Last Update: 22 Oct 2019 20:15 GMT+0
The Turkey 10Y Government Bond has a 14.385% 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 16.50% (last modification in September 2019).
The Turkey credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 381.70 and implied probability of default is 6.36%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -12 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 107 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-
|
negative |
| DBRS |
BB (high)
|
negative |
| Turkey Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 16.50% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 381.70 | -5.46 % | +4.82 % | +0.60 % | 6.36 % |
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 | 14.235% | -76.5 bp | -733.5 bp | 87.54 | +0.67 % | +6.42 % | |||
| 2 years | 14.115% | -43.5 bp | -738.5 bp | 76.79 | +0.76 % | +13.36 % | |||
| 3 years | 14.105% | -15.5 bp | -668.5 bp | 67.31 | +0.40 % | +18.63 % | |||
| 5 years | 15.185% | +67.5 bp | -491.5 bp | 49.32 | -2.89 % | +23.24 % | |||
| 10 years | 14.385% | -6.5 bp | -291.5 bp | 26.08 | +0.58 % | +28.60 % | |||
10Y Bond Yield Spread - Turkey vs Main Countries
The Turkey 10Y Government Bond has a 14.385% 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 | 1475.1 bp | -22.4 | -252.5 | ||
| Japan 10Y | 1451.1 bp | -15.4 | -281.8 | ||
| France 10Y | 1445.3 bp | -21.8 | -247.7 | ||
| Spain 10Y | 1412.5 bp | -7.3 | -211.2 | ||
| United Kingdom 10Y | 1367.3 bp | -15.3 | -243.6 | ||
| Italy 10Y | 1336.5 bp | -15.4 | -133.8 | ||
| Australia 10Y | 1323.5 bp | -19.7 | -211.5 | ||
| Canada 10Y | 1285.9 bp | -20.4 | -265.3 | ||
| United States 10Y | 1261.5 bp | -11.3 | -210.0 | ||
| China 10Y | 1113.6 bp | -19.6 | -274.5 | ||
| Russia 10Y | 790.5 bp | +46.5 | -114.5 | ||
| Brazil 10Y | 782.0 bp | +45.0 | -54.0 | ||
| India 10Y | 757.0 bp | -9.8 | -225.6 |
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 | 14.385% | 26.08 | 31.22 | 41.50 | 51.77 | 62.05 | 72.33 | |
| 5 years | 15.185% | 49.32 | 52.66 | 59.33 | 66.01 | 72.68 | 79.36 | |
| 3 years | 14.105% | 67.31 | 69.63 | 74.26 | 78.90 | 83.53 | 88.17 | |
| 2 years | 14.115% | 76.79 | 78.44 | 81.72 | 85.01 | 88.30 | 91.59 | |
| 1 year | 14.235% | 87.54 | 88.41 | 90.17 | 91.92 | 93.67 | 95.42 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||