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S&P Bank Spread vs Spread vs

Country 10Y Yield


Rating Rate  Bund  T-Note 
Germany AAA -0.266% 0.00% 0.0 bp -183.6 bp
Switzerland AAA -0.165% -0.75% 10.1 bp -173.5 bp
Netherlands AAA -0.140% 0.00% 12.6 bp -171.0 bp
Slovakia A+ -0.100% 0.00% 16.6 bp -167.0 bp
Austria AA+ -0.040% 0.00% 22.6 bp -161.0 bp
Finland AA+ -0.010% 0.00% 25.6 bp -158.0 bp
Denmark AAA 0.020% -0.60% 28.6 bp -155.0 bp
Belgium AA 0.058% 0.00% 32.4 bp -151.2 bp
Japan A+ 0.069% -0.10% 33.5 bp -150.1 bp
France AA 0.096% 0.00% 36.2 bp -147.4 bp
Ireland AA- 0.154% 0.00% 42.0 bp -141.6 bp
Slovenia AA- 0.166% 0.00% 43.2 bp -140.4 bp
Sweden AAA 0.280% 0.00% 54.6 bp -129.0 bp
Portugal BBB 0.375% 0.00% 64.1 bp -119.5 bp
Croatia BBB- 0.436% 2.50% 70.2 bp -113.4 bp
Spain A 0.449% 0.00% 71.5 bp -112.1 bp
Lithuania A+ 0.480% 0.00% 74.6 bp -109.0 bp
Cyprus BBB- 0.498% 0.00% 76.4 bp -107.2 bp
Taiwan AA 0.545% 1.13% 81.1 bp -102.5 bp
Latvia A+ 0.550% 0.00% 81.6 bp -102.0 bp
Bulgaria BBB 0.550% 0.00% 81.6 bp -102.0 bp
Malta A- 0.657% 0.00% 92.3 bp -91.3 bp
United Kingdom AA 0.922% 0.10% 118.8 bp -64.8 bp
Italy BBB 0.953% 0.00% 121.9 bp -61.7 bp
Greece BB 1.211% 0.00% 147.7 bp -35.9 bp
Israel AA- 1.255% 0.10% 152.1 bp -31.5 bp
Hong Kong AA+ 1.421% 0.86% 168.7 bp -14.9 bp
United States AA+ 1.570% 0.25% 183.6 bp 0.0 bp
Norway AAA 1.620% 0.25% 188.6 bp 5.0 bp
Canada AAA 1.679% 0.25% 194.5 bp 10.9 bp
Singapore AAA 1.781% 0.07% 204.7 bp 21.1 bp
Australia AAA 1.796% 0.10% 206.2 bp 22.6 bp
Thailand BBB+ 1.929% 0.50% 219.5 bp 35.9 bp
Vietnam BB 1.980% 4.00% 224.6 bp 41.0 bp
Morocco BB+ 2.197% 1.50% 246.3 bp 62.7 bp
Qatar AA- 2.247% 2.50% 251.3 bp 67.7 bp
South Korea AA 2.350% 0.75% 261.6 bp 78.0 bp
New Zealand AA+ 2.626% 0.50% 289.2 bp 105.6 bp
Czech Republic AA- 2.770% 1.50% 303.6 bp 120.0 bp
Poland A- 2.838% 0.50% 310.4 bp 126.8 bp
China A+ 2.954% 3.85% 322.0 bp 138.4 bp
Serbia BB+ 3.430% 1.00% 369.6 bp 186.0 bp
Malaysia A- 3.590% 1.75% 385.6 bp 202.0 bp
Hungary BBB 3.845% 1.80% 411.1 bp 227.5 bp
Mauritius 3.973% 1.85% 423.9 bp 240.3 bp
Iceland A 4.014% 1.50% 428.0 bp 244.4 bp
Jordan B+ 4.802% 2.50% 506.8 bp 323.2 bp
Romania BBB- 5.190% 1.50% 545.6 bp 362.0 bp
Philippines BBB+ 5.315% 2.00% 558.1 bp 374.5 bp
Bahrain (*) B+ 5.360% 1.00% 562.6 bp 379.0 bp
S&P Bank Spread vs Spread vs
Country 10Y Yield
Rating Rate  Bund  T-Note 
Chile A 5.800% 2.75% 606.6 bp 423.0 bp
Perù BBB+ 5.828% 1.50% 609.4 bp 425.8 bp
Indonesia BBB 6.256% 3.50% 652.2 bp 468.6 bp
India BBB- 6.368% 4.00% 663.4 bp 479.8 bp
Botswana (*) BBB+ 6.822% 3.75% 708.8 bp 525.2 bp
Bangladesh BB- 6.865% 4.75% 713.1 bp 529.5 bp
Mexico BBB 7.540% 5.00% 780.6 bp 597.0 bp
Colombia BB+ 7.939% 2.00% 820.5 bp 636.9 bp
Russia BBB- 8.070% 7.50% 833.6 bp 650.0 bp
South Africa BB- 9.395% 3.50% 966.1 bp 782.5 bp
Pakistan B- 10.854% 7.25% 1112.0 bp 928.4 bp
Brazil BB- 11.532% 7.75% 1179.8 bp 996.2 bp
Namibia 11.602% 3.75% 1186.8 bp 1003.2 bp
Nigeria B- 11.918% 11.50% 1218.4 bp 1034.8 bp
Sri Lanka CCC+ 12.337% 5.00% 1260.3 bp 1076.7 bp
Kenya B 12.891% 7.00% 1315.7 bp 1132.1 bp
Ukraine (*) B 14.335% 8.50% 1460.1 bp 1276.5 bp
Egypt B 15.245% 8.25% 1551.1 bp 1367.5 bp
Uganda B 15.290% 6.50% 1555.6 bp 1372.0 bp
Turkey B+ 19.630% 16.00% 1989.6 bp 1806.0 bp
Zambia SD 25.000% 8.50% 2526.6 bp 2343.0 bp
Venezuela (*) N/A 46.582% 54.06% 4684.8 bp 4501.2 bp
Argentina (*) CCC+ 49.952% 38.00% 5021.8 bp 4838.2 bp

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