Iceland: Government bond 10-year yield

(measure: percent, source: The Organisation for Economic Co-operation and Development (OECD))

* indicates monthly or quarterly data series

Government bond 10-year yield, percent in Iceland, June, 2019: For that indicator, The Organisation for Economic Co-operation and Development (OECD) provides data for Iceland from 1993 to Q2 2019. The average value for Iceland during that period was 7.65 percent with a minumum of 3.79 percent in June 2019 and a maximum of 15.01 percent in October 2008. Click on the following link to see the values of Government bond 10-year yield, percent around the world.

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Measure: percent
Source: The Organisation for Economic Co-operation and Development (OECD)

Definition: Government bond is a debt security issued by the Central government with a residual maturity of 10 years. This bond is backed by sovereign guarantee. The 10-year bond has the highest liquidity amongst similar maturity bonds. Once fixed, the coupon rate remains constant throughout the term of the bond. Only the yield changes commensurate with the interest rates and accordingly the price of the bond changes. There exists an inverse relationship between the bond yield and its price.