Euro A–BBB Utilities & Power Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-utilities-power
Euro A–BBB Utilities & Power Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.10%, fitted curve 1M–30Y (3.02%–4.74%), 409 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.02% | — |
| 3M | 3.05% | 3.06% |
| 6M | 3.08% | 3.11% |
| 9M | 3.11% | 3.18% |
| 12M | 3.15% | 3.25% |
| 18M | 3.22% | 3.35% |
| 2Y | 3.28% | 3.49% |
| 3Y | 3.42% | 3.68% |
| 4Y | 3.54% | 3.92% |
| 5Y | 3.66% | 4.14% |
| 6Y | 3.77% | 4.33% |
| 7Y | 3.88% | 4.50% |
| 8Y | 3.97% | 4.62% |
| 9Y | 4.05% | 4.67% |
| 10Y | 4.10% | 4.63% |
| 15Y | 4.49% | 5.25% |
| 20Y | 4.74% | 5.50% |
| 25Y | 4.74% | 4.77% |
| 30Y | 4.63% | 4.04% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.28% and the 10-year 4.10%, a 10Y−2Y spread of +82 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 | 3.28% | 3.04% | 3.12% | 3.08% | 3.25% | 2.62% | 2.65% |
| 10Y | 4.10% | 3.87% | 3.96% | 4.04% | 4.13% | 3.69% | 3.88% |
| 10Y − 2Y | +82 bp | +84 bp | +84 bp | +96 bp | +88 bp | +107 bp | +123 bp |
Bonds in this curve
A selection of 30 of the 424 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Italgas SPA | 3.64% | 2026-08-28 | 1.75% | XS1571982468 |
| Enel | 2.52% | 2026-09-16 | 1.12% | XS1750986744 |
| Electricite de France SA | 2.25% | 2026-10-13 | 1.00% | FR0013213295 |
| Hera S.p.A. | 4.03% | 2026-10-14 | 0.88% | XS1504194173 |
| Electricite de France SA | 3.11% | 2027-01-12 | 3.88% | FR001400D6M2 |
| Italgas SPA | 3.25% | 2027-01-19 | 1.62% | XS1551917591 |
| Veolia Environnement SA | 2.55% | 2027-03-30 | 4.62% | FR0011224963 |
| Teollisuuden Voima OYJ | 2.97% | 2027-03-31 | 2.62% | XS2463934864 |
| Enel | 3.07% | 2027-06-17 | 0.25% | XS2353182020 |
| Engie SA | 2.87% | 2027-06-21 | 0.38% | FR0013428489 |
| Veolia Environnement SA | 3.00% | 2028-01-10 | 1.59% | FR0012663169 |
| REN Finance BV | 3.03% | 2028-01-18 | 1.75% | XS1753814737 |
| Veolia Environnement SA | 3.10% | 2028-05-19 | 1.25% | FR0013173432 |
| Tennet Holding BV | 2.88% | 2028-06-05 | 1.38% | XS1828037587 |
| Eurogrid Gmbh | 3.35% | 2029-02-01 | 3.60% | XS2756341314 |
| Italgas SPA | 3.42% | 2029-02-08 | 3.12% | XS2760773411 |
| Orsted A/S | 3.65% | 2030-03-01 | 3.75% | XS2591029876 |
| Cadent Finance PLC | 3.60% | 2030-03-19 | 0.62% | XS2320438653 |
| Enel | 3.58% | 2031-02-20 | 4.00% | XS2589260723 |
| Enel | 3.58% | 2031-02-24 | 3.00% | XS3008889092 |
| Terna Rete Elettrica Nazionale SPA | 3.64% | 2032-02-17 | 3.12% | XS3003427872 |
| REN Finance BV | 3.78% | 2032-02-27 | 3.50% | XS2771494940 |
| Italgas SPA | 3.84% | 2033-02-16 | 0.50% | XS2299002423 |
| Eurogrid Gmbh | 3.91% | 2034-02-01 | 3.92% | XS2756342122 |
| A2A S.p.A. | 4.02% | 2035-01-30 | 3.62% | XS2986639701 |
| Fluvius System Operator | 4.02% | 2036-02-16 | 3.75% | BE0390294636 |
| Statkraft AS | 4.01% | 2039-03-22 | 3.75% | XS2779793061 |
| Engie SA | 4.64% | 2044-03-06 | 4.25% | FR001400OJE3 |
| Electricite de France SA | 5.12% | 2049-12-09 | 2.00% | FR0013465424 |
| RWE AG | 4.17% | 2055-06-18 | 4.12% | XS3094762989 |