Australia Non-Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-08-20
https://bondscovery.com/yield-curve/eur-corporate-australia-non-callable
Australia Non-Callable Corporate Bond Yields (EUR) as of 2026-08-20: 10Y at 4.25%, fitted curve 1M–10Y (2.85%–4.25%), 38 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.85% | — |
| 6M | 2.91% | 2.92% |
| 9M | 2.95% | 3.03% |
| 12M | 2.99% | 3.11% |
| 18M | 3.08% | 3.24% |
| 2Y | 3.16% | 3.43% |
| 3Y | 3.35% | 3.72% |
| 4Y | 3.53% | 4.09% |
| 5Y | 3.71% | 4.41% |
| 6Y | 3.86% | 4.65% |
| 7Y | 4.00% | 4.79% |
| 8Y | 4.10% | 4.86% |
| 9Y | 4.19% | 4.87% |
| 10Y | 4.25% | 4.84% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.16% and the 10-year 4.25%, a 10Y−2Y spread of +109 bp — positively sloped — as of 2026-08-20. 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 | Latest2026-08-20 |
|---|---|
| 2Y | 3.16% |
| 10Y | 4.25% |
| 10Y − 2Y | +109 bp |
Yields by rating group
The same curve split by credit quality: 37 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.30%, A+ to BBB- 3.99%.
Bonds in this curve
A selection of 30 of the 38 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Australia & NEW Zealand Banking Group LD | 2.59% | 2026-09-29 | 0.75% | XS1496758092 |
| Macquarie Group LTD | 2.82% | 2027-02-03 | 0.62% | XS2105735935 |
| Westpac Banking Corporation | 3.60% | 2027-04-17 | 0.88% | XS1506398244 |
| Westpac Banking Corporation | 2.97% | 2027-09-05 | 1.12% | XS1676933853 |
| BHP Group Limited | 3.12% | 2027-09-24 | 3.25% | XS0834385923 |
| Commonwealth Bank of Australia | 3.01% | 2028-01-18 | 1.12% | XS1750349190 |
| Macquarie Group LTD | 3.23% | 2028-03-03 | 0.35% | XS2265371042 |
| National Australia Bank Limited | 3.21% | 2028-05-24 | 2.12% | XS2484111047 |
| Westpac Banking Corporation | 3.14% | 2028-07-17 | 1.45% | XS1856797219 |
| National Australia Bank Limited | 3.21% | 2028-08-30 | 1.38% | XS1872032799 |
| Telstra Group Limited | 3.33% | 2029-03-26 | 1.38% | XS1966038249 |
| Westpac Banking Corporation | 3.30% | 2030-01-17 | 3.80% | XS2575952937 |
| Macquarie Group LTD | 3.70% | 2030-01-23 | 4.75% | XS2723556572 |
| National Australia Bank Limited | 3.46% | 2030-02-28 | 3.12% | XS2888621922 |
| Westpac Banking Corporation | 3.39% | 2030-03-01 | 3.04% | XS3413338065 |
| Telstra Group Limited | 3.46% | 2030-04-23 | 1.00% | XS2160857798 |
| Telstra Group Limited | 3.59% | 2031-05-04 | 3.75% | XS2613162424 |
| National Australia Bank Limited | 3.40% | 2031-05-20 | 1.12% | XS1998798042 |
| Macquarie Group LTD | 3.65% | 2031-05-21 | 0.95% | XS2343850033 |
| Sgsp (Australia) Assets PTY LTD | 4.03% | 2032-10-08 | 3.38% | XS3194049295 |
| Woolworths Group Limited | 3.98% | 2032-10-25 | 3.75% | XS2902763494 |
| Ausgrid Finance PTY LTD | 4.04% | 2033-02-14 | 3.51% | XS2999533438 |
| BHP Group Limited | 3.85% | 2033-04-29 | 3.12% | XS0924998809 |
| Goodman Australia Finance PTY LTD | 4.27% | 2033-04-29 | 3.88% | XS3356038003 |
| Network Finance Company PTY Limited | 4.01% | 2033-09-05 | 3.50% | XS3303513066 |
| Sydney Airport Finance Company PTY Limited | 4.19% | 2034-04-28 | 3.96% | XS3324584260 |
| Telstra Group Limited | 4.00% | 2035-03-02 | 3.38% | XS3166363906 |
| Transurban Finance Company PTY LTD | 4.22% | 2035-04-17 | 4.14% | XS3047435659 |
| Westpac Banking Corporation | 3.75% | 2036-06-23 | 3.48% | XS3413338149 |
| Telstra Group Limited | 4.10% | 2036-09-03 | 3.50% | XS2895610488 |