Euro A–BBB Non-Callable Real Estate / Construction Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-real-estate-construction-non-callable
Euro A–BBB Non-Callable Real Estate / Construction Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.74%, fitted curve 3M–25Y (3.08%–4.78%), 129 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.08% | — |
| 6M | 3.22% | 3.41% |
| 9M | 3.36% | 3.79% |
| 12M | 3.48% | 3.79% |
| 18M | 3.67% | 4.11% |
| 2Y | 3.83% | 4.37% |
| 3Y | 4.10% | 4.72% |
| 4Y | 4.30% | 5.05% |
| 5Y | 4.46% | 5.21% |
| 6Y | 4.56% | 5.26% |
| 7Y | 4.64% | 5.23% |
| 8Y | 4.69% | 5.18% |
| 9Y | 4.72% | 5.11% |
| 10Y | 4.74% | 5.05% |
| 25Y | 4.78% | 4.88% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.83% and the 10-year 4.74%, a 10Y−2Y spread of +91 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 | 3.83% | 3.39% | 3.38% | 3.43% | 3.53% | 3.55% | 2.99% |
| 10Y | 4.74% | 4.36% | 4.18% | 4.20% | 4.21% | 4.30% | 4.12% |
| 10Y − 2Y | +91 bp | +97 bp | +80 bp | +77 bp | +67 bp | +75 bp | +113 bp |
Bonds in this curve
A selection of 30 of the 131 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Argan | 3.13% | 2026-11-17 | 1.01% | FR0014006FB8 |
| Imerys SA | 3.51% | 2027-01-15 | 1.50% | FR0013231768 |
| Fastighets AB Balder | 3.55% | 2027-01-29 | 1.12% | XS2050448336 |
| Klepierre SA | 3.15% | 2027-02-16 | 1.38% | FR0013238045 |
| Unibail-Rodamco-Westfield SE | 3.14% | 2027-02-27 | 1.00% | FR0013405032 |
| Unibail-Rodamco-Westfield SE | 3.30% | 2027-04-28 | 1.12% | XS1401196958 |
| Unibail-Rodamco-Westfield SE | 3.20% | 2027-05-04 | 0.62% | FR0014000UC8 |
| Hammerson PLC | 3.45% | 2027-06-03 | 1.75% | XS2344772426 |
| Icade | 3.64% | 2027-09-13 | 1.50% | FR0013281755 |
| Altarea | 4.17% | 2028-01-17 | 1.88% | FR0013453974 |
| Gecina | 3.63% | 2028-01-26 | 1.38% | FR0013284205 |
| Heimstaden Bostad AB | 4.22% | 2028-07-24 | 1.38% | XS2435611244 |
| Compagnie de Saint-Gobain SA | 3.60% | 2028-09-21 | 1.88% | XS1881593971 |
| Klepierre SA | 3.88% | 2029-05-12 | 2.00% | FR0013512233 |
| Unibail-Rodamco-Westfield SE | 3.81% | 2029-05-29 | 1.50% | XS1619568303 |
| Gecina | 4.09% | 2030-03-14 | 1.62% | FR0013322989 |
| Unibail-Rodamco-Westfield SE | 3.97% | 2030-04-09 | 2.62% | FR0013506821 |
| Compagnie de Saint-Gobain SA | 3.99% | 2031-03-15 | 1.88% | XS1962571011 |
| Akelius Residential Property AB | 4.57% | 2031-03-25 | 3.95% | XS3310459931 |
| Unibail-Rodamco-Westfield SE | 4.28% | 2032-03-29 | 0.88% | FR0013456621 |
| Hammerson PLC | 4.51% | 2032-04-15 | 3.50% | XS3193892703 |
| Compagnie de Saint-Gobain SA | 4.79% | 2033-03-28 | 3.88% | XS0906397491 |
| Unibail-Rodamco-Westfield SE | 4.47% | 2033-04-21 | 3.88% | FR0014016I12 |
| Prologis Euro Finance LLC | 4.37% | 2034-05-05 | 4.00% | XS2810794680 |
| Gecina | 4.66% | 2034-05-29 | 1.62% | FR0013422227 |
| Heidelberg Materials AG | 4.58% | 2035-07-18 | 4.00% | XS3379436598 |
| Gecina | 4.46% | 2035-08-04 | 3.38% | FR0014011PT9 |
| Unibail-Rodamco-Westfield SE | 4.62% | 2036-04-28 | 2.00% | XS1401197253 |
| Gecina | 4.60% | 2036-06-30 | 0.88% | FR00140049A8 |
| Unibail-Rodamco-Westfield SE | 5.25% | 2049-07-01 | 1.75% | FR0013431715 |