Euro Government-Guaranteed Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-guaranteed-banks
Euro Government-Guaranteed Banks Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 3.91%, fitted curve 1M–25Y (3.18%–4.24%), 115 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.18% | — |
| 3M | 3.20% | 3.21% |
| 6M | 3.22% | 3.30% |
| 9M | 3.24% | 3.34% |
| 12M | 3.27% | 3.34% |
| 18M | 3.31% | 3.43% |
| 2Y | 3.35% | 3.52% |
| 3Y | 3.44% | 3.65% |
| 4Y | 3.52% | 3.82% |
| 5Y | 3.60% | 3.97% |
| 6Y | 3.67% | 4.12% |
| 7Y | 3.74% | 4.25% |
| 8Y | 3.80% | 4.36% |
| 9Y | 3.86% | 4.46% |
| 10Y | 3.91% | 4.54% |
| 15Y | 4.10% | 4.67% |
| 20Y | 4.19% | 4.71% |
| 25Y | 4.24% | 4.63% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.35% and the 10-year 3.91%, a 10Y−2Y spread of +56 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 ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.35% | 3.02% | 2.92% | 2.99% | 3.03% | 2.97% | 2.67% |
| 10Y | 3.91% | 3.61% | 3.55% | 3.51% | 3.50% | 3.49% | 3.37% |
| 10Y − 2Y | +56 bp | +59 bp | +62 bp | +53 bp | +47 bp | +52 bp | +70 bp |
Yields by rating group
The same curve split by credit quality: 112 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.69%, A+ to BBB- 3.68%.
Bonds in this curve
A selection of 30 of the 116 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 |
| Dexia SA | 3.64% | 2027-01-22 | 0.01% | XS2107302148 |
| 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 |
| Bank Gospodarstwa Krajowego | 3.42% | 2027-09-08 | 4.00% | XS2530208490 |
| Investitionsbank Berlin | 3.74% | 2027-10-04 | 2.75% | DE000A289KN1 |
| Landwirtschaftliche Rentenbank | 3.20% | 2028-02-14 | 0.38% | XS1951092144 |
| Dexia SA | 3.33% | 2028-04-05 | 2.50% | XS3004571850 |
| 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 |
| Bank Gospodarstwa Krajowego | 3.40% | 2029-05-30 | 3.00% | XS2486282358 |
| SID - Slovenska Izvozna IN Razvojna Banka D.D. | 4.07% | 2030-03-13 | 4.03% | XS2596045752 |
| Bank Gospodarstwa Krajowego | 3.62% | 2030-03-18 | 3.25% | XS3026019334 |
| Investitionsbank Berlin | 3.48% | 2031-03-24 | 2.75% | DE000A3828Q4 |
| SID - Slovenska Izvozna IN Razvojna Banka D.D. | 3.80% | 2031-06-20 | 3.42% | XS2837840706 |
| Bank Gospodarstwa Krajowego | 3.90% | 2032-03-13 | 4.00% | XS2778272471 |
| Landwirtschaftliche Rentenbank | 3.58% | 2032-05-11 | 2.50% | XS2999573905 |
| BNG Bank NV | 3.64% | 2033-06-03 | 3.00% | XS3395922506 |
| Helaba | 3.81% | 2033-08-02 | 1.26% | DE000A2DAF44 |
| Bank Gospodarstwa Krajowego | 4.14% | 2034-06-10 | 3.75% | XS3304272217 |
| Helaba | 3.92% | 2034-08-31 | 0.06% | DE000A2GSR62 |
| Bank Gospodarstwa Krajowego | 4.23% | 2035-03-13 | 3.88% | XS2902087423 |
| Bayerische Landesbank | 3.76% | 2035-03-15 | 3.25% | DE000A161RT4 |
| Bayerische Landesbank | 3.76% | 2036-03-21 | 0.25% | DE000A161RM9 |
| Bank Gospodarstwa Krajowego | 4.60% | 2039-03-13 | 4.38% | XS2778274410 |
| Helaba | 4.32% | 2044-08-23 | 0.14% | DE000A2GSRX9 |
| Helaba | 4.15% | 2049-10-11 | 3.00% | DE000A3SJZ27 |