Last Update: 19 Apr 2019 8:15 GMT+0
The Turkey 10Y Government Bond has a 17.060% yield.
10 Years vs 2 Years bond spread is -535 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities
Central Bank Rate is 24.00%.
The Turkey rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 420.19 and implied probability of default is 7.00%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 56 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | -231 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -535 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
B+
|
- |
| Moody's Investors Service |
Ba3
|
negative |
| Fitch Ratings |
BB
|
negative |
| DBRS |
BB (high)
|
negative |
| Turkey Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 24.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 420.19 | +0.75 % | +40.79 % | +123.10 % | 7.00 % |
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 | 21.850% | +312.0 bp | -365.0 bp | 82.07 | -2.55 % | +3.00 % | |||
| 2 years | 22.410% | +425.0 bp | -205.0 bp | 66.74 | -6.81 % | +3.38 % | |||
| 3 years | 20.630% | +266.0 bp | -82.0 bp | 56.97 | -6.47 % | +2.06 % | |||
| 5 years | 20.100% | +323.0 bp | -32.0 bp | 40.02 | -12.75 % | +1.34 % | |||
| 10 years | 17.060% | +139.0 bp | -94.0 bp | 20.70 | -11.23 % | +8.32 % | |||
10Y Bond Yield Spread - Turkey vs Main Countries
The Turkey 10Y Government Bond has a 17.060% 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 |
|
|---|---|---|---|---|---|
| Japan 10Y | 1708.7 bp | +137.3 | -76.4 | ||
| Germany 10Y | 1703.7 bp | +147.2 | -51.0 | ||
| France 10Y | 1669.0 bp | +149.7 | -47.5 | ||
| Spain 10Y | 1599.9 bp | +151.5 | -24.1 | ||
| United Kingdom 10Y | 1587.1 bp | +139.0 | -54.3 | ||
| Canada 10Y | 1529.4 bp | +135.2 | -21.1 | ||
| Australia 10Y | 1513.5 bp | +139.1 | -16.0 | ||
| United States 10Y | 1450.0 bp | +144.8 | -30.4 | ||
| Italy 10Y | 1444.8 bp | +126.7 | +1.7 | ||
| China 10Y | 1367.0 bp | +115.8 | -74.7 | ||
| India 10Y | 964.0 bp | +150.6 | -43.9 | ||
| Russia 10Y | 882.0 bp | +143.0 | -59.0 | ||
| Brazil 10Y | 810.0 bp | +119.0 | +48.0 |
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 | 17.060% | 20.70 | 25.35 | 34.64 | 43.94 | 53.24 | 62.53 | |
| 5 years | 20.100% | 40.02 | 43.00 | 48.97 | 54.94 | 60.91 | 66.88 | |
| 3 years | 20.630% | 56.97 | 59.05 | 63.23 | 67.40 | 71.57 | 75.74 | |
| 2 years | 22.410% | 66.74 | 68.22 | 71.19 | 74.16 | 77.13 | 80.10 | |
| 1 year | 21.850% | 82.07 | 82.89 | 84.53 | 86.17 | 87.81 | 89.45 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||