Last Update: 24 Jan 2020 21:15 GMT+0
The Turkey 10Y Government Bond has a 10.370% yield.
10 Years vs 2 Years bond spread is 27 bp. Yield Curve is flat in Long-Term vs Short-Term Maturities.
Central Bank Rate is 11.25% (last modification in January 2020).
The Turkey credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 238.59 and implied probability of default is 3.98%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 17.5 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 45.5 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 27 bp | Yield Curve is flat 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 | 11.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 238.59 | -1.99 % | -14.85 % | -22.07 % | 3.98 % |
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 | 9.925% | -122.5 bp | -867.5 bp | 90.97 | +1.11 % | +7.89 % | |||
| 2 years | 10.100% | -176.5 bp | -702.0 bp | 82.49 | +3.23 % | +13.16 % | |||
| 3 years | 9.830% | -180.5 bp | -671.0 bp | 75.48 | +5.01 % | +19.47 % | |||
| 5 years | 10.555% | -175.0 bp | -561.5 bp | 60.55 | +8.16 % | +28.12 % | |||
| 10 years | 10.370% | -212.5 bp | -535.0 bp | 37.28 | +21.00 % | +60.55 % | |||
10Y Bond Yield Spread - Turkey vs Main Countries
The Turkey 10Y Government Bond has a 10.370% 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 | 1070.9 bp | -203.1 | -538.6 | ||
| France 10Y | 1045.1 bp | -198.5 | -538.2 | ||
| Japan 10Y | 1038.0 bp | -211.3 | -548.9 | ||
| Spain 10Y | 1002.7 bp | -204.6 | -533.6 | ||
| United Kingdom 10Y | 980.3 bp | -192.2 | -524.0 | ||
| Australia 10Y | 931.3 bp | -187.6 | -512.4 | ||
| Italy 10Y | 914.5 bp | -184.4 | -507.6 | ||
| Canada 10Y | 900.3 bp | -187.5 | -526.8 | ||
| United States 10Y | 868.1 bp | -191.1 | -499.1 | ||
| China 10Y | 733.6 bp | -195.7 | -520.6 | ||
| Russia 10Y | 416.5 bp | -199.5 | -428.5 | ||
| India 10Y | 379.2 bp | -213.2 | -549.0 | ||
| Brazil 10Y | 367.3 bp | -188.5 | -485.7 |
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 | 10.370% | 37.28 | 43.33 | 55.43 | 67.52 | 79.62 | 91.71 | |
| 5 years | 10.555% | 60.55 | 64.29 | 71.76 | 79.24 | 86.71 | 94.19 | |
| 3 years | 9.830% | 75.48 | 77.98 | 82.96 | 87.95 | 92.94 | 97.93 | |
| 2 years | 10.100% | 82.49 | 84.23 | 87.69 | 91.16 | 94.63 | 98.09 | |
| 1 year | 9.925% | 90.97 | 91.88 | 93.70 | 95.52 | 97.34 | 99.16 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||