Australian A–BBB Non-Callable Corporate Bond Yields (AUD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/aud-corporate-a-bbb-non-callable
Australian A–BBB Non-Callable Corporate Bond Yields (AUD) as of 2026-09-11: 10Y at 6.79%, fitted curve 1M–20Y (5.60%–7.27%), 120 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.60% | — |
| 3M | 5.62% | 5.63% |
| 6M | 5.65% | 5.85% |
| 9M | 5.69% | 5.88% |
| 12M | 5.73% | 5.88% |
| 18M | 5.80% | 6.03% |
| 2Y | 5.87% | 6.18% |
| 3Y | 6.01% | 6.41% |
| 4Y | 6.14% | 6.70% |
| 5Y | 6.27% | 6.99% |
| 6Y | 6.39% | 7.26% |
| 7Y | 6.50% | 7.50% |
| 8Y | 6.61% | 7.73% |
| 9Y | 6.70% | 7.92% |
| 10Y | 6.79% | 8.09% |
| 15Y | 7.11% | 8.42% |
| 20Y | 7.27% | 8.60% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.87% and the 10-year 6.79%, a 10Y−2Y spread of +92 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.87% | 5.38% | 5.31% | 5.46% | 5.65% | 5.68% | 5.42% |
| 10Y | 6.79% | 6.38% | 6.22% | 6.37% | 6.43% | 6.41% | 6.21% |
| 10Y − 2Y | +92 bp | +100 bp | +91 bp | +91 bp | +77 bp | +73 bp | +79 bp |
Bonds in this curve
A selection of 30 of the 132 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Qantas Airways LTD | 5.30% | 2026-10-12 | 4.75% | AU3CB0240109 |
| Nextera Energy Capital Holdings INC | 5.68% | 2026-12-02 | 2.20% | AU3CB0268829 |
| Mercedes-Benz | 5.72% | 2027-01-18 | 4.75% | XS2750326899 |
| Ausgrid Finance PTY LTD | 6.21% | 2027-02-05 | 1.81% | AU3CB0273563 |
| Volkswagen Group | 5.79% | 2027-02-09 | 5.30% | AU3CB0306470 |
| Banco Santander SA | 5.77% | 2027-07-19 | 4.80% | XS1649193072 |
| Ausnet Services Holdings PTY LTD | 5.73% | 2027-08-16 | 4.40% | AU3CB0242527 |
| Verizon Communications | 5.67% | 2027-08-17 | 4.50% | AU3CB0246239 |
| Macquarie Group LTD | 5.93% | 2027-12-15 | 4.15% | AU3CB0249357 |
| Vodafone Group PLC | 5.96% | 2027-12-13 | 4.20% | AU3CB0249373 |
| Barclays Bank PLC | 5.94% | 2028-06-15 | 5.24% | AU3CB0253789 |
| Volkswagen Group | 6.08% | 2028-06-14 | 5.55% | AU3CB0310308 |
| Lloyds Banking Group PLC | 5.81% | 2029-03-17 | 5.80% | AU3CB0297802 |
| AIR NEW Zealand LTD | 6.36% | 2029-05-25 | 6.50% | AU3CB0289213 |
| Transurban Queensland Finance PTY LTD | 6.13% | 2030-05-02 | 6.35% | AU3CB0303964 |
| Verizon Communications | 5.96% | 2030-05-06 | 2.65% | AU3CB0268159 |
| Mercury NZ LTD | 6.17% | 2031-03-21 | 5.25% | AU3CB0319382 |
| Verizon Communications | 6.13% | 2031-03-23 | 3.00% | AU3CB0278877 |
| Sydney Airport Finance Company PTY Limited | 6.39% | 2032-04-23 | 5.50% | AU3CB0321008 |
| Telefonica Emisiones SAU | 6.57% | 2032-06-30 | 5.96% | AU3CB0336857 |
| Vonovia SE | 6.68% | 2033-05-20 | 6.38% | AU3CB0335123 |
| Ausnet Services Holdings PTY LTD | 6.38% | 2033-05-31 | 6.13% | AU3CB0299816 |
| Sydney Airport Finance Company PTY Limited | 6.48% | 2034-04-19 | 5.90% | AU3CB0308864 |
| BP PLC | 6.27% | 2034-08-28 | 5.44% | AU3CB0312809 |
| Dyno Nobel LTD | 6.83% | 2035-08-08 | 5.82% | AU3CB0324390 |
| Electricite de France SA | 6.59% | 2035-08-28 | 5.64% | AU3CB0325306 |
| Mirvac Group Finance Limited | 6.71% | 2036-03-18 | 5.90% | AU3CB0332237 |
| APA Infrastructure LTD | 6.79% | 2036-04-28 | 6.42% | AU3CB0334217 |
| Verizon Communications | 6.97% | 2039-11-04 | 3.50% | AU3CB0268167 |
| Electricite de France SA | 7.30% | 2045-08-28 | 6.63% | AU3CB0325314 |