Germany AAA–AA Non-Callable Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/chf-corporate-aaa-aa-germany-non-callable
Germany AAA–AA Non-Callable Corporate Bond Yields (CHF) as of 2026-07-27: 10Y at 1.07%, fitted curve 3M–15Y (0.71%–1.23%), 37 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 0.71% | — |
| 12M | 0.74% | 0.75% |
| 18M | 0.76% | 0.80% |
| 2Y | 0.78% | 0.84% |
| 3Y | 0.82% | 0.89% |
| 4Y | 0.85% | 0.97% |
| 5Y | 0.89% | 1.04% |
| 6Y | 0.93% | 1.11% |
| 7Y | 0.96% | 1.18% |
| 8Y | 1.00% | 1.25% |
| 9Y | 1.04% | 1.32% |
| 10Y | 1.07% | 1.38% |
| 15Y | 1.23% | 1.56% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.78% and the 10-year 1.07%, a 10Y−2Y spread of +29 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 | 6m ago2026-02-05 |
|---|---|---|---|---|---|---|---|
| 2Y | 0.78% | 0.55% | 0.83% | 0.72% | 0.73% | 0.35% | 0.39% |
| 10Y | 1.07% | 0.90% | 1.05% | 1.01% | 0.97% | 0.76% | 0.94% |
| 10Y − 2Y | +29 bp | +35 bp | +23 bp | +28 bp | +24 bp | +41 bp | +55 bp |
Bonds in this curve
A selection of 30 of the 48 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Muenchener Hypothekenbank EG | 0.54% | 2026-11-10 | 0.01% | CH1139995810 |
| Muenchener Hypothekenbank EG | 0.23% | 2027-06-30 | 1.25% | CH1195555409 |
| Muenchener Hypothekenbank EG | 0.92% | 2027-11-18 | 0.12% | CH0506668836 |
| Dekabank Deutsche Girozentrale | 0.70% | 2028-02-28 | 0.15% | DE000DK040E2 |
| Muenchener Hypothekenbank EG | 0.63% | 2028-06-14 | 0.50% | CH0417086086 |
| Deutsche Bahn AG | 0.75% | 2028-07-18 | 0.50% | CH0423233557 |
| Landesbank Baden-Wuerttemberg | 0.81% | 2028-09-11 | 0.25% | CH0561923852 |
| Muenchener Hypothekenbank EG | 0.79% | 2029-02-26 | 0.25% | CH0460872341 |
| Deutsche Bahn AG | 0.72% | 2029-06-19 | 0.10% | CH0479514272 |
| Landesbank Baden-Wuerttemberg | 0.92% | 2029-10-04 | 0.25% | CH1135555592 |
| Muenchener Hypothekenbank EG | 0.73% | 2030-05-07 | 1.88% | CH1233900005 |
| Muenchener Hypothekenbank EG | 0.84% | 2030-05-10 | 0.25% | CH0471297991 |
| Deutsche Bahn AG | 0.87% | 2030-11-08 | 0.45% | CH0385997108 |
| Muenchener Hypothekenbank EG | 1.01% | 2031-03-03 | 0.20% | CH0595205516 |
| Landesbank Baden-Wuerttemberg | 1.03% | 2031-03-10 | 0.25% | CH0598928742 |
| Muenchener Hypothekenbank EG | 0.90% | 2031-06-18 | 0.20% | CH0481013768 |
| Landwirtschaftliche Rentenbank | 0.80% | 2032-03-10 | 0.46% | CH1405472163 |
| Deutsche Bahn AG | 0.86% | 2032-09-21 | 1.95% | CH1204259811 |
| Muenchener Hypothekenbank EG | 0.95% | 2032-11-22 | 0.55% | CH0386949314 |
| Muenchener Hypothekenbank EG | 0.85% | 2033-02-02 | 0.75% | CH1489902531 |
| Deutsche Bahn AG | 0.98% | 2033-05-20 | 0.20% | CH0522158887 |
| Landwirtschaftliche Rentenbank | 0.80% | 2034-02-17 | 0.63% | CH1512677001 |
| Muenchener Hypothekenbank EG | 0.97% | 2034-03-15 | 0.55% | CH0463112059 |
| Deutsche Bahn AG | 1.08% | 2034-06-19 | 0.50% | CH0479514280 |
| Deutsche Bahn AG | 1.12% | 2035-09-13 | 1.89% | CH1277080508 |
| Deutsche Bahn AG | 1.15% | 2036-01-28 | 0.10% | CH0581947808 |
| Landwirtschaftliche Rentenbank | 0.91% | 2036-03-18 | 0.61% | CH1536312163 |
| Muenchener Hypothekenbank EG | 1.09% | 2036-08-13 | 0.05% | CH1122290237 |
| Muenchener Hypothekenbank EG | 1.24% | 2041-03-29 | 0.25% | CH1100259808 |
| Deutsche Bahn AG | 1.38% | 2042-11-28 | 2.29% | CH1228838129 |