Germany A–BBB Non-Callable Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-banks-germany-non-callable
Germany A–BBB Non-Callable Banks Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.18%, fitted curve 1M–25Y (3.54%–6.08%), 266 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.54% | — |
| 3M | 3.55% | 3.55% |
| 6M | 3.55% | 3.62% |
| 9M | 3.56% | 3.61% |
| 12M | 3.57% | 3.61% |
| 18M | 3.58% | 3.64% |
| 2Y | 3.60% | 3.68% |
| 3Y | 3.63% | 3.75% |
| 4Y | 3.68% | 3.86% |
| 5Y | 3.73% | 4.01% |
| 6Y | 3.80% | 4.20% |
| 7Y | 3.87% | 4.45% |
| 8Y | 3.96% | 4.76% |
| 9Y | 4.07% | 5.13% |
| 10Y | 4.18% | 5.58% |
| 15Y | 4.93% | 7.38% |
| 20Y | 5.66% | 10.51% |
| 25Y | 6.08% | 11.58% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.60% and the 10-year 4.18%, a 10Y−2Y spread of +59 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.60% | 3.33% | 3.21% | 3.25% | 3.24% | 3.25% | 3.03% |
| 10Y | 4.18% | 3.71% | 3.89% | 3.60% | 3.64% | 3.63% | 3.46% |
| 10Y − 2Y | +59 bp | +38 bp | +69 bp | +34 bp | +41 bp | +38 bp | +43 bp |
Bonds in this curve
A selection of 30 of the 269 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Commerzbank AG | 5.25% | 2026-10-05 | 3.40% | DE000CZ43Z80 |
| Commerzbank AG | 5.19% | 2026-10-09 | 2.30% | DE000CZ45Y06 |
| Commerzbank AG | 5.24% | 2026-11-16 | 1.82% | DE000CZ40KF2 |
| Commerzbank AG | 2.94% | 2026-12-04 | 0.50% | DE000CZ45VC5 |
| Commerzbank AG | 3.99% | 2027-02-02 | 2.50% | DE000CZ439Q4 |
| Deutsche Pfandbriefbank AG | 3.77% | 2027-02-05 | 5.00% | DE000A30WF84 |
| Commerzbank AG | 3.89% | 2027-05-24 | 1.66% | DE000CZ40L71 |
| ProCredit Holding AG | 5.40% | 2027-06-11 | 6.00% | DE000A0N37P3 |
| Commerzbank AG | 3.17% | 2027-08-24 | 0.62% | DE000CZ40MB7 |
| Deutsche Pfandbriefbank AG | 3.35% | 2027-08-30 | 0.62% | DE000A2GSLV6 |
| Aareal Bank AG | 6.41% | 2027-12-13 | 1.21% | DE000A12T7S1 |
| Commerzbank AG | 3.73% | 2027-12-21 | 1.30% | DE000CZ40ML6 |
| Deutsche Bank AG | 4.54% | 2028-07-05 | 4.95% | DE000A351S27 |
| Sparkasse Pforzheim Calw | 3.52% | 2028-08-14 | 2.38% | DE000A4DE9W7 |
| Deutsche Bank AG | 3.58% | 2029-03-13 | 3.38% | DE000A352BT3 |
| Oldenburgische Landesbank AG | 3.58% | 2029-04-13 | 1.25% | DE000A11QJM4 |
| Aareal Bank AG | 3.68% | 2030-04-10 | 2.62% | DE000AAR0447 |
| Sparkasse Hannover | 3.60% | 2030-05-17 | 3.12% | DE000A351TJ8 |
| Oldenburgische Landesbank AG | 3.92% | 2031-03-17 | 0.05% | DE000A11QJK8 |
| Deutsche Bank AG | 4.83% | 2031-03-31 | 2.31% | DE000DL19TL3 |
| Hamburger Sparkasse AG | 3.55% | 2032-03-22 | 2.62% | DE000A460CJ3 |
| Sparkasse Hannover | 3.60% | 2032-05-24 | 2.75% | DE000A4DFHD2 |
| Aareal Bank AG | 5.08% | 2033-05-13 | 2.66% | DE000A1RE4L8 |
| Deutsche Bank AG | 3.66% | 2033-05-19 | 3.12% | DE000A351TP5 |
| Commerzbank AG | 3.72% | 2034-03-13 | 3.00% | DE000CZ45YB1 |
| Aareal Bank AG | 5.13% | 2035-03-20 | 1.85% | DE000A12T8N0 |
| Commerzbank AG | 3.81% | 2037-04-22 | 3.16% | DE000CZ45YK2 |
| Commerzbank AG | 4.64% | 2039-03-14 | 2.55% | DE000CZ439Z5 |
| Aareal Bank AG | 5.29% | 2045-01-12 | 1.74% | DE000A12T7N2 |
| Deutsche Bank AG | 6.16% | 2049-10-11 | 0.69% | DE000DL19UY4 |