Last Update: 18 Jan 2021 13:15 GMT+0
The South Africa 10Y Government Bond has a 8.850% yield.
10 Years vs 2 Years bond spread is 436 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 | 218 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 436 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-
|
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 | 4.390% | -1.0 bp | +62.0 bp | ||||||
| 2 years | 4.490% | -16.5 bp | -20.5 bp | 91.59 | +0.32 % | +0.39 % | |||
| 5 years | 6.670% | -6.0 bp | -91.0 bp | 72.41 | +0.28 % | +4.34 % | |||
| 10 years | 8.850% | +14.5 bp | -56.0 bp | 42.83 | -1.31 % | +5.29 % | |||
| 12 years | 9.805% | +19.5 bp | -55.5 bp | 32.55 | -2.11 % | +6.23 % | |||
| 20 years | 11.030% | +38.5 bp | -54.0 bp | 12.34 | -6.66 % | +10.18 % | |||
| 25 years | 11.120% | +39.5 bp | -61.0 bp | 7.16 | -8.56 % | +14.56 % | |||
| 30 years | 11.025% | +39.0 bp | -65.5 bp | 4.34 | -9.96 % | +19.23 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 8.850% 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 | 938.0 bp | +9.9 | -48.2 | ||
| France 10Y | 915.3 bp | +11.3 | -39.9 | ||
| Japan 10Y | 880.5 bp | +10.9 | -58.6 | ||
| Spain 10Y | 876.5 bp | +10.2 | -24.2 | ||
| United Kingdom 10Y | 855.8 bp | +9.4 | -68.5 | ||
| Italy 10Y | 823.7 bp | +6.3 | +5.8 | ||
| Canada 10Y | 803.2 bp | +8.1 | -85.4 | ||
| Australia 10Y | 781.5 bp | +11.7 | -71.2 | ||
| United States 10Y | 776.3 bp | +0.3 | -102.4 | ||
| China 10Y | 566.4 bp | +27.8 | -70.0 | ||
| India 10Y | 289.2 bp | +14.6 | -71.3 | ||
| Russia 10Y | 270.5 bp | -15.5 | -88.0 | ||
| Brazil 10Y | 137.4 bp | -2.1 | -168.9 |
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 | 11.025% | 4.34 | 13.02 | 30.37 | 47.72 | 65.08 | 82.43 | |
| 25 years | 11.120% | 7.16 | 15.51 | 32.21 | 48.91 | 65.60 | 82.30 | |
| 20 years | 11.030% | 12.34 | 20.28 | 36.18 | 52.08 | 67.97 | 83.87 | |
| 12 years | 9.805% | 32.55 | 39.43 | 53.19 | 66.95 | 80.70 | 94.46 | |
| 10 years | 8.850% | 42.83 | 49.29 | 62.21 | 75.13 | 88.05 | 100.97 | |
| 5 years | 6.670% | 72.41 | 76.55 | 84.82 | 93.09 | 101.37 | 109.64 | |
| 2 years | 4.490% | 91.59 | 93.46 | 97.21 | 100.96 | 104.70 | 108.45 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||