Last Update: 10 Dec 2019 1:15 GMT+0
The Turkey 10Y Government Bond has a 12.605% yield.
10 Years vs 2 Years bond spread is 40 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 14.00% (last modification in October 2019).
The Turkey credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 306.43 and implied probability of default is 5.11%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 47.5 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 28 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 40 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 | 14.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 306.43 | -3.07 % | -5.00 % | -18.38 % | 5.11 % |
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 | 11.730% | -52.5 bp | -1257.0 bp | 89.50 | +0.47 % | +11.25 % | |||
| 2 years | 12.205% | -11.0 bp | -951.5 bp | 79.43 | +0.20 % | +17.67 % | |||
| 3 years | 12.140% | +22.5 bp | -857.0 bp | 70.91 | -0.60 % | +24.71 % | |||
| 5 years | 12.485% | -16.5 bp | -775.5 bp | 55.53 | +0.74 % | +39.56 % | |||
| 10 years | 12.605% | -16.5 bp | -494.5 bp | 30.51 | +1.46 % | +53.70 % | |||
10Y Bond Yield Spread - Turkey vs Main Countries
The Turkey 10Y Government Bond has a 12.605% 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 | 1291.0 bp | -12.8 | -485.7 | ||
| Japan 10Y | 1260.6 bp | -22.4 | -506.4 | ||
| France 10Y | 1259.7 bp | -14.5 | -481.9 | ||
| Spain 10Y | 1215.8 bp | -22.4 | -478.5 | ||
| United Kingdom 10Y | 1184.1 bp | -13.9 | -487.4 | ||
| Australia 10Y | 1148.1 bp | +3.1 | -458.7 | ||
| Italy 10Y | 1123.1 bp | -26.2 | -395.1 | ||
| Canada 10Y | 1101.6 bp | -16.9 | -501.7 | ||
| United States 10Y | 1078.4 bp | -4.1 | -462.1 | ||
| China 10Y | 938.0 bp | -9.5 | -489.7 | ||
| Russia 10Y | 621.5 bp | -14.5 | -364.5 | ||
| India 10Y | 594.6 bp | -27.0 | -452.7 | ||
| Brazil 10Y | 585.4 bp | -27.2 | -359.6 |
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 | 12.605% | 30.51 | 36.02 | 47.05 | 58.07 | 69.10 | 80.13 | |
| 5 years | 12.485% | 55.53 | 59.09 | 66.22 | 73.34 | 80.46 | 87.59 | |
| 3 years | 12.140% | 70.91 | 73.31 | 78.10 | 82.89 | 87.68 | 92.48 | |
| 2 years | 12.205% | 79.43 | 81.11 | 84.48 | 87.86 | 91.23 | 94.60 | |
| 1 year | 11.730% | 89.50 | 90.40 | 92.19 | 93.98 | 95.77 | 97.56 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||