Germany Investment Grade Real Estate Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-10-16
https://bondscovery.com/yield-curve/eur-corporate-real-estate-germany
Germany Investment Grade Real Estate Corporate Bond Yields (EUR) as of 2026-10-16: 10Y at 5.09%, fitted curve 3M–25Y (3.55%–5.39%), 46 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.55% | — |
| 9M | 3.67% | 3.72% |
| 12M | 3.72% | 3.89% |
| 18M | 3.84% | 4.18% |
| 2Y | 3.94% | 4.18% |
| 3Y | 4.15% | 4.60% |
| 4Y | 4.35% | 4.98% |
| 5Y | 4.52% | 5.30% |
| 6Y | 4.67% | 5.56% |
| 7Y | 4.80% | 5.75% |
| 8Y | 4.92% | 5.89% |
| 10Y | 5.09% | 5.99% |
| 15Y | 5.30% | 5.96% |
| 25Y | 5.39% | 5.66% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.94% and the 10-year 5.09%, a 10Y−2Y spread of +114 bp — positively sloped — as of 2026-10-16. 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 | Latest2026-10-16 | 1m ago2026-09-16 | 2m ago2026-08-17 | 3m ago2026-07-17 | 4m ago2026-06-18 | 5m ago2026-05-19 | 6m ago2026-04-20 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.94% | 4.00% | 3.42% | 3.29% | 3.24% | 3.32% | 3.22% |
| 10Y | 5.09% | 5.18% | 4.63% | 4.54% | 4.34% | 4.58% | 4.52% |
| 10Y − 2Y | +114 bp | +118 bp | +121 bp | +125 bp | +110 bp | +126 bp | +130 bp |
Bonds in this curve
A selection of 30 of the 46 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Grand City Properties | 2.88% | 2027-02-22 | 1.50% | XS1781401085 |
| Vonovia | 3.22% | 2027-06-16 | 0.38% | DE000A3E5MG8 |
| Deutsche Wohnen | 4.33% | 2027-07-29 | 0.62% | DE000A3H2WT4 |
| Vonovia | 3.54% | 2027-10-07 | 0.62% | DE000A2R8ND3 |
| LEG | 3.53% | 2027-11-28 | 0.88% | DE000A254P51 |
| Grand City Properties | 4.11% | 2028-01-11 | 0.12% | XS2282101539 |
| Vonovia | 3.82% | 2028-06-28 | 1.88% | DE000A3MQS64 |
| Vonovia | 4.04% | 2028-09-01 | 0.25% | DE000A3MP4U9 |
| LEG | 4.09% | 2029-01-17 | 0.88% | DE000A3MQNP4 |
| Vonovia | 4.06% | 2029-09-14 | 0.50% | DE000A2R7JD3 |
| Vonovia | 3.97% | 2029-12-14 | 0.62% | DE000A3E5MH6 |
| Grand City Properties | 4.52% | 2030-01-09 | 4.38% | XS2855975285 |
| Deutsche Wohnen | 4.23% | 2030-04-30 | 1.50% | DE000A289NF1 |
| Vonovia | 4.28% | 2030-07-09 | 1.00% | DE000A28ZQQ5 |
| Vonovia | 4.22% | 2030-11-23 | 5.00% | DE000A30VQB2 |
| Deutsche Wohnen | 4.68% | 2031-06-03 | 1.62% | XS2004871179 |
| LEG | 4.44% | 2031-06-30 | 0.75% | DE000A3E5VK1 |
| Vonovia | 4.51% | 2031-07-06 | 3.50% | XS3423368334 |
| Vonovia | 4.60% | 2032-09-01 | 0.75% | DE000A3MP4V7 |
| Grand City Properties | 4.82% | 2032-10-25 | 2.00% | XS1706939904 |
| LEG | 4.71% | 2032-11-19 | 1.00% | DE000A3MQMD2 |
| Vonovia | 4.69% | 2033-06-16 | 1.00% | DE000A3E5MJ2 |
| LEG | 4.83% | 2034-01-17 | 1.50% | DE000A3MQNQ2 |
| Deutsche Wohnen | 5.32% | 2034-07-21 | 2.50% | XS1866800904 |
| Vonovia | 4.81% | 2034-09-14 | 1.12% | DE000A2R7JE1 |
| Vonovia | 5.07% | 2038-03-22 | 2.75% | DE000A19X8C0 |
| Vonovia | 5.34% | 2038-07-06 | 4.38% | XS3423368417 |
| Vonovia | 5.27% | 2039-10-07 | 1.62% | DE000A2R8NE1 |
| Vonovia | 5.33% | 2041-01-28 | 1.00% | DE000A287179 |
| Vonovia | 5.38% | 2051-09-01 | 1.62% | DE000A3MP4W5 |