Euro Non-Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-non-callable
Euro Non-Callable Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.39%, fitted curve 1M–40Y (3.14%–4.62%), 5763 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.14% | — |
| 3M | 3.18% | 3.20% |
| 6M | 3.26% | 3.39% |
| 9M | 3.35% | 3.65% |
| 12M | 3.44% | 3.65% |
| 18M | 3.58% | 3.91% |
| 2Y | 3.68% | 4.03% |
| 3Y | 3.83% | 4.20% |
| 4Y | 3.95% | 4.38% |
| 5Y | 4.04% | 4.49% |
| 6Y | 4.12% | 4.63% |
| 7Y | 4.20% | 4.79% |
| 8Y | 4.27% | 4.93% |
| 9Y | 4.33% | 5.03% |
| 10Y | 4.39% | 5.07% |
| 15Y | 4.54% | 5.05% |
| 20Y | 4.59% | 4.91% |
| 25Y | 4.61% | 4.79% |
| 30Y | 4.62% | 4.72% |
| 40Y | 4.62% | 4.69% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.68% and the 10-year 4.39%, a 10Y−2Y spread of +71 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 | 3.68% | 3.25% | 3.13% | 3.22% | 3.24% | 3.21% | 2.91% |
| 10Y | 4.39% | 3.99% | 3.92% | 3.90% | 3.97% | 3.93% | 3.80% |
| 10Y − 2Y | +71 bp | +75 bp | +78 bp | +69 bp | +73 bp | +72 bp | +89 bp |
Yields by rating group
The same curve split by credit quality: 5692 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.81%, A+ to BBB- 3.98%, Speculative 4.82%.
Bonds in this curve
A selection of 30 of the 5820 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bank of China Limited | 2.78% | 2026-10-19 | 4.00% | XS2702157855 |
| Industrial and Commercial Bank of China LTD | 2.73% | 2026-10-25 | 4.12% | XS2706208506 |
| DZ Bank AG | 2.88% | 2026-11-12 | 2.50% | DE000DDA0PA8 |
| China Construction Bank Corporation | 3.19% | 2026-11-30 | 3.88% | XS2723150517 |
| Argenta Spaarbank N.V. | 3.11% | 2027-01-29 | 1.00% | BE6318702253 |
| DZ Bank AG | 2.99% | 2027-01-27 | 2.85% | DE000DJ9AS09 |
| Dekabank Deutsche Girozentrale | 3.23% | 2027-04-28 | 4.08% | DE000DK011E3 |
| Industrial and Commercial Bank of China LTD | 3.19% | 2027-05-23 | 3.70% | XS2819075578 |
| DZ Bank AG | 3.28% | 2027-07-28 | 0.80% | DE000DFK0CS4 |
| Helaba | 3.37% | 2027-07-28 | 2.20% | DE000HLB75U5 |
| Aareal Bank AG | 6.41% | 2027-12-13 | 1.21% | DE000A12T7S1 |
| Helaba | 3.53% | 2027-12-13 | 2.05% | DE000HEL0S81 |
| Belfius Bank SA/NV | 3.28% | 2028-06-12 | 1.00% | BE0002598762 |
| Chengda International CO., Limited | 3.70% | 2028-12-05 | 2.82% | XS3245557148 |
| BSK 1818 AG | 3.43% | 2029-03-12 | 3.38% | DE000A30VRE4 |
| Industrial and Commercial Bank of China LTD | 3.51% | 2029-03-16 | 2.75% | XS3298231567 |
| Helaba | 3.94% | 2030-03-13 | 2.70% | DE000HEL0EQ0 |
| Helaba | 3.93% | 2030-03-12 | 2.50% | DE000HEL0TK1 |
| Erste Group Bank AG | 4.32% | 2031-03-13 | 3.10% | AT0000A3AJS7 |
| Helaba | 4.10% | 2031-03-13 | 2.75% | DE000HEL0ER8 |
| Bank Gospodarstwa Krajowego | 3.90% | 2032-03-13 | 4.00% | XS2778272471 |
| Dekabank Deutsche Girozentrale | 4.35% | 2033-03-14 | 4.25% | DE000DK01040 |
| Commerzbank AG | 3.72% | 2034-03-13 | 3.00% | DE000CZ45YB1 |
| Helaba | 4.37% | 2035-03-13 | 3.00% | DE000HEL0ES6 |
| Helaba | 4.40% | 2036-03-13 | 3.25% | DE000HEL0TN5 |
| Commerzbank AG | 4.64% | 2039-03-14 | 2.55% | DE000CZ439Z5 |
| Nederlandse Gasunie N.V. | 4.69% | 2044-04-29 | 3.88% | XS2806495896 |
| BNG Bank NV | 4.29% | 2049-06-28 | 0.81% | XS2019816979 |
| Telecom Italia | 5.41% | 2055-03-17 | 5.25% | XS0214965963 |
| Alphabet INC | 5.35% | 2063-05-11 | 4.80% | XS3363388086 |