5 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB
|
- |
| Moody's Investors Service |
Baa3
|
- |
| Fitch Ratings |
BB+
|
negative |
| DBRS |
-
|
- |
| South Africa Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 6.50% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 186.23 | -5.29 % | +18.75 % | -9.60 % | 3.10 % |
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 | 6.570% | +91.0 bp | -43.0 bp | ||||||
| 2 years | 6.615% | +31.5 bp | -36.5 bp | 87.98 | -0.59 % | +0.69 % | |||
| 5 years | 7.315% | +8.0 bp | -48.5 bp | 70.26 | -0.37 % | +2.29 % | |||
| 10 years | 8.270% | +20.0 bp | -44.5 bp | 45.18 | -1.83 % | +4.20 % | |||
| 12 years | 9.215% | +28.5 bp | n.a. | 34.72 | -3.10 % | n.a. | |||
| 20 years | 9.915% | +35.0 bp | +7.5 bp | 15.10 | -6.15 % | -1.31 % | |||
| 25 years | 9.960% | +31.0 bp | +13.0 bp | 9.31 | -6.90 % | -2.92 % | |||
| 30 years | 9.945% | +32.0 bp | +15.0 bp | 5.82 | -8.35 % | -3.96 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 8.270% 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 | 891.1 bp | +49.3 | +28.5 | ||
| France 10Y | 862.7 bp | +46.9 | +43.0 | ||
| Japan 10Y | 850.8 bp | +29.2 | -24.7 | ||
| Spain 10Y | 810.8 bp | +44.6 | +57.7 | ||
| United Kingdom 10Y | 775.1 bp | +36.9 | +19.6 | ||
| Australia 10Y | 729.2 bp | +54.2 | +65.8 | ||
| Canada 10Y | 698.0 bp | +40.1 | +15.6 | ||
| Italy 10Y | 696.5 bp | +49.8 | +112.5 | ||
| United States 10Y | 663.3 bp | +63.5 | +57.2 | ||
| China 10Y | 519.8 bp | +29.0 | -36.9 | ||
| India 10Y | 170.0 bp | +9.4 | +59.0 | ||
| Russia 10Y | 107.0 bp | +28.0 | +78.5 | ||
| Brazil 10Y | 105.5 bp | +21.5 | +127.0 |
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 | 9.945% | 5.82 | 15.29 | 34.23 | 53.17 | 72.11 | 91.05 | |
| 25 years | 9.960% | 9.31 | 18.42 | 36.63 | 54.84 | 73.05 | 91.26 | |
| 20 years | 9.915% | 15.10 | 23.66 | 40.79 | 57.91 | 75.04 | 92.16 | |
| 12 years | 9.215% | 34.72 | 41.81 | 55.97 | 70.14 | 84.31 | 98.48 | |
| 10 years | 8.270% | 45.18 | 51.81 | 65.06 | 78.32 | 91.58 | 104.84 | |
| 5 years | 7.315% | 70.26 | 74.32 | 82.46 | 90.59 | 98.72 | 106.85 | |
| 2 years | 6.615% | 87.98 | 89.79 | 93.43 | 97.06 | 100.70 | 104.34 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||