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, August, 2019:
For that indicator, The Organisation for Economic Co-operation and Development (OECD) provides data for Iceland from 1993 to 2019. The average value for Iceland during that period was 7.63 percent with a minumum of 3.63 percent in August 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.
Measure: percent
Source: The Organisation for Economic Co-operation and Development (OECD)
Source: The Organisation for Economic Co-operation and Development (OECD)
Definition: Yield on a 10-year government bond is the anticipated return on such investment, expressed as an annual percentage of the original investment. The yield on a bond is based on both the purchase price of the bond and the interest promised – also known as the coupon payment.
Although a bond’s coupon rate is usually fixed, its price fluctuates continuously in response to changes in interest rates in the economy, demand for the instrument, time to maturity, and credit quality of that particular bond.
As a result, after bonds are issued, they trade at premiums or discounts to their face values until they mature and return to full face value.
10-year government bond is a debt security issued by the Central government with a residual maturity of 10 years. It is used as a benchmark and guide for interest rates on lending products.
