Last Update: 6 Jun 2020 14:15 GMT+0
The South Africa 10Y Government Bond has a 8.900% yield.
10 Years vs 2 Years bond spread is 383 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 3.75% (last modification in May 2020).
The South Africa credit rating is BB-, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 261.42 and implied probability of default is 4.36%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 5Y vs 2Y | 237.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 383 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
BB-
|
- |
| Moody's Investors Service |
Ba1
|
negative |
| Fitch Ratings |
BB
|
negative |
| DBRS |
-
|
- |
| South Africa Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 3.75% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 261.42 | -23.66 % | -35.74 % | +29.38 % | 4.36 % |
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 | 3.550% | -75.0 bp | -245.0 bp | ||||||
| 2 years | 5.070% | -32.0 bp | -163.0 bp | 90.58 | +0.61 % | +3.12 % | |||
| 5 years | 7.445% | -51.5 bp | +12.0 bp | 69.83 | +2.42 % | -0.57 % | |||
| 10 years | 8.900% | -88.0 bp | +49.0 bp | 42.63 | +8.39 % | -4.42 % | |||
| 12 years | 9.785% | -62.0 bp | +36.5 bp | 32.62 | +6.99 % | -3.92 % | |||
| 20 years | 10.915% | -49.0 bp | +72.0 bp | 12.59 | +9.19 % | -12.26 % | |||
| 25 years | 10.970% | -50.5 bp | +67.0 bp | 7.41 | +11.93 % | -14.04 % | |||
| 30 years | 10.935% | -53.5 bp | +66.5 bp | 4.45 | +15.58 % | -16.35 % | |||
10Y Bond Yield Spread - South Africa vs Main Countries
The South Africa 10Y Government Bond has a 8.900% 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 | 918.3 bp | -111.3 | +48.4 | ||
| France 10Y | 888.6 bp | -88.2 | +50.5 | ||
| Japan 10Y | 885.9 bp | -93.6 | +44.4 | ||
| United Kingdom 10Y | 854.1 bp | -100.3 | +89.7 | ||
| Spain 10Y | 834.4 bp | -51.7 | +41.9 | ||
| Canada 10Y | 816.8 bp | -99.9 | +134.2 | ||
| United States 10Y | 800.6 bp | -106.5 | +143.9 | ||
| Australia 10Y | 777.4 bp | -107.1 | +51.4 | ||
| Italy 10Y | 748.1 bp | -31.8 | +51.2 | ||
| China 10Y | 602.4 bp | -120.2 | +84.4 | ||
| Russia 10Y | 319.0 bp | -49.0 | +118.0 | ||
| India 10Y | 307.9 bp | -67.3 | +133.0 | ||
| Brazil 10Y | 210.7 bp | +6.9 | +48.3 |
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 | 10.935% | 4.45 | 13.18 | 30.66 | 48.14 | 65.61 | 83.09 | |
| 25 years | 10.970% | 7.41 | 15.85 | 32.73 | 49.61 | 66.49 | 83.37 | |
| 20 years | 10.915% | 12.59 | 20.60 | 36.62 | 52.63 | 68.65 | 84.67 | |
| 12 years | 9.785% | 32.62 | 39.51 | 53.28 | 67.05 | 80.82 | 94.59 | |
| 10 years | 8.900% | 42.63 | 49.08 | 61.97 | 74.86 | 87.75 | 100.64 | |
| 5 years | 7.445% | 69.83 | 73.89 | 81.99 | 90.09 | 98.20 | 106.30 | |
| 2 years | 5.070% | 90.58 | 92.44 | 96.15 | 99.87 | 103.59 | 107.30 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||