Spain Non-Callable Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-banks-spain-non-callable
Spain Non-Callable Banks Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.20%, fitted curve 1M–10Y (3.11%–4.20%), 62 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.11% | — |
| 3M | 3.14% | 3.16% |
| 6M | 3.19% | 3.28% |
| 9M | 3.23% | 3.40% |
| 12M | 3.28% | 3.40% |
| 18M | 3.37% | 3.59% |
| 2Y | 3.46% | 3.78% |
| 3Y | 3.64% | 4.05% |
| 4Y | 3.79% | 4.33% |
| 5Y | 3.91% | 4.52% |
| 6Y | 4.01% | 4.61% |
| 7Y | 4.08% | 4.64% |
| 8Y | 4.13% | 4.62% |
| 9Y | 4.17% | 4.58% |
| 10Y | 4.20% | 4.53% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.46% and the 10-year 4.20%, a 10Y−2Y spread of +73 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.46% | 3.13% | 3.05% | 3.07% | 3.09% | 3.04% | 2.80% |
| 10Y | 4.20% | 3.90% | 3.84% | 3.79% | 3.93% | 3.86% | 3.61% |
| 10Y − 2Y | +73 bp | +77 bp | +79 bp | +72 bp | +85 bp | +82 bp | +81 bp |
Bonds in this curve
A selection of 30 of the 62 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Banco Santander SA | 7.24% | 2026-10-04 | 0.30% | XS2063247915 |
| Caixabank SA | 2.94% | 2026-11-12 | 1.12% | ES0213307061 |
| Banco Santander SA | 3.36% | 2026-11-14 | 0.50% | XS2078692105 |
| Bbva | 4.75% | 2026-11-15 | 0.38% | XS2079713322 |
| Banco Santander SA | 2.94% | 2027-02-04 | 0.50% | XS2113889351 |
| Banco de Sabadell SA | 3.18% | 2027-04-26 | 1.00% | ES0413860596 |
| Banco Santander SA | 3.29% | 2027-05-04 | 4.62% | ES0413900160 |
| Banco Santander SA | 3.13% | 2027-06-23 | 1.12% | XS2194370727 |
| Banco Santander SA | 3.42% | 2027-09-13 | 4.38% | XS2679878319 |
| Bbva | 3.31% | 2027-09-20 | 3.38% | XS2534785865 |
| Caixabank SA | 3.32% | 2028-01-17 | 1.00% | ES0440609396 |
| Banco Santander SA | 3.38% | 2028-01-16 | 3.88% | XS2575952697 |
| Banco Santander SA | 3.47% | 2028-10-25 | 1.12% | ES0413900533 |
| Banco Santander SA | 3.83% | 2029-01-17 | 3.75% | XS2747776487 |
| Banco Santander SA | 3.44% | 2029-04-02 | 3.25% | XS2908735504 |
| Abanca Corporacion Bancaria S.A. | 3.66% | 2029-05-28 | 0.75% | ES0465936054 |
| Banco Santander SA | 3.88% | 2030-03-25 | 3.35% | XS3032020136 |
| Banco Santander SA | 3.61% | 2030-06-04 | 0.12% | ES0413900574 |
| Bbva | 3.76% | 2031-03-26 | 3.50% | XS2790910272 |
| Banco Santander SA | 3.66% | 2031-05-09 | 0.88% | ES0413900558 |
| Banco Santander SA | 3.99% | 2032-05-27 | 3.25% | XS3081016654 |
| Banco de Credito Social Cooperativo SA | 4.22% | 2032-06-04 | 3.75% | XS3396961289 |
| Banco Santander SA | 4.29% | 2033-06-23 | 3.62% | XS3417309021 |
| Caixabank SA | 3.77% | 2033-11-23 | 1.64% | ES0440609404 |
| Banco Santander SA | 3.78% | 2034-11-27 | 2.00% | ES0413900376 |
| Banco Santander SA | 4.26% | 2035-02-17 | 3.50% | XS3002233628 |
| Caixabank SA | 4.10% | 2035-06-26 | 3.38% | XS3103589670 |
| Banco Santander SA | 4.22% | 2036-01-12 | 3.75% | XS3266594285 |
| Caixabank SA | 3.87% | 2036-03-24 | 4.12% | ES0414950644 |
| Caixabank SA | 4.38% | 2037-01-20 | 3.88% | XS3261883105 |