China Senior Unsecured Corporate Bond Yields (CNY)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/cny-corporate-senior-unsecured-china
China Senior Unsecured Corporate Bond Yields (CNY) as of 2026-07-27: 9Y at 2.49%, fitted curve 1M–20Y (2.28%–3.05%), 49 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.05% | — |
| 3M | 3.00% | 2.98% |
| 6M | 2.93% | 2.86% |
| 9M | 2.86% | 2.71% |
| 12M | 2.78% | 2.55% |
| 18M | 2.64% | 2.35% |
| 2Y | 2.51% | 2.15% |
| 3Y | 2.35% | 2.03% |
| 4Y | 2.28% | 2.07% |
| 9Y | 2.49% | 2.65% |
| 20Y | 2.59% | 2.68% |
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 | 2.51% | 2.73% | 2.61% | 2.67% | 2.81% | 2.55% | 2.56% |
| 10Y | — | — | — | 2.47% | 2.40% | 2.32% | 2.76% |
| 10Y − 2Y | — | — | — | -20 bp | -41 bp | -23 bp | +20 bp |
Bonds in this curve
A selection of 30 of the 50 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 |
| Zibo City Asset Operation Group CO., LTD. | 3.65% | 2027-01-18 | 5.80% | HK0000984689 |
| 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 |
| Mianyang Science & Technology City Development & Investment (Group) CO., LTD | 2.77% | 2027-03-27 | 3.18% | HK0001001004 |
| 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 |
| Lingang Oasis INC | 2.45% | 2027-06-25 | 3.15% | HK0001020475 |
| 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 |
| Jiangmen HI-Tech Industrial Park CO., LTD. | 3.57% | 2028-03-31 | 4.20% | HK0001111613 |
| China Construction Bank Corporation | 1.72% | 2028-05-28 | 1.90% | HK0001150835 |
| Hongkong Xiangyu Investment CO., LTD. | 3.29% | 2028-07-15 | 3.15% | HK0001166930 |
| Bank of China Limited | 1.66% | 2028-11-10 | 1.92% | HK0001207197 |
| 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 |
| Meituan | 2.27% | 2030-11-05 | 2.55% | HK0001206835 |
| State Grid Overseas Investment (BVI) Limited | 2.19% | 2035-08-14 | 2.20% | HK0001173696 |
| Meituan | 2.90% | 2035-11-05 | 3.10% | HK0001206843 |
| State Grid Overseas Investment (BVI) Limited | 2.52% | 2045-08-14 | 2.40% | HK0001173704 |