Last Update: 8 Mar 2021 1:15 GMT+0
The Turkey 10Y Government Bond has a 13.910% yield.
10 Years vs 2 Years bond spread is -260.5 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 17.00% (last modification in December 2020).
The Turkey credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 318.43 and implied probability of default is 5.31%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -43 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | -181 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -260.5 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities | ||
| Rating Agency | Rating | Outlook |
|---|---|---|
| Standard & Poor's |
B+
|
- |
| Moody's Investors Service |
B2
|
negative |
| Fitch Ratings |
BB-
|
- |
| DBRS |
BB (high)
|
negative |
| Turkey Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 17.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 318.43 | +7.39 % | +9.17 % | -3.72 % | 5.31 % |
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 | 16.945% | +203.0 bp | +431.5 bp | 85.51 | -1.74 % | -3.69 % | |||
| 2 years | 16.515% | +169.0 bp | +319.0 bp | 73.66 | -2.89 % | -5.41 % | |||
| 3 years | 15.585% | +142.0 bp | +189.5 bp | 64.76 | -3.63 % | -4.83 % | |||
| 5 years | 14.705% | +128.5 bp | +91.5 bp | 50.36 | -5.48 % | -3.93 % | |||
| 10 years | 13.910% | +84.5 bp | -11.5 bp | 27.19 | -7.17 % | +1.00 % | |||
10Y Bond Yield Spread - Turkey vs Main Countries
The Turkey 10Y Government Bond has a 13.910% 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 | 1422.0 bp | +71.4 | -30.1 | ||
| France 10Y | 1396.5 bp | +67.9 | -25.4 | ||
| Japan 10Y | 1382.6 bp | +82.5 | -16.5 | ||
| Spain 10Y | 1351.5 bp | +58.3 | -17.8 | ||
| Italy 10Y | 1316.6 bp | +60.7 | +23.6 | ||
| United Kingdom 10Y | 1315.3 bp | +56.5 | -68.5 | ||
| Canada 10Y | 1240.4 bp | +35.3 | -105.6 | ||
| United States 10Y | 1232.1 bp | +43.2 | -102.2 | ||
| Australia 10Y | 1211.8 bp | +29.8 | -98.6 | ||
| China 10Y | 1063.2 bp | +82.4 | -23.7 | ||
| India 10Y | 767.8 bp | +65.3 | -29.1 | ||
| Russia 10Y | 725.0 bp | +39.0 | -52.5 | ||
| Brazil 10Y | 540.8 bp | -19.2 | -183.7 |
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 | 13.910% | 27.19 | 32.42 | 42.89 | 53.36 | 63.83 | 74.30 | |
| 5 years | 14.705% | 50.36 | 53.74 | 60.49 | 67.24 | 73.99 | 80.74 | |
| 3 years | 15.585% | 64.76 | 67.02 | 71.54 | 76.06 | 80.59 | 85.11 | |
| 2 years | 16.515% | 73.66 | 75.26 | 78.45 | 81.64 | 84.82 | 88.01 | |
| 1 year | 16.945% | 85.51 | 86.37 | 88.08 | 89.79 | 91.50 | 93.21 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||