Australian A–BBB Corporate Bond Yields (AUD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/aud-corporate-a-bbb
Australian A–BBB Corporate Bond Yields (AUD) as of 2026-07-27: 10Y at 6.34%, fitted curve 1M–30Y (5.29%–6.54%), 146 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.29% | — |
| 3M | 5.30% | 5.31% |
| 6M | 5.32% | 5.34% |
| 9M | 5.34% | 5.39% |
| 12M | 5.37% | 5.43% |
| 18M | 5.41% | 5.51% |
| 2Y | 5.47% | 5.62% |
| 3Y | 5.58% | 5.81% |
| 4Y | 5.71% | 6.09% |
| 5Y | 5.84% | 6.37% |
| 6Y | 5.97% | 6.61% |
| 7Y | 6.09% | 6.80% |
| 8Y | 6.19% | 6.91% |
| 9Y | 6.27% | 6.96% |
| 10Y | 6.34% | 6.96% |
| 15Y | 6.50% | 6.83% |
| 20Y | 6.54% | 6.64% |
| 30Y | 6.54% | 6.56% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.47% and the 10-year 6.34%, a 10Y−2Y spread of +88 bp — positively sloped — as of 2026-07-27. The chart and table below track how they have moved.
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 ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.47% | 5.28% | 5.54% | 5.62% | 5.66% | 5.08% | 4.92% |
| 10Y | 6.34% | 6.13% | 6.38% | 6.36% | 6.42% | 5.88% | 5.99% |
| 10Y − 2Y | +88 bp | +86 bp | +83 bp | +74 bp | +75 bp | +80 bp | +107 bp |
Bonds in this curve
A selection of 30 of the 161 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Toyota Motor Corporation | 6.67% | 2026-09-15 | 5.00% | AU3CB0302594 |
| Volkswagen Group | 7.62% | 2026-09-15 | 5.35% | AU3CB0302719 |
| Bank of America Corporation | 4.94% | 2026-10-30 | 5.50% | AU3CB0303741 |
| Nextera Energy Capital Holdings INC | 5.33% | 2026-12-02 | 2.20% | AU3CB0268829 |
| Mercedes-Benz | 5.55% | 2027-01-18 | 4.75% | XS2750326899 |
| Ausgrid Finance PTY LTD | 5.84% | 2027-02-05 | 1.81% | AU3CB0273563 |
| Telstra Group Limited | 5.04% | 2027-04-19 | 4.00% | AU3CB0243764 |
| Wells Fargo & Company | 5.16% | 2027-04-27 | 4.00% | XS1602313279 |
| Banco Santander SA | 5.51% | 2027-07-19 | 4.80% | XS1649193072 |
| Ausnet Services Holdings PTY LTD | 5.44% | 2027-08-16 | 4.40% | AU3CB0242527 |
| Origin Energy Finance Limited | 5.81% | 2027-11-11 | 2.65% | AU3CB0267847 |
| Woolworths Group Limited | 5.32% | 2027-11-15 | 1.85% | AU3CB0283406 |
| UBS Group AG | 5.23% | 2028-05-12 | 5.00% | AU3CB0299378 |
| Lloyds Banking Group PLC | 5.50% | 2028-05-23 | 4.75% | AU3CB0253227 |
| Lloyds Banking Group PLC | 5.60% | 2029-03-17 | 5.80% | AU3CB0297802 |
| CLP Power Hong Kong Financing Limited | 5.63% | 2029-11-24 | 3.92% | XS1721157995 |
| Transurban Queensland Finance PTY LTD | 5.74% | 2030-05-02 | 6.35% | AU3CB0303964 |
| Verizon Communications | 5.58% | 2030-05-06 | 2.65% | AU3CB0268159 |
| Aroundtown SA | 6.66% | 2031-02-06 | 6.00% | AU3CB0330983 |
| Mercury NZ LTD | 5.82% | 2031-03-21 | 5.25% | AU3CB0319382 |
| Dexus Finance PTY Limited | 5.94% | 2032-02-03 | 3.00% | AU3CB0270197 |
| Sydney Airport Finance Company PTY Limited | 5.97% | 2032-04-23 | 5.50% | AU3CB0321008 |
| Vonovia SE | 6.30% | 2033-05-20 | 6.38% | AU3CB0335123 |
| Ausnet Services Holdings PTY LTD | 5.95% | 2033-05-31 | 6.13% | AU3CB0299816 |
| Telstra Group Limited | 5.72% | 2034-03-06 | 5.65% | AU3CB0307387 |
| Banco Santander SA | 5.96% | 2035-03-06 | 5.80% | AU3CB0319184 |
| CLP Power Hong Kong Financing Limited | 6.10% | 2036-05-25 | 2.99% | XS2345061373 |
| QBE Insurance Group Limited | 6.34% | 2039-09-12 | 6.30% | AU3CB0313229 |
| Electricite de France SA | 6.79% | 2045-08-28 | 6.63% | AU3CB0325314 |
| Aurizon Holdings LTD | 6.34% | 2055-05-16 | 6.30% | AU3CB0321743 |