Last Update: 19 Jan 2022 18:15 GMT+0
The South Africa 10Y Government Bond has a 9.370% yield.
10 Years vs 2 Years bond spread is 419.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.75% (last modification in November 2021).
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 | 260 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 419.5 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB-
|
- |
| Moody's Investors Service |
Ba2
|
negative |
| Fitch Ratings |
BB-
|
- |
| DBRS |
-
|
- |
| South Africa Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 3.75% |
| 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
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 | 5.500% | +100.0 bp | +168.0 bp | ||||||
| 2 years | 5.175% | +18.0 bp | -5.5 bp | 90.40 | -0.34 % | +0.10 % | |||
| 5 years | 7.775% | +10.0 bp | +27.0 bp | 68.77 | -0.46 % | -1.25 % | |||
| 10 years | 9.370% | +6.5 bp | +41.0 bp | 40.83 | -0.61 % | -3.70 % | |||
| 12 years | 9.840% | +9.0 bp | +16.5 bp | 32.42 | -1.01 % | -1.79 % | |||
| 20 years | 10.530% | -16.5 bp | -20.0 bp | 13.50 | +2.97 % | +3.69 % | |||
| 25 years | 10.570% | -17.0 bp | -21.5 bp | 8.11 | +3.84 % | +4.92 % | |||
| 30 years | 10.510% | -17.0 bp | -22.5 bp | 4.99 | +4.83 % | +6.40 % | |||
South Africa 10Y Bond Yield Spread
The South Africa 10Y Government Bond has a 9.370% 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. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
| South Africa 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Germany 10Y | 938.0 bp | -30.7 bp | +2.6 bp | Compare | |
| Japan 10Y | 923.6 bp | -2.7 bp | +29.1 bp | Compare | |
| France 10Y | 899.2 bp | -34.2 bp | -1.4 bp | Compare | |
| Spain 10Y | 869.1 bp | -27.8 bp | +7.1 bp | Compare | |
| United Kingdom 10Y | 810.8 bp | -43.3 bp | -30.6 bp | Compare | |
| Italy 10Y | 796.4 bp | -44.1 bp | -29.3 bp | Compare | |
| United States 10Y | 753.8 bp | -36.0 bp | -23.0 bp | Compare | |
| Canada 10Y | 750.5 bp | -47.9 bp | -31.0 bp | Compare | |
| Australia 10Y | 741.4 bp | -30.1 bp | -36.8 bp | Compare | |
| China 10Y | 662.5 bp | +19.1 bp | +63.1 bp | Compare | |
| India 10Y | 277.2 bp | -12.2 bp | -6.1 bp | Compare | |
| Russia 10Y | 10.0 bp | -79.0 bp | -163.5 bp | Compare | |
| Brazil 10Y | -218.1 bp | -72.2 bp | -235.2 bp | Compare |
South Africa Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
For each maturity, the current market yield is shown.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 30 years | 10.510% | 4.99 | 14.03 | 32.11 | 50.19 | 68.27 | 86.35 | |
| 25 years | 10.570% | 8.11 | 16.80 | 34.19 | 51.58 | 68.96 | 86.35 | |
| 20 years | 10.530% | 13.50 | 21.72 | 38.15 | 54.57 | 71.00 | 87.43 | |
| 12 years | 9.840% | 32.42 | 39.29 | 53.03 | 66.76 | 80.50 | 94.23 | |
| 10 years | 9.370% | 40.83 | 47.15 | 59.78 | 72.41 | 85.03 | 97.66 | |
| 5 years | 7.775% | 68.77 | 72.79 | 80.82 | 88.85 | 96.89 | 104.92 | |
| 2 years | 5.175% | 90.40 | 92.26 | 95.97 | 99.68 | 103.39 | 107.09 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||