China Corporate Bond Yields (CNY)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/cny-corporate-china
China Corporate Bond Yields (CNY) as of 2026-07-27: 9Y at 2.28%, fitted curve 1M–30Y (2.11%–2.92%), 59 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.92% | — |
| 3M | 2.85% | 2.82% |
| 6M | 2.75% | 2.64% |
| 9M | 2.65% | 2.45% |
| 12M | 2.55% | 2.28% |
| 18M | 2.40% | 2.10% |
| 2Y | 2.29% | 1.96% |
| 3Y | 2.16% | 1.91% |
| 4Y | 2.11% | 1.97% |
| 8Y | 2.19% | 2.26% |
| 9Y | 2.28% | 3.01% |
| 20Y | 2.61% | 2.87% |
| 30Y | 2.61% | 2.61% |
2Y, 10Y and the 10Y−2Y spread over time
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 ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.29% | 2.49% | 2.55% | 2.49% | 2.56% | 2.51% | 2.32% |
| 10Y | — | — | — | 2.54% | 2.78% | 2.71% | 2.75% |
| 10Y − 2Y | — | — | — | +6 bp | +22 bp | +20 bp | +43 bp |
Bonds in this curve
A selection of 30 of the 60 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Shandong Commercial Group CO., LTD. | 3.17% | 2026-08-11 | 3.90% | XS2654507842 |
| Bank of China Limited | 1.60% | 2026-09-18 | 2.98% | HK0000951035 |
| Jingdezhen Hesheng Industrial Investment Development CO., LTD. | 2.33% | 2026-11-08 | 3.90% | HK0000971553 |
| Pingtan Comprehensive Pilot Zone City Development Group CO., LTD. | 4.74% | 2026-12-18 | 5.60% | HK0000954526 |
| Pingtan Comprehensive Pilot Zone City Development Group CO., LTD. | 2.91% | 2026-12-22 | 5.10% | XS2736390126 |
| NEW Hope Group CO., LTD. | 2.26% | 2026-12-29 | 4.40% | HK0000971645 |
| Taishan City Investment CO., Limited | 4.14% | 2027-03-18 | 4.90% | HK0000987773 |
| Haitong UT Brilliant Limited | 2.29% | 2027-03-19 | 3.65% | HK0000993441 |
| Chibi City Development Group CO., LTD. | 4.07% | 2027-03-28 | 4.20% | HK0000998481 |
| Zibo City Asset Operation Group CO., LTD. | 4.03% | 2027-06-14 | 5.80% | HK0001011102 |
| Bank of China Limited | 1.52% | 2027-06-20 | 2.85% | HK0001026365 |
| Yibin Emerging Industry Investment Group CO., LTD | 2.10% | 2027-06-20 | 3.40% | HK0001026621 |
| Jiangmen HI-Tech Industrial Park CO., LTD. | 3.56% | 2028-01-24 | 4.28% | HK0001101887 |
| Zibo City Asset Operation Group CO., LTD. | 5.31% | 2028-03-07 | 5.80% | HK0001097101 |
| GF Financial Holdings BVI LTD. | 2.44% | 2028-03-13 | 2.58% | HK0001106571 |
| Industrial and Commercial Bank of China LTD | 1.63% | 2028-05-21 | 2.00% | HK0001146387 |
| Alibaba Group Holding Limited | 1.80% | 2028-05-28 | 2.65% | HK0001082160 |
| China Construction Bank Corporation | 1.72% | 2028-05-28 | 1.90% | HK0001150835 |
| Baidu INC | 1.89% | 2029-03-15 | 1.90% | HK0001186094 |
| Chengdu Aerotropolis City Development Group CO., LTD. | 2.71% | 2029-04-01 | 2.65% | HK0001284998 |
| China Construction Bank Corporation | 1.65% | 2029-06-15 | 1.64% | HK0001313896 |
| State Grid Overseas Investment (BVI) Limited | 1.94% | 2030-08-14 | 1.90% | HK0001173688 |
| Tencent Holdings LTD | 1.89% | 2030-09-23 | 2.10% | HK0001193058 |
| Meituan | 2.27% | 2030-11-05 | 2.55% | HK0001206835 |
| Alibaba Group Holding Limited | 2.40% | 2034-11-28 | 3.10% | HK0001082186 |
| State Grid Overseas Investment (BVI) Limited | 2.19% | 2035-08-14 | 2.20% | HK0001173696 |
| Tencent Holdings LTD | 2.26% | 2035-09-23 | 2.50% | HK0001193041 |
| Alibaba Group Holding Limited | 3.00% | 2044-11-28 | 3.50% | HK0001082194 |
| State Grid Overseas Investment (BVI) Limited | 2.52% | 2045-08-14 | 2.40% | HK0001173704 |
| Tencent Holdings LTD | 3.01% | 2055-09-23 | 3.10% | HK0001193066 |