Last Update: 25 Jan 2022 3:15 GMT+0
The Turkey 10Y Government Bond has a 22.450% yield.
10 Years vs 2 Years bond spread is -39.5 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 14.00% (last modification in December 2021).
The Turkey credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 555.90 and implied probability of default is 9.27%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 189.5 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 97 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -39.5 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
B+
|
negative |
| Moody's Investors Service |
B2
|
negative |
| Fitch Ratings |
BB-
|
negative |
| 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 | 555.90 | -0.22 % | +0.34 % | +72.00 % | 9.27 % |
Turkey 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 | ||||
| 3 months | 16.209% | -299.7 bp | -221.3 bp | ||||||
| 6 months | 18.065% | -278.0 bp | -33.7 bp | ||||||
| 9 months | 18.918% | -120.2 bp | +53.5 bp | ||||||
| 1 year | 20.950% | -50.0 bp | +291.0 bp | 82.68 | +0.41 % | -2.41 % | |||
| 2 years | 22.845% | +9.5 bp | +415.5 bp | 66.27 | -0.15 % | -6.65 % | |||
| 3 years | 22.930% | -54.5 bp | +521.0 bp | 53.83 | +1.34 % | -12.19 % | |||
| 5 years | 23.815% | -134.5 bp | +540.0 bp | 34.37 | +5.56 % | -19.98 % | |||
| 10 years | 22.450% | -154.5 bp | +497.0 bp | 13.20 | +13.40 % | -33.90 % | |||
Turkey 10Y Bond Yield Spread
The Turkey 10Y Government Bond has a 22.450% 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. Instead, a negative spread is marked by a green circle.
Click on the values in "Current Spread" column, for the historical series of the spread.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
| Turkey 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
|---|---|---|---|---|---|
| Germany 10Y | 2256.1 bp | -168.8 bp | +466.1 bp | Compare | |
| Japan 10Y | 2231.9 bp | -161.7 bp | +485.9 bp | Compare | |
| France 10Y | 2214.9 bp | -172.8 bp | +458.2 bp | Compare | |
| Spain 10Y | 2181.9 bp | -165.9 bp | +460.4 bp | Compare | |
| United Kingdom 10Y | 2132.1 bp | -175.2 bp | +443.0 bp | Compare | |
| Italy 10Y | 2109.8 bp | -177.6 bp | +424.0 bp | Compare | |
| United States 10Y | 2067.9 bp | -182.3 bp | +448.0 bp | Compare | |
| Canada 10Y | 2063.2 bp | -188.7 bp | +436.0 bp | Compare | |
| Australia 10Y | 2049.2 bp | -190.9 bp | +421.4 bp | Compare | |
| China 10Y | 1974.8 bp | -140.3 bp | +520.6 bp | Compare | |
| India 10Y | 1579.8 bp | -173.5 bp | +448.3 bp | Compare | |
| Russia 10Y | 1273.5 bp | -284.0 bp | +224.5 bp | Compare | |
| Brazil 10Y | 1133.8 bp | -241.6 bp | +302.6 bp | Compare |
Turkey Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates. The highlighted column refers to the zero coupon bond.
For each maturity, the current market yield is shown.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | ||||||
|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | |||
| 10 years | 22.450% | 13.20 | 17.06 | 24.79 | 32.53 | 40.26 | 47.99 | |
| 5 years | 23.815% | 34.37 | 37.12 | 42.63 | 48.15 | 53.66 | 59.17 | |
| 3 years | 22.930% | 53.83 | 55.84 | 59.87 | 63.90 | 67.92 | 71.95 | |
| 2 years | 22.845% | 66.27 | 67.74 | 70.70 | 73.65 | 76.60 | 79.56 | |
| 1 year | 20.950% | 82.68 | 83.51 | 85.16 | 86.81 | 88.47 | 90.12 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||