Euro Non-Callable Oil & Gas Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-oil-gas-non-callable
Euro Non-Callable Oil & Gas Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.09%, fitted curve 3M–20Y (2.86%–4.58%), 58 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 2.86% | — |
| 6M | 2.90% | 2.94% |
| 9M | 2.94% | 3.02% |
| 12M | 2.98% | 3.09% |
| 18M | 3.05% | 3.21% |
| 2Y | 3.13% | 3.35% |
| 3Y | 3.28% | 3.57% |
| 4Y | 3.42% | 3.84% |
| 5Y | 3.55% | 4.09% |
| 6Y | 3.68% | 4.31% |
| 7Y | 3.80% | 4.51% |
| 8Y | 3.91% | 4.67% |
| 9Y | 4.00% | 4.80% |
| 10Y | 4.09% | 4.90% |
| 15Y | 4.41% | 5.06% |
| 20Y | 4.58% | 5.07% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.13% and the 10-year 4.09%, a 10Y−2Y spread of +97 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 ago2026-02-17 | 6m ago2026-02-04 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.13% | 2.89% | 3.06% | 2.96% | 3.17% | 2.53% | 2.60% |
| 10Y | 4.09% | 3.79% | 3.86% | 3.90% | 4.04% | — | 3.82% |
| 10Y − 2Y | +97 bp | +90 bp | +80 bp | +94 bp | +86 bp | — | +121 bp |
Yields by rating group
The same curve split by credit quality: 52 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.51%, A+ to BBB- 3.56%, Speculative 3.91%.
Bonds in this curve
A selection of 30 of the 61 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Repsol SA | 2.43% | 2026-12-10 | 2.25% | XS1148073205 |
| ENI SPA | 3.20% | 2027-01-17 | 1.50% | XS1551068676 |
| BP PLC | 2.56% | 2027-02-16 | 1.57% | XS1190974011 |
| Petroleos Mexicanos | 3.61% | 2027-04-21 | 2.75% | XS1172951508 |
| Repsol SA | 3.09% | 2027-08-02 | 0.25% | XS2035620710 |
| Sagess | 2.82% | 2027-10-25 | 1.50% | FR0012969129 |
| Shell PLC | 2.88% | 2027-11-08 | 0.12% | XS2078734626 |
| BP PLC | 3.18% | 2028-04-07 | 2.52% | XS2135799679 |
| Shell PLC | 3.11% | 2028-04-07 | 1.50% | XS2154418730 |
| Enagas Financiaciones SAU | 3.10% | 2028-05-05 | 1.38% | XS1403388694 |
| Shell PLC | 2.85% | 2028-05-12 | 1.25% | XS1411401083 |
| ENI SPA | 3.21% | 2028-05-17 | 1.62% | XS1412711217 |
| ENI SPA | 3.28% | 2029-01-29 | 3.62% | XS1023703090 |
| Totalenergies SE | 3.23% | 2029-09-18 | 2.12% | XS1111559925 |
| Neste OYJ | 3.63% | 2030-03-20 | 3.75% | XS3030307865 |
| Repsol SA | 3.33% | 2030-04-15 | 2.62% | XS2156583259 |
| VAR Energi ASA | 4.04% | 2031-03-12 | 3.88% | XS3019303133 |
| BP PLC | 3.56% | 2031-05-08 | 1.23% | XS1992927902 |
| BP PLC | 3.67% | 2032-04-07 | 2.82% | XS2135801160 |
| Shell PLC | 3.56% | 2032-04-07 | 1.88% | XS2154419118 |
| Totalenergies SE | 3.71% | 2033-03-03 | 3.16% | XS3015115408 |
| Sagess | 3.74% | 2033-05-25 | 3.12% | FR0014016EE4 |
| Repsol SA | 3.92% | 2034-09-05 | 3.62% | XS2894862080 |
| ENI SPA | 3.87% | 2034-10-11 | 1.00% | XS2065946837 |
| BP PLC | 3.99% | 2035-05-12 | 4.32% | XS2620585906 |
| Totalenergies SE | 4.00% | 2035-07-01 | 3.65% | XS3106109849 |
| Totalenergies SE | 4.13% | 2037-03-03 | 3.50% | XS3015113536 |
| Exxon Mobil Corp | 4.27% | 2039-06-26 | 1.41% | XS2196324011 |
| Shell PLC | 4.21% | 2039-11-08 | 0.88% | XS2078735433 |
| Totalenergies SE | 4.63% | 2045-03-03 | 3.85% | XS3015113882 |