Last Update: 28 Feb 2020 3:15 GMT+0
The South Africa 10Y Government Bond has a 8.770% yield.
10 Years vs 2 Years bond spread is 237.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 6.25% (last modification in January 2020).
The South Africa credit rating is BB, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 196.36 and implied probability of default is 3.27%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 143.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 237.5 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB
|
negative |
| Moody's Investors Service |
Baa3
|
negative |
| Fitch Ratings |
BB+
|
negative |
| DBRS |
-
|
- |
| South Africa Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 6.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 196.36 | +14.31 % | +5.87 % | +12.81 % | 3.27 % |
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 | 6.000% | 0.0 bp | +41.0 bp | ||||||
| 2 years | 6.395% | -40.5 bp | -19.0 bp | 88.34 | +0.76 % | +0.35 % | |||
| 5 years | 7.830% | -25.5 bp | +57.0 bp | 68.60 | +1.19 % | -2.61 % | |||
| 10 years | 8.770% | -31.5 bp | +57.5 bp | 43.14 | +2.93 % | -5.17 % | |||
| 12 years | 9.192% | -29.8 bp | +6.7 bp | 34.81 | +3.32 % | -0.74 % | |||
| 20 years | 9.950% | -20.0 bp | +12.0 bp | 15.00 | +3.73 % | -2.15 % | |||
| 25 years | 10.025% | -22.0 bp | +14.5 bp | 9.18 | +5.15 % | -3.16 % | |||
| 30 years | 10.000% | -23.5 bp | +12.5 bp | 5.73 | +6.51 % | -3.37 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 8.770% 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 | 931.7 bp | -14.8 | +41.1 | ||
| France 10Y | 901.8 bp | -15.8 | +39.5 | ||
| Japan 10Y | 890.8 bp | -20.8 | +43.8 | ||
| Spain 10Y | 845.2 bp | -32.2 | +34.1 | ||
| United Kingdom 10Y | 828.3 bp | -25.8 | +53.0 | ||
| Australia 10Y | 791.6 bp | -17.3 | +61.1 | ||
| Italy 10Y | 768.7 bp | -37.1 | +54.0 | ||
| Canada 10Y | 762.2 bp | -8.5 | +55.7 | ||
| United States 10Y | 751.1 bp | +8.7 | +78.9 | ||
| China 10Y | 595.4 bp | -9.7 | +82.9 | ||
| Russia 10Y | 252.0 bp | -30.5 | +151.5 | ||
| India 10Y | 239.2 bp | -11.8 | +76.1 | ||
| Brazil 10Y | 211.3 bp | -28.5 | +142.8 |
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 | 10.000% | 5.73 | 15.16 | 34.01 | 52.87 | 71.72 | 90.57 | |
| 25 years | 10.025% | 9.18 | 18.24 | 36.36 | 54.48 | 72.59 | 90.71 | |
| 20 years | 9.950% | 15.00 | 23.54 | 40.63 | 57.71 | 74.80 | 91.88 | |
| 12 years | 9.192% | 34.81 | 41.90 | 56.09 | 70.27 | 84.45 | 98.64 | |
| 10 years | 8.770% | 43.14 | 49.63 | 62.59 | 75.56 | 88.52 | 101.49 | |
| 5 years | 7.830% | 68.60 | 72.61 | 80.63 | 88.65 | 96.67 | 104.69 | |
| 2 years | 6.395% | 88.34 | 90.16 | 93.81 | 97.46 | 101.10 | 104.75 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||