Last Update: 3 Apr 2020 16:15 GMT+0
The Turkey 10Y Government Bond has a 14.705% yield.
10 Years vs 2 Years bond spread is 254.5 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 9.75% (last modification in March 2020).
The Turkey credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 414.79 and implied probability of default is 6.91%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 72.5 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | 195 bp | Normal Convexity in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | 254.5 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 | 9.75% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 414.79 | -24.64 % | +12.69 % | +4.63 % | 6.91 % |
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 | 11.435% | -12.0 bp | -186.5 bp | 89.74 | +0.11 % | +1.68 % | |||
| 2 years | 12.160% | +48.0 bp | -133.0 bp | 79.49 | -0.86 % | +2.38 % | |||
| 3 years | 12.235% | +77.5 bp | -118.5 bp | 70.73 | -2.06 % | +3.20 % | |||
| 5 years | 14.110% | +147.5 bp | +74.0 bp | 51.69 | -6.29 % | -3.20 % | |||
| 10 years | 14.705% | +244.0 bp | +134.5 bp | 25.36 | -19.36 % | -11.14 % | |||
10Y Bond Yield Spread - Turkey vs Main Countries
The Turkey 10Y Government Bond has a 14.705% 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 | 1514.9 bp | +224.2 | +119.9 | ||
| Japan 10Y | 1470.9 bp | +233.8 | +115.5 | ||
| France 10Y | 1464.0 bp | +204.8 | +98.9 | ||
| United Kingdom 10Y | 1439.5 bp | +251.7 | +150.4 | ||
| United States 10Y | 1412.7 bp | +286.1 | +230.3 | ||
| Canada 10Y | 1401.1 bp | +271.1 | +189.7 | ||
| Spain 10Y | 1397.5 bp | +190.2 | +76.6 | ||
| Australia 10Y | 1395.3 bp | +241.3 | +150.3 | ||
| Italy 10Y | 1316.7 bp | +189.6 | +63.9 | ||
| China 10Y | 1209.5 bp | +262.9 | +189.0 | ||
| India 10Y | 839.9 bp | +247.6 | +164.5 | ||
| Russia 10Y | 789.0 bp | +179.0 | +155.0 | ||
| Brazil 10Y | 682.3 bp | +114.8 | +45.3 |
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 | 14.705% | 25.36 | 30.44 | 40.59 | 50.74 | 60.89 | 71.04 | |
| 5 years | 14.110% | 51.69 | 55.11 | 61.96 | 68.81 | 75.66 | 82.50 | |
| 3 years | 12.235% | 70.73 | 73.12 | 77.91 | 82.69 | 87.48 | 92.26 | |
| 2 years | 12.160% | 79.49 | 81.18 | 84.55 | 87.92 | 91.30 | 94.67 | |
| 1 year | 11.435% | 89.74 | 90.64 | 92.43 | 94.23 | 96.02 | 97.81 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||