Panamanian Government Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-government-panama-panama
Panamanian Government Bond Yields (USD) as of 2026-07-27: 10Y at 5.92%, fitted curve 12M–40Y (4.83%–6.40%), 18 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 4.83% | — |
| 18M | 4.91% | 5.06% |
| 3Y | 5.13% | 5.36% |
| 5Y | 5.41% | 5.83% |
| 6Y | 5.54% | 6.16% |
| 8Y | 5.75% | 6.40% |
| 9Y | 5.84% | 6.57% |
| 10Y | 5.92% | 6.64% |
| 20Y | 6.28% | 6.65% |
| 25Y | 6.33% | 6.51% |
| 30Y | 6.39% | 6.68% |
| 40Y | 6.40% | 6.44% |
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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-22 |
|---|---|---|---|---|---|---|---|
| 2Y | — | — | 4.90% | 4.73% | — | 4.28% | — |
| 10Y | 5.92% | 5.62% | 5.79% | 5.61% | 6.08% | 5.58% | 5.86% |
| 10Y − 2Y | — | — | +90 bp | +87 bp | — | +130 bp | — |
Bonds in this curve
The 19 bonds behind this curve. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Panama | 4.87% | 2027-09-30 | 8.88% | US698299AD63 |
| Panama | 5.20% | 2028-03-17 | 3.88% | US698299BF03 |
| Panama | 4.43% | 2029-04-01 | 9.38% | US698299AK07 |
| Panama | 5.31% | 2030-01-23 | 3.16% | US698299BK97 |
| Panama | 5.31% | 2031-03-01 | 7.50% | US698299BX19 |
| Panama | 5.58% | 2032-09-29 | 2.25% | US698299BN37 |
| Panama | 5.65% | 2033-01-19 | 3.30% | US698299BR41 |
| Panama | 5.67% | 2034-02-23 | 5.23% | US698299CB89 |
| Panama | 5.88% | 2036-01-26 | 6.70% | US698299AW45 |
| Panama | 5.92% | 2036-01-31 | 6.88% | US698299BW36 |
| Panama | 5.96% | 2038-02-23 | 5.66% | US698299CC62 |
| Panama | 6.13% | 2038-03-01 | 8.00% | US698299BY91 |
| Panama | 6.23% | 2047-05-15 | 4.50% | US698299BG85 |
| Panama | 6.13% | 2050-04-16 | 4.50% | US698299BH68 |
| Panama | 6.30% | 2053-04-29 | 4.30% | US698299BB98 |
| Panama | 6.39% | 2056-04-01 | 4.50% | US698299BM53 |
| Panama | 6.51% | 2057-03-01 | 7.88% | US698299BZ66 |
| Panama | 6.33% | 2060-07-23 | 3.87% | US698299BL70 |
| Panama | 6.37% | 2063-01-19 | 4.50% | US698299BS24 |