Euro AAA–AA Callable Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-aaa-aa-banks-callable
Euro AAA–AA Callable Banks Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.34%, fitted curve 1M–40Y (3.08%–4.49%), 1077 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.08% | — |
| 3M | 3.12% | 3.14% |
| 6M | 3.21% | 3.36% |
| 9M | 3.33% | 3.71% |
| 12M | 3.44% | 3.71% |
| 18M | 3.57% | 3.88% |
| 2Y | 3.64% | 3.88% |
| 3Y | 3.74% | 4.01% |
| 4Y | 3.85% | 4.24% |
| 5Y | 3.96% | 4.48% |
| 6Y | 4.06% | 4.69% |
| 7Y | 4.15% | 4.84% |
| 8Y | 4.23% | 4.94% |
| 9Y | 4.29% | 4.98% |
| 10Y | 4.34% | 4.98% |
| 15Y | 4.46% | 4.86% |
| 20Y | 4.49% | 4.66% |
| 25Y | 4.49% | 4.58% |
| 30Y | 4.49% | 4.55% |
| 40Y | 4.49% | 4.54% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.64% and the 10-year 4.34%, a 10Y−2Y spread of +70 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% | 3.21% | 3.09% | 3.16% | 3.18% | 3.13% | 2.87% |
| 10Y | 4.34% | 3.93% | 3.89% | 3.94% | 3.89% | 3.91% | 3.76% |
| 10Y − 2Y | +70 bp | +72 bp | +80 bp | +78 bp | +71 bp | +78 bp | +88 bp |
Bonds in this curve
A selection of 30 of the 1086 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Helaba | 2.55% | 2026-10-19 | 0.95% | DE000HLB2KE2 |
| DZ Bank AG | 2.75% | 2026-11-04 | 0.25% | DE000DDA0U16 |
| Nord/LB | 5.69% | 2026-11-13 | 0.40% | DE000NLB3DM0 |
| DZ Bank AG | 2.79% | 2026-11-18 | 0.32% | DE000DDA0U81 |
| Helaba | 3.25% | 2027-01-28 | 0.05% | DE000HLB2441 |
| Nord/LB | 4.30% | 2027-02-09 | 0.20% | DE000NLB3PE1 |
| DZ Bank AG | 3.16% | 2027-05-03 | 0.85% | DE000DFK0QS4 |
| Nordea Bank | 3.04% | 2027-05-14 | 0.50% | XS2171874519 |
| DZ Bank AG | 3.29% | 2027-08-02 | 2.00% | DE000DFK0TQ2 |
| DZ Bank AG | 3.29% | 2027-08-02 | 1.65% | DE000DFK0TX8 |
| Dekabank Deutsche Girozentrale | 3.50% | 2027-12-15 | 3.33% | DE000DK011V7 |
| Helaba | 3.57% | 2028-01-05 | 0.30% | DE000HLB29X6 |
| Helaba | 3.74% | 2028-06-12 | 0.05% | DE000HLB20D7 |
| Helaba | 3.73% | 2028-06-16 | 2.00% | DE000HEL0P01 |
| DZ Bank AG | 3.59% | 2029-03-13 | 2.55% | DE000DJ9AUD8 |
| DNB Bank ASA | 3.72% | 2029-03-14 | 4.00% | XS2597696124 |
| Jpmorgan Chase & CO | 3.36% | 2030-03-23 | 1.96% | XS2461234622 |
| DZ Bank AG | 3.67% | 2030-03-25 | 0.42% | DE000DDA0XS4 |
| DZ Bank AG | 3.75% | 2031-03-12 | 0.50% | DE000DDA0XJ3 |
| DZ Bank AG | 3.69% | 2031-03-12 | 0.30% | DE000DFK0H74 |
| DZ Bank AG | 3.82% | 2032-03-12 | 0.50% | DE000DFK0H66 |
| Helaba | 4.28% | 2033-03-18 | 3.00% | DE000HEL0H35 |
| DZ Bank AG | 3.98% | 2034-03-13 | 3.02% | DE000DP9BGM8 |
| Helaba | 4.39% | 2035-03-12 | 0.85% | DE000HLB2SF2 |
| Nord/LB | 4.76% | 2036-03-12 | 0.70% | DE000NLB3P02 |
| Helaba | 4.76% | 2039-03-28 | 4.00% | DE000HLB55S1 |
| Dekabank Deutsche Girozentrale | 4.60% | 2044-05-23 | 2.89% | DE000DK0CH80 |
| Helaba | 4.19% | 2049-12-10 | 1.24% | DE000HLB4YE9 |
| DZ Bank AG | 4.33% | 2054-10-08 | 3.51% | DE000DJ9APQ0 |
| Helaba | 4.49% | 2063-09-06 | 3.83% | DE000HLB43Y5 |