Panamanian Government Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-government-panama-panama
Panamanian Government Bond Yields (USD) as of 2026-09-10: 10Y at 6.09%, fitted curve 12M–40Y (5.12%–6.57%), 21 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 5.12% | — |
| 18M | 5.19% | 5.40% |
| 3Y | 5.39% | 5.68% |
| 4Y | 5.51% | 6.02% |
| 6Y | 5.74% | 6.39% |
| 7Y | 5.84% | 6.71% |
| 8Y | 5.94% | 6.89% |
| 9Y | 6.02% | 7.04% |
| 10Y | 6.09% | 7.16% |
| 20Y | 6.48% | 7.37% |
| 25Y | 6.53% | 7.23% |
| 30Y | 6.56% | 7.06% |
| 40Y | 6.57% | 6.88% |
2Y, 10Y and the 10Y−2Y spread over time
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | — | — | — | 4.89% | 4.74% | — | 5.23% |
| 10Y | 6.09% | 5.97% | 5.82% | 5.74% | 5.65% | 5.93% | 5.77% |
| 10Y − 2Y | — | — | — | +85 bp | +91 bp | — | +55 bp |
Bonds in this curve
The 21 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Panama | 5.07% | 2027-09-30 | 8.88% | US698299AD63 |
| Panama | 5.20% | 2028-03-17 | 3.88% | US698299BF03 |
| Panama | 5.53% | 2029-04-01 | 9.38% | US698299AK07 |
| Panama | 5.42% | 2030-01-23 | 3.16% | US698299BK97 |
| Panama | 5.39% | 2031-03-01 | 7.50% | US698299BX19 |
| Panama | 5.72% | 2032-09-29 | 2.25% | US698299BN37 |
| Panama | 5.78% | 2033-01-19 | 3.30% | US698299BR41 |
| Panama | 5.94% | 2034-02-23 | 5.23% | US698299CB89 |
| Panama | 5.97% | 2035-02-14 | 6.40% | US698299BT07 |
| Panama | 6.11% | 2036-01-26 | 6.70% | US698299AW45 |
| Panama | 6.05% | 2036-01-31 | 6.88% | US698299BW36 |
| Panama | 6.10% | 2038-02-23 | 5.66% | US698299CC62 |
| Panama | 6.27% | 2038-03-01 | 8.00% | US698299BY91 |
| Panama | 6.40% | 2047-05-15 | 4.50% | US698299BG85 |
| Panama | 6.58% | 2050-04-16 | 4.50% | US698299BH68 |
| Panama | 6.60% | 2053-04-29 | 4.30% | US698299BB98 |
| Panama | 6.72% | 2054-03-28 | 6.85% | US698299BV52 |
| Panama | 6.58% | 2056-04-01 | 4.50% | US698299BM53 |
| Panama | 6.68% | 2057-03-01 | 7.88% | US698299BZ66 |
| Panama | 6.51% | 2060-07-23 | 3.87% | US698299BL70 |
| Panama | 6.52% | 2063-01-19 | 4.50% | US698299BS24 |