Euro A–BBB Secured Non-Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-secured-a-bbb-non-callable
Euro A–BBB Secured Non-Callable Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 3.61%, fitted curve 1M–15Y (2.98%–3.72%), 289 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.98% | — |
| 3M | 3.00% | 3.01% |
| 6M | 3.03% | 3.05% |
| 9M | 3.05% | 3.11% |
| 12M | 3.08% | 3.17% |
| 18M | 3.14% | 3.25% |
| 2Y | 3.18% | 3.32% |
| 3Y | 3.24% | 3.36% |
| 4Y | 3.30% | 3.46% |
| 5Y | 3.36% | 3.62% |
| 6Y | 3.42% | 3.74% |
| 7Y | 3.48% | 3.81% |
| 8Y | 3.53% | 3.87% |
| 9Y | 3.57% | 3.91% |
| 10Y | 3.61% | 3.93% |
| 15Y | 3.72% | 3.94% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.18% and the 10-year 3.61%, a 10Y−2Y spread of +42 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 ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.18% | 2.92% | 2.99% | 2.95% | 2.99% | 2.50% | 2.47% |
| 10Y | 3.61% | 3.33% | 3.47% | 3.47% | 3.47% | 3.11% | 3.30% |
| 10Y − 2Y | +42 bp | +41 bp | +48 bp | +52 bp | +48 bp | +61 bp | +83 bp |
Bonds in this curve
A selection of 30 of the 300 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Deutsche Pfandbriefbank AG | 3.73% | 2026-08-25 | 0.01% | DE000A3E5K73 |
| Intesa Sanpaolo | 2.06% | 2026-09-14 | 0.38% | IT0005215147 |
| Mediobanca - Banca di Credito Finanziario SPA | 2.16% | 2026-10-01 | 0.50% | IT0005378036 |
| Deutsche Bank AG | 2.50% | 2026-10-19 | 3.12% | DE000A351NR4 |
| Commerzbank AG | 2.49% | 2026-12-15 | 0.12% | DE000CZ40LQ7 |
| Commerzbank AG | 2.70% | 2027-01-11 | 2.75% | DE000CZ439N1 |
| Commerzbank AG | 2.75% | 2027-03-15 | 0.50% | DE000CZ45W16 |
| Banco BPM SPA | 2.75% | 2027-03-15 | 0.75% | IT0005489932 |
| Intesa Sanpaolo | 2.87% | 2027-06-16 | 1.12% | IT0005259988 |
| Mediobanca - Banca di Credito Finanziario SPA | 2.92% | 2027-06-30 | 2.38% | IT0005499543 |
| Iccrea Banca SPA | 3.08% | 2027-11-08 | 4.00% | IT0005569964 |
| Unicredit SPA | 2.94% | 2027-11-19 | 0.01% | DE000HV2ASU1 |
| Natixis | 3.16% | 2028-06-05 | 2.25% | DE000A14J0Q0 |
| Commerzbank AG | 3.47% | 2028-06-06 | 0.88% | DE000CZ40MV5 |
| Aareal Bank AG | 3.18% | 2029-02-01 | 1.38% | DE000AAR0330 |
| Caja Rural de Navarra | 3.24% | 2029-02-16 | 0.75% | ES0415306093 |
| Deutsche Pfandbriefbank AG | 3.33% | 2030-01-29 | 2.75% | DE000A382699 |
| Aareal Bank AG | 3.24% | 2030-02-01 | 0.12% | DE000AAR0314 |
| Aareal Bank AG | 3.32% | 2031-02-03 | 2.62% | DE000AAR0470 |
| Mediobanca - Banca di Credito Finanziario SPA | 3.32% | 2031-02-03 | 0.01% | IT0005433757 |
| Oldenburgische Landesbank AG | 3.45% | 2032-01-29 | 3.12% | DE000A11QJS1 |
| Mediobanca - Banca di Credito Finanziario SPA | 3.42% | 2032-02-02 | 2.88% | IT0005678773 |
| Aareal Bank AG | 3.41% | 2033-02-01 | 3.00% | DE000AAR0488 |
| Iccrea Banca SPA | 3.54% | 2033-03-02 | 2.88% | IT0005697591 |
| Wustenrot Bausparkasse AG | 3.35% | 2034-02-03 | 3.00% | DE000WBP0BS2 |
| Argenta Spaarbank N.V. | 3.49% | 2034-02-06 | 3.12% | BE6349638187 |
| Oberbank AG | 3.72% | 2035-02-20 | 2.88% | AT0000A3J2F7 |
| Commerzbank AG | 3.38% | 2035-02-27 | 2.88% | DE000CZ45ZL7 |
| ING Group | 3.45% | 2036-02-16 | 3.12% | DE000A2YNWF0 |
| Commerzbank AG | 3.51% | 2039-04-18 | 3.13% | DE000CZ45YG0 |