Euro A–BBB Non-Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-non-callable
Euro A–BBB Non-Callable Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.10%, fitted curve 1M–30Y (3.01%–4.50%), 2275 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.01% | — |
| 3M | 3.03% | 3.04% |
| 6M | 3.06% | 3.09% |
| 9M | 3.10% | 3.17% |
| 12M | 3.14% | 3.26% |
| 18M | 3.23% | 3.42% |
| 2Y | 3.33% | 3.62% |
| 3Y | 3.47% | 3.75% |
| 4Y | 3.58% | 3.93% |
| 5Y | 3.69% | 4.12% |
| 6Y | 3.79% | 4.29% |
| 7Y | 3.88% | 4.43% |
| 8Y | 3.96% | 4.54% |
| 9Y | 4.04% | 4.63% |
| 10Y | 4.10% | 4.70% |
| 15Y | 4.33% | 4.78% |
| 20Y | 4.43% | 4.75% |
| 25Y | 4.48% | 4.67% |
| 30Y | 4.50% | 4.60% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.33% and the 10-year 4.10%, a 10Y−2Y spread of +78 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 | 3.33% | 3.07% | 3.15% | 3.12% | 3.18% | 2.71% | 2.63% |
| 10Y | 4.10% | 3.82% | 3.94% | 4.03% | 4.11% | 3.70% | 3.79% |
| 10Y − 2Y | +78 bp | +75 bp | +80 bp | +91 bp | +93 bp | +100 bp | +116 bp |
Bonds in this curve
A selection of 30 of the 2353 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 |
| Unilever PLC | 2.66% | 2028-04-29 | 1.12% | XS1403015156 |
| Sparkasse Pforzheim Calw | 2.77% | 2028-05-03 | 2.26% | DE000A460E70 |
| 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 |
| Blackstone INC | 4.19% | 2031-01-29 | 3.50% | XS3281704778 |
| Oldenburgische Landesbank AG | 3.45% | 2032-01-29 | 3.12% | DE000A11QJS1 |
| Sudzucker International Finance B.V. | 4.07% | 2032-01-29 | 4.12% | XS2970728205 |
| Aareal Bank AG | 3.41% | 2033-02-01 | 3.00% | DE000AAR0488 |
| Eurogrid Gmbh | 3.91% | 2034-02-01 | 3.92% | XS2756342122 |
| A2A S.p.A. | 4.02% | 2035-01-30 | 3.62% | XS2986639701 |
| OTP Bank Nyrt | 4.82% | 2036-12-24 | 4.62% | XS3406852536 |
| Deutsche Bank AG | 4.39% | 2039-02-15 | 3.92% | DE000A351264 |
| Booking Holdings INC | 4.87% | 2044-03-01 | 4.00% | XS2777442281 |
| Medtronic Global Holdings SCA | 4.61% | 2049-07-02 | 1.75% | XS2020671157 |
| RWE AG | 4.17% | 2055-06-18 | 4.12% | XS3094762989 |