Last Update: 23 Aug 2019 4:15 GMT+0
The Turkey 10Y Government Bond has a 16.200% yield.
10 Years vs 2 Years bond spread is 63 bp. Normal Convexity in Long-Term vs Short-Term Maturities
Central Bank Rate is 19.75%.
The Turkey rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 402.88 and implied probability of default is 6.71%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -143 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 21 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 63 bp | Normal Convexity in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
B+
|
- |
| Moody's Investors Service |
B1
|
negative |
| Fitch Ratings |
BB-
|
negative |
| DBRS |
BB (high)
|
negative |
| Turkey Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 19.75% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 402.88 | -0.06 % | +11.13 % | -13.00 % | 6.71 % |
Turkey 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 | ||||
| 1 year | 17.000% | -170.0 bp | -191.0 bp | 85.47 | +1.45 % | +1.63 % | |||
| 2 years | 15.570% | -150.0 bp | -249.0 bp | 74.87 | +2.62 % | +4.35 % | |||
| 3 years | 16.040% | -63.0 bp | -71.0 bp | 64.00 | +1.64 % | +1.85 % | |||
| 5 years | 15.780% | -39.0 bp | +34.0 bp | 48.07 | +1.71 % | -1.46 % | |||
| 10 years | 16.200% | +41.0 bp | +142.0 bp | 22.28 | -3.47 % | -11.59 % | |||
10Y Bond Yield Spread - Turkey vs Main Countries
The Turkey 10Y Government Bond has a 16.200% 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.
| Turkey 10Y vs | Current Spread | Chg 1M | Chg 6M | Country Full Comparison |
|
|---|---|---|---|---|---|
| Germany 10Y | 1684.1 bp | +70.3 | +215.0 | ||
| France 10Y | 1655.7 bp | +67.9 | +229.5 | ||
| Japan 10Y | 1643.8 bp | +50.2 | +161.8 | ||
| Spain 10Y | 1603.8 bp | +65.6 | +244.2 | ||
| United Kingdom 10Y | 1568.1 bp | +57.9 | +206.1 | ||
| Australia 10Y | 1522.2 bp | +75.2 | +252.3 | ||
| Canada 10Y | 1491.0 bp | +61.1 | +202.1 | ||
| Italy 10Y | 1489.5 bp | +70.8 | +299.0 | ||
| United States 10Y | 1456.3 bp | +84.5 | +243.7 | ||
| China 10Y | 1312.8 bp | +50.0 | +149.6 | ||
| India 10Y | 963.0 bp | +30.4 | +245.5 | ||
| Russia 10Y | 900.0 bp | +49.0 | +265.0 | ||
| Brazil 10Y | 898.5 bp | +42.5 | +313.5 |
Turkey 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% | |||
| 10 years | 16.200% | 22.28 | 27.08 | 36.67 | 46.27 | 55.86 | 65.46 | |
| 5 years | 15.780% | 48.07 | 51.36 | 57.94 | 64.52 | 71.10 | 77.69 | |
| 3 years | 16.040% | 64.00 | 66.24 | 70.73 | 75.22 | 79.71 | 84.20 | |
| 2 years | 15.570% | 74.87 | 76.48 | 79.71 | 82.94 | 86.17 | 89.40 | |
| 1 year | 17.000% | 85.47 | 86.32 | 88.03 | 89.74 | 91.45 | 93.16 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||