Last Update: 31 Oct 2020 1:15 GMT+0
The South Africa 10Y Government Bond has a 9.315% yield.
10 Years vs 2 Years bond spread is 509.5 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 313.76 and implied probability of default is 5.23%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 287 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 509.5 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 | 313.76 | +2.33 % | +10.04 % | +64.72 % | 5.23 % |
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 | 4.240% | -11.0 bp | +59.0 bp | ||||||
| 2 years | 4.220% | -30.5 bp | -135.5 bp | 92.07 | +0.59 % | +2.62 % | |||
| 5 years | 7.090% | -12.5 bp | -137.0 bp | 71.00 | +0.58 % | +6.56 % | |||
| 10 years | 9.315% | -9.0 bp | -99.0 bp | 41.04 | +0.84 % | +9.44 % | |||
| 12 years | 10.395% | -1.0 bp | -41.0 bp | 30.52 | +0.10 % | +4.56 % | |||
| 20 years | 11.650% | +5.5 bp | -8.0 bp | 11.04 | -0.99 % | +1.47 % | |||
| 25 years | 11.770% | +14.0 bp | -5.0 bp | 6.19 | -3.13 % | +1.14 % | |||
| 30 years | 11.730% | +12.5 bp | -9.0 bp | 3.59 | -3.23 % | +2.57 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 9.315% 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 | 994.3 bp | +0.3 | -94.8 | ||
| France 10Y | 966.3 bp | +0.6 | -75.0 | ||
| Japan 10Y | 927.8 bp | -10.8 | -104.2 | ||
| Spain 10Y | 918.6 bp | +1.7 | -39.5 | ||
| United Kingdom 10Y | 904.9 bp | -10.9 | -101.5 | ||
| Canada 10Y | 865.0 bp | -20.4 | -113.1 | ||
| Italy 10Y | 859.4 bp | +1.1 | +4.4 | ||
| Australia 10Y | 847.0 bp | -6.5 | -97.4 | ||
| United States 10Y | 844.1 bp | -28.5 | -124.6 | ||
| China 10Y | 610.5 bp | -14.3 | -168.5 | ||
| India 10Y | 343.4 bp | +2.5 | -76.1 | ||
| Russia 10Y | 315.0 bp | -4.5 | -105.0 | ||
| Brazil 10Y | 174.8 bp | -32.9 | -101.1 |
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 | 11.730% | 3.59 | 11.81 | 28.25 | 44.68 | 61.12 | 77.56 | |
| 25 years | 11.770% | 6.19 | 14.16 | 30.10 | 46.04 | 61.98 | 77.92 | |
| 20 years | 11.650% | 11.04 | 18.67 | 33.95 | 49.22 | 64.49 | 79.76 | |
| 12 years | 10.395% | 30.52 | 37.21 | 50.57 | 63.94 | 77.31 | 90.68 | |
| 10 years | 9.315% | 41.04 | 47.37 | 60.03 | 72.69 | 85.35 | 98.01 | |
| 5 years | 7.090% | 71.00 | 75.09 | 83.27 | 91.45 | 99.63 | 107.81 | |
| 2 years | 4.220% | 92.07 | 93.95 | 97.71 | 101.47 | 105.23 | 108.99 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||