Italy A–BBB Utilities & Power Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-a-bbb-utilities-power-italy
Italy A–BBB Utilities & Power Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.49%, fitted curve 1M–10Y (3.62%–4.49%), 68 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.62% | — |
| 3M | 3.63% | 3.64% |
| 9M | 3.67% | 3.75% |
| 12M | 3.69% | 3.76% |
| 18M | 3.73% | 3.86% |
| 2Y | 3.78% | 3.97% |
| 3Y | 3.89% | 4.18% |
| 4Y | 4.02% | 4.47% |
| 5Y | 4.14% | 4.75% |
| 6Y | 4.25% | 4.94% |
| 7Y | 4.34% | 5.03% |
| 8Y | 4.41% | 5.04% |
| 10Y | 4.49% | 4.97% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.78% and the 10-year 4.49%, a 10Y−2Y spread of +71 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.78% | 3.34% | 3.22% | 3.19% | 3.22% | 3.15% | 2.89% |
| 10Y | 4.49% | 4.04% | 4.08% | 4.02% | 4.12% | 4.01% | 3.97% |
| 10Y − 2Y | +71 bp | +70 bp | +85 bp | +83 bp | +89 bp | +86 bp | +108 bp |
Bonds in this curve
A selection of 30 of the 68 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Hera S.p.A. | 6.69% | 2026-10-14 | 0.88% | XS1504194173 |
| Snam SPA | 4.86% | 2026-10-25 | 0.88% | XS1505573482 |
| Snam SPA | 4.64% | 2026-12-05 | 3.38% | XS2562879192 |
| Italgas SPA | 3.55% | 2027-01-19 | 1.62% | XS1551917591 |
| Enel | 3.25% | 2027-06-17 | 0.25% | XS2353182020 |
| Enel | 3.45% | 2027-06-21 | 5.62% | XS0306646042 |
| Hera S.p.A. | 3.55% | 2027-07-05 | 0.88% | XS2020608548 |
| A2A S.p.A. | 3.62% | 2027-10-19 | 1.62% | XS1701884204 |
| Iren SPA | 3.54% | 2027-10-24 | 1.50% | XS1704789590 |
| Snam SPA | 3.52% | 2027-10-25 | 1.38% | XS1700721464 |
| Hera S.p.A. | 3.90% | 2028-01-29 | 5.20% | XS0880764435 |
| Snam SPA | 3.78% | 2028-02-19 | 3.38% | XS2767499275 |
| A2A S.p.A. | 3.19% | 2028-03-16 | 1.50% | XS2457496359 |
| Alperia SPA | 4.40% | 2028-07-05 | 5.70% | XS2641794081 |
| Terna Rete Elettrica Nazionale SPA | 3.38% | 2028-10-11 | 1.00% | XS1503131713 |
| Italgas SPA | 3.83% | 2029-01-18 | 1.62% | XS1685542497 |
| Terna Rete Elettrica Nazionale SPA | 3.81% | 2029-04-21 | 3.62% | XS2607193435 |
| Alperia SPA | 4.01% | 2029-06-05 | 4.75% | IT0005595373 |
| Terna Rete Elettrica Nazionale SPA | 4.16% | 2029-06-23 | 0.38% | XS2357205587 |
| Italgas SPA | 3.96% | 2030-04-24 | 0.88% | XS2032727310 |
| Enel | 4.01% | 2030-05-26 | 3.50% | XS3358330663 |
| Snam SPA | 4.04% | 2031-06-30 | 0.62% | XS2358231798 |
| A2A S.p.A. | 4.13% | 2031-07-15 | 0.62% | XS2364001078 |
| Italgas SPA | 4.28% | 2032-04-16 | 3.62% | IT0005704207 |
| A2A S.p.A. | 4.18% | 2032-05-24 | 3.25% | XS3238204062 |
| Hera S.p.A. | 4.30% | 2033-04-20 | 4.25% | XS2613472963 |
| Enel | 4.30% | 2033-05-26 | 3.88% | XS3358330820 |
| Hera S.p.A. | 4.37% | 2034-04-25 | 1.00% | XS2399933386 |
| Snam SPA | 4.34% | 2034-06-20 | 1.25% | XS2433226854 |
| Enel | 4.50% | 2036-06-17 | 0.88% | XS2353182376 |