Germany A–BBB Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-germany
Germany A–BBB Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.51%, fitted curve 1M–30Y (3.35%–4.95%), 597 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.35% | — |
| 3M | 3.37% | 3.38% |
| 6M | 3.41% | 3.50% |
| 9M | 3.44% | 3.58% |
| 12M | 3.48% | 3.58% |
| 18M | 3.55% | 3.73% |
| 2Y | 3.62% | 3.88% |
| 3Y | 3.76% | 4.10% |
| 4Y | 3.90% | 4.38% |
| 5Y | 4.02% | 4.64% |
| 6Y | 4.14% | 4.88% |
| 7Y | 4.25% | 5.08% |
| 8Y | 4.35% | 5.25% |
| 9Y | 4.44% | 5.38% |
| 10Y | 4.51% | 5.48% |
| 15Y | 4.77% | 5.60% |
| 20Y | 4.88% | 5.53% |
| 25Y | 4.93% | 5.36% |
| 30Y | 4.95% | 5.21% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.62% and the 10-year 4.51%, a 10Y−2Y spread of +89 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.62% | 3.32% | 3.17% | 3.22% | 3.27% | 3.21% | 3.01% |
| 10Y | 4.51% | 4.21% | 4.04% | 4.00% | 4.10% | 4.14% | 3.97% |
| 10Y − 2Y | +89 bp | +89 bp | +87 bp | +78 bp | +84 bp | +93 bp | +96 bp |
Bonds in this curve
A selection of 30 of the 607 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Commerzbank AG | 5.25% | 2026-10-05 | 3.40% | DE000CZ43Z80 |
| Adidas AG | 4.07% | 2026-10-08 | 2.25% | XS1114159277 |
| Commerzbank AG | 5.24% | 2026-11-16 | 1.82% | DE000CZ40KF2 |
| Traton Finance Luxembourg S.A. | 4.62% | 2026-11-23 | 4.50% | DE000A3LQ9S2 |
| Commerzbank AG | 3.99% | 2027-02-02 | 2.50% | DE000CZ439Q4 |
| Commerzbank AG | 4.28% | 2027-02-01 | 3.48% | DE000CZ439X0 |
| Mercedes-Benz | 3.06% | 2027-05-06 | 0.62% | DE000A2R9ZU9 |
| Deutsche Lufthansa AG | 3.38% | 2027-05-16 | 2.88% | XS2408458730 |
| Commerzbank AG | 3.17% | 2027-08-24 | 0.62% | DE000CZ40MB7 |
| BMW | 3.28% | 2027-08-27 | 3.00% | XS2887901325 |
| Aareal Bank AG | 6.41% | 2027-12-13 | 1.21% | DE000A12T7S1 |
| Commerzbank AG | 3.55% | 2027-12-15 | 4.10% | DE000CZ43ZL2 |
| Volkswagen Group | 3.86% | 2028-06-19 | 2.75% | XS3099828355 |
| Vonovia SE | 3.96% | 2028-06-28 | 1.88% | DE000A3MQS64 |
| Deutsche Bank AG | 3.58% | 2029-03-13 | 3.38% | DE000A352BT3 |
| Commerzbank AG | 4.06% | 2029-03-12 | 0.42% | DE000CB0HRZ0 |
| SAP SE | 3.60% | 2030-03-13 | 1.38% | DE000A2G8VU3 |
| Commerzbank AG | 3.74% | 2030-03-20 | 2.40% | DE000CZ457Z7 |
| Oldenburgische Landesbank AG | 3.92% | 2031-03-17 | 0.05% | DE000A11QJK8 |
| Basf SE | 3.73% | 2031-03-17 | 1.50% | XS2456247787 |
| Hamburger Sparkasse AG | 3.55% | 2032-03-22 | 2.62% | DE000A460CJ3 |
| Commerzbank AG | 3.76% | 2032-03-23 | 1.25% | DE000CZ45W40 |
| Traton Finance Luxembourg S.A. | 4.33% | 2033-03-24 | 1.25% | DE000A3KNQA0 |
| Commerzbank AG | 3.72% | 2034-03-13 | 3.00% | DE000CZ45YB1 |
| Aareal Bank AG | 5.13% | 2035-03-20 | 1.85% | DE000A12T8N0 |
| Deutsche Telekom AG | 4.18% | 2036-03-20 | 3.25% | XS2788600869 |
| Commerzbank AG | 4.64% | 2039-03-14 | 2.55% | DE000CZ439Z5 |
| Amprion GmbH | 4.97% | 2044-05-21 | 4.00% | DE000A383BQ4 |
| Deutsche Bank AG | 6.16% | 2049-10-11 | 0.69% | DE000DL19UY4 |
| Deutsche Bank AG | 4.28% | 2055-03-17 | 3.84% | DE000A4DFSU3 |