Australian A–BBB Non-Callable Banks Corporate Bond Yields (AUD)
Fitted spot curve as of 2026-09-18
https://bondscovery.com/yield-curve/aud-corporate-a-bbb-banks-non-callable
Australian A–BBB Non-Callable Banks Corporate Bond Yields (AUD) as of 2026-09-18: 10Y at 6.34%, fitted curve 6M–15Y (5.78%–6.34%), 33 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 5.78% | — |
| 9M | 5.78% | 5.88% |
| 12M | 5.79% | 5.88% |
| 18M | 5.80% | 5.93% |
| 2Y | 5.83% | 6.01% |
| 3Y | 5.92% | 6.22% |
| 4Y | 6.06% | 6.64% |
| 5Y | 6.20% | 6.94% |
| 6Y | 6.28% | 6.91% |
| 9Y | 6.34% | 6.60% |
| 10Y | 6.34% | 6.41% |
| 15Y | 6.19% | 5.78% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.83% and the 10-year 6.34%, a 10Y−2Y spread of +51 bp — positively sloped — as of 2026-09-18. 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 | Latest2026-09-18 | 1m ago2026-08-19 | 2m ago2026-07-20 | 3m ago2026-06-19 | 4m ago2026-05-21 | 5m ago2026-04-20 | 6m ago2026-03-23 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.83% | 5.44% | 5.32% | 5.27% | 5.64% | 5.60% | 5.70% |
| 10Y | 6.34% | 6.08% | 6.08% | 6.12% | 6.30% | 6.13% | 6.44% |
| 10Y − 2Y | +51 bp | +64 bp | +76 bp | +85 bp | +66 bp | +53 bp | +74 bp |
Bonds in this curve
A selection of 30 of the 39 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Wells Fargo & Company | 5.63% | 2027-04-27 | 4.00% | XS1602313279 |
| Credit Agricole | 5.83% | 2027-07-06 | 4.40% | XS1641479750 |
| Banco Santander SA | 5.76% | 2027-07-19 | 4.80% | XS1649193072 |
| Emirates NBD Bank Pjsc | 5.98% | 2027-10-12 | 4.85% | AU3CB0247740 |
| Adcb Finance Cayman LTD | 6.19% | 2027-10-25 | 4.50% | AU3CB0248169 |
| Lloyds Banking Group PLC | 5.71% | 2027-11-22 | 4.25% | AU3CB0248862 |
| Macquarie Group LTD | 5.90% | 2027-12-15 | 4.15% | AU3CB0249357 |
| Emirates NBD Bank Pjsc | 6.02% | 2028-02-09 | 4.75% | AU3CB0250512 |
| UBS Group AG | 5.41% | 2028-05-12 | 5.00% | AU3CB0299378 |
| Lloyds Banking Group PLC | 5.83% | 2028-05-23 | 4.75% | AU3CB0253227 |
| Credit Agricole | 5.71% | 2028-06-01 | 5.36% | AU3CB0299675 |
| Barclays Bank PLC | 5.91% | 2028-06-15 | 5.24% | AU3CB0253789 |
| Bank of America Corporation | 5.55% | 2028-10-30 | 5.82% | AU3CB0303758 |
| UBS Group AG | 5.57% | 2028-11-24 | 5.81% | AU3CB0304798 |
| Credit Agricole | 5.89% | 2029-01-18 | 5.41% | AU3CB0306017 |
| Banco Santander SA | 5.93% | 2029-01-23 | 5.80% | AU3CB0306132 |
| ING Group | 6.62% | 2029-06-05 | 5.00% | XS1917902196 |
| Natwest Group PLC | 5.83% | 2029-06-12 | 5.03% | AU3CB0329217 |
| Barclays Bank PLC | 5.90% | 2029-06-26 | 4.00% | AU3CB0264521 |
| Bpce SA | 6.04% | 2029-10-23 | 5.08% | AU3CB0314672 |
| Credit Agricole | 5.90% | 2030-08-26 | 4.57% | AU3CB0325132 |
| Banque Federative du Credit Mutuel | 6.19% | 2031-01-06 | 4.99% | AU3CB0323053 |
| Banco Santander SA | 6.25% | 2031-01-23 | 6.50% | AU3CB0306140 |
| UBS Group AG | 5.79% | 2031-04-14 | 5.52% | AU3CB0333680 |
| Caixabank SA | 6.02% | 2031-05-26 | 5.80% | AU3CB0334902 |
| Commerzbank AG | 6.03% | 2031-06-12 | 5.69% | AU3CB0335834 |
| Emirates NBD Bank Pjsc | 6.46% | 2033-02-21 | 6.10% | AU3CB0297018 |
| Emirates NBD Bank Pjsc | 6.49% | 2035-06-18 | 5.91% | AU3CB0322915 |
| Barclays Bank PLC | 6.53% | 2036-06-18 | 6.05% | AU3CB0322626 |
| Wells Fargo & Company | 6.24% | 2041-04-09 | 5.75% | XS3334285809 |