Euro Secured Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-secured
Euro Secured Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 3.97%, fitted curve 1M–40Y (2.89%–4.35%), 751 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.89% | — |
| 3M | 2.94% | 2.96% |
| 6M | 3.06% | 3.22% |
| 9M | 3.21% | 3.71% |
| 12M | 3.36% | 3.71% |
| 18M | 3.52% | 3.89% |
| 2Y | 3.59% | 3.84% |
| 3Y | 3.68% | 3.90% |
| 4Y | 3.73% | 3.95% |
| 5Y | 3.78% | 4.03% |
| 6Y | 3.83% | 4.17% |
| 7Y | 3.88% | 4.25% |
| 8Y | 3.92% | 4.27% |
| 9Y | 3.95% | 4.28% |
| 10Y | 3.97% | 4.32% |
| 15Y | 4.18% | 4.81% |
| 20Y | 4.29% | 4.86% |
| 25Y | 4.32% | 4.64% |
| 30Y | 4.34% | 4.56% |
| 40Y | 4.35% | 4.48% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.59% and the 10-year 3.97%, a 10Y−2Y spread of +38 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 | 3.59% | 3.14% | 3.02% | 3.01% | 3.04% | 2.96% | 2.73% |
| 10Y | 3.97% | 3.65% | 3.57% | 3.51% | 3.56% | 3.52% | 3.39% |
| 10Y − 2Y | +38 bp | +52 bp | +56 bp | +50 bp | +52 bp | +56 bp | +66 bp |
Yields by rating group
The same curve split by credit quality: 731 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.71%, A+ to BBB- 3.70%, Speculative 7.08%.
Bonds in this curve
A selection of 30 of the 759 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Deutsche Bank AG | 2.77% | 2026-10-19 | 3.12% | DE000A351NR4 |
| Muenchener Hypothekenbank EG | 2.49% | 2026-10-23 | 0.62% | DE000MHB19J4 |
| ING Group | 2.48% | 2026-11-16 | 0.25% | DE000A1KRJQ6 |
| Societe Generale | 2.79% | 2026-12-02 | 0.01% | FR0014006UI2 |
| Belfius Bank SA/NV | 3.12% | 2027-02-15 | 3.00% | BE0002921022 |
| DZ Bank AG | 3.53% | 2027-02-15 | 0.50% | DE000DDA0Q61 |
| Banco Santander SA | 3.31% | 2027-05-04 | 4.62% | ES0413900160 |
| Lbbw | 3.29% | 2027-05-07 | 2.75% | DE000BHY0GY7 |
| DZ Bank AG | 3.37% | 2027-07-30 | 3.25% | DE000A351XS1 |
| Muenchener Hypothekenbank EG | 3.04% | 2027-08-04 | 3.00% | DE000MHB32J7 |
| DZ Bank AG | 3.60% | 2027-12-20 | 2.38% | DE000DJ9A115 |
| Compagnie de Financement Foncier | 3.41% | 2028-01-11 | 0.75% | FR0013309549 |
| Transmission Finance DAC | 3.99% | 2028-06-18 | 0.38% | XS2352405216 |
| Danmarks Skibskredit A/S | 3.78% | 2028-06-21 | 0.25% | DK0004133139 |
| Deutsche Bank AG | 3.59% | 2029-03-13 | 3.38% | DE000A352BT3 |
| Bpce SA | 3.70% | 2029-03-13 | 3.38% | FR001400KLW9 |
| Compagnie de Financement Foncier | 3.64% | 2030-03-15 | 2.38% | FR001400CM22 |
| Nord/LB | 3.57% | 2030-03-19 | 2.88% | DE000NLB34Y2 |
| Oldenburgische Landesbank AG | 4.04% | 2031-03-17 | 0.05% | DE000A11QJK8 |
| Suomen Hypoteekkiyhdistys | 3.95% | 2031-03-24 | 0.01% | FI4000496344 |
| Hamburger Sparkasse AG | 3.67% | 2032-03-22 | 2.62% | DE000A460CJ3 |
| Credit Agricole | 3.94% | 2033-03-15 | 0.12% | IT0005437733 |
| Commerzbank AG | 3.71% | 2034-03-13 | 3.00% | DE000CZ45YB1 |
| DZ Bank AG | 3.96% | 2035-03-21 | 4.71% | DE000DZ78AC8 |
| Deutsche Kreditbank AG | 3.78% | 2036-03-21 | 2.88% | DE000SCB0054 |
| Commerzbank AG | 3.87% | 2039-04-18 | 3.13% | DE000CZ45YG0 |
| Credit Agricole | 4.42% | 2045-01-17 | 1.00% | IT0005397036 |
| Helaba | 4.23% | 2049-12-10 | 1.24% | DE000HLB4YE9 |
| DZ Bank AG | 4.38% | 2054-10-08 | 3.51% | DE000DJ9APQ0 |
| Helaba | 4.53% | 2063-09-06 | 3.83% | DE000HLB43Y5 |