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Bonds · Sovereign

Guatemala government bonds

Guatemala's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.

By currency

BondsMeasured againstCountSpread10-year spreadPriced-in 5y odds1-month changeMedian yieldHeld by US funds
USD Emerging markets, US-dollar bonds vs US Treasuries29 141 bp 146 bp11.1% +23 bp6.04% $455.8M

Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.

USD spread history

Median spread vs US Treasuries, month-ends with complete filings. Fund-reported.

116 bp232 bp348 bpJan 2021Jul 20262021-01-31: 218 bp2021-02-28: 220 bp2021-03-31: 208 bp2021-04-30: 164 bp2021-05-31: 185 bp2021-06-30: 183 bp2021-07-31: 194 bp2021-08-31: 214 bp2021-09-30: 241 bp2021-10-31: 208 bp2021-11-30: 245 bp2021-12-31: 236 bp2022-01-31: 246 bp2022-02-28: 292 bp2022-03-31: 243 bp2022-04-30: 253 bp2022-05-31: 280 bp2022-06-30: 322 bp2022-07-31: 262 bp2022-08-31: 303 bp2022-09-30: 348 bp2022-10-31: 254 bp2022-11-30: 200 bp2022-12-31: 204 bp2023-01-31: 212 bp2023-02-28: 222 bp2023-03-31: 194 bp2023-04-30: 223 bp2023-05-31: 269 bp2023-06-30: 230 bp2023-07-31: 210 bp2023-08-31: 205 bp2023-09-30: 229 bp2023-10-31: 248 bp2023-11-30: 239 bp2023-12-31: 180 bp2024-01-31: 196 bp2024-02-29: 202 bp2024-03-31: 176 bp2024-04-30: 212 bp2024-05-31: 193 bp2024-06-30: 180 bp2024-07-31: 188 bp2024-08-31: 200 bp2024-09-30: 199 bp2024-10-31: 216 bp2024-11-30: 193 bp2024-12-31: 200 bp2025-01-31: 188 bp2025-02-28: 179 bp2025-03-31: 185 bp2025-04-30: 212 bp2025-05-31: 189 bp2025-06-30: 165 bp2025-07-31: 171 bp2025-08-31: 158 bp2025-09-30: 148 bp2025-10-31: 143 bp2025-11-30: 152 bp2025-12-31: 140 bp2026-01-31: 143 bp2026-02-28: 125 bp2026-03-31: 168 bp2026-04-30: 129 bp2026-05-31: 116 bp2026-06-30: 118 bp2026-07-31: 141 bp

Guatemala's USD curve

Yield to maturity of each USD bond US funds hold (29 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.

5.09%5.80%6.51%0y15y29yRepublic of Guatemala 4.375 2027-06-05: 5.28%REPUBLIC OF GUATEMALA 4.875 2028-02-13: 5.09%REPUBLIC OF GUATEMALA 4.875 2028-02-13: 5.39%REPUBLIC OF GUATEMALA 5.25 2029-08-10: 5.50%REPUBLIC OF GUATEMALA 5.25 2029-08-10: 5.60%REPUBLIC OF GUATEMALA 4.9 2030-06-01: 5.44%REPUBLIC OF GUATEMALA 6.05 2031-08-06: 5.73%Guatemala Government Bond 6.05 2031-08-06: 5.71%REPUBLIC OF GUATEMALA 5.375 2032-04-24: 5.58%REPUBLIC OF GUATEMALA 5.375 2032-04-24: 5.64%REPUBLIC OF GUATEMALA 7.05 2032-10-04: 5.81%REPUBLIC OF GUATEMALA 7.05 2032-10-04: 5.82%REPUBLIC OF GUATEMALA 3.7 2033-10-07: 5.92%REPUBLIC OF GUATEMALA 3.7 2033-10-07: 5.86%Republic of Guatemala 8.13 2034-10-06: 6.03%REPUBLIC OF GUATEMALA 6.6 2036-06-13: 6.08%REPUBLIC OF GUATEMALA 6.6 2036-06-13: 6.05%REPUBLIC OF GUATEMALA 6.25 2036-08-15: 6.07%REPUBLIC OF GUATEMALA 6.25 2036-08-15: 6.07%REPUBLIC OF GUATEMALA 6.55 2037-02-06: 6.09%Guatemala Government Bond 6.55 2037-02-06: 6.04%REPUBLIC OF GUATEMALA 6.55 2037-02-06: 6.10%REPUBLIC OF GUATEMALA 4.65 2041-10-07: 6.31%Guatemala Government Bond 4.65 2041-10-07: 6.26%REPUBLIC OF GUATEMALA 4.65 2041-10-07: 6.30%GUATEMALA, REP OF 6.125 2050-06-01: 6.47%REPUBLIC OF GUATEMALA 6.125 2050-06-01: 6.47%Guatemala Government Bond 6.875 2055-08-15: 6.51%

