Spain A–BBB Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-spain-callable
Spain A–BBB Callable Corporate Bond Yields (EUR) as of 2026-07-27: 9Y at 4.24%, fitted curve 3M–15Y (2.84%–4.65%), 71 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 2.84% | — |
| 9M | 3.00% | 3.08% |
| 12M | 3.08% | 3.32% |
| 18M | 3.21% | 3.47% |
| 2Y | 3.30% | 3.59% |
| 3Y | 3.46% | 3.78% |
| 4Y | 3.61% | 4.06% |
| 5Y | 3.76% | 4.33% |
| 6Y | 3.89% | 4.57% |
| 7Y | 4.02% | 4.78% |
| 8Y | 4.13% | 4.95% |
| 9Y | 4.24% | 5.09% |
| 15Y | 4.65% | 5.28% |
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 ago2026-03-30 | 5m ago2026-02-17 | 6m ago2026-01-27 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.30% | 3.12% | 3.20% | 3.15% | 3.26% | 2.73% | 2.64% |
| 10Y | — | 4.17% | 4.30% | 4.31% | 4.33% | 3.89% | 4.15% |
| 10Y − 2Y | — | +105 bp | +110 bp | +116 bp | +107 bp | +116 bp | +151 bp |
Bonds in this curve
A selection of 30 of the 73 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Cellnex Finance Company SA | 2.87% | 2026-11-15 | 0.75% | XS2300292617 |
| FCC Servicios Medio Ambiente Holding S.A. | 2.94% | 2026-12-04 | 1.66% | XS2081500907 |
| Cellnex Finance Company SA | 2.92% | 2027-04-20 | 1.00% | XS2102934697 |
| Telefonica Emisiones SAU | 3.22% | 2027-08-21 | 1.20% | XS2177441990 |
| Iberdrola | 2.83% | 2027-09-13 | 1.25% | XS1682538183 |
| Cellnex Finance Company SA | 3.37% | 2027-09-15 | 1.00% | XS2385393405 |
| Banco Santander SA | 3.48% | 2028-01-09 | 3.50% | XS2743029253 |
| Telefonica Emisiones SAU | 2.92% | 2028-01-12 | 1.72% | XS1681521081 |
| Naturgy Finance Iberia S.A. | 3.06% | 2028-01-29 | 1.50% | XS1755428502 |
| Werfen SA/Spain | 3.67% | 2028-06-06 | 4.62% | XS2630465875 |
| Cellnex Finance Company SA | 3.26% | 2028-06-08 | 1.50% | XS2348237871 |
| Banco Santander SA | 3.36% | 2028-08-25 | 3.53% | XS2525226622 |
| Banco de Sabadell SA | 4.07% | 2029-02-07 | 5.25% | XS2583203950 |
| Telefonica Emisiones SAU | 3.19% | 2029-03-12 | 1.79% | XS1961772560 |
| Abertis Infraestructuras SA | 3.40% | 2029-03-29 | 2.25% | XS2195092601 |
| Telefonica Emisiones SAU | 3.43% | 2030-02-03 | 0.66% | XS2112289207 |
| Abertis Infraestructuras SA | 3.63% | 2030-03-18 | 4.25% | XS2577384691 |
| Mapfre SA | 3.73% | 2030-04-13 | 2.88% | ES0224244105 |
| Abertis Infraestructuras SA | 3.53% | 2031-03-27 | 3.00% | XS1967636199 |
| Telefonica Emisiones SAU | 3.60% | 2031-05-25 | 2.59% | XS2484587048 |
| Telefonica Emisiones SAU | 3.85% | 2032-05-21 | 1.81% | XS2177442295 |
| Cellnex Finance Company SA | 3.89% | 2032-09-15 | 2.00% | XS2385393587 |
| Cellnex Finance Company SA | 3.85% | 2033-02-15 | 2.00% | XS2300293003 |
| Repsol SA | 3.76% | 2033-07-06 | 0.88% | XS2361358539 |
| Banco Santander SA | 4.60% | 2034-04-22 | 5.00% | XS2751667150 |
| Banco de Sabadell SA | 4.62% | 2034-06-27 | 5.12% | XS2791973642 |
| Aena SME SA | 3.91% | 2036-01-22 | 3.50% | ES0205046016 |
| Telefonica Emisiones SAU | 4.40% | 2036-01-24 | 4.05% | XS2753311393 |
| Telefonica Emisiones SAU | 4.57% | 2039-07-01 | 1.96% | XS2020583618 |
| Telefonica Emisiones SAU | 4.74% | 2040-07-13 | 1.86% | XS2197675288 |