Italy A–BBB Callable 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-italy-callable
Italy A–BBB Callable Utilities & Power Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.42%, fitted curve 9M–10Y (3.42%–4.42%), 46 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 3.42% | — |
| 12M | 3.47% | 3.54% |
| 18M | 3.56% | 3.79% |
| 2Y | 3.65% | 3.97% |
| 3Y | 3.82% | 4.22% |
| 4Y | 3.97% | 4.50% |
| 5Y | 4.09% | 4.70% |
| 6Y | 4.19% | 4.83% |
| 7Y | 4.27% | 4.91% |
| 8Y | 4.34% | 4.94% |
| 10Y | 4.42% | 4.93% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.65% and the 10-year 4.42%, a 10Y−2Y spread of +78 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 ago2026-07-17 |
|---|---|---|---|
| 2Y | 3.65% | 3.20% | 3.15% |
| 10Y | 4.42% | 4.03% | 4.11% |
| 10Y − 2Y | +78 bp | +83 bp | +96 bp |
Bonds in this curve
A selection of 30 of the 46 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Enel | 3.14% | 2027-06-17 | 0.25% | XS2353182020 |
| Hera S.p.A. | 3.50% | 2027-07-05 | 0.88% | XS2020608548 |
| A2A S.p.A. | 3.52% | 2027-10-19 | 1.62% | XS1701884204 |
| Snam SPA | 3.14% | 2027-10-25 | 1.38% | XS1700721464 |
| Iren SPA | 3.48% | 2027-10-24 | 1.50% | XS1704789590 |
| Snam SPA | 3.62% | 2028-02-19 | 3.38% | XS2767499275 |
| A2A S.p.A. | 3.19% | 2028-03-16 | 1.50% | XS2457496359 |
| Alperia SPA | 4.27% | 2028-07-05 | 5.70% | XS2641794081 |
| Italgas SPA | 3.71% | 2029-02-08 | 3.12% | XS2760773411 |
| Terna Rete Elettrica Nazionale SPA | 3.80% | 2029-04-21 | 3.62% | XS2607193435 |
| Hera S.p.A. | 3.64% | 2029-05-25 | 2.50% | XS2485360981 |
| Alperia SPA | 4.01% | 2029-06-05 | 4.75% | IT0005595373 |
| A2A S.p.A. | 3.82% | 2029-07-16 | 1.00% | XS2026150313 |
| Enel | 3.86% | 2030-06-17 | 0.75% | XS2353182293 |
| Iren SPA | 4.04% | 2030-07-01 | 1.00% | XS2197356186 |
| Dolomiti Energia Holding SPA | 3.56% | 2030-10-09 | 3.50% | IT0005669400 |
| Hera S.p.A. | 3.97% | 2030-12-03 | 0.25% | XS2265990452 |
| A2A S.p.A. | 4.08% | 2031-07-15 | 0.62% | XS2364001078 |
| Terna Rete Elettrica Nazionale SPA | 3.89% | 2031-07-22 | 3.00% | XS3128477521 |
| CDP Reti S.p.A. | 4.01% | 2031-09-04 | 3.88% | IT0005611139 |
| Italgas SPA | 4.17% | 2032-04-16 | 3.62% | IT0005704207 |
| A2A S.p.A. | 4.17% | 2032-05-24 | 3.25% | XS3238204062 |
| Hera S.p.A. | 4.20% | 2032-06-04 | 3.50% | XS3350935774 |
| Hera S.p.A. | 4.20% | 2033-04-20 | 4.25% | XS2613472963 |
| Enel | 4.18% | 2033-05-26 | 3.88% | XS3358330820 |
| Terna Rete Elettrica Nazionale SPA | 4.23% | 2033-07-24 | 3.88% | XS2655852726 |
| Hera S.p.A. | 4.25% | 2034-04-25 | 1.00% | XS2399933386 |
| Snam SPA | 4.29% | 2034-09-12 | 1.00% | XS2051660509 |
| Enel | 4.33% | 2034-09-28 | 0.88% | XS2390400807 |
| Enel | 4.40% | 2036-06-17 | 0.88% | XS2353182376 |