Euro AAA–AA Government-Guaranteed Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-guaranteed-aaa-aa
Euro AAA–AA Government-Guaranteed Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 3.88%, fitted curve 1M–25Y (2.62%–4.20%), 91 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.62% | — |
| 3M | 2.72% | 2.77% |
| 6M | 2.90% | 3.11% |
| 9M | 3.05% | 3.43% |
| 12M | 3.15% | 3.43% |
| 18M | 3.24% | 3.46% |
| 2Y | 3.29% | 3.49% |
| 3Y | 3.39% | 3.61% |
| 4Y | 3.47% | 3.79% |
| 5Y | 3.55% | 3.96% |
| 6Y | 3.63% | 4.11% |
| 7Y | 3.70% | 4.24% |
| 8Y | 3.77% | 4.35% |
| 9Y | 3.83% | 4.45% |
| 10Y | 3.88% | 4.52% |
| 15Y | 4.07% | 4.64% |
| 20Y | 4.16% | 4.65% |
| 25Y | 4.20% | 4.56% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.29% and the 10-year 3.88%, a 10Y−2Y spread of +59 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-12 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.29% | 2.94% | 2.90% | 2.96% | 3.01% | 2.90% | 2.55% |
| 10Y | 3.88% | 3.59% | 3.43% | 3.41% | 3.39% | 3.39% | 3.14% |
| 10Y − 2Y | +59 bp | +66 bp | +53 bp | +45 bp | +39 bp | +48 bp | +59 bp |
Bonds in this curve
A selection of 30 of the 92 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Helaba | 1.92% | 2026-10-07 | 0.01% | DE000A2GSR39 |
| Bayerische Landesbank | 2.74% | 2026-11-23 | 0.62% | DE000A0Z1UM6 |
| Landwirtschaftliche Rentenbank | 2.87% | 2027-03-08 | 0.10% | XS2453958766 |
| Helaba | 2.91% | 2027-05-07 | 0.01% | DE000A2GSR47 |
| Landwirtschaftliche Rentenbank | 3.19% | 2027-05-18 | 0.62% | XS1615677280 |
| Investitionsbank Berlin | 3.74% | 2027-10-04 | 2.75% | DE000A289KN1 |
| Bayerische Landesbank | 3.14% | 2027-11-22 | 0.62% | DE000A0Z1UQ7 |
| Landwirtschaftliche Rentenbank | 3.20% | 2028-02-14 | 0.38% | XS1951092144 |
| Investitionsbank Berlin | 3.40% | 2028-04-18 | 0.01% | DE000A2YN1B4 |
| Bayerische Landesbank | 3.50% | 2028-06-27 | 0.75% | DE000A161RE6 |
| Landwirtschaftliche Rentenbank | 3.37% | 2028-07-19 | 0.00% | XS2288920502 |
| BNG Bank NV | 3.44% | 2029-04-05 | 2.75% | XS2797440638 |
| Investitionsbank Berlin | 3.29% | 2029-09-28 | 2.25% | DE000A3828G5 |
| Helaba | 3.43% | 2030-04-25 | 0.65% | DE000A2GSRV3 |
| Bayerische Landesbank | 3.57% | 2030-05-07 | 2.38% | DE000A161R28 |
| Investitionsbank Berlin | 3.48% | 2031-03-24 | 2.75% | DE000A3828Q4 |
| Investitionsbank Berlin | 3.40% | 2031-07-01 | 0.01% | DE000A2YN1C2 |
| Landwirtschaftliche Rentenbank | 3.58% | 2032-05-11 | 2.50% | XS2999573905 |
| Landwirtschaftliche Rentenbank | 3.68% | 2032-07-12 | 1.90% | XS2500341990 |
| BNG Bank NV | 3.64% | 2033-06-03 | 3.00% | XS3395922506 |
| Helaba | 3.81% | 2033-08-02 | 1.26% | DE000A2DAF44 |
| Helaba | 3.92% | 2034-08-31 | 0.06% | DE000A2GSR62 |
| Bayerische Landesbank | 3.79% | 2034-09-25 | 2.62% | DE000A161R10 |
| Bayerische Landesbank | 3.76% | 2035-03-15 | 3.25% | DE000A161RT4 |
| Helaba | 3.83% | 2035-04-26 | 1.00% | DE000A2GSRW1 |
| Bayerische Landesbank | 3.76% | 2036-03-21 | 0.25% | DE000A161RM9 |
| Landwirtschaftliche Rentenbank | 3.68% | 2036-03-24 | 3.12% | XS3325285214 |
| Helaba | 3.93% | 2039-03-17 | 0.42% | DE000A2GSSH0 |
| Helaba | 4.32% | 2044-08-23 | 0.14% | DE000A2GSRX9 |
| Helaba | 4.15% | 2049-10-11 | 3.00% | DE000A3SJZ27 |