Australia Investment Grade Corporate Bond Yields (AUD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/aud-corporate-australia
Australia Investment Grade Corporate Bond Yields (AUD) as of 2026-10-26: 10Y at 6.55%, fitted curve 3M–10Y (5.43%–6.55%), 59 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 5.43% | — |
| 6M | 5.45% | 5.62% |
| 9M | 5.47% | 5.61% |
| 12M | 5.49% | 5.61% |
| 2Y | 5.60% | 5.80% |
| 3Y | 5.74% | 6.14% |
| 4Y | 5.90% | 6.57% |
| 5Y | 6.07% | 6.99% |
| 6Y | 6.23% | 7.29% |
| 7Y | 6.35% | 7.42% |
| 8Y | 6.44% | 7.42% |
| 9Y | 6.50% | 7.33% |
| 10Y | 6.55% | 7.20% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.60% and the 10-year 6.55%, a 10Y−2Y spread of +95 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.60% | 5.67% | 5.54% | 5.52% | 5.32% | 5.54% | 5.67% |
| 10Y | 6.55% | 6.65% | 6.26% | 6.20% | 6.00% | 6.14% | 6.32% |
| 10Y − 2Y | +95 bp | +98 bp | +72 bp | +68 bp | +68 bp | +61 bp | +65 bp |
Yields by rating group
The same curve split by credit quality: 69 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.47%, A+ to BBB- 6.04%.
Bonds in this curve
A selection of 30 of the 69 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Ausgrid Finance PTY LTD | 5.45% | 2027-02-05 | 1.81% | AU3CB0273563 |
| NAB | 5.25% | 2027-02-25 | 2.90% | AU3CB0286763 |
| Telstra | 5.24% | 2027-04-19 | 4.00% | AU3CB0243764 |
| Pacific National | 6.16% | 2027-05-12 | 5.40% | AU3CB0244325 |
| Norfina | 5.33% | 2027-05-24 | 5.45% | AU3CB0304632 |
| Ausnet | 5.61% | 2027-08-16 | 4.40% | AU3CB0242527 |
| Origin Energy Finance Limited | 5.70% | 2027-11-11 | 2.65% | AU3CB0267847 |
| Woolworths | 5.59% | 2027-11-15 | 1.85% | AU3CB0283406 |
| Macquarie Group | 5.45% | 2027-12-15 | 4.15% | AU3CB0249357 |
| Qantas | 5.54% | 2028-09-27 | 3.15% | AU3CB0283182 |
| NAB | 5.47% | 2028-11-16 | 5.40% | AU3CB0304434 |
| Westpac | 5.34% | 2029-03-05 | 4.86% | AU3CB0332062 |
| Westpac | 5.44% | 2029-05-14 | 5.10% | AU3CB0309466 |
| Ausnet | 5.79% | 2029-07-31 | 2.60% | AU0000053241 |
| Mirvac Group Finance Limited | 5.74% | 2029-09-18 | 2.60% | AU3CB0278653 |
| Transurban QLD | 5.95% | 2030-05-02 | 6.35% | AU3CB0303964 |
| Woolworths | 5.82% | 2030-05-20 | 2.80% | AU3CB0272227 |
| Optus Finance PTY Limited | 6.05% | 2030-07-01 | 2.50% | AU3CB0272896 |
| ANZ | 5.53% | 2031-05-12 | 5.40% | AU3CB0334506 |
| NAB | 5.59% | 2031-05-12 | 5.38% | AU3CB0334613 |
| Transurban QLD | 6.26% | 2032-09-02 | 5.50% | AU3CB0322196 |
| Australia Pacific Airports (Melbourne) PTY Limited | 6.21% | 2032-11-01 | 5.60% | AU3CB0315125 |
| Ausnet | 6.24% | 2033-05-31 | 6.13% | AU3CB0299816 |
| Transurban QLD | 6.39% | 2033-09-05 | 6.10% | AU3CB0335693 |
| Transurban QLD | 6.50% | 2034-08-31 | 5.62% | AU3CB0312833 |
| Qantas | 6.42% | 2034-09-19 | 5.90% | AU3CB0313419 |
| Dyno Nobel LTD | 6.76% | 2035-08-08 | 5.82% | AU3CB0324390 |
| NAB | 5.73% | 2035-10-16 | 5.10% | AU3CB0327062 |
| APA | 6.62% | 2036-04-28 | 6.42% | AU3CB0334217 |
| Qantas | 6.82% | 2036-05-19 | 6.66% | AU3CB0332567 |