Last Update: 26 Sep 2020 0:15 GMT+0
The Turkey 10Y Government Bond has a 13.005% yield.
10 Years vs 2 Years bond spread is -45 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 10.25% (last modification in September 2020).
The Turkey credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 557.50 and implied probability of default is 9.29%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | 107 bp | Normal Convexity in Short-Term Maturities | ||
| 5Y vs 2Y | -50 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -45 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-
|
negative |
| DBRS |
BB (high)
|
negative |
| Turkey Credit Ratings History | ||
| Interest Rates | |
|---|---|
| Central Bank Rate | 10.25% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 557.50 | +8.81 % | +0.18 % | +51.74 % | 9.29 % |
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 | 12.385% | -82.0 bp | +141.5 bp | 88.98 | +0.72 % | -1.25 % | |||
| 2 years | 13.455% | +19.5 bp | +213.5 bp | 77.69 | -0.35 % | -3.73 % | |||
| 3 years | 13.270% | -94.5 bp | +213.0 bp | 68.81 | +2.52 % | -5.53 % | |||
| 5 years | 12.955% | -137.5 bp | -20.0 bp | 54.38 | +6.23 % | +0.87 % | |||
| 10 years | 13.005% | -145.0 bp | -14.5 bp | 29.45 | +13.62 % | +1.31 % | |||
10Y Bond Yield Spread - Turkey vs Main Countries
The Turkey 10Y Government Bond has a 13.005% 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 | 1353.1 bp | -134.6 | +1.3 | ||
| France 10Y | 1325.7 bp | -132.8 | +6.6 | ||
| Japan 10Y | 1299.9 bp | -141.7 | -13.1 | ||
| United Kingdom 10Y | 1281.2 bp | -134.3 | +4.3 | ||
| Spain 10Y | 1275.8 bp | -132.3 | +12.1 | ||
| Canada 10Y | 1246.3 bp | -138.3 | +15.5 | ||
| United States 10Y | 1234.9 bp | -141.8 | +4.7 | ||
| Australia 10Y | 1216.7 bp | -136.1 | -6.9 | ||
| Italy 10Y | 1211.4 bp | -126.0 | +14.9 | ||
| China 10Y | 987.8 bp | -150.9 | -58.8 | ||
| India 10Y | 696.7 bp | -128.5 | +4.2 | ||
| Russia 10Y | 672.5 bp | -152.5 | +61.5 | ||
| Brazil 10Y | 593.1 bp | -169.4 | +132.1 |
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 | 13.005% | 29.45 | 34.87 | 45.72 | 56.57 | 67.42 | 78.27 | |
| 5 years | 12.955% | 54.38 | 57.91 | 64.95 | 71.99 | 79.03 | 86.07 | |
| 3 years | 13.270% | 68.81 | 71.16 | 75.86 | 80.56 | 85.26 | 89.96 | |
| 2 years | 13.455% | 77.69 | 79.35 | 82.66 | 85.98 | 89.30 | 92.61 | |
| 1 year | 12.385% | 88.98 | 89.87 | 91.65 | 93.43 | 95.21 | 96.99 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||