Germany Government-Guaranteed Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-guaranteed-germany
Germany Government-Guaranteed Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 3.58%, fitted curve 3M–25Y (2.44%–4.10%), 82 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 2.44% | — |
| 6M | 2.61% | 2.78% |
| 9M | 2.74% | 3.00% |
| 12M | 2.82% | 3.04% |
| 18M | 2.89% | 3.04% |
| 2Y | 2.94% | 3.08% |
| 3Y | 3.03% | 3.20% |
| 4Y | 3.11% | 3.38% |
| 5Y | 3.20% | 3.55% |
| 6Y | 3.28% | 3.71% |
| 7Y | 3.37% | 3.86% |
| 8Y | 3.44% | 3.99% |
| 9Y | 3.52% | 4.10% |
| 10Y | 3.58% | 4.20% |
| 15Y | 3.85% | 4.37% |
| 20Y | 4.00% | 4.48% |
| 25Y | 4.10% | 4.49% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.94% and the 10-year 3.58%, a 10Y−2Y spread of +65 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 ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.94% | 2.73% | 2.86% | 2.87% | 2.93% | 2.42% | 2.41% |
| 10Y | 3.58% | 3.27% | 3.48% | 3.45% | 3.41% | 3.13% | 3.31% |
| 10Y − 2Y | +65 bp | +54 bp | +62 bp | +58 bp | +48 bp | +71 bp | +90 bp |
Bonds in this curve
A selection of 30 of the 84 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Landesbank Hessen-Thueringen Girozentrale | 2.53% | 2026-10-07 | 0.01% | DE000A2GSR39 |
| Bayerische Landesbank | 2.30% | 2026-11-23 | 0.62% | DE000A0Z1UM6 |
| Landwirtschaftliche Rentenbank | 2.77% | 2027-03-08 | 0.10% | XS2453958766 |
| Landesbank Hessen-Thueringen Girozentrale | 2.87% | 2027-05-07 | 0.01% | DE000A2GSR47 |
| Investitionsbank Berlin | 3.23% | 2027-07-15 | 0.01% | DE000A289KG5 |
| Bayerische Landesbank | 2.80% | 2027-11-22 | 0.62% | DE000A0Z1UQ7 |
| Landwirtschaftliche Rentenbank | 2.75% | 2028-02-14 | 0.38% | XS1951092144 |
| Landesbank Hessen-Thueringen Girozentrale | 3.13% | 2028-06-14 | 0.88% | DE000A2DAF36 |
| Landwirtschaftliche Rentenbank | 2.97% | 2028-07-19 | 0.00% | XS2288920502 |
| Investitionsbank Berlin | 3.19% | 2029-09-28 | 2.25% | DE000A3828G5 |
| Landwirtschaftliche Rentenbank | 2.73% | 2029-12-18 | 0.05% | XS2021173922 |
| Landesbank Hessen-Thueringen Girozentrale | 3.11% | 2030-04-25 | 0.65% | DE000A2GSRV3 |
| Bayerische Landesbank | 3.28% | 2030-05-07 | 2.38% | DE000A161R28 |
| Landwirtschaftliche Rentenbank | 3.09% | 2031-01-31 | 0.05% | XS2405489092 |
| Investitionsbank Berlin | 3.21% | 2031-03-24 | 2.75% | DE000A3828Q4 |
| Landwirtschaftliche Rentenbank | 3.14% | 2032-02-16 | 2.75% | XS2587748174 |
| Landwirtschaftliche Rentenbank | 3.17% | 2032-05-11 | 2.50% | XS2999573905 |
| Investitionsbank Berlin | 3.30% | 2033-03-01 | 3.12% | DE000A30V216 |
| Landesbank Hessen-Thueringen Girozentrale | 3.50% | 2033-08-02 | 1.26% | DE000A2DAF44 |
| Landesbank Hessen-Thueringen Girozentrale | 3.40% | 2034-02-22 | 2.88% | DE000A3SJZZ9 |
| Landesbank Hessen-Thueringen Girozentrale | 3.65% | 2034-08-31 | 0.06% | DE000A2GSR62 |
| Landesbank Hessen-Thueringen Girozentrale | 3.42% | 2035-02-13 | 2.62% | DE000A3SJZ50 |
| Investitionsbank Berlin | 3.78% | 2035-03-02 | 0.05% | DE000A2YN058 |
| Landesbank Hessen-Thueringen Girozentrale | 3.70% | 2036-02-25 | 0.24% | DE000A2GSSG2 |
| Bayerische Landesbank | 3.59% | 2036-03-21 | 0.25% | DE000A161RM9 |
| Landesbank Hessen-Thueringen Girozentrale | 3.70% | 2039-02-08 | 0.65% | DE000A3SJZP0 |
| Landesbank Hessen-Thueringen Girozentrale | 3.62% | 2039-02-25 | 3.25% | DE000A3SJZ84 |
| Landesbank Hessen-Thueringen Girozentrale | 4.07% | 2044-08-23 | 0.14% | DE000A2GSRX9 |
| Landesbank Hessen-Thueringen Girozentrale | 4.01% | 2044-08-29 | 0.27% | DE000A2GSRZ4 |
| Landesbank Hessen-Thueringen Girozentrale | 3.94% | 2049-10-11 | 3.00% | DE000A3SJZ27 |