Euro A–BBB Non-Callable Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-banks-non-callable
Euro A–BBB Non-Callable Banks Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.10%, fitted curve 1M–25Y (2.96%–5.16%), 995 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.96% | — |
| 3M | 2.99% | 3.00% |
| 6M | 3.03% | 3.07% |
| 9M | 3.07% | 3.14% |
| 12M | 3.10% | 3.22% |
| 18M | 3.18% | 3.33% |
| 2Y | 3.26% | 3.48% |
| 3Y | 3.40% | 3.69% |
| 4Y | 3.54% | 3.94% |
| 5Y | 3.66% | 4.16% |
| 6Y | 3.77% | 4.33% |
| 7Y | 3.87% | 4.47% |
| 8Y | 3.96% | 4.57% |
| 9Y | 4.03% | 4.64% |
| 10Y | 4.10% | 4.69% |
| 15Y | 4.36% | 4.89% |
| 20Y | 4.81% | 6.18% |
| 25Y | 5.16% | 6.58% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.26% and the 10-year 4.10%, a 10Y−2Y spread of +84 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 ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.26% | 3.10% | 3.14% | 3.10% | 3.25% | 2.76% | 2.60% |
| 10Y | 4.10% | 3.86% | 3.92% | 3.95% | 4.03% | 3.73% | 3.89% |
| 10Y − 2Y | +84 bp | +76 bp | +79 bp | +85 bp | +78 bp | +97 bp | +129 bp |
Bonds in this curve
A selection of 30 of the 1041 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| UBS Group AG | 2.83% | 2026-08-20 | 5.50% | XS2589907653 |
| Deutsche Pfandbriefbank AG | 3.73% | 2026-08-25 | 0.01% | DE000A3E5K73 |
| Bank of China Limited | 3.03% | 2026-10-19 | 4.00% | XS2702157855 |
| Industrial and Commercial Bank of China LTD | 2.91% | 2026-10-25 | 4.12% | XS2706208506 |
| Commerzbank AG | 2.49% | 2026-12-15 | 0.12% | DE000CZ40LQ7 |
| Westpac Securities NZ Limited | 2.65% | 2026-12-14 | 0.43% | XS2421006201 |
| Commerzbank AG | 2.75% | 2027-03-15 | 0.50% | DE000CZ45W16 |
| Industrial and Commercial Bank of China LTD | 3.03% | 2027-05-23 | 3.70% | XS2819075578 |
| Intesa Sanpaolo | 2.87% | 2027-06-16 | 1.12% | IT0005259988 |
| Sumitomo Mitsui Financial Group INC | 2.85% | 2027-06-14 | 1.41% | XS1621087516 |
| Oberbank AG | 3.72% | 2027-10-29 | 0.75% | AT000B127097 |
| Natwest Group PLC | 3.23% | 2027-11-04 | 2.75% | XS2931916972 |
| Sparkasse Pforzheim Calw | 2.77% | 2028-05-03 | 2.26% | DE000A460E70 |
| La Banque Postale | 3.26% | 2028-05-03 | 4.00% | FR001400HOZ2 |
| Aareal Bank AG | 3.54% | 2029-01-30 | 1.25% | DE000A2E4CM1 |
| Industrial and Commercial Bank of China LTD | 2.97% | 2029-03-16 | 2.75% | XS3298231567 |
| Deutsche Pfandbriefbank AG | 3.33% | 2030-01-29 | 2.75% | DE000A382699 |
| Aareal Bank AG | 3.24% | 2030-02-01 | 0.12% | DE000AAR0314 |
| Iccrea Banca SPA | 3.68% | 2031-01-30 | 3.25% | IT0005691081 |
| Aareal Bank AG | 3.32% | 2031-02-03 | 2.62% | DE000AAR0470 |
| Oldenburgische Landesbank AG | 3.45% | 2032-01-29 | 3.12% | DE000A11QJS1 |
| Mediobanca - Banca di Credito Finanziario SPA | 3.42% | 2032-02-02 | 2.88% | IT0005678773 |
| Aareal Bank AG | 3.41% | 2033-02-01 | 3.00% | DE000AAR0488 |
| Banque Federative du Credit Mutuel | 3.86% | 2033-02-01 | 3.75% | FR001400EAY1 |
| Erste Group Bank AG | 4.05% | 2034-02-04 | 3.00% | AT0000A3RGC1 |
| Erste Group Bank AG | 4.11% | 2035-02-12 | 3.00% | AT0000A3HRM8 |
| OTP Bank Nyrt | 4.82% | 2036-12-24 | 4.62% | XS3406852536 |
| Deutsche Bank AG | 4.39% | 2039-02-15 | 3.92% | DE000A351264 |
| Bank Gospodarstwa Krajowego | 4.67% | 2044-09-13 | 4.25% | XS2902088314 |
| Deutsche Bank AG | 4.84% | 2049-10-11 | 0.69% | DE000DL19UY4 |