Senior Trader Bonds salary in Algeria

Average Yearly Salary of Senior Trader Bonds in Algeria is approximately 5,335,361 DZD (30,907 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Senior Trader Bonds do?

A senior trader in bonds is a financial professional who specializes in buying and selling bonds on behalf of clients or their firm. They are responsible for analyzing market trends, assessing risk, and executing trades to generate profits. Senior traders in bonds typically work for investment banks, hedge funds, or other financial institutions. Their main duties include researching and monitoring bond markets, developing trading strategies, executing trades, managing client portfolios, and providing market insights to clients. They need to have a deep understanding of fixed income securities, interest rates, credit ratings, and macroeconomic factors that impact bond prices.

Skills: senior trader, bonds, fixed income securities, financial markets, portfolio management, risk assessment
Job industry: Finance

How much does Senior Trader Bonds make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Senior Trader Bonds a well paid job?

Yes, our data show that Senior Trader Bonds is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Senior Trader Bonds?

High salary for Senior Trader Bonds would be somewhere between 5,868,897 DZD and 7,736,273 DZD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Trader Bonds in Algeria?

Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 5,335,361 DZD
Estimated Monthly Salary: 444,613 DZD
Estimated Weekly Salary: 102,603 DZD per week
Estimated Hourly Salary: 2,565 DZD per hour
By working as Senior Trader Bonds a person can save up to 2,016 USD per month or 24,187 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Algeria, see costs of living in Algeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Senior Trader Bonds

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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