Spain 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-spain-non-callable
Spain A–BBB Non-Callable Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 3.99%, fitted curve 3M–10Y (2.56%–3.99%), 114 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 2.56% | — |
| 6M | 2.75% | 2.95% |
| 9M | 2.88% | 3.14% |
| 12M | 2.97% | 3.22% |
| 18M | 3.08% | 3.32% |
| 2Y | 3.18% | 3.48% |
| 3Y | 3.36% | 3.72% |
| 4Y | 3.52% | 3.98% |
| 5Y | 3.65% | 4.17% |
| 6Y | 3.75% | 4.28% |
| 7Y | 3.83% | 4.33% |
| 8Y | 3.90% | 4.35% |
| 9Y | 3.95% | 4.34% |
| 10Y | 3.99% | 4.32% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.18% and the 10-year 3.99%, a 10Y−2Y spread of +80 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 | 3.18% | 2.93% | 3.05% | 3.02% | 3.04% | 2.55% | 2.59% |
| 10Y | 3.99% | 3.73% | 3.84% | 3.97% | 4.07% | 3.61% | 3.71% |
| 10Y − 2Y | +80 bp | +80 bp | +79 bp | +95 bp | +102 bp | +106 bp | +113 bp |
Bonds in this curve
A selection of 30 of the 119 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Caixabank SA | 2.64% | 2026-11-12 | 1.12% | ES0213307061 |
| Banco Santander SA | 3.00% | 2026-11-14 | 0.50% | XS2078692105 |
| Repsol SA | 2.43% | 2026-12-10 | 2.25% | XS1148073205 |
| Banco Santander SA | 2.73% | 2027-01-14 | 0.50% | XS2432530637 |
| Banco Santander SA | 2.84% | 2027-02-04 | 0.50% | XS2113889351 |
| Redeia Corporacion SA | 2.79% | 2027-03-13 | 1.25% | XS1788586375 |
| Banco Santander SA | 3.03% | 2027-05-04 | 4.62% | ES0413900160 |
| Abertis Infraestructuras SA | 3.16% | 2027-05-04 | 2.50% | FR0013510823 |
| Banco Santander SA | 3.00% | 2027-06-23 | 1.12% | XS2194370727 |
| Repsol SA | 3.09% | 2027-08-02 | 0.25% | XS2035620710 |
| Abertis Infraestructuras SA | 3.05% | 2027-11-27 | 1.62% | FR0013298676 |
| Caixabank SA | 2.92% | 2028-01-17 | 1.00% | ES0440609396 |
| Banco Santander SA | 3.23% | 2028-05-05 | 4.12% | XS2618690981 |
| Redeia Corporacion SA | 3.11% | 2028-07-24 | 0.38% | XS2103013210 |
| Caja Rural de Navarra | 3.24% | 2029-02-16 | 0.75% | ES0415306093 |
| Banco Santander SA | 3.30% | 2029-04-02 | 3.25% | XS2908735504 |
| Banco Santander SA | 3.47% | 2030-02-16 | 2.96% | XS3295829140 |
| Banco Santander SA | 3.50% | 2030-03-25 | 3.35% | XS3032020136 |
| Criteria Caixa SA | 3.73% | 2031-02-25 | 3.25% | XS3007624417 |
| Bbva | 3.46% | 2031-03-26 | 3.50% | XS2790910272 |
| Caixabank SA | 3.81% | 2032-02-09 | 4.12% | XS2764459363 |
| Werfen SA/Spain | 3.99% | 2032-02-12 | 3.62% | XS3090952519 |
| Banco de Sabadell SA | 3.75% | 2033-02-18 | 3.38% | XS3004055177 |
| Telefonica Emisiones SAU | 4.08% | 2033-05-02 | 3.71% | XS3285006634 |
| Banco Santander SA | 4.04% | 2034-02-16 | 3.65% | XS3295826559 |
| Iberdrola | 3.76% | 2034-07-18 | 3.62% | XS2861000235 |
| Banco Santander SA | 3.93% | 2035-02-17 | 3.50% | XS3002233628 |
| Iberdrola | 3.80% | 2035-05-16 | 3.50% | XS3072230744 |
| Caixabank SA | 3.40% | 2036-03-24 | 4.12% | ES0414950644 |
| Caixabank SA | 4.09% | 2037-01-20 | 3.88% | XS3261883105 |