Last Update: 22 Feb 2019 1:15 GMT+0
The South Africa 10Y Government Bond has a 8.820% yield.
10 Years vs 2 Years bond spread is 172 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 186.64 and implied probability of default is 3.11%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 81 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 172 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 | 186.64 | -3.61 % | -5.18 % | +31.50 % | 3.11 % |
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 | 6.950% | -15.0 bp | +6.0 bp | ||||||
| 2 years | 7.100% | +78.5 bp | -50.0 bp | 87.18 | -1.46 % | +0.94 % | |||
| 3 years | 7.045% | -12.0 bp | -85.0 bp | 81.53 | +0.34 % | +2.40 % | |||
| 5 years | 7.910% | -12.0 bp | -46.5 bp | 68.34 | +0.56 % | +2.17 % | |||
| 6 years | 8.715% | 0.0 bp | 0.0 bp | 60.57 | 0.00 % | 0.00 % | |||
| 10 years | 8.820% | -4.5 bp | -12.5 bp | 42.95 | +0.42 % | +1.18 % | |||
| 15 years | 9.960% | 0.0 bp | 0.0 bp | 24.07 | 0.00 % | 0.00 % | |||
| 20 years | 9.960% | +13.5 bp | +24.5 bp | 14.97 | -2.48 % | -4.41 % | |||
| 25 years | 9.950% | +2.5 bp | +13.5 bp | 9.34 | -0.53 % | -3.01 % | |||
| 30 years | 9.920% | +1.5 bp | +12.0 bp | 5.86 | -0.34 % | -3.14 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 8.820% 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 |
|
|---|---|---|---|---|---|
| Japan 10Y | 885.7 bp | -0.4 | +0.6 | ||
| Germany 10Y | 869.6 bp | +5.9 | +9.1 | ||
| France 10Y | 827.5 bp | +4.9 | +1.8 | ||
| United Kingdom 10Y | 761.8 bp | +7.3 | -6.0 | ||
| Spain 10Y | 759.7 bp | +9.0 | +5.4 | ||
| Canada 10Y | 689.6 bp | +0.0 | +20.8 | ||
| Australia 10Y | 671.8 bp | +13.4 | +31.3 | ||
| United States 10Y | 613.2 bp | +1.3 | +0.6 | ||
| Italy 10Y | 596.3 bp | -12.2 | +8.1 | ||
| China 10Y | 565.8 bp | -7.7 | +35.9 | ||
| India 10Y | 127.6 bp | -5.6 | +15.8 | ||
| Russia 10Y | 38.0 bp | -20.5 | +5.5 | ||
| Brazil 10Y | -18.0 bp | +1.5 | +303.5 |
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 | 9.920% | 5.86 | 15.35 | 34.33 | 53.31 | 72.29 | 91.27 | |
| 25 years | 9.950% | 9.34 | 18.45 | 36.67 | 54.90 | 73.12 | 91.34 | |
| 20 years | 9.960% | 14.97 | 23.51 | 40.58 | 57.66 | 74.73 | 91.80 | |
| 15 years | 9.960% | 24.07 | 31.69 | 46.94 | 62.19 | 77.43 | 92.68 | |
| 10 years | 8.820% | 42.95 | 49.41 | 62.35 | 75.29 | 88.23 | 101.16 | |
| 6 years | 8.715% | 60.57 | 65.10 | 74.14 | 83.19 | 92.24 | 101.29 | |
| 5 years | 7.910% | 68.34 | 72.34 | 80.35 | 88.35 | 96.36 | 104.36 | |
| 3 years | 7.045% | 81.53 | 84.15 | 89.39 | 94.64 | 99.88 | 105.13 | |
| 2 years | 7.100% | 87.18 | 88.99 | 92.60 | 96.21 | 99.82 | 103.43 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||