Spain Non-Callable Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-banks-spain-non-callable
Spain Non-Callable Banks Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 3.91%, fitted curve 3M–10Y (2.86%–3.91%), 61 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 2.86% | — |
| 6M | 2.91% | 2.95% |
| 9M | 2.95% | 3.04% |
| 12M | 2.99% | 3.12% |
| 18M | 3.08% | 3.24% |
| 2Y | 3.16% | 3.40% |
| 3Y | 3.31% | 3.62% |
| 4Y | 3.45% | 3.86% |
| 5Y | 3.57% | 4.04% |
| 6Y | 3.67% | 4.17% |
| 7Y | 3.75% | 4.25% |
| 8Y | 3.82% | 4.29% |
| 9Y | 3.87% | 4.31% |
| 10Y | 3.91% | 4.30% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.16% and the 10-year 3.91%, a 10Y−2Y spread of +76 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-26 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.16% | 2.93% | 3.02% | 3.00% | 3.07% | 2.51% | 2.56% |
| 10Y | 3.91% | 3.70% | 3.80% | 4.00% | 4.03% | 3.63% | 3.72% |
| 10Y − 2Y | +76 bp | +77 bp | +77 bp | +100 bp | +96 bp | +112 bp | +116 bp |
Bonds in this curve
A selection of 30 of the 64 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Caixabank SA | 2.64% | 2026-11-12 | 1.12% | ES0213307061 |
| Banco Santander SA | 3.00% | 2026-11-14 | 0.50% | XS2078692105 |
| Bbva | 2.43% | 2026-11-22 | 0.88% | ES0413211915 |
| Banco Santander SA | 2.73% | 2027-01-14 | 0.50% | XS2432530637 |
| Banco Santander SA | 2.84% | 2027-02-04 | 0.50% | XS2113889351 |
| Banco Santander SA | 3.03% | 2027-05-04 | 4.62% | ES0413900160 |
| Banco Santander SA | 3.00% | 2027-06-23 | 1.12% | XS2194370727 |
| Banco Santander SA | 3.26% | 2027-09-13 | 4.38% | XS2679878319 |
| Bbva | 3.05% | 2027-09-20 | 3.38% | XS2534785865 |
| Caixabank SA | 2.92% | 2028-01-17 | 1.00% | ES0440609396 |
| Bankinter SA | 3.09% | 2028-02-07 | 1.25% | ES0413679418 |
| Banco Santander SA | 3.13% | 2028-02-08 | 2.12% | XS1767931121 |
| Banco Santander SA | 3.23% | 2028-05-05 | 4.12% | XS2618690981 |
| Banco Santander SA | 3.04% | 2028-10-25 | 1.12% | ES0413900533 |
| Caja Rural de Navarra | 3.24% | 2029-02-16 | 0.75% | ES0415306093 |
| Banco Santander SA | 3.30% | 2029-04-02 | 3.25% | XS2908735504 |
| Banco Santander SA | 3.47% | 2030-02-16 | 2.96% | XS3295829140 |
| Banco Santander SA | 3.50% | 2030-03-25 | 3.35% | XS3032020136 |
| Bbva | 3.46% | 2031-03-26 | 3.50% | XS2790910272 |
| Banco Santander SA | 3.18% | 2031-05-09 | 0.88% | ES0413900558 |
| Caixabank SA | 3.81% | 2032-02-09 | 4.12% | XS2764459363 |
| Banco Santander SA | 3.28% | 2032-02-27 | 0.10% | ES0413900608 |
| Banco de Sabadell SA | 3.75% | 2033-02-18 | 3.38% | XS3004055177 |
| Banco Santander SA | 3.87% | 2033-06-23 | 3.62% | XS3417309021 |
| Banco Santander SA | 4.04% | 2034-02-16 | 3.65% | XS3295826559 |
| Banco Santander SA | 3.41% | 2034-11-27 | 2.00% | ES0413900376 |
| Banco Santander SA | 3.93% | 2035-02-17 | 3.50% | XS3002233628 |
| Caixabank SA | 3.78% | 2035-06-26 | 3.38% | XS3103589670 |
| Caixabank SA | 3.40% | 2036-03-24 | 4.12% | ES0414950644 |
| Caixabank SA | 4.09% | 2037-01-20 | 3.88% | XS3261883105 |