Last Update: 22 Sep 2021 20:15 GMT+0
The Turkey 10Y Government Bond has a 17.415% yield.
10 Years vs 2 Years bond spread is -40.5 bp. Yield Curve is inverted in Long-Term vs Short-Term Maturities.
Central Bank Rate is 19.00% (last modification in March 2021).
The Turkey credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 381.91 and implied probability of default is 6.37%.
| Yield Comparison | Spread | Curve Convexity | ||
|---|---|---|---|---|
| 2Y vs 1Y | -30 bp | Yield Curve is inverted in Short-Term Maturities | ||
| 5Y vs 2Y | 1 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -40.5 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 | 19.00% |
| Credit Default Swap | CDS Value | Var % 1W | Var % 1M | Var % 1Y | Implied PD | |
|---|---|---|---|---|---|---|
| 5 Years CDS | 381.91 | +6.25 % | +0.34 % | -25.46 % | 6.37 % |
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 | 17.320% | -96.3 bp | n.a. | ||||||
| 6 months | 17.150% | -117.5 bp | n.a. | ||||||
| 9 months | 17.842% | -48.5 bp | n.a. | ||||||
| 1 year | 18.120% | -66.5 bp | -319.0 bp | 84.66 | +0.56 % | +2.71 % | |||
| 2 years | 17.820% | -90.5 bp | -58.0 bp | 72.04 | +1.55 % | +1.00 % | |||
| 3 years | 17.895% | -85.5 bp | -46.5 bp | 61.03 | +2.19 % | +1.19 % | |||
| 5 years | 17.830% | -47.0 bp | -167.0 bp | 44.03 | +2.02 % | +7.29 % | |||
| 10 years | 17.415% | -23.0 bp | -142.5 bp | 20.08 | +1.98 % | +12.81 % | |||
Turkey 10Y Bond Yield Spread
The Turkey 10Y Government Bond has a 17.415% 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 | 1774.2 bp | -39.8 bp | -140.7 bp | Compare | |
| France 10Y | 1740.8 bp | -38.5 bp | -148.9 bp | Compare | |
| Japan 10Y | 1738.3 bp | -25.6 bp | -138.0 bp | Compare | |
| Spain 10Y | 1710.3 bp | -33.0 bp | -140.0 bp | Compare | |
| Italy 10Y | 1675.1 bp | -34.7 bp | -144.4 bp | Compare | |
| United Kingdom 10Y | 1661.6 bp | -50.3 bp | -140.7 bp | Compare | |
| Canada 10Y | 1619.9 bp | -30.3 bp | -108.0 bp | Compare | |
| Australia 10Y | 1616.9 bp | -40.7 bp | -91.2 bp | Compare | |
| United States 10Y | 1610.8 bp | -28.2 bp | -103.7 bp | Compare | |
| China 10Y | 1453.3 bp | -24.4 bp | -105.1 bp | Compare | |
| India 10Y | 1127.7 bp | -13.4 bp | -138.3 bp | Compare | |
| Russia 10Y | 1025.5 bp | -44.0 bp | -147.0 bp | Compare | |
| Brazil 10Y | 664.4 bp | -41.9 bp | -352.1 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 | 17.415% | 20.08 | 24.67 | 33.85 | 43.03 | 52.20 | 61.38 | |
| 5 years | 17.830% | 44.03 | 47.17 | 53.44 | 59.72 | 66.00 | 72.28 | |
| 3 years | 17.895% | 61.03 | 63.20 | 67.56 | 71.92 | 76.27 | 80.63 | |
| 2 years | 17.820% | 72.04 | 73.61 | 76.75 | 79.88 | 83.02 | 86.16 | |
| 1 year | 18.120% | 84.66 | 85.51 | 87.20 | 88.89 | 90.59 | 92.28 | |
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | ||