Last Update: 16 Nov 2019 21:15 GMT+0
The South Africa 10Y Government Bond has a 8.550% yield.
10 Years vs 2 Years bond spread is 190 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 6.50% (last modification in July 2019).
The South Africa credit rating is BB, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 179.72 and implied probability of default is 3.00%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 83.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 190 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB
|
- |
| Moody's Investors Service |
Baa3
|
negative |
| Fitch Ratings |
BB+
|
negative |
| DBRS |
-
|
- |
| South Africa Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 6.50% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 179.72 | +0.86 % | -3.58 % | -19.57 % | 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 | 6.000% | 0.0 bp | -83.0 bp | ||||||
| 2 years | 6.650% | +1.5 bp | +6.0 bp | 87.92 | -0.02 % | -0.11 % | |||
| 5 years | 7.485% | +1.4 bp | -10.5 bp | 69.70 | -0.07 % | +0.48 % | |||
| 10 years | 8.550% | +10.9 bp | +10.5 bp | 44.03 | -0.99 % | -0.94 % | |||
| 12 years | 9.502% | +13.5 bp | n.a. | 33.65 | -1.46 % | n.a. | |||
| 20 years | 10.255% | +17.3 bp | +52.0 bp | 14.19 | -3.07 % | -9.04 % | |||
| 25 years | 10.329% | +19.0 bp | +56.9 bp | 8.57 | -4.14 % | -12.10 % | |||
| 30 years | 10.308% | +18.8 bp | +60.3 bp | 5.27 | -5.05 % | -15.14 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 8.550% 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 | 888.5 bp | +5.4 | +33.9 | ||
| Japan 10Y | 861.0 bp | +0.9 | +10.3 | ||
| France 10Y | 857.5 bp | -0.6 | +42.5 | ||
| Spain 10Y | 811.2 bp | -7.8 | +57.2 | ||
| United Kingdom 10Y | 782.4 bp | +8.9 | +45.3 | ||
| Australia 10Y | 738.8 bp | +0.8 | +59.1 | ||
| Italy 10Y | 722.4 bp | -19.0 | +146.6 | ||
| Canada 10Y | 706.4 bp | +17.5 | +29.8 | ||
| United States 10Y | 671.4 bp | +1.8 | +66.9 | ||
| China 10Y | 528.0 bp | +2.6 | +12.4 | ||
| Russia 10Y | 210.0 bp | +32.4 | +176.5 | ||
| India 10Y | 203.1 bp | +36.0 | +96.3 | ||
| Brazil 10Y | 189.1 bp | +5.5 | +238.6 |
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 | 10.308% | 5.27 | 14.46 | 32.84 | 51.22 | 69.60 | 87.98 | |
| 25 years | 10.329% | 8.57 | 17.42 | 35.12 | 52.83 | 70.53 | 88.24 | |
| 20 years | 10.255% | 14.19 | 22.56 | 39.29 | 56.03 | 72.76 | 89.50 | |
| 12 years | 9.502% | 33.65 | 40.63 | 54.60 | 68.56 | 82.53 | 96.49 | |
| 10 years | 8.550% | 44.03 | 50.57 | 63.67 | 76.76 | 89.85 | 102.95 | |
| 5 years | 7.485% | 69.70 | 73.75 | 81.85 | 89.94 | 98.04 | 106.13 | |
| 2 years | 6.650% | 87.92 | 89.73 | 93.37 | 97.00 | 100.64 | 104.27 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||