Last Update: 18 Jun 2019 18:15 GMT+0
The South Africa 10Y Government Bond has a 8.275% yield.
10 Years vs 2 Years bond spread is 176.5 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 199.96 and implied probability of default is 3.33%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 82 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 176.5 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 | 199.96 | +1.50 % | +3.62 % | -2.25 % | 3.33 % |
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 | 6.810% | -1.0 bp | -54.0 bp | ||||||
| 2 years | 6.510% | -17.0 bp | +37.5 bp | 88.15 | +0.32 % | -0.70 % | |||
| 3 years | 7.045% | 0.0 bp | -16.0 bp | 81.53 | 0.00 % | +0.46 % | |||
| 5 years | 7.330% | -32.5 bp | -100.5 bp | 70.21 | +1.52 % | +4.78 % | |||
| 6 years | 8.715% | 0.0 bp | 0.0 bp | 60.57 | 0.00 % | 0.00 % | |||
| 10 years | 8.275% | -24.0 bp | -84.0 bp | 45.16 | +2.24 % | +8.04 % | |||
| 15 years | 9.960% | 0.0 bp | 0.0 bp | 24.07 | 0.00 % | 0.00 % | |||
| 20 years | 9.855% | +4.0 bp | -24.0 bp | 15.26 | -0.72 % | +4.45 % | |||
| 25 years | 9.910% | +8.5 bp | -27.0 bp | 9.42 | -1.88 % | +6.32 % | |||
| 30 years | 9.870% | +10.0 bp | -29.0 bp | 5.94 | -2.62 % | +8.20 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 8.275% 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 | 859.4 bp | -2.7 | -28.1 | ||
| Japan 10Y | 840.9 bp | -16.2 | -68.3 | ||
| France 10Y | 826.1 bp | +3.2 | -14.5 | ||
| Spain 10Y | 787.7 bp | +24.5 | +14.7 | ||
| United Kingdom 10Y | 746.7 bp | -1.0 | -36.8 | ||
| Australia 10Y | 691.8 bp | +4.2 | +20.0 | ||
| Canada 10Y | 684.9 bp | +2.3 | -25.1 | ||
| United States 10Y | 621.7 bp | +9.5 | -7.2 | ||
| Italy 10Y | 615.4 bp | +31.9 | -3.4 | ||
| China 10Y | 501.6 bp | -21.6 | -69.0 | ||
| India 10Y | 146.7 bp | +31.4 | -30.3 | ||
| Russia 10Y | 71.5 bp | +24.0 | +38.0 | ||
| Brazil 10Y | 38.5 bp | +97.0 | +99.0 |
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 | 9.870% | 5.94 | 15.47 | 34.53 | 53.59 | 72.65 | 91.71 | |
| 25 years | 9.910% | 9.42 | 18.56 | 36.84 | 55.12 | 73.40 | 91.68 | |
| 20 years | 9.855% | 15.26 | 23.86 | 41.06 | 58.25 | 75.45 | 92.65 | |
| 15 years | 9.960% | 24.07 | 31.69 | 46.94 | 62.19 | 77.43 | 92.68 | |
| 10 years | 8.275% | 45.16 | 51.78 | 65.04 | 78.29 | 91.55 | 104.81 | |
| 6 years | 8.715% | 60.57 | 65.10 | 74.14 | 83.19 | 92.24 | 101.29 | |
| 5 years | 7.330% | 70.21 | 74.27 | 82.40 | 90.53 | 98.66 | 106.79 | |
| 3 years | 7.045% | 81.53 | 84.15 | 89.39 | 94.64 | 99.88 | 105.13 | |
| 2 years | 6.510% | 88.15 | 89.97 | 93.61 | 97.25 | 100.89 | 104.53 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||