COUNTRY •
SWITZERLAND
Last Update: 28 Jun 2022 5:23 GMT+0
The Switzerland 10Y Government Bond has a 1.354% yield.
10 Years vs 2 Years bond spread is 103.8 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is -0.25% (last modification in June 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 | -0.250% | n.a. | +55.0 bp | 28 Jun | |||||
| 2 months | -0.260% | n.a. | +41.0 bp | 28 Jun | |||||
| 3 months | -0.240% | n.a. | +56.0 bp | 28 Jun | |||||
| 6 months | 0.010% | n.a. | +81.0 bp | 28 Jun | |||||
| 1 year | 0.420% | n.a. | +115.0 bp | 99.58 | n.a. | -1.15 % | 28 Jun | ||
| 2 years | 0.316% | n.a. | +107.0 bp | 99.37 | n.a. | -2.13 % | 28 Jun | ||
| 3 years | 0.551% | +53.7 bp | +118.0 bp | 98.37 | -1.59 % | -3.47 % | 28 Jun | ||
| 4 years | 0.671% | +55.8 bp | +120.1 bp | 97.36 | -2.20 % | -4.69 % | 28 Jun | ||
| 5 years | 0.848% | +55.8 bp | +130.9 bp | 95.87 | -2.73 % | -6.32 % | 28 Jun | ||
| 6 years | 0.962% | +58.3 bp | +136.9 bp | 94.42 | -3.42 % | -7.86 % | 28 Jun | ||
| 7 years | 1.042% | +55.7 bp | +140.8 bp | 93.00 | -3.80 % | -9.36 % | 28 Jun | ||
| 8 years | 1.147% | +56.7 bp | +143.7 bp | 91.28 | -4.40 % | -10.82 % | 28 Jun | ||
| 9 years | 1.263% | +58.5 bp | +151.8 bp | 89.32 | -5.08 % | -12.71 % | 28 Jun | ||
| 10 years | 1.354% | +60.2 bp | +155.4 bp | 87.42 | -5.78 % | -14.31 % | 28 Jun | ||
| 15 years | 1.536% | +65.0 bp | +159.7 bp | 79.56 | -9.19 % | -21.17 % | 28 Jun | ||
| 20 years | 1.549% | +59.0 bp | +160.2 bp | 73.53 | -11.00 % | -27.25 % | 28 Jun | ||
| 30 years | 1.525% | +60.0 bp | +161.1 bp | 63.51 | -16.28 % | -38.11 % | 28 Jun | ||
| 40 years | 1.516% | +73.4 bp | n.a. | 54.78 | -25.19 % | n.a. | 28 Jun | ||
Last Update: 28 Jun 2022 5:23 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 (-0.25%) |
|||||
|---|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | 10 years | ||||
| 30 years | 1.525% | 177.5 bp | ||||||
| 10 years | 1.354% | 160.4 bp | ||||||
| 5 years | 0.848% | 109.8 bp | ||||||
| 2 years | 0.316% | 56.6 bp | ||||||
| 1 year | 0.420% | 67.0 bp | ||||||
| 3 months | -0.240% | 1.0 bp | ||||||
Focusing on 2 years Government Bond:
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| 2Y vs 1Y | -10.4 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 53.2 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 103.8 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 | -0.25% |
Switzerland 10Y Bond Yield Spread
The Switzerland 10Y Government Bond has a 1.354% 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 | 112.5 bp | +59.6 bp | +138.4 bp | Compare | |
| Germany 10Y | -18.9 bp | +3.5 bp | -22.5 bp | Compare | |
| France 10Y | -72.1 bp | +2.1 bp | -39.0 bp | Compare | |
| United Kingdom 10Y | -103.3 bp | +13.9 bp | +9.0 bp | Compare | |
| Spain 10Y | -133.3 bp | +0.3 bp | -62.3 bp | Compare | |
| China 10Y | -149.8 bp | +50.0 bp | +152.2 bp | Compare | |
| United States 10Y | -182.7 bp | +16.4 bp | -14.3 bp | Compare | |
| Canada 10Y | -202.7 bp | +1.1 bp | -35.1 bp | Compare | |
| Italy 10Y | -226.5 bp | -12.1 bp | -97.0 bp | Compare | |
| Australia 10Y | -238.8 bp | +10.9 bp | -60.1 bp | Compare | |
| India 10Y | -609.3 bp | +50.5 bp | +58.5 bp | Compare | |
| Russia 10Y | -730.6 bp | +145.2 bp | +130.9 bp | Compare | |
| Brazil 10Y | -1142.8 bp | +25.3 bp | -52.1 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 | 1.516% | 54.78 | 84.61 | 144.27 | 203.92 | 263.58 | 323.24 | ||
| 30 years | 1.525% | 63.51 | 87.44 | 135.30 | 183.16 | 231.02 | 278.88 | ||
| 20 years | 1.549% | 73.53 | 90.62 | 124.79 | 158.96 | 193.14 | 227.31 | ||
| 15 years | 1.536% | 79.56 | 92.87 | 119.48 | 146.09 | 172.71 | 199.32 | ||
| 10 years | 1.354% | 87.42 | 96.71 | 115.30 | 133.89 | 152.47 | 171.06 | ||
| 9 years | 1.263% | 89.32 | 97.78 | 114.69 | 131.60 | 148.52 | 165.43 | ||
| 8 years | 1.147% | 91.28 | 98.88 | 114.09 | 129.29 | 144.50 | 159.70 | ||
| 7 years | 1.042% | 93.00 | 99.72 | 113.15 | 126.59 | 140.02 | 153.45 | ||
| 6 years | 0.962% | 94.42 | 100.22 | 111.83 | 123.43 | 135.04 | 146.64 | ||
| 5 years | 0.848% | 95.87 | 100.74 | 110.49 | 120.24 | 129.99 | 139.74 | ||
| 4 years | 0.671% | 97.36 | 101.29 | 109.16 | 117.03 | 124.90 | 132.76 | ||
| 3 years | 0.551% | 98.37 | 101.33 | 107.27 | 113.20 | 119.14 | 125.07 | ||
| 2 years | 0.316% | 99.37 | 101.36 | 105.34 | 109.32 | 113.30 | 117.29 | ||
| 1 year | 0.420% | 99.58 | 100.58 | 102.57 | 104.56 | 106.55 | 108.54 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||