Who holds Guatemala's debt

Fund series holding Guatemala's government and government-related bonds in their latest quarterly report: 216 now, 225 a quarter earlier. Names as reported in the filings.

Fund seriesReportBondsFace valueValue
MFS Emerging Markets Debt Fund2026-07-31 10$139.5M$140.3M
VANGUARD EMERGING MARKETS BOND FUND2026-06-30 4$70.0M$70.3M
iShares J.P. Morgan USD Emerging Markets Bond ETF2026-07-31 2$50.6M$50.2M
Fidelity New Markets Income Fund2026-06-30 9$47.0M$48.4M
VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND2026-07-31 15$45.4M$44.6M
T. Rowe Price Emerging Markets Bond Fund2026-06-30 8$38.4M$40.7M
Invesco Emerging Markets Sovereign Debt ETF2026-07-31 3$41.4M$40.1M
PIMCO Emerging Markets Bond Fund2026-06-30 14$35.2M$36.0M
TCW METWEST TOTAL RETURN BOND FUND2026-06-30 2$31.1M$32.7M
Six Circles Credit Opportunities Fund2026-06-30 10$28.3M$29.1M
Strategic Advisers Fidelity Core Income Fund2026-05-31 9$26.5M$27.2M
VANGUARD STAR CORE-PLUS BOND FUND2026-07-31 4$22.2M$22.0M
GMO Emerging Country Debt Fund2026-05-31 3$21.4M$21.6M
TCW Emerging Markets Income Fund2026-07-31 5$20.3M$20.3M
Columbia Strategic Income Fund2026-05-31 2$19.5M$20.2M
Fidelity Series Emerging Markets Debt Fund2026-06-30 8$19.5M$20.2M
Fidelity Emerging Markets Debt Central Fund2026-06-30 6$15.8M$16.3M
Lord Abbett Short Duration Income Fund2026-05-31 1$16.0M$16.1M
Emerging Markets Core Fund2026-07-31 8$15.4M$15.7M
VANGUARD ULTRA-SHORT-TERM BOND FUND2026-07-31 1$14.1M$14.0M

ETFs holding Guatemala's bonds

From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.

ETFReportBondsValue% of net assets
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF 2026-07-312$50.2M 0.34%
VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND 2026-07-3115$44.6M 0.67%
PCY Invesco Emerging Markets Sovereign Debt ETF 2026-07-313$40.1M 2.90%
IUSB iShares Core Universal USD Bond ETF 2026-07-3113$10.4M 0.02%
VUSB VANGUARD ULTRA-SHORT BOND ETF 2026-06-301$5.3M 0.06%
VPLS VANGUARD CORE-PLUS BOND ETF 2026-06-304$5.1M 0.31%
NEAR iShares Short Duration Bond Active ETF 2026-07-311$5.0M 0.10%
JPIE JPMorgan Income ETF 2026-05-314$4.3M 0.05%
VCRB VANGUARD CORE BOND ETF 2026-06-302$4.1M 0.06%
GTO Invesco Total Return Bond ETF 2026-07-312$3.9M 0.16%
FBND Fidelity Total Bond ETF 2026-05-317$3.8M 0.01%
JPIB JPMorgan International Bond Opportunities ETF 2026-05-312$3.7M 0.18%
EMHY iShares J.P. Morgan EM High Yield Bond ETF 2026-07-312$3.5M 0.56%
JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF 2026-07-314$3.1M 0.71%
EMBX VanEck Emerging Markets Bond ETF 2026-06-303$2.7M 1.11%

Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms