Euro Secured Non-Callable Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-secured-banks-non-callable
Euro Secured Non-Callable Banks Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 3.90%, fitted curve 1M–30Y (2.77%–4.23%), 631 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.77% | — |
| 3M | 2.83% | 2.86% |
| 6M | 2.96% | 3.14% |
| 9M | 3.13% | 3.61% |
| 12M | 3.27% | 3.61% |
| 18M | 3.41% | 3.74% |
| 2Y | 3.48% | 3.73% |
| 3Y | 3.57% | 3.79% |
| 4Y | 3.61% | 3.80% |
| 5Y | 3.66% | 3.90% |
| 6Y | 3.71% | 4.02% |
| 7Y | 3.75% | 4.05% |
| 8Y | 3.78% | 4.12% |
| 9Y | 3.83% | 4.36% |
| 10Y | 3.90% | 4.66% |
| 15Y | 4.10% | 4.70% |
| 20Y | 4.18% | 4.61% |
| 30Y | 4.23% | 4.49% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.48% and the 10-year 3.90%, a 10Y−2Y spread of +42 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 | 3.48% | 3.11% | 3.04% | 3.00% | 3.03% | 2.97% | 2.71% |
| 10Y | 3.90% | 3.59% | 3.51% | 3.46% | 3.51% | 3.48% | 3.30% |
| 10Y − 2Y | +42 bp | +48 bp | +47 bp | +46 bp | +48 bp | +51 bp | +59 bp |
Yields by rating group
The same curve split by credit quality: 618 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.55%, A+ to BBB- 3.60%.
Bonds in this curve
A selection of 30 of the 636 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| DZ Bank AG | 2.34% | 2026-09-30 | 0.50% | DE000A2AAW53 |
| Mediobanca - Banca di Credito Finanziario SPA | 2.34% | 2026-10-01 | 0.50% | IT0005378036 |
| ING Group | 2.46% | 2026-11-16 | 0.25% | DE000A1KRJQ6 |
| Bbva | 2.54% | 2026-11-22 | 0.88% | ES0413211915 |
| Lbbw | 3.09% | 2027-02-17 | 0.01% | DE000BHY0B14 |
| DZ Bank AG | 3.37% | 2027-02-15 | 0.50% | DE000DDA0Q61 |
| Banco Santander SA | 3.29% | 2027-05-04 | 4.62% | ES0413900160 |
| Credit Agricole | 2.93% | 2027-05-05 | 0.75% | FR0013254273 |
| DZ Bank AG | 3.25% | 2027-07-30 | 3.25% | DE000A351XS1 |
| Muenchener Hypothekenbank EG | 3.04% | 2027-08-04 | 3.00% | DE000MHB32J7 |
| DZ Bank AG | 3.44% | 2027-12-20 | 2.38% | DE000DJ9A115 |
| Compagnie de Financement Foncier | 3.38% | 2028-01-11 | 0.75% | FR0013309549 |
| Belfius Bank SA/NV | 3.28% | 2028-06-12 | 1.00% | BE0002598762 |
| DZ Bank AG | 3.44% | 2028-06-23 | 0.01% | DE000A289PA7 |
| BSK 1818 AG | 3.43% | 2029-03-12 | 3.38% | DE000A30VRE4 |
| Deutsche Bank AG | 3.58% | 2029-03-13 | 3.38% | DE000A352BT3 |
| Compagnie de Financement Foncier | 3.64% | 2030-03-15 | 2.38% | FR001400CM22 |
| Nord/LB | 3.50% | 2030-03-19 | 2.88% | DE000NLB34Y2 |
| Lbbw | 3.58% | 2031-03-12 | 2.75% | DE000LB39AS0 |
| Oldenburgische Landesbank AG | 3.92% | 2031-03-17 | 0.05% | DE000A11QJK8 |
| Hamburger Sparkasse AG | 3.55% | 2032-03-22 | 2.62% | DE000A460CJ3 |
| Kommunalkredit Austria AG | 3.82% | 2032-04-15 | 3.25% | AT0000A3TYA4 |
| Credit Agricole | 3.85% | 2033-03-15 | 0.12% | IT0005437733 |
| DZ Bank AG | 3.64% | 2033-04-27 | 0.20% | DE000A3E5S18 |
| Commerzbank AG | 3.72% | 2034-03-13 | 3.00% | DE000CZ45YB1 |
| DZ Bank AG | 3.87% | 2035-03-21 | 4.71% | DE000DZ78AC8 |
| Deutsche Kreditbank AG | 3.78% | 2036-03-21 | 2.88% | DE000SCB0054 |
| Commerzbank AG | 3.80% | 2039-04-18 | 3.13% | DE000CZ45YG0 |
| Credit Agricole | 4.42% | 2045-01-17 | 1.00% | IT0005397036 |
| DZ Bank AG | 4.24% | 2055-12-16 | 3.63% | DE000A460PR8 |