Egypt Government Bonds - Yields Curve

COUNTRY • SUMMARY
EGYPT

The Egypt 10-Year Government Bond currently offers a yield of 24.560%. This yield reflects the return investors can expect if they hold the bond until maturity. Government bond yields are critical indicators of economic confidence and investor sentiment.

The yield spread between Egypt 10-Year and 2-Year government bonds is 29 basis points (bp), reflecting the difference in yields between long-term and short-term debt.
Typically, long-term bonds carry higher yields than short-term ones.
Current observation: Yield Curve is flat in Long-Term vs Short-Term Maturities.

Egypt Central Bank Rate stands at 27.25%, following the most recent adjustment in March 2024.

According to Standard & Poor's agency, the Egypt credit rating is B-.

The current quotation for Egypt 5-Years Credit Default Swap is 514.55 basis points. Correspondingly, the implied probability of default is 8.58%.

Table of contents

The first official book of
Build wealth
with Lazy Portfolios and Passive Investing
Set your goal
Use top metrics to evaluate
Choose Bond ETFs to control risk
Join the passive investing strategy
Exclusive new asset allocations in EUR and USD

Egypt Yield Curve

A Yield Curve is a graph that shows the relationship between interest rates (or yields) and different maturities of debt for a specific borrower, often government bonds. It typically plots yields on the y-axis and maturities on the x-axis, ranging from short-term to long-term bonds.

The shape of the yield curve gives investors insights into market expectations for interest rates, economic growth, and inflation. A normal yield curve, where long-term rates are higher than short-term, suggests economic growth, while an inverted curve, where short-term rates are higher, can indicate an upcoming recession.

Egypt Yield Curve
Egypt Government Bonds
8 December 2024

Loading data
Please wait
Show discontinued:
If data are not all visible, swipe table left
Residual
Maturity
Annualized Yield Constant Maturity Zero Coupon Price Capital
Growth
of 1 Unit
Last
Update
Last Chg 1M Chg 6M Chg 12M Last Chg 1M Chg 6M Chg 12M
3 months 30.680% -326.1 bp +203.6 bp +607.7 bp 93.53 +0.62 % -0.39 % -1.18 % 1.069 06 Dec
6 months 30.520% -261.9 bp +301.4 bp +289.9 bp 87.53 +0.99 % -1.16 % -1.12 % 1.142 06 Dec
9 months 28.820% -274.0 bp +209.5 bp +137.7 bp 82.70 +1.58 % -1.22 % -0.80 % 1.209 06 Dec
1 year 26.610% -333.7 bp +18.4 bp -64.0 bp 78.98 +2.64 % -0.15 % +0.50 % 1.266 06 Dec
2 years 24.270% -385.3 bp -86.1 bp -245.1 bp 64.75 +6.29 % +1.38 % +3.98 % 1.544 06 Dec
3 years 24.040% -135.9 bp -217.8 bp -278.2 bp 52.40 +3.33 % +5.37 % +6.90 % 1.908 06 Dec
5 years 24.000% -147.9 bp -188.7 bp -237.2 bp 34.11 +6.10 % +7.84 % +9.93 % 2.931 06 Dec
7 years 24.390% -133.6 bp -141.2 bp -154.4 bp 21.70 +7.75 % +8.23 % +8.99 % 4.607 06 Dec
10 years 24.560% -130.2 bp -125.7 bp -118.1 bp 11.12 +10.98 % +10.54 % +9.88 % 8.990 06 Dec
Last Update: 8 Dec 2024, 0:15 GMT+0

Egypt Yield History

This table presents the historical values of the yield curve, with data points collected at the end of each year.

By analyzing these values over time, one can observe trends and shifts in economic sentiment and monetary policy that impact investor expectations about future interest rates and economic growth.

