United Kingdom 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-united-kingdom-non-callable
United Kingdom A–BBB Non-Callable Banks Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.09%, fitted curve 6M–10Y (2.97%–4.09%), 54 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 2.97% | — |
| 9M | 3.01% | 3.11% |
| 12M | 3.06% | 3.20% |
| 18M | 3.15% | 3.34% |
| 2Y | 3.24% | 3.52% |
| 3Y | 3.42% | 3.76% |
| 4Y | 3.57% | 4.04% |
| 5Y | 3.71% | 4.26% |
| 6Y | 3.83% | 4.42% |
| 7Y | 3.93% | 4.51% |
| 8Y | 3.99% | 4.47% |
| 9Y | 4.03% | 4.35% |
| 10Y | 4.09% | 4.60% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.24% and the 10-year 4.09%, a 10Y−2Y spread of +85 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 ago2026-02-12 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.24% | 2.99% | 3.12% | 3.09% | 3.26% | 2.66% | 2.71% |
| 10Y | 4.09% | 3.80% | 4.05% | 4.06% | 4.13% | 3.78% | 3.89% |
| 10Y − 2Y | +85 bp | +81 bp | +93 bp | +97 bp | +87 bp | +113 bp | +118 bp |
Bonds in this curve
A selection of 30 of the 57 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Natwest Group PLC | 3.20% | 2027-03-02 | 1.38% | XS2449911143 |
| Hsbc Holdings PLC | 3.19% | 2027-03-15 | 2.50% | XS1379184473 |
| Nationwide Building Society | 2.90% | 2027-04-28 | 2.00% | XS2473346299 |
| Lloyds Banking Group PLC | 2.94% | 2027-05-30 | 4.12% | XS2628821873 |
| Hsbc Holdings PLC | 2.96% | 2027-09-03 | 0.10% | FR0013444304 |
| Lloyds Banking Group PLC | 2.80% | 2027-09-12 | 1.50% | XS1681050610 |
| Natwest Group PLC | 3.23% | 2027-11-04 | 2.75% | XS2931916972 |
| Natwest Group PLC | 3.17% | 2028-01-13 | 4.25% | XS2576255249 |
| Hsbc Holdings PLC | 3.03% | 2028-09-04 | 1.38% | FR0013358124 |
| Nationwide Building Society | 3.38% | 2028-09-14 | 0.25% | XS2385790667 |
| Natwest Group PLC | 3.40% | 2029-06-30 | 3.12% | XS3423992232 |
| Nationwide Building Society | 3.44% | 2029-09-05 | 3.25% | XS2525246901 |
| Lloyds Banking Group PLC | 3.21% | 2029-09-10 | 2.75% | DE000A383G15 |
| Nationwide Building Society | 3.58% | 2030-03-03 | 3.00% | XS3014215324 |
| Lloyds Banking Group PLC | 3.43% | 2030-03-24 | 3.25% | XS3032035837 |
| Natwest Group PLC | 3.65% | 2030-09-03 | 3.00% | XS3170277530 |
| Investec Bank PLC | 3.85% | 2031-02-19 | 3.62% | XS2991289203 |
| Hsbc Holdings PLC | 3.63% | 2031-05-12 | 3.55% | XS3367696047 |
| Barclays Bank PLC | 3.71% | 2031-08-14 | 3.54% | XS3069319468 |
| Hsbc Holdings PLC | 3.87% | 2032-03-10 | 4.79% | XS2597114284 |
| Barclays Bank PLC | 3.85% | 2032-05-18 | 2.30% | XS1555613519 |
| Standard Chartered PLC | 3.88% | 2032-05-28 | 3.93% | XS3381221525 |
| Hsbc Holdings PLC | 4.03% | 2033-05-23 | 4.86% | XS2621539910 |
| Hsbc Holdings PLC | 3.98% | 2033-12-01 | 3.61% | XS3239159034 |
| Hsbc Holdings PLC | 4.03% | 2034-05-13 | 3.91% | XS3069291782 |
| Natwest Group PLC | 3.90% | 2034-09-03 | 3.63% | XS3170277704 |
| Natwest Group PLC | 3.85% | 2035-02-25 | 3.72% | XS3009472989 |
| Lloyds Banking Group PLC | 4.04% | 2035-05-09 | 4.00% | XS3069338336 |
| Barclays Bank PLC | 4.18% | 2036-01-31 | 3.94% | XS2931242569 |
| Natwest Group PLC | 4.01% | 2036-05-13 | 3.98% | XS3069320714 |