Germany Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-germany
Germany Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.36%, fitted curve 1M–40Y (3.16%–4.52%), 4619 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.16% | — |
| 3M | 3.21% | 3.24% |
| 6M | 3.31% | 3.46% |
| 9M | 3.41% | 3.75% |
| 12M | 3.51% | 3.75% |
| 18M | 3.66% | 4.00% |
| 2Y | 3.77% | 4.15% |
| 3Y | 3.93% | 4.31% |
| 4Y | 4.02% | 4.39% |
| 5Y | 4.08% | 4.39% |
| 6Y | 4.13% | 4.43% |
| 7Y | 4.18% | 4.60% |
| 8Y | 4.25% | 4.85% |
| 9Y | 4.31% | 5.00% |
| 10Y | 4.36% | 5.01% |
| 15Y | 4.52% | 5.05% |
| 20Y | 4.45% | 4.13% |
| 25Y | 4.35% | 3.69% |
| 30Y | 4.34% | 4.26% |
| 40Y | 4.34% | 4.38% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.77% and the 10-year 4.36%, a 10Y−2Y spread of +59 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 | 3.77% | 3.21% | 3.13% | 3.19% | 3.22% | 3.20% | 2.93% |
| 10Y | 4.36% | 3.93% | 3.87% | 3.92% | 3.97% | 3.94% | 3.82% |
| 10Y − 2Y | +59 bp | +71 bp | +74 bp | +73 bp | +74 bp | +74 bp | +89 bp |
Yields by rating group
The same curve split by credit quality: 4612 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.97%, A+ to BBB- 4.00%, Speculative 4.90%.
Bonds in this curve
A selection of 30 of the 4651 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Commerzbank AG | 5.42% | 2026-10-05 | 3.40% | DE000CZ43Z80 |
| Helaba | 4.68% | 2026-10-05 | 0.80% | DE000HLB3UA7 |
| DZ Bank AG | 2.95% | 2026-11-13 | 3.50% | DE000DJ9AN95 |
| Commerzbank AG | 5.37% | 2026-11-16 | 1.82% | DE000CZ40KF2 |
| Deutsche Telekom AG | 2.88% | 2027-01-30 | 1.38% | XS1557095616 |
| Commerzbank AG | 4.10% | 2027-02-02 | 2.50% | DE000CZ439Q4 |
| DZ Bank AG | 3.27% | 2027-04-30 | 1.94% | DE000DJ9A0X2 |
| Dekabank Deutsche Girozentrale | 3.35% | 2027-04-28 | 4.08% | DE000DK011E3 |
| DZ Bank AG | 3.37% | 2027-07-30 | 3.25% | DE000A351XS1 |
| DZ Bank AG | 3.34% | 2027-07-28 | 0.80% | DE000DFK0CS4 |
| Aareal Bank AG | 6.53% | 2027-12-13 | 1.21% | DE000A12T7S1 |
| Commerzbank AG | 3.69% | 2027-12-15 | 4.10% | DE000CZ43ZL2 |
| Helaba | 3.47% | 2028-06-14 | 0.88% | DE000A2DAF36 |
| DZ Bank AG | 3.75% | 2028-06-15 | 4.18% | DE000DW6C268 |
| Deutsche Bank AG | 3.59% | 2029-03-13 | 3.38% | DE000A352BT3 |
| DZ Bank AG | 3.86% | 2029-03-15 | 3.68% | DE000DJ9AHQ7 |
| SAP SE | 3.63% | 2030-03-13 | 1.38% | DE000A2G8VU3 |
| DZ Bank AG | 3.78% | 2030-03-15 | 2.20% | DE000DP9BF42 |
| Helaba | 4.11% | 2031-03-13 | 2.75% | DE000HEL0ER8 |
| Helaba | 4.12% | 2031-03-13 | 2.65% | DE000HEL0TL9 |
| DZ Bank AG | 4.04% | 2032-03-15 | 4.33% | DE000DW6C227 |
| DZ Bank AG | 4.13% | 2033-03-15 | 3.44% | DE000DJ9AH93 |
| Commerzbank AG | 3.71% | 2034-03-13 | 3.00% | DE000CZ45YB1 |
| Bayerische Landesbank | 3.76% | 2035-03-15 | 3.25% | DE000A161RT4 |
| Helaba | 4.37% | 2036-03-13 | 3.25% | DE000HEL0TN5 |
| Commerzbank AG | 4.69% | 2039-03-14 | 2.55% | DE000CZ439Z5 |
| Amprion GmbH | 5.03% | 2044-05-21 | 4.00% | DE000A383BQ4 |
| Helaba | 4.15% | 2049-10-11 | 3.00% | DE000A3SJZ27 |
| DZ Bank AG | 4.38% | 2054-10-08 | 3.51% | DE000DJ9APQ0 |
| Helaba | 4.53% | 2063-09-06 | 3.83% | DE000HLB43Y5 |