The Russia 10-Year Government Bond currently offers a yield of 16.294%. 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 Russia 10-Year and 2-Year government bonds is -311.7 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 inverted in Long-Term vs Short-Term Maturities.
Russia Central Bank Rate stands at 19.00%, following the most recent adjustment in September 2024.
According to Standard & Poor's agency, the Russia credit rating is NR.
The current quotation for Russia 5-Years Credit Default Swap is 13,775.17 basis points. Correspondingly, the implied probability of default is 100.00%.
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Russia Yield Curve
| Residual Maturity |
Yield | Zero Coupon Price | Last Change |
||||||
|---|---|---|---|---|---|---|---|---|---|
| Last | Chg 1M | Chg 6M | Last | Chg 1M | Chg 6M | ||||
| 1 month | 18.722% | +42.0 bp | n.a. | 21 Oct | |||||
| 2 months | 18.816% | +45.5 bp | n.a. | 21 Oct | |||||
| 3 months | 18.906% | +49.0 bp | n.a. | 21 Oct | |||||
| 6 months | 19.120% | +58.1 bp | n.a. | 21 Oct | |||||
| 1 year | 19.377% | +72.9 bp | +369.7 bp | 83.77 | -0.61 % | -3.10 % | 21 Oct | ||
| 2 years | 19.411% | +89.8 bp | +428.1 bp | 70.13 | -1.50 % | -7.04 % | 21 Oct | ||
| 3 years | 19.082% | +93.1 bp | +473.2 bp | 59.22 | -2.33 % | -11.45 % | 21 Oct | ||
| 5 years | 18.113% | +80.8 bp | +457.3 bp | 43.50 | -3.38 % | -17.92 % | 21 Oct | ||
| 7 years | 17.228% | +63.2 bp | +379.8 bp | 32.87 | -3.72 % | -20.58 % | 21 Oct | ||
| 10 years | 16.294% | +42.7 bp | +233.4 bp | 22.10 | -3.62 % | -18.36 % | 21 Oct | ||
| 15 years | 15.433% | +23.9 bp | +200.3 bp | 11.62 | -3.01 % | -23.05 % | 21 Oct | ||
| 20 years | 14.984% | +14.3 bp | +116.4 bp | 6.13 | -2.39 % | -18.38 % | 21 Oct | ||
| Last Update: 21 Oct 2024 20:23 GMT+0 | |||||||||
Russia 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).
| 2Y vs 1Y | 3.4 bp | Yield Curve is flat in Short-Term Maturities | ||
| 5Y vs 2Y | -129.8 bp | Yield Curve is inverted in Mid-Term vs Short-Term Maturities | ||
| 10Y vs 2Y | -311.7 bp | Yield Curve is inverted in Long-Term vs Short-Term Maturities |
| Residual Maturity |
Yield | Spread vs Other Maturity | Spread vs Central Bank Rate (19.00%) |
||||
|---|---|---|---|---|---|---|---|
| 3 months | 1 year | 2 years | 5 years | ||||
| 10 years | 16.294% | -270.6 bp | |||||
| 5 years | 18.113% | -88.7 bp | |||||
| 2 years | 19.411% | 41.1 bp | |||||
| 1 year | 19.377% | 37.7 bp | |||||
| 3 months | 18.906% | -9.4 bp | |||||
Russia 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).
| Rating Agency | Rating | Outlook | Last Update | Action |
|---|---|---|---|---|
| Standard & Poor's | NR | - | 11 Apr 2022 | rating downgrade |
| Moody's Investors Service | NR | - | 19 Apr 2022 | rating downgrade |
| Fitch Ratings | NR | - | 19 Apr 2022 | rating downgrade |
| DBRS | - | - |
Russia 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 | 19.00% |
Russia 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 | 13,775.17 | 0.00 % | 0.00 % | 0.00 % | 100.00 % | |
| (*) Implied probability of default, calculated on the hypothesis of a 40% recovery rate. |
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Russia 10Y Bond Yield Spread
The Russia 10Y Government Bond has a 16.294% yield.
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.
| Russia 10Y vs | Current Spread | Chg 1M | Chg 6M | Compare Countries |
|
|---|---|---|---|---|---|
| vs Japan 10Y | 1533.4 bp | +31.4 bp | +221.7 bp | ||
| vs China 10Y | 1417.0 bp | +35.4 bp | +247.6 bp | ||
| vs Germany 10Y | 1401.6 bp | +34.3 bp | +255.9 bp | ||
| vs Spain 10Y | 1326.8 bp | +43.9 bp | +262.5 bp | ||
| vs France 10Y | 1326.6 bp | +36.3 bp | +232.5 bp | ||
| vs Canada 10Y | 1303.8 bp | +12.4 bp | +285.1 bp | ||
| vs Italy 10Y | 1277.4 bp | +44.4 bp | +272.3 bp | ||
| vs United Kingdom 10Y | 1215.4 bp | +18.2 bp | +242.5 bp | ||
| vs United States 10Y | 1210.0 bp | -2.6 bp | +277.2 bp | ||
| vs Australia 10Y | 1191.9 bp | +4.7 bp | +230.5 bp | ||
| vs India 10Y | 934.4 bp | +35.4 bp | +260.9 bp | ||
| vs Brazil 10Y | 353.3 bp | +1.1 bp | +98.1 bp |
Russia Government Bonds Prices
Price Simulation: bonds with a face value of 100, with different coupon rates.
Click on for a forecast of the yield.
| Residual Maturity |
Yield | Bond Price - with different Coupon Rates | Fx | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 0% | 1% | 3% | 5% | 7% | 9% | ||||
| 20 years | 14.984% | 6.13 | 12.39 | 24.92 | 37.45 | 49.98 | 62.51 | ||
| 15 years | 15.433% | 11.62 | 17.34 | 28.80 | 40.25 | 51.70 | 63.16 | ||
| 10 years | 16.294% | 22.10 | 26.88 | 36.44 | 46.01 | 55.57 | 65.13 | ||
| 7 years | 17.228% | 32.87 | 36.77 | 44.56 | 52.35 | 60.15 | 67.94 | ||
| 5 years | 18.113% | 43.50 | 46.62 | 52.86 | 59.10 | 65.34 | 71.57 | ||
| 3 years | 19.082% | 59.22 | 61.36 | 65.63 | 69.90 | 74.18 | 78.45 | ||
| 2 years | 19.411% | 70.13 | 71.67 | 74.75 | 77.82 | 80.90 | 83.98 | ||
| 1 year | 19.377% | 83.77 | 84.61 | 86.28 | 87.96 | 89.63 | 91.31 | ||
| Maturity Date | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||
World Government Bonds
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