Last Update: 20 Sep 2021 8:15 GMT+0
The South Africa 10Y Government Bond has a 9.010% yield.
10 Years vs 2 Years bond spread is 401 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 | 247.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 401 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
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% | +124.0 bp | +140.0 bp | ||||||
| 2 years | 5.000% | -1.5 bp | -42.5 bp | 90.70 | +0.02 % | +0.81 % | |||
| 5 years | 7.475% | +12.0 bp | +11.5 bp | 69.74 | -0.56 % | -0.53 % | |||
| 10 years | 9.010% | +5.5 bp | -32.5 bp | 42.20 | -0.52 % | +3.03 % | |||
| 12 years | 9.690% | +3.5 bp | -48.0 bp | 32.96 | -0.39 % | +5.37 % | |||
| 20 years | 10.595% | +1.5 bp | -74.0 bp | 13.34 | -0.30 % | +14.21 % | |||
| 25 years | 10.630% | -2.0 bp | -76.0 bp | 8.00 | +0.38 % | +18.69 % | |||
| 30 years | 10.565% | -0.5 bp | -76.0 bp | 4.91 | 0.00 % | +22.75 % | |||
South Africa 10Y Bond Yield Spread
The South Africa 10Y Government Bond has a 9.010% 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 | 932.3 bp | -12.7 bp | -30.0 bp | Compare | |
| France 10Y | 898.5 bp | -11.8 bp | -39.1 bp | Compare | |
| Japan 10Y | 896.5 bp | +1.6 bp | -26.1 bp | Compare | |
| Spain 10Y | 867.4 bp | -6.9 bp | -31.6 bp | Compare | |
| Italy 10Y | 829.4 bp | -11.4 bp | -37.4 bp | Compare | |
| United Kingdom 10Y | 819.5 bp | -23.3 bp | -29.4 bp | Compare | |
| Canada 10Y | 772.7 bp | -8.5 bp | -1.6 bp | Compare | |
| Australia 10Y | 772.0 bp | -16.2 bp | +23.4 bp | Compare | |
| United States 10Y | 766.7 bp | -3.3 bp | +6.2 bp | Compare | |
| China 10Y | 611.9 bp | +3.2 bp | +5.2 bp | Compare | |
| India 10Y | 286.4 bp | +14.3 bp | -27.8 bp | Compare | |
| Russia 10Y | 192.0 bp | -8.5 bp | -38.0 bp | Compare | |
| Brazil 10Y | -208.0 bp | -38.8 bp | -277.4 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 | 10.565% | 4.91 | 13.91 | 31.91 | 49.91 | 67.91 | 85.91 | |
| 25 years | 10.630% | 8.00 | 16.66 | 33.97 | 51.27 | 68.58 | 85.89 | |
| 20 years | 10.595% | 13.34 | 21.52 | 37.88 | 54.24 | 70.60 | 86.95 | |
| 12 years | 9.690% | 32.96 | 39.88 | 53.72 | 67.55 | 81.39 | 95.23 | |
| 10 years | 9.010% | 42.20 | 48.62 | 61.45 | 74.28 | 87.11 | 99.94 | |
| 5 years | 7.475% | 69.74 | 73.79 | 81.88 | 89.98 | 98.08 | 106.17 | |
| 2 years | 5.000% | 90.70 | 92.56 | 96.28 | 100.00 | 103.72 | 107.44 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||