Australia Non-Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-28
https://bondscovery.com/yield-curve/eur-corporate-australia-non-callable
Australia Non-Callable Corporate Bond Yields (EUR) as of 2026-09-28: 10Y at 4.63%, fitted curve 3M–10Y (2.84%–4.63%), 35 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 2.84% | — |
| 6M | 3.08% | 3.32% |
| 12M | 3.35% | 3.63% |
| 18M | 3.51% | 3.93% |
| 2Y | 3.63% | 3.93% |
| 3Y | 3.86% | 4.34% |
| 4Y | 4.06% | 4.70% |
| 5Y | 4.22% | 4.95% |
| 6Y | 4.35% | 5.10% |
| 7Y | 4.45% | 5.18% |
| 8Y | 4.53% | 5.20% |
| 9Y | 4.59% | 5.18% |
| 10Y | 4.63% | 5.15% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.63% and the 10-year 4.63%, a 10Y−2Y spread of +100 bp — positively sloped — as of 2026-09-28. 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 | Latest2026-09-28 | 1m ago2026-08-28 | 2m ago2026-08-07 |
|---|---|---|---|
| 2Y | 3.63% | 3.20% | 3.03% |
| 10Y | 4.63% | 4.28% | 4.17% |
| 10Y − 2Y | +100 bp | +108 bp | +114 bp |
Yields by rating group
The same curve split by credit quality: 34 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.68%, A+ to BBB- 4.36%.
Bonds in this curve
A selection of 30 of the 35 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Macquarie Group | 2.96% | 2027-02-03 | 0.62% | XS2105735935 |
| Westpac | 3.21% | 2027-04-17 | 0.88% | XS1506398244 |
| Westpac | 3.26% | 2027-09-05 | 1.12% | XS1676933853 |
| BHP | 3.37% | 2027-09-24 | 3.25% | XS0834385923 |
| CBA | 3.36% | 2028-01-18 | 1.12% | XS1750349190 |
| Macquarie Group | 3.68% | 2028-03-03 | 0.35% | XS2265371042 |
| NAB | 3.67% | 2028-05-24 | 2.12% | XS2484111047 |
| Westpac | 3.63% | 2028-07-17 | 1.45% | XS1856797219 |
| NAB | 3.69% | 2028-08-30 | 1.38% | XS1872032799 |
| Macquarie Bank | 3.87% | 2029-09-17 | 3.20% | XS2899382738 |
| Westpac | 3.82% | 2030-01-17 | 3.80% | XS2575952937 |
| Macquarie Group | 4.13% | 2030-01-23 | 4.75% | XS2723556572 |
| NAB | 3.95% | 2030-02-28 | 3.12% | XS2888621922 |
| Telstra | 3.93% | 2030-04-23 | 1.00% | XS2160857798 |
| Telstra | 4.04% | 2031-05-04 | 3.75% | XS2613162424 |
| NAB | 3.90% | 2031-05-20 | 1.12% | XS1998798042 |
| Macquarie Group | 4.16% | 2031-05-21 | 0.95% | XS2343850033 |
| BHP | 4.17% | 2031-09-04 | 3.18% | XS3167486789 |
| Sgsp (Australia) Assets PTY LTD | 4.52% | 2032-10-08 | 3.38% | XS3194049295 |
| Woolworths | 4.42% | 2032-10-25 | 3.75% | XS2902763494 |
| Ausgrid Finance PTY LTD | 4.49% | 2033-02-14 | 3.51% | XS2999533438 |
| Goodman Australia Finance PTY LTD | 4.75% | 2033-04-29 | 3.88% | XS3356038003 |
| Network Finance Company PTY Limited | 4.48% | 2033-09-05 | 3.50% | XS3303513066 |
| Scentre | 4.62% | 2033-10-07 | 3.45% | XS3200004672 |
| Telstra | 4.43% | 2035-03-02 | 3.38% | XS3166363906 |
| Transurban | 4.59% | 2035-04-17 | 4.14% | XS3047435659 |
| Ausnet | 4.65% | 2035-05-08 | 3.75% | XS3041338305 |
| BHP | 4.49% | 2035-09-04 | 3.64% | XS3168118928 |
| Telstra | 4.48% | 2036-09-03 | 3.50% | XS2895610488 |
| Transurban | 4.71% | 2037-11-26 | 4.03% | XS3235974568 |