Last Update: 19 Apr 2019 8:15 GMT+0
The South Africa 10Y Government Bond has a 8.465% 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 6.75%.
The South Africa rating is BB, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 179.87 and implied probability of default is 3.00%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 84.5 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+
|
- |
| DBRS |
-
|
- |
| South Africa Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 6.75% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 179.87 | -2.11 % | +3.10 % | +22.44 % | 3.00 % |
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 | 6.780% | -7.0 bp | -28.0 bp | ||||||
| 2 years | 6.810% | -31.5 bp | -4.5 bp | 87.65 | +0.59 % | +0.08 % | |||
| 3 years | 7.045% | 0.0 bp | -69.0 bp | 81.53 | 0.00 % | +1.95 % | |||
| 5 years | 7.655% | -24.5 bp | -90.5 bp | 69.16 | +1.16 % | +4.28 % | |||
| 6 years | 8.715% | 0.0 bp | 0.0 bp | 60.57 | 0.00 % | 0.00 % | |||
| 10 years | 8.465% | -29.5 bp | -73.5 bp | 44.37 | +2.76 % | +6.99 % | |||
| 15 years | 9.960% | 0.0 bp | 0.0 bp | 24.07 | 0.00 % | 0.00 % | |||
| 20 years | 9.595% | -32.0 bp | -44.0 bp | 16.00 | +5.96 % | +8.33 % | |||
| 25 years | 9.615% | -30.0 bp | -52.0 bp | 10.08 | +7.12 % | +12.63 % | |||
| 30 years | 9.565% | -31.5 bp | -55.0 bp | 6.45 | +8.95 % | +16.22 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 8.465% 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 |
|
|---|---|---|---|---|---|
| Japan 10Y | 849.2 bp | -31.2 | -55.9 | ||
| Germany 10Y | 844.2 bp | -21.3 | -30.5 | ||
| France 10Y | 809.5 bp | -18.8 | -27.0 | ||
| Spain 10Y | 740.4 bp | -17.0 | -3.6 | ||
| United Kingdom 10Y | 727.6 bp | -29.5 | -33.8 | ||
| Canada 10Y | 669.9 bp | -33.3 | -0.6 | ||
| Australia 10Y | 654.0 bp | -29.4 | +4.5 | ||
| United States 10Y | 590.5 bp | -23.7 | -9.9 | ||
| Italy 10Y | 585.3 bp | -41.8 | +22.2 | ||
| China 10Y | 507.5 bp | -52.7 | -54.2 | ||
| India 10Y | 104.5 bp | -17.9 | -23.4 | ||
| Russia 10Y | 22.5 bp | -25.5 | -38.5 | ||
| Brazil 10Y | -49.5 bp | -49.5 | +68.5 |
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 | 9.565% | 6.45 | 16.23 | 35.79 | 55.35 | 74.91 | 94.47 | |
| 25 years | 9.615% | 10.08 | 19.43 | 38.13 | 56.84 | 75.54 | 94.25 | |
| 20 years | 9.595% | 16.00 | 24.76 | 42.27 | 59.77 | 77.28 | 94.79 | |
| 15 years | 9.960% | 24.07 | 31.69 | 46.94 | 62.19 | 77.43 | 92.68 | |
| 10 years | 8.465% | 44.37 | 50.94 | 64.09 | 77.23 | 90.37 | 103.52 | |
| 6 years | 8.715% | 60.57 | 65.10 | 74.14 | 83.19 | 92.24 | 101.29 | |
| 5 years | 7.655% | 69.16 | 73.19 | 81.24 | 89.30 | 97.36 | 105.42 | |
| 3 years | 7.045% | 81.53 | 84.15 | 89.39 | 94.64 | 99.88 | 105.13 | |
| 2 years | 6.810% | 87.65 | 89.47 | 93.09 | 96.72 | 100.34 | 103.97 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||