The Bahrain 10Y Government Bond has an estimated 6.555% yield. Its value is not derived from the market, but it's calculated according to the yields of other available durations.
Central Bank Rate is 6.25% (last modification in July 2023).
The Bahrain credit rating is B+, according to Standard & Poor's agency.
Current 5-Years Credit Default Swap quotation is 255.00 and implied probability of default is 4.25%.
Bahrain Yield Curve
|Last||Chg 1M||Chg 6M||Last||Chg 1M||Chg 6M|
|3 months||6.354%||-5.7 bp||-316.5 bp||28 Nov|
|6 months||6.389%||-5.1 bp||+14.9 bp||28 Nov|
|9 months||6.426%||-3.2 bp||+6.9 bp||28 Nov|
|1 year||6.459%||-1.9 bp||+8.5 bp||93.93||+0.01 %||-0.09 %||28 Nov|
|2 years||6.427%||-34.6 bp||+21.7 bp||88.29||+0.65 %||-0.41 %||28 Nov|
|5 years||6.475%||-97.7 bp||+18.4 bp||73.07||+4.67 %||-0.87 %||28 Nov|
|Last Update: 28 Nov 2023 18:15 GMT+0|
Bahrain Yield 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).
|Yield||Spread vs Bond||Spread vs
|3 months||1 year||2 years|
|5 years||6.475%||22.5 bp|
|2 years||6.427%||17.7 bp|
|1 year||6.459%||20.9 bp|
|3 months||6.354%||10.4 bp|
Focusing on 2 years Government Bond:
|2Y vs 1Y||-3.2 bp||Yield Curve is inverted in Short-Term Maturities|
|5Y vs 2Y||4.8 bp||Yield Curve is flat in Mid-Term vs Short-Term Maturities|
Bahrain 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 Bahrain Credit Ratings History
|Standard & Poor's||B+||-|
|Moody's Investors Service||B2||-|
Bahrain 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.
|Central Bank Rate||6.25%|
Bahrain Credit Default Swaps
The term credit default swap (CDS) refers to a financial derivative that allows an investor to swap or offset their credit risk with that of another investor. To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults.
|Credit Default Swap||CDS Value||Var % 1W||Var % 1M||Var % 1Y||Implied PD(*)|
|5 Years CDS||255.00||-3.77 %||-10.53 %||-47.42 %||4.25 %|
|(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.|
Bahrain 10Y Bond Yield Spread
The Bahrain 10Y Government Bond has an estimated 6.555% yield.
Click on the "Compare" button, for a report with the full comparison between the two countries, with all the available data.
Bahrain Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates.
Click on for a forecast of the yield.
|Yield||Bond Price - with different Coupon Rates||Fx|