Euro Callable Real Estate / Construction Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-real-estate-construction-callable
Euro Callable Real Estate / Construction Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 5.00%, fitted curve 1M–25Y (3.45%–5.53%), 104 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.45% | — |
| 3M | 3.49% | 3.50% |
| 6M | 3.54% | 3.65% |
| 9M | 3.59% | 3.78% |
| 12M | 3.64% | 3.78% |
| 18M | 3.74% | 3.99% |
| 2Y | 3.84% | 4.20% |
| 3Y | 4.04% | 4.50% |
| 4Y | 4.22% | 4.88% |
| 5Y | 4.39% | 5.22% |
| 6Y | 4.54% | 5.51% |
| 7Y | 4.68% | 5.76% |
| 8Y | 4.80% | 5.95% |
| 9Y | 4.91% | 6.10% |
| 10Y | 5.00% | 6.21% |
| 15Y | 5.35% | 6.53% |
| 25Y | 5.53% | 6.19% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.84% and the 10-year 5.00%, a 10Y−2Y spread of +116 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 | 3.84% | 3.42% | 3.32% | 3.38% | 3.41% | 3.46% | 3.09% |
| 10Y | 5.00% | 4.67% | 4.45% | 4.51% | 4.49% | 4.53% | 4.52% |
| 10Y − 2Y | +116 bp | +125 bp | +114 bp | +114 bp | +107 bp | +107 bp | +143 bp |
Yields by rating group
The same curve split by credit quality: 91 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 4.21%, Speculative 5.29%.
Bonds in this curve
A selection of 30 of the 108 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| CTP N.V. | 5.14% | 2026-09-27 | 0.62% | XS2390530330 |
| NE Property BV | 5.58% | 2026-10-09 | 1.88% | XS2063535970 |
| Holcim LTD | 3.24% | 2026-11-29 | 0.50% | XS2081615473 |
| Impact Developer & Contractor SA | 7.37% | 2026-12-24 | 6.40% | ROJOPQP0PSW5 |
| Webuild S.P.A. | 3.61% | 2027-01-28 | 3.62% | XS2102392276 |
| CTP N.V. | 3.60% | 2027-02-18 | 0.75% | XS2303052695 |
| Global Switch Holdings Limited | 3.32% | 2027-05-31 | 2.25% | XS1623616783 |
| Vonovia SE | 3.36% | 2027-06-16 | 0.38% | DE000A3E5MG8 |
| Hochtief AG | 3.34% | 2027-09-03 | 0.50% | DE000A2YN2U2 |
| Vonovia SE | 3.50% | 2027-10-07 | 0.62% | DE000A2R8ND3 |
| Grand City Properties S.A. | 3.90% | 2028-01-11 | 0.12% | XS2282101539 |
| Vonovia SE | 3.59% | 2028-01-14 | 1.50% | DE000A19UR79 |
| Vonovia SE | 3.96% | 2028-06-28 | 1.88% | DE000A3MQS64 |
| Aroundtown SA | 3.81% | 2028-07-09 | 1.45% | XS2023873149 |
| NEW Immo Holding SA | 5.38% | 2029-03-22 | 6.00% | FR001400KWR6 |
| VGP NV | 4.20% | 2029-04-08 | 1.50% | BE6327721237 |
| Vonovia SE | 4.05% | 2030-03-22 | 2.12% | DE000A19X8B2 |
| Segro PLC | 3.96% | 2030-03-23 | 1.88% | XS2455401757 |
| Vonovia SE | 4.28% | 2031-03-24 | 0.62% | DE000A3E5FR9 |
| Deutsche Wohnen SE | 4.44% | 2031-04-07 | 0.50% | DE000A3H25P4 |
| Vonovia SE | 4.21% | 2032-03-25 | 2.38% | DE000A3MQS72 |
| Webuild S.P.A. | 5.20% | 2032-05-08 | 4.50% | XS3358232067 |
| LEG Immobilien SE | 4.66% | 2033-03-30 | 0.88% | DE000A3H3JU7 |
| Vonovia SE | 4.72% | 2033-06-16 | 1.00% | DE000A3E5MJ2 |
| Vonovia SE | 4.63% | 2034-04-10 | 4.25% | DE000A3829J7 |
| Hochtief AG | 4.46% | 2034-04-15 | 4.00% | DE000A46ZW17 |
| Icade | 5.38% | 2035-05-22 | 4.38% | FR001400ZRC6 |
| Klepierre SA | 4.54% | 2037-09-30 | 3.75% | FR0014012ZD0 |
| Vonovia SE | 5.14% | 2039-10-07 | 1.62% | DE000A2R8NE1 |
| Vonovia SE | 5.50% | 2051-09-01 | 1.62% | DE000A3MP4W5 |