Germany A–BBB Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-germany-callable
Germany A–BBB Callable Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.63%, fitted curve 1M–30Y (3.30%–4.75%), 178 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.30% | — |
| 3M | 3.33% | 3.35% |
| 6M | 3.39% | 3.50% |
| 9M | 3.44% | 3.64% |
| 12M | 3.50% | 3.64% |
| 18M | 3.60% | 3.85% |
| 2Y | 3.70% | 4.06% |
| 3Y | 3.89% | 4.35% |
| 4Y | 4.07% | 4.68% |
| 5Y | 4.21% | 4.93% |
| 6Y | 4.34% | 5.11% |
| 7Y | 4.44% | 5.22% |
| 8Y | 4.52% | 5.28% |
| 9Y | 4.58% | 5.30% |
| 10Y | 4.63% | 5.28% |
| 15Y | 4.75% | 5.14% |
| 20Y | 4.72% | 4.60% |
| 25Y | 4.47% | 2.65% |
| 30Y | 4.15% | 1.34% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.70% and the 10-year 4.63%, a 10Y−2Y spread of +93 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 | 3.70% | 3.36% | 3.24% | 3.25% | 3.25% | 3.23% | 2.97% |
| 10Y | 4.63% | 4.30% | 4.18% | 4.17% | 4.29% | 4.33% | 4.16% |
| 10Y − 2Y | +93 bp | +94 bp | +94 bp | +93 bp | +104 bp | +110 bp | +120 bp |
Bonds in this curve
A selection of 30 of the 182 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Adidas AG | 4.07% | 2026-10-08 | 2.25% | XS1114159277 |
| Volkswagen Group | 4.11% | 2026-10-11 | 3.62% | XS2745344601 |
| Traton Finance Luxembourg S.A. | 4.62% | 2026-11-23 | 4.50% | DE000A3LQ9S2 |
| Commerzbank AG | 4.28% | 2027-02-01 | 3.48% | DE000CZ439X0 |
| Mercedes-Benz | 2.87% | 2027-02-09 | 1.50% | DE000A194DE7 |
| Mercedes-Benz | 3.06% | 2027-05-06 | 0.62% | DE000A2R9ZU9 |
| Robert Bosch Gmbh | 3.40% | 2027-06-02 | 3.62% | XS2629470506 |
| Hochtief AG | 3.34% | 2027-09-03 | 0.50% | DE000A2YN2U2 |
| Amprion GmbH | 3.42% | 2027-09-22 | 3.45% | DE000A30VPL3 |
| Commerzbank AG | 3.55% | 2027-12-15 | 4.10% | DE000CZ43ZL2 |
| Vonovia SE | 3.59% | 2028-01-14 | 1.50% | DE000A19UR79 |
| Vonovia SE | 3.96% | 2028-06-28 | 1.88% | DE000A3MQS64 |
| Hamburg Commercial Bank AG | 4.01% | 2028-07-24 | 4.50% | DE000HCB0B44 |
| Commerzbank AG | 4.06% | 2029-03-12 | 0.42% | DE000CB0HRZ0 |
| Traton Finance Luxembourg S.A. | 3.75% | 2029-03-24 | 0.75% | DE000A3KNP96 |
| SAP SE | 3.60% | 2030-03-13 | 1.38% | DE000A2G8VU3 |
| Commerzbank AG | 3.74% | 2030-03-20 | 2.40% | DE000CZ457Z7 |
| Vonovia SE | 4.28% | 2031-03-24 | 0.62% | DE000A3E5FR9 |
| Kion Group AG | 4.34% | 2031-03-24 | 4.12% | XS3314910632 |
| Commerzbank AG | 3.76% | 2032-03-23 | 1.25% | DE000CZ45W40 |
| Vonovia SE | 4.21% | 2032-03-25 | 2.38% | DE000A3MQS72 |
| Traton Finance Luxembourg S.A. | 4.33% | 2033-03-24 | 1.25% | DE000A3KNQA0 |
| LEG Immobilien SE | 4.66% | 2033-03-30 | 0.88% | DE000A3H3JU7 |
| Vonovia SE | 4.63% | 2034-04-10 | 4.25% | DE000A3829J7 |
| Deutsche Bank AG | 5.20% | 2035-04-09 | 1.75% | DE000DB7XLM2 |
| Deutsche Telekom AG | 4.18% | 2036-03-20 | 3.25% | XS2788600869 |
| Amprion GmbH | 4.77% | 2039-08-27 | 3.85% | DE000A383QR0 |
| Amprion GmbH | 4.97% | 2044-05-21 | 4.00% | DE000A383BQ4 |
| Commerzbank AG | 4.27% | 2051-03-23 | 3.90% | DE000CZ46CF6 |
| Deutsche Bank AG | 4.28% | 2055-03-17 | 3.84% | DE000A4DFSU3 |