COUNTRY •
SWITZERLAND
Last Update: 21 Mar 2023 9:15 GMT+0
The Switzerland 10Y Government Bond has a 1.005% yield.
10 Years vs 2 Years bond spread is 42.1 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 1.00% (last modification in December 2022).
The Switzerland credit rating is AAA, according to Standard & Poor's agency.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | ZC Price | Last Change |
||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 1 month | 1.050% | +19.0 bp | +72.0 bp | 21 Mar | |||||
| 2 months | 1.100% | +15.0 bp | +72.0 bp | 21 Mar | |||||
| 3 months | 1.040% | +2.0 bp | +56.0 bp | 21 Mar | |||||
| 6 months | 1.200% | -8.0 bp | +15.0 bp | 21 Mar | |||||
| 1 year | 1.400% | -14.0 bp | -5.0 bp | 98.62 | +0.14 % | +0.05 % | 21 Mar | ||
| 2 years | 0.584% | -65.7 bp | -51.7 bp | 98.84 | +1.31 % | +1.03 % | 21 Mar | ||
| 3 years | 0.928% | -36.0 bp | -18.3 bp | 97.27 | +1.08 % | +0.55 % | 21 Mar | ||
| 4 years | 0.928% | -35.3 bp | -20.7 bp | 96.37 | +1.40 % | +0.82 % | 21 Mar | ||
| 5 years | 0.944% | -39.7 bp | -30.3 bp | 95.41 | +1.98 % | +1.51 % | 21 Mar | ||
| 6 years | 0.945% | -35.5 bp | -26.9 bp | 94.51 | +2.13 % | +1.60 % | 21 Mar | ||
| 7 years | 0.956% | -47.5 bp | -21.9 bp | 93.56 | +3.35 % | +1.53 % | 21 Mar | ||
| 8 years | 0.962% | -42.7 bp | -21.9 bp | 92.63 | +3.44 % | +1.76 % | 21 Mar | ||
| 9 years | 0.982% | -43.5 bp | -29.5 bp | 91.58 | +3.94 % | +2.66 % | 21 Mar | ||
| 10 years | 1.005% | -43.7 bp | -29.4 bp | 90.48 | +4.41 % | +2.95 % | 21 Mar | ||
| 15 years | 1.023% | -48.0 bp | -30.0 bp | 85.84 | +7.37 % | +4.54 % | 21 Mar | ||
| 20 years | 1.025% | -48.5 bp | -18.3 bp | 81.55 | +10.05 % | +3.69 % | 21 Mar | ||
| 30 years | 0.984% | -47.0 bp | -17.7 bp | 74.55 | +14.96 % | +5.40 % | 21 Mar | ||
| 40 years | 0.892% | -48.9 bp | -12.3 bp | 70.10 | +21.34 % | +4.99 % | 21 Mar | ||
Last Update: 21 Mar 2023 9:15 GMT+0
Switzerland Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (1.00%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 0.984% | -1.6 bp | ||||||
| 10 years | 1.005% | 0.5 bp | ||||||
| 5 years | 0.944% | -5.6 bp | ||||||
| 2 years | 0.584% | -41.6 bp | ||||||
| 1 year | 1.400% | 40.0 bp | ||||||
| 3 months | 1.040% | 4.0 bp | ||||||
Focusing on 2 years Government Bond:
If data are not all visible, swipe table left
| 2Y vs 1Y | -81.6 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 36 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 42.1 bp | Normal Convexity in Long-Term vs Short-Term Maturities |
Readings that may interest you
Switzerland Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
Switzerland Credit Ratings History
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
AAA
|
- |
| Moody's Investors Service |
Aaa
|
- |
| Fitch Ratings |
AAA
|
- |
| DBRS |
AAA
|
- |
Switzerland Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
| Interest Rates | Value | |
|---|---|---|
| Central Bank Rate | 1.00% |
Switzerland 10Y Bond Yield Spread
The Switzerland 10Y Government Bond has a 1.005% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, 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.
If data are not all visible, swipe table left
| Switzerland 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Japan 10Y | 78.7 bp | -15.2 bp | -26.0 bp | Compare | |
| Germany 10Y | -118.8 bp | -8.2 bp | -60.4 bp | Compare | |
| France 10Y | -171.1 bp | -13.1 bp | -58.0 bp | Compare | |
| Canada 10Y | -182.8 bp | +19.4 bp | -8.5 bp | Compare | |
| China 10Y | -187.6 bp | -38.0 bp | -50.7 bp | Compare | |
| Spain 10Y | -222.9 bp | -6.3 bp | -47.6 bp | Compare | |
| Australia 10Y | -225.0 bp | +22.9 bp | +12.6 bp | Compare | |
| United Kingdom 10Y | -238.1 bp | -19.3 bp | -33.3 bp | Compare | |
| United States 10Y | -251.0 bp | +0.8 bp | -27.7 bp | Compare | |
| Italy 10Y | -301.1 bp | +2.3 bp | -18.8 bp | Compare | |
| India 10Y | -635.5 bp | -40.6 bp | -42.1 bp | Compare | |
| Russia 10Y | -1017.5 bp | -60.2 bp | -127.4 bp | Compare | |
| Brazil 10Y | -1200.6 bp | -25.2 bp | -147.5 bp | Compare |
Switzerland 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.
Click on
for a forecast of the yield.
If data are not all visible, swipe table left
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | ||||
| 40 years | 0.892% | 70.10 | 103.62 | 170.66 | 237.69 | 304.73 | 371.76 | ||
| 30 years | 0.984% | 74.55 | 100.41 | 152.15 | 203.89 | 255.62 | 307.36 | ||
| 20 years | 1.025% | 81.55 | 99.55 | 135.55 | 171.55 | 207.55 | 243.55 | ||
| 15 years | 1.023% | 85.84 | 99.68 | 127.36 | 155.04 | 182.72 | 210.40 | ||
| 10 years | 1.005% | 90.48 | 99.95 | 118.89 | 137.83 | 156.77 | 175.70 | ||
| 9 years | 0.982% | 91.58 | 100.15 | 117.30 | 134.45 | 151.60 | 168.74 | ||
| 8 years | 0.962% | 92.63 | 100.29 | 115.62 | 130.95 | 146.28 | 161.61 | ||
| 7 years | 0.956% | 93.56 | 100.30 | 113.78 | 127.26 | 140.74 | 154.22 | ||
| 6 years | 0.945% | 94.51 | 100.32 | 111.93 | 123.55 | 135.16 | 146.77 | ||
| 5 years | 0.944% | 95.41 | 100.27 | 110.00 | 119.72 | 129.44 | 139.16 | ||
| 4 years | 0.928% | 96.37 | 100.28 | 108.10 | 115.92 | 123.73 | 131.55 | ||
| 3 years | 0.928% | 97.27 | 100.21 | 106.10 | 111.99 | 117.88 | 123.77 | ||
| 2 years | 0.584% | 98.84 | 100.82 | 104.79 | 108.76 | 112.72 | 116.69 | ||
| 1 year | 1.400% | 98.62 | 99.61 | 101.58 | 103.55 | 105.52 | 107.50 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||