COUNTRY •
VIETNAM
Last Update: 2 Oct 2023 2:15 GMT+0
The Vietnam 10Y Government Bond has a 2.788% yield.
10 Years vs 2 Years bond spread is 92.2 bp. Normal Convexity in Long-Term vs Short-Term Maturities.
Central Bank Rate is 4.50% (last modification in June 2023).
The Vietnam credit rating is BB+, according to Standard & Poor's agency.
If data are not all visible, swipe table left
Residual Maturity |
Yield | ZC Price | Last Change |
||||||
---|---|---|---|---|---|---|---|---|---|
Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
1 year | 1.806% | -0.8 bp | -126.3 bp | 98.23 | +0.01 % | +1.25 % | 02 Oct | ||
2 years | 1.866% | -0.1 bp | -125.2 bp | 96.37 | 0.00 % | +2.48 % | 02 Oct | ||
3 years | 1.894% | +5.0 bp | -122.5 bp | 94.53 | -0.15 % | +3.65 % | 02 Oct | ||
5 years | 2.010% | +12.7 bp | -111.7 bp | 90.53 | -0.61 % | +5.60 % | 02 Oct | ||
7 years | 2.454% | +9.1 bp | -50.3 bp | 84.39 | -0.62 % | +3.48 % | 02 Oct | ||
10 years | 2.788% | +12.1 bp | -63.1 bp | 75.96 | -1.17 % | +6.31 % | 02 Oct | ||
15 years | 2.996% | +13.4 bp | -59.1 bp | 64.22 | -1.94 % | +8.96 % | 02 Oct | ||
20 years | 3.148% | +3.8 bp | -78.5 bp | 53.80 | -0.74 % | +16.37 % | 02 Oct | ||
30 years | 3.268% | +2.2 bp | -83.7 bp | 38.11 | -0.63 % | +27.42 % | 02 Oct |
Last Update: 2 Oct 2023 2:15 GMT+0
Vietnam Yield Curve Analysis
Normally, longer-duration interest rates are higher than short-duration. So, the yield curve normally slopes upward as duration increases.
For this reason, the spread (i.e. the yield difference) between a longer and a shorter bond should be positive.
If not, the yield curve can be flat or inverted.
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
The curve convexity is measured considering some key bond durations (usually 2 years and 10 years, but also other maturities).
If data are not all visible, swipe table left
Residual Maturity |
Yield | Spread vs Bond | Spread vs Central Bank Rate (4.50%) |
||||
---|---|---|---|---|---|---|---|
1 year | 2 years | 5 years | 10 years | ||||
30 years | 3.268% | -123.2 bp | |||||
10 years | 2.788% | -171.2 bp | |||||
5 years | 2.010% | -249.0 bp | |||||
2 years | 1.866% | -263.4 bp | |||||
1 year | 1.806% | -269.4 bp |
Focusing on 2 years Government Bond:
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2Y vs 1Y | 6 bp | Yield Curve is flat in Short-Term Maturities | ||
5Y vs 2Y | 14.4 bp | Yield Curve is flat in Mid-Term vs Short-Term Maturities | ||
10Y vs 2Y | 92.2 bp | Normal Convexity in Long-Term vs Short-Term Maturities |
Readings that may interest you
Vietnam Credit Ratings
A credit rating is an assessment of the creditworthiness of a borrower (in general terms or with respect to a particular debt or financial obligation).
For a deeper analysis of credit ratings, click here
Vietnam Credit Ratings History
Rating Agency | Rating | Outlook |
---|---|---|
Standard & Poor's |
BB+
|
- |
Moody's Investors Service |
Ba2
|
- |
Fitch Ratings |
BB
|
positive |
DBRS |
-
|
- |
Vietnam Interest Rates
A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loans.
Interest Rates | Value | |
---|---|---|
Central Bank Rate | 4.50% |
Vietnam 10Y Bond Yield Spread
The Vietnam 10Y Government Bond has a 2.788% yield. Click on Spread value for the historical serie.
A positive spread, marked by
, 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.
If data are not all visible, swipe table left
Vietnam 10Y vs | Current Spread | Chg 1M | Chg 6M | ||
---|---|---|---|---|---|
Japan 10Y | 202.7 bp | -1.9 bp | -106.3 bp | Compare | |
China 10Y | 8.2 bp | +3.8 bp | -46.3 bp | Compare | |
Germany 10Y | -6.6 bp | -19.3 bp | -119.9 bp | Compare | |
France 10Y | -62.8 bp | -21.9 bp | -126.3 bp | Compare | |
Spain 10Y | -116.5 bp | -26.8 bp | -128.9 bp | Compare | |
Canada 10Y | -128.1 bp | -35.0 bp | -178.3 bp | Compare | |
United Kingdom 10Y | -163.6 bp | +9.9 bp | -159.0 bp | Compare | |
Australia 10Y | -173.4 bp | -35.9 bp | -191.6 bp | Compare | |
United States 10Y | -183.6 bp | -32.2 bp | -178.2 bp | Compare | |
Italy 10Y | -202.7 bp | -46.3 bp | -136.9 bp | Compare | |
India 10Y | -442.2 bp | +8.6 bp | -52.6 bp | Compare | |
Brazil 10Y | -892.3 bp | -43.8 bp | +55.8 bp | Compare | |
Russia 10Y | -1011.2 bp | -70.9 bp | -323.1 bp | Compare |
Vietnam 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.
Click on
for a forecast of the yield.
If data are not all visible, swipe table left
Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
---|---|---|---|---|---|---|---|---|---|
0% | 1% | 3% | 5% | 7% | 9% | ||||
30 years | 3.268% | 38.11 | 57.05 | 94.92 | 132.80 | 170.68 | 208.56 | ||
20 years | 3.148% | 53.80 | 68.48 | 97.83 | 127.18 | 156.53 | 185.88 | ||
15 years | 2.996% | 64.22 | 76.16 | 100.05 | 123.93 | 147.81 | 171.70 | ||
10 years | 2.788% | 75.96 | 84.58 | 101.83 | 119.07 | 136.32 | 153.57 | ||
7 years | 2.454% | 84.39 | 90.75 | 103.47 | 116.19 | 128.91 | 141.64 | ||
5 years | 2.010% | 90.53 | 95.24 | 104.66 | 114.09 | 123.51 | 132.94 | ||
3 years | 1.894% | 94.53 | 97.42 | 103.20 | 108.98 | 114.76 | 120.54 | ||
2 years | 1.866% | 96.37 | 98.32 | 102.21 | 106.10 | 109.99 | 113.88 | ||
1 year | 1.806% | 98.23 | 99.21 | 101.17 | 103.14 | 105.10 | 107.07 | ||
Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |