Australian A–BBB Banks Corporate Bond Yields (AUD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/aud-corporate-a-bbb-banks
Australian A–BBB Banks Corporate Bond Yields (AUD) as of 2026-07-27: 10Y at 6.10%, fitted curve 3M–15Y (4.94%–6.18%), 38 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.94% | — |
| 9M | 5.17% | 5.29% |
| 12M | 5.23% | 5.41% |
| 18M | 5.32% | 5.50% |
| 2Y | 5.40% | 5.64% |
| 3Y | 5.55% | 5.84% |
| 4Y | 5.68% | 6.06% |
| 5Y | 5.79% | 6.23% |
| 6Y | 5.88% | 6.34% |
| 8Y | 6.01% | 6.42% |
| 9Y | 6.06% | 6.44% |
| 10Y | 6.10% | 6.43% |
| 15Y | 6.18% | 6.36% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.40% and the 10-year 6.10%, a 10Y−2Y spread of +70 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 |
|---|---|---|---|---|---|---|
| 2Y | 5.40% | 5.24% | 5.49% | 5.65% | 5.64% | 5.16% |
| 10Y | 6.10% | 6.03% | 6.32% | 6.12% | 6.29% | 5.95% |
| 10Y − 2Y | +70 bp | +79 bp | +83 bp | +47 bp | +66 bp | +80 bp |
Bonds in this curve
A selection of 30 of the 45 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bank of America Corporation | 4.94% | 2026-10-30 | 5.50% | AU3CB0303741 |
| Wells Fargo & Company | 5.16% | 2027-04-27 | 4.00% | XS1602313279 |
| Banco Santander SA | 5.51% | 2027-07-19 | 4.80% | XS1649193072 |
| Adcb Finance Cayman LTD | 5.22% | 2027-10-25 | 4.50% | AU3CB0248169 |
| Lloyds Banking Group PLC | 5.44% | 2027-11-22 | 4.25% | AU3CB0248862 |
| Macquarie Group LTD | 4.88% | 2027-12-15 | 4.15% | AU3CB0249357 |
| UBS Group AG | 5.23% | 2028-05-12 | 5.00% | AU3CB0299378 |
| Lloyds Banking Group PLC | 5.50% | 2028-05-23 | 4.75% | AU3CB0253227 |
| Barclays Bank PLC | 5.57% | 2028-06-15 | 5.24% | AU3CB0253789 |
| Bank of America Corporation | 5.26% | 2028-10-30 | 5.82% | AU3CB0303758 |
| Lloyds Banking Group PLC | 5.60% | 2029-03-17 | 5.80% | AU3CB0297802 |
| ING Group | 6.29% | 2029-06-05 | 5.00% | XS1917902196 |
| Natwest Group PLC | 5.50% | 2029-06-12 | 5.03% | AU3CB0329217 |
| Barclays Bank PLC | 5.57% | 2029-06-26 | 4.00% | AU3CB0264521 |
| Banque Federative du Credit Mutuel | 5.72% | 2031-01-06 | 4.99% | AU3CB0323053 |
| Banco Santander SA | 5.86% | 2031-01-23 | 6.50% | AU3CB0306140 |
| UBS Group AG | 5.44% | 2031-04-14 | 5.52% | AU3CB0333680 |
| Lloyds Banking Group PLC | 5.64% | 2031-05-28 | 5.19% | AU3CB0322063 |
| Caixabank SA | 5.69% | 2031-05-26 | 5.80% | AU3CB0334902 |
| Barclays Bank PLC | 5.61% | 2032-05-20 | 3.38% | AU3CB0280295 |
| Hsbc Holdings PLC | 5.84% | 2032-05-26 | 6.00% | AU3CB0335248 |
| Macquarie Bank LTD | 6.03% | 2032-06-07 | 6.08% | AU3CB0290039 |
| Hsbc Holdings PLC | 6.11% | 2034-03-21 | 6.21% | AU3CB0307890 |
| Banco Santander SA | 6.23% | 2034-07-17 | 6.44% | AU3CB0311298 |
| Banco Santander SA | 5.96% | 2035-03-06 | 5.80% | AU3CB0319184 |
| Hsbc Holdings PLC | 5.88% | 2035-03-12 | 5.72% | AU3CB0319473 |
| Barclays Bank PLC | 6.33% | 2036-06-18 | 6.05% | AU3CB0322626 |
| Hsbc Holdings PLC | 6.11% | 2036-08-28 | 5.64% | AU3CB0325298 |
| Hsbc Holdings PLC | 6.45% | 2037-05-26 | 6.60% | AU3CB0335255 |
| Wells Fargo & Company | 6.07% | 2041-04-09 | 5.75% | XS3334285809 |