Last Update: 16 Jul 2020 16:15 GMT+0
The Turkey 10Y Government Bond has a 12.645% yield.
10 Years vs 2 Years bond spread is 224 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 8.25% (last modification in May 2020).
The Turkey credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 516.38 and implied probability of default is 8.61%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 110 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 145.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 224 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-
|
- |
| DBRS |
BB (high)
|
negative |
| Turkey Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 8.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 516.38 | +8.23 % | +14.31 % | +37.23 % | 8.61 % |
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 | 9.305% | +97.0 bp | -92.5 bp | 91.49 | -0.89 % | +0.85 % | |||
| 2 years | 10.405% | +121.5 bp | +9.5 bp | 82.04 | -2.19 % | -0.17 % | |||
| 3 years | 11.480% | +114.5 bp | +147.5 bp | 72.18 | -3.05 % | -3.91 % | |||
| 5 years | 11.860% | +155.0 bp | +126.0 bp | 57.10 | -6.73 % | -5.51 % | |||
| 10 years | 12.645% | +52.5 bp | +165.5 bp | 30.40 | -4.55 % | -13.76 % | |||
10Y Bond Yield Spread - Turkey vs Main Countries
The Turkey 10Y Government Bond has a 12.645% 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 | 1311.3 bp | +56.3 | +190.1 | ||
| France 10Y | 1280.0 bp | +63.0 | +184.8 | ||
| Japan 10Y | 1263.5 bp | +52.9 | +165.6 | ||
| United Kingdom 10Y | 1250.9 bp | +59.3 | +216.0 | ||
| Spain 10Y | 1224.2 bp | +65.2 | +171.2 | ||
| Canada 10Y | 1213.7 bp | +56.6 | +270.5 | ||
| United States 10Y | 1204.0 bp | +66.1 | +285.9 | ||
| Australia 10Y | 1177.1 bp | +57.8 | +197.4 | ||
| Italy 10Y | 1140.2 bp | +63.7 | +182.5 | ||
| China 10Y | 960.7 bp | +34.0 | +176.5 | ||
| India 10Y | 683.2 bp | +55.8 | +244.0 | ||
| Russia 10Y | 680.5 bp | +27.0 | +202.5 | ||
| Brazil 10Y | 618.8 bp | +68.4 | +204.2 |
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 | 12.645% | 30.40 | 35.90 | 46.91 | 57.92 | 68.93 | 79.94 | |
| 5 years | 11.860% | 57.10 | 60.72 | 67.95 | 75.19 | 82.42 | 89.65 | |
| 3 years | 11.480% | 72.18 | 74.60 | 79.45 | 84.30 | 89.14 | 93.99 | |
| 2 years | 10.405% | 82.04 | 83.77 | 87.22 | 90.67 | 94.12 | 97.57 | |
| 1 year | 9.305% | 91.49 | 92.40 | 94.23 | 96.06 | 97.89 | 99.72 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||