Germany A–BBB Utilities & Power Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-utilities-power-germany
Germany A–BBB Utilities & Power Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.53%, fitted curve 12M–20Y (3.42%–5.00%), 48 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 3.42% | — |
| 18M | 3.53% | 3.80% |
| 2Y | 3.64% | 4.01% |
| 3Y | 3.80% | 4.19% |
| 4Y | 3.93% | 4.40% |
| 5Y | 4.05% | 4.63% |
| 6Y | 4.16% | 4.86% |
| 7Y | 4.27% | 5.07% |
| 8Y | 4.36% | 5.25% |
| 9Y | 4.45% | 5.42% |
| 10Y | 4.53% | 5.56% |
| 15Y | 4.84% | 5.82% |
| 20Y | 5.00% | 5.96% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.64% and the 10-year 4.53%, a 10Y−2Y spread of +89 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 | 3.64% | 3.28% | 3.20% | 3.23% | 3.19% | 3.16% | 2.94% |
| 10Y | 4.53% | 4.18% | 4.08% | 4.04% | 4.11% | 4.06% | 3.99% |
| 10Y − 2Y | +89 bp | +89 bp | +88 bp | +81 bp | +92 bp | +89 bp | +105 bp |
Bonds in this curve
A selection of 30 of the 48 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Amprion GmbH | 3.42% | 2027-09-22 | 3.45% | DE000A30VPL3 |
| Vier GAS Transport Gmbh | 3.54% | 2027-09-26 | 4.00% | XS2535724772 |
| Eurogrid Gmbh | 3.48% | 2027-10-18 | 3.08% | XS2919679816 |
| E.ON SE | 3.43% | 2028-02-20 | 0.75% | XS2177580250 |
| Eurogrid Gmbh | 3.46% | 2028-04-18 | 1.50% | XS1396285279 |
| EWE AG | 3.72% | 2028-06-08 | 0.25% | DE000A3E5L98 |
| Amprion GmbH | 3.74% | 2028-09-07 | 3.88% | DE000A3514E6 |
| Vier GAS Transport Gmbh | 3.69% | 2028-09-25 | 1.50% | XS1882681452 |
| E.ON SE | 3.42% | 2028-12-19 | 0.10% | XS2288948859 |
| EEW Energy From Waste Gmbh | 4.38% | 2029-06-24 | 3.88% | XS3385465482 |
| Amprion GmbH | 3.90% | 2029-09-30 | 2.75% | DE000A460N20 |
| Eurogrid Gmbh | 3.75% | 2029-10-16 | 2.89% | XS3201899856 |
| Eurogrid Gmbh | 3.96% | 2030-04-27 | 3.72% | XS2615183501 |
| Tennet Gmbh & CO KG | 3.92% | 2030-07-15 | 3.25% | XS3433863621 |
| Amprion GmbH | 3.93% | 2030-08-27 | 3.12% | DE000A383QQ2 |
| Amprion GmbH | 4.05% | 2031-05-21 | 3.62% | DE000A383BP6 |
| E.ON SE | 3.86% | 2031-08-20 | 0.88% | XS2177580508 |
| Eurogrid Gmbh | 4.17% | 2032-05-15 | 1.11% | XS2171713006 |
| Amprion GmbH | 4.20% | 2032-09-22 | 3.97% | DE000A30VPM1 |
| Eurogrid Gmbh | 4.24% | 2033-04-21 | 0.74% | XS2333297625 |
| Vier GAS Transport Gmbh | 4.26% | 2033-09-08 | 3.62% | XS3170345980 |
| EWE AG | 4.28% | 2034-05-28 | 3.88% | DE000A46ZXA7 |
| Tennet Gmbh & CO KG | 4.18% | 2034-07-15 | 3.62% | XS3433863977 |
| Eurogrid Gmbh | 4.41% | 2035-10-18 | 3.73% | XS2919680236 |
| Amprion GmbH | 4.49% | 2036-06-05 | 3.88% | DE000A4DFUF0 |
| Eurogrid Gmbh | 4.56% | 2037-05-28 | 4.06% | XS3077380825 |
| Amprion GmbH | 4.77% | 2039-08-27 | 3.85% | DE000A383QR0 |
| Amprion GmbH | 4.84% | 2040-09-30 | 4.00% | DE000A460N38 |
| Amprion GmbH | 4.97% | 2044-05-21 | 4.00% | DE000A383BQ4 |
| Amprion GmbH | 5.09% | 2046-01-15 | 4.58% | DE000A460EZ5 |