Germany A–BBB Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-germany
Germany A–BBB Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.17%, fitted curve 1M–30Y (3.11%–4.69%), 601 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.11% | — |
| 3M | 3.12% | 3.13% |
| 6M | 3.15% | 3.17% |
| 9M | 3.17% | 3.23% |
| 12M | 3.20% | 3.28% |
| 18M | 3.26% | 3.37% |
| 2Y | 3.31% | 3.48% |
| 3Y | 3.43% | 3.67% |
| 4Y | 3.55% | 3.92% |
| 5Y | 3.67% | 4.15% |
| 6Y | 3.79% | 4.37% |
| 7Y | 3.90% | 4.55% |
| 8Y | 4.00% | 4.70% |
| 9Y | 4.09% | 4.82% |
| 10Y | 4.17% | 4.92% |
| 15Y | 4.50% | 5.15% |
| 20Y | 4.69% | 5.27% |
| 25Y | 4.63% | 4.39% |
| 30Y | 4.52% | 3.95% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.31% and the 10-year 4.17%, a 10Y−2Y spread of +86 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 | 3.31% | 3.12% | 3.20% | 3.17% | 3.22% | 2.67% | 2.68% |
| 10Y | 4.17% | 3.85% | 3.99% | 4.10% | 4.03% | 3.66% | 3.84% |
| 10Y − 2Y | +86 bp | +73 bp | +79 bp | +93 bp | +81 bp | +100 bp | +116 bp |
Bonds in this curve
A selection of 30 of the 633 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Deutsche Pfandbriefbank AG | 3.73% | 2026-08-25 | 0.01% | DE000A3E5K73 |
| Deutsche Pfandbriefbank AG | 11.28% | 2026-08-28 | 4.38% | DE000A30WFV1 |
| Commerzbank AG | 3.89% | 2026-10-05 | 3.40% | DE000CZ43Z80 |
| Commerzbank AG | 3.77% | 2026-10-09 | 2.30% | DE000CZ45Y06 |
| Commerzbank AG | 2.49% | 2026-12-15 | 0.12% | DE000CZ40LQ7 |
| Commerzbank AG | 3.43% | 2026-12-21 | 3.00% | DE000CZ439H3 |
| Commerzbank AG | 2.75% | 2027-03-15 | 0.50% | DE000CZ45W16 |
| Deutsche Bank AG | 4.21% | 2027-03-24 | 2.03% | DE000DL19TJ7 |
| Vonovia SE | 3.05% | 2027-06-16 | 0.38% | DE000A3E5MG8 |
| Volkswagen Group | 2.92% | 2027-10-01 | 2.25% | XS1972547696 |
| Mercedes-Benz | 2.94% | 2027-11-15 | 1.00% | DE000A2GSLY0 |
| Volkswagen Group | 3.35% | 2028-01-31 | 0.88% | XS2438616240 |
| Sparkasse Pforzheim Calw | 2.77% | 2028-05-03 | 2.26% | DE000A460E70 |
| Volkswagen Group | 3.40% | 2028-10-11 | 3.88% | XS2745725155 |
| Aareal Bank AG | 3.54% | 2029-01-30 | 1.25% | DE000A2E4CM1 |
| Aareal Bank AG | 3.18% | 2029-02-01 | 1.38% | DE000AAR0330 |
| Deutsche Bank AG | 3.66% | 2030-04-12 | 3.63% | XS0461569278 |
| Deutsche Bank AG | 3.67% | 2030-07-12 | 3.23% | XS0461641309 |
| Aareal Bank AG | 3.32% | 2031-02-03 | 2.62% | DE000AAR0470 |
| Kion Group AG | 4.04% | 2031-03-24 | 4.12% | XS3314910632 |
| Oldenburgische Landesbank AG | 3.45% | 2032-01-29 | 3.12% | DE000A11QJS1 |
| Deutsche Telekom AG | 3.32% | 2032-02-03 | 3.00% | XS2987630873 |
| Aareal Bank AG | 3.41% | 2033-02-01 | 3.00% | DE000AAR0488 |
| Eurogrid Gmbh | 3.91% | 2034-02-01 | 3.92% | XS2756342122 |
| Commerzbank AG | 3.38% | 2035-02-27 | 2.88% | DE000CZ45ZL7 |
| Deutsche Telekom AG | 3.87% | 2036-03-20 | 3.25% | XS2788600869 |
| Deutsche Bank AG | 4.39% | 2039-02-15 | 3.92% | DE000A351264 |
| Amprion GmbH | 4.63% | 2044-05-21 | 4.00% | DE000A383BQ4 |
| Deutsche Telekom AG | 4.46% | 2049-12-09 | 1.75% | XS2089226026 |
| RWE AG | 4.17% | 2055-06-18 | 4.12% | XS3094762989 |