Germany Corporate Bond Yields (AUD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/aud-corporate-germany
Germany Corporate Bond Yields (AUD) as of 2026-07-27: 10Y at 6.47%, fitted curve 1M–15Y (5.55%–6.50%), 34 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.55% | — |
| 6M | 5.55% | 5.55% |
| 9M | 5.55% | 5.55% |
| 12M | 5.55% | 5.56% |
| 18M | 5.56% | 5.56% |
| 2Y | 5.56% | 5.58% |
| 3Y | 5.58% | 5.62% |
| 4Y | 5.63% | 5.79% |
| 5Y | 5.75% | 6.21% |
| 6Y | 5.95% | 6.95% |
| 7Y | 6.18% | 7.57% |
| 8Y | 6.35% | 7.55% |
| 9Y | 6.44% | 7.14% |
| 10Y | 6.47% | 6.81% |
| 15Y | 6.50% | 6.54% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.56% and the 10-year 6.47%, a 10Y−2Y spread of +91 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 ago2026-04-29 | 4m ago2026-03-30 |
|---|---|---|---|---|---|
| 2Y | 5.56% | 5.37% | 5.56% | 5.59% | 5.59% |
| 10Y | 6.47% | 6.22% | 6.43% | 6.61% | 6.57% |
| 10Y − 2Y | +91 bp | +85 bp | +87 bp | +103 bp | +98 bp |
Yields by rating group
The same curve split by credit quality: 37 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.51%, A+ to BBB- 5.99%.
Bonds in this curve
A selection of 30 of the 37 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Volkswagen Group | 7.62% | 2026-09-15 | 5.35% | AU3CB0302719 |
| Mercedes-Benz | 7.25% | 2026-09-26 | 5.00% | XS2695375159 |
| Mercedes-Benz | 5.55% | 2027-01-18 | 4.75% | XS2750326899 |
| Volkswagen Group | 5.60% | 2027-02-09 | 5.30% | AU3CB0306470 |
| Landwirtschaftliche Rentenbank | 5.28% | 2027-03-23 | 2.60% | AU3CB0239796 |
| Dekabank Deutsche Girozentrale | 5.71% | 2027-04-05 | 3.75% | DE000DK0KJR6 |
| Landesbank Baden-Wuerttemberg | 5.63% | 2027-06-29 | 4.90% | DE000LB1DV90 |
| Dekabank Deutsche Girozentrale | 5.58% | 2027-08-18 | 1.00% | DE000DK01E57 |
| Deutsche Bahn AG | 5.30% | 2027-09-27 | 3.80% | AU3CB0247419 |
| Landwirtschaftliche Rentenbank | 5.09% | 2028-04-12 | 3.25% | AU3CB0246999 |
| Landesbank Baden-Wuerttemberg | 5.85% | 2028-05-17 | 5.00% | DE000LB1P720 |
| Deutsche Bahn AG | 5.42% | 2028-06-13 | 3.49% | AU3CB0253623 |
| Volkswagen Group | 5.71% | 2028-06-14 | 5.55% | AU3CB0310308 |
| Landwirtschaftliche Rentenbank | 4.93% | 2029-02-14 | 4.30% | AU3CB0306660 |
| Landwirtschaftliche Rentenbank | 5.04% | 2029-05-25 | 3.20% | AU3CB0254001 |
| Volkswagen Group | 5.82% | 2029-06-13 | 5.11% | AU3CB0322667 |
| Volkswagen Group | 5.96% | 2030-06-12 | 5.85% | AU3CB0335966 |
| Deutsche Bahn AG | 5.54% | 2030-07-08 | 1.99% | AU3CB0273027 |
| Landwirtschaftliche Rentenbank | 5.03% | 2030-09-11 | 4.25% | AU3CB0319390 |
| Commerzbank AG | 5.71% | 2031-06-12 | 5.69% | AU3CB0335834 |
| Landwirtschaftliche Rentenbank | 5.08% | 2031-07-29 | 4.70% | AU3CB0330769 |
| Enbw International Finance BV | 5.84% | 2031-11-26 | 5.20% | AU3CB0328656 |
| Vonovia SE | 6.28% | 2032-09-03 | 5.27% | AU3CB0325645 |
| Vonovia SE | 6.30% | 2033-05-20 | 6.38% | AU3CB0335123 |
| Deutsche Bahn AG | 5.80% | 2033-11-17 | 6.02% | AU3CB0304483 |
| Enbw International Finance BV | 6.20% | 2034-10-30 | 6.05% | AU3CB0315091 |
| Vonovia SE | 6.61% | 2035-09-03 | 5.72% | AU3CB0325652 |
| E.ON SE | 6.32% | 2035-10-21 | 5.46% | AU3CB0327245 |
| Enbw International Finance BV | 6.34% | 2036-02-26 | 5.79% | AU3CB0328664 |
| Deutsche Bahn AG | 6.56% | 2041-05-20 | 3.10% | XS2343565698 |