Euro Non-Callable Real Estate / Construction Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-real-estate-construction-non-callable
Euro Non-Callable Real Estate / Construction Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.66%, fitted curve 3M–25Y (3.14%–4.67%), 151 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.14% | — |
| 6M | 3.26% | 3.44% |
| 9M | 3.39% | 3.78% |
| 12M | 3.50% | 3.78% |
| 18M | 3.72% | 4.22% |
| 2Y | 3.91% | 4.57% |
| 3Y | 4.21% | 4.91% |
| 4Y | 4.40% | 5.10% |
| 5Y | 4.52% | 5.10% |
| 6Y | 4.58% | 5.03% |
| 7Y | 4.62% | 4.94% |
| 8Y | 4.64% | 4.87% |
| 9Y | 4.65% | 4.82% |
| 10Y | 4.66% | 4.78% |
| 25Y | 4.67% | 4.73% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.91% and the 10-year 4.66%, a 10Y−2Y spread of +74 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 | 3.91% | 3.53% | 3.39% | 3.38% | 3.44% | 3.38% | 3.07% |
| 10Y | 4.66% | 4.25% | 4.17% | 4.22% | 4.27% | 4.34% | 4.14% |
| 10Y − 2Y | +74 bp | +72 bp | +78 bp | +84 bp | +83 bp | +96 bp | +107 bp |
Yields by rating group
The same curve split by credit quality: 139 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 4.35%, Speculative 5.03%.
Bonds in this curve
A selection of 30 of the 154 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Argan | 3.13% | 2026-11-17 | 1.01% | FR0014006FB8 |
| Imerys SA | 3.51% | 2027-01-15 | 1.50% | FR0013231768 |
| Balder Finland OYJ | 3.37% | 2027-01-18 | 1.00% | XS2432565005 |
| Klepierre SA | 3.15% | 2027-02-16 | 1.38% | FR0013238045 |
| Unibail-Rodamco-Westfield SE | 3.14% | 2027-02-27 | 1.00% | FR0013405032 |
| Unibail-Rodamco-Westfield SE | 3.30% | 2027-04-28 | 1.12% | XS1401196958 |
| Unibail-Rodamco-Westfield SE | 3.20% | 2027-05-04 | 0.62% | FR0014000UC8 |
| Icade | 3.64% | 2027-09-13 | 1.50% | FR0013281755 |
| Mota-Engil Sgps SA | 3.46% | 2027-10-20 | 5.75% | PTMENZOM0004 |
| Altarea | 4.17% | 2028-01-17 | 1.88% | FR0013453974 |
| Gecina | 3.63% | 2028-01-26 | 1.38% | FR0013284205 |
| Heimstaden Bostad AB | 4.22% | 2028-07-24 | 1.38% | XS2435611244 |
| Compagnie de Saint-Gobain SA | 3.60% | 2028-09-21 | 1.88% | XS1881593971 |
| Klepierre SA | 3.88% | 2029-05-12 | 2.00% | FR0013512233 |
| Unibail-Rodamco-Westfield SE | 3.81% | 2029-05-29 | 1.50% | XS1619568303 |
| Gecina | 4.09% | 2030-03-14 | 1.62% | FR0013322989 |
| Unibail-Rodamco-Westfield SE | 3.97% | 2030-04-09 | 2.62% | FR0013506821 |
| Compagnie de Saint-Gobain SA | 3.99% | 2031-03-15 | 1.88% | XS1962571011 |
| Akelius Residential Property AB | 4.57% | 2031-03-25 | 3.95% | XS3310459931 |
| Kojamo OYJ | 4.76% | 2032-03-12 | 3.88% | XS3022388980 |
| Unibail-Rodamco-Westfield SE | 4.28% | 2032-03-29 | 0.88% | FR0013456621 |
| Compagnie de Saint-Gobain SA | 4.79% | 2033-03-28 | 3.88% | XS0906397491 |
| Unibail-Rodamco-Westfield SE | 4.47% | 2033-04-21 | 3.88% | FR0014016I12 |
| Prologis Euro Finance LLC | 4.37% | 2034-05-05 | 4.00% | XS2810794680 |
| Gecina | 4.66% | 2034-05-29 | 1.62% | FR0013422227 |
| Heidelberg Materials AG | 4.58% | 2035-07-18 | 4.00% | XS3379436598 |
| Gecina | 4.46% | 2035-08-04 | 3.38% | FR0014011PT9 |
| Unibail-Rodamco-Westfield SE | 4.62% | 2036-04-28 | 2.00% | XS1401197253 |
| Gecina | 4.60% | 2036-06-30 | 0.88% | FR00140049A8 |
| Unibail-Rodamco-Westfield SE | 5.25% | 2049-07-01 | 1.75% | FR0013431715 |