If data are not all visible, swipe table left
Government Bonds Yield (%)
Spread (bp)
Period 1M 3M 6M 1Y 2Y 3Y 5Y 7Y 10Y 30Y 10Y - 2Y
Dec 2024 n.a. 30.680 30.520 26.610 24.270 24.040 24.000 24.390 24.560 n.a. 29.0
Dec 2023 n.a. 24.266 27.569 27.194 26.833 27.138 27.048 26.620 26.200 n.a. -63.3
Dec 2022 n.a. 17.086 19.171 18.403 18.794 18.744 18.725 18.686 18.708 n.a. -8.6
Dec 2021 n.a. 11.979 12.355 13.671 14.295 15.179 14.819 15.177 15.243 n.a. 94.8
Dec 2020 n.a. 13.902 13.474 13.050 13.769 14.028 14.440 14.518 14.791 n.a. 102.2
Dec 2019 n.a. 15.869 15.377 14.672 14.635 14.431 14.242 14.100 14.130 n.a. -50.5
Dec 2018 n.a. 19.716 19.942 19.975 19.406 18.882 18.294 18.159 18.106 n.a. -130.0
Dec 2017 n.a. 18.797 18.974 17.650 17.540 16.095 16.100 16.130 16.180 n.a. -136.0
Dec 2016 n.a. 17.073 19.196 19.105 n.a. 16.810 16.950 17.200 17.150 n.a. n.a.

Egypt 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).

Internal Spread on Key Maturities:
If data are not all visible, swipe table left
2Y vs 1Y -234.0 bp Yield Curve is flat in Short-Term Maturities
5Y vs 2Y -27.0 bp Yield Curve is inverted in Mid-Term vs Short-Term Maturities
10Y vs 2Y 29.0 bp Yield Curve is flat in Long-Term vs Short-Term Maturities
If data are not all visible, swipe table left
Residual
Maturity
Yield Spread vs Spread vs
Central Bank
Rate (27.25%)
3 months 1 year 2 years 5 years
10 years 24.560% -269.0bp
5 years 24.000%
-325.0bp
2 years 24.270%
-298.0bp
1 year 26.610%
-64.0bp
3 months 30.680%
343.0bp

Egypt 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).

Swipe left to see all data
Rating Agency Rating Outlook Last Update Action
Standard & Poor's B- positive 25 Mar 2024 outlook upgrade
Moody's Investors Service Caa1 positive 8 Mar 2024 outlook upgrade
Fitch Ratings B+ negative 8 Nov 2022 rating upgrade
DBRS - -

Egypt 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 27.25%

Egypt 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.

If data are not all visible, swipe table left
Credit Default Swap CDS Value Var % 1W Var % 1M Var % 1Y Implied PD(*)
5 Years CDS 514.55 -5.18 % -7.26 % -59.32 % 8.58 %
(*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate.
The first official book of
Build wealth
with Lazy Portfolios and Passive Investing

Egypt 10Y Bond Yield Spread

The Egypt 10Y Government Bond has a 24.560% yield.

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
Egypt 10Y vs Current Spread Chg 1M Chg 6M Chg 12M Compare
Countries
vs Japan 10Y 2351.4 bp -136.1 bp -133.7 bp -146.0 bp
vs China 10Y 2260.0 bp -114.1 bp -89.8 bp -44.3 bp
vs Germany 10Y 2245.8 bp -104.0 bp -73.5 bp -102.3 bp
vs Spain 10Y 2180.2 bp -98.2 bp -61.8 bp -66.3 bp
vs France 10Y 2168.7 bp -107.9 bp -102.5 bp -123.7 bp
vs Canada 10Y 2158.1 bp -107.5 bp -74.3 bp -75.8 bp
vs Italy 10Y 2136.5 bp -84.8 bp -50.9 bp -32.1 bp
vs United States 10Y 2041.2 bp -114.2 bp -97.2 bp -109.5 bp
vs Australia 10Y 2031.3 bp -94.8 bp -117.5 bp -106.9 bp
vs United Kingdom 10Y 2028.3 bp -114.7 bp -128.0 bp -143.4 bp
vs India 10Y 1782.0 bp -115.7 bp -97.9 bp -65.5 bp
vs Brazil 10Y 1053.0 bp -264.4 bp -345.6 bp -430.3 bp
vs Russia 10Y 858.5 bp -129.8 bp -241.2 bp -477.6 bp

Egypt 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%
10 years 24.560% 11.12 14.74 21.98 29.22 36.45 43.69
7 years 24.390% 21.70 24.91 31.33 37.75 44.17 50.59
5 years 24.000% 34.11 36.86 42.35 47.84 53.33 58.82
3 years 24.040% 52.40 54.38 58.34 62.30 66.26 70.22
2 years 24.270% 64.75 66.21 69.11 72.02 74.92 77.82
1 year 26.610% 78.98 79.77 81.35 82.93 84.51 86.09
Maturity Date 100.00 100.00 100.00 100.00 100.00 100.00
The first official book of
Build wealth
with Lazy Portfolios and Passive Investing