Germany A–BBB Real Estate / Construction Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-real-estate-construction-germany
Germany A–BBB Real Estate / Construction Corporate Bond Yields (EUR) as of 2026-07-27: 9Y at 4.50%, fitted curve 6M–25Y (3.03%–5.16%), 45 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 3.03% | — |
| 12M | 3.14% | 3.25% |
| 18M | 3.25% | 3.47% |
| 2Y | 3.36% | 3.68% |
| 3Y | 3.57% | 3.98% |
| 4Y | 3.76% | 4.35% |
| 5Y | 3.94% | 4.67% |
| 6Y | 4.11% | 4.93% |
| 7Y | 4.25% | 5.14% |
| 8Y | 4.38% | 5.30% |
| 9Y | 4.50% | 5.42% |
| 15Y | 4.91% | 5.52% |
| 25Y | 5.16% | 5.53% |
2Y, 10Y and the 10Y−2Y spread over time
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 ago2026-03-27 | 5m ago— | 6m ago2026-01-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.36% | 3.08% | 3.25% | 3.16% | 3.07% | — | 2.67% |
| 10Y | — | 4.23% | 4.33% | 4.40% | 4.48% | — | 4.19% |
| 10Y − 2Y | — | +115 bp | +109 bp | +124 bp | +141 bp | — | +151 bp |
Bonds in this curve
A selection of 30 of the 49 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| D.V.I. Deutsche Vermogens- und Immobilienverwaltungs Gmbh | 3.50% | 2027-01-25 | 2.50% | XS2431964001 |
| Vonovia SE | 2.52% | 2027-01-25 | 1.75% | DE000A19B8E2 |
| Vonovia SE | 3.05% | 2027-06-16 | 0.38% | DE000A3E5MG8 |
| Hochtief AG | 2.72% | 2027-09-03 | 0.50% | DE000A2YN2U2 |
| Vonovia SE | 2.98% | 2027-10-07 | 0.62% | DE000A2R8ND3 |
| LEG Immobilien SE | 3.29% | 2027-11-28 | 0.88% | DE000A254P51 |
| Vonovia SE | 3.19% | 2028-01-14 | 1.50% | DE000A19UR79 |
| Vonovia SE | 3.31% | 2028-06-28 | 1.88% | DE000A3MQS64 |
| Vonovia SE | 3.39% | 2028-09-01 | 0.25% | DE000A3MP4U9 |
| LEG Immobilien SE | 3.84% | 2029-01-17 | 0.88% | DE000A3MQNP4 |
| Hochtief AG | 3.37% | 2029-04-26 | 0.62% | DE000A3E5S00 |
| Vonovia SE | 3.30% | 2029-09-14 | 0.50% | DE000A2R7JD3 |
| Vonovia SE | 3.67% | 2029-12-14 | 0.62% | DE000A3E5MH6 |
| TAG Immobilien AG | 3.85% | 2030-03-04 | 4.25% | DE000A383QV2 |
| Vonovia SE | 3.70% | 2030-04-07 | 2.25% | DE000A28VQD2 |
| Deutsche Wohnen SE | 3.90% | 2030-04-30 | 1.50% | DE000A289NF1 |
| Vonovia SE | 3.98% | 2031-03-24 | 0.62% | DE000A3E5FR9 |
| Deutsche Wohnen SE | 4.00% | 2031-04-07 | 0.50% | DE000A3H25P4 |
| Deutsche Wohnen SE | 4.09% | 2031-06-03 | 1.62% | XS2004871179 |
| TAG Immobilien AG | 4.19% | 2032-03-03 | 3.62% | DE000A4DFWM2 |
| Vonovia SE | 3.98% | 2032-03-25 | 2.38% | DE000A3MQS72 |
| Vonovia SE | 4.06% | 2032-09-01 | 0.75% | DE000A3MP4V7 |
| LEG Immobilien SE | 4.27% | 2033-03-30 | 0.88% | DE000A3H3JU7 |
| Vonovia SE | 4.19% | 2033-06-16 | 1.00% | DE000A3E5MJ2 |
| Vonovia SE | 4.28% | 2034-04-10 | 4.25% | DE000A3829J7 |
| Hochtief AG | 4.12% | 2034-04-15 | 4.00% | DE000A46ZW17 |
| Heidelberg Materials AG | 4.12% | 2035-07-18 | 4.00% | XS3379436598 |
| Vonovia SE | 4.71% | 2039-10-07 | 1.62% | DE000A2R8NE1 |
| Vonovia SE | 4.85% | 2041-01-28 | 1.00% | DE000A287179 |
| Vonovia SE | 5.16% | 2051-09-01 | 1.62% | DE000A3MP4W5 |