Euro Secured Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-secured-callable
Euro Secured Callable Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.00%, fitted curve 6M–40Y (3.50%–4.37%), 95 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 3.50% | — |
| 18M | 3.56% | 3.63% |
| 2Y | 3.59% | 3.72% |
| 3Y | 3.65% | 3.81% |
| 4Y | 3.71% | 3.93% |
| 5Y | 3.76% | 4.04% |
| 6Y | 3.81% | 4.15% |
| 7Y | 3.86% | 4.25% |
| 8Y | 3.91% | 4.35% |
| 9Y | 3.96% | 4.43% |
| 10Y | 4.00% | 4.51% |
| 15Y | 4.16% | 4.67% |
| 20Y | 4.26% | 4.79% |
| 25Y | 4.32% | 4.78% |
| 30Y | 4.35% | 4.72% |
| 40Y | 4.37% | 4.62% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.59% and the 10-year 4.00%, a 10Y−2Y spread of +40 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.59% | 3.29% | 3.12% | 3.12% | 3.15% | 3.12% | 2.82% |
| 10Y | 4.00% | 3.72% | 3.63% | 3.62% | 3.57% | 3.63% | 3.51% |
| 10Y − 2Y | +40 bp | +44 bp | +50 bp | +51 bp | +42 bp | +51 bp | +68 bp |
Yields by rating group
The same curve split by credit quality: 93 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.79%, A+ to BBB- 4.24%, Speculative 6.66%.
Bonds in this curve
A selection of 30 of the 99 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| DZ Bank AG | 3.40% | 2027-03-22 | 0.68% | DE000DFK0QF1 |
| DZ Bank AG | 3.11% | 2027-04-14 | 1.43% | DE000DFK0Q40 |
| DZ Bank AG | 3.37% | 2028-01-21 | 0.32% | DE000DFK0NV5 |
| Kemira OYJ | 3.75% | 2028-03-30 | 1.00% | FI4000496468 |
| Transmission Finance DAC | 3.82% | 2028-06-18 | 0.38% | XS2352405216 |
| Elia Group SA/NV | 3.85% | 2028-09-05 | 1.50% | BE0002596741 |
| DZ Bank AG | 3.53% | 2029-04-19 | 1.56% | DE000DFK0Q57 |
| DZ Bank AG | 3.69% | 2030-01-25 | 0.05% | DE000DFK0GU1 |
| DZ Bank AG | 3.70% | 2030-04-12 | 0.17% | DE000DFK0J49 |
| DZ Bank AG | 3.71% | 2030-09-17 | 2.71% | DE000DJ9AZQ9 |
| DZ Bank AG | 3.69% | 2031-03-12 | 0.30% | DE000DFK0H74 |
| DZ Bank AG | 3.75% | 2031-03-27 | 0.18% | DE000DFK0G91 |
| Commerzbank AG | 3.76% | 2032-03-23 | 1.25% | DE000CZ45W40 |
| DZ Bank AG | 3.77% | 2032-04-05 | 1.55% | DE000DFK0QP0 |
| Sydney Airport Finance Company PTY Limited | 4.25% | 2033-05-03 | 4.38% | XS2613209670 |
| Allgemeine Sparkasse Oberoesterreich Bank AG | 3.89% | 2033-05-24 | 0.48% | AT000B101423 |
| DZ Bank AG | 3.87% | 2034-03-15 | 1.50% | DE000DFK0QA2 |
| Australia Pacific Airports (Melbourne) PTY Limited | 4.51% | 2034-06-07 | 4.00% | XS2776519980 |
| Societe Generale | 4.26% | 2035-06-23 | 0.65% | FR00140045Q2 |
| DZ Bank AG | 3.93% | 2035-11-09 | 1.00% | DE000DFK0MF0 |
| DZ Bank AG | 3.95% | 2036-04-29 | 0.70% | DE000DFK0J72 |
| DZ Bank AG | 3.98% | 2036-04-28 | 0.75% | DE000DFK0KB3 |
| DZ Bank AG | 4.13% | 2041-01-21 | 0.80% | DE000DFK0GK2 |
| DZ Bank AG | 4.38% | 2044-02-09 | 3.78% | DE000DJ9AF20 |
| DZ Bank AG | 4.47% | 2048-04-30 | 4.00% | DE000DJ9AKP3 |
| DZ Bank AG | 4.28% | 2049-02-19 | 1.85% | DE000DDA0Q87 |
| Helaba | 4.19% | 2049-12-10 | 1.24% | DE000HLB4YE9 |
| DZ Bank AG | 4.43% | 2051-01-30 | 3.87% | DE000DP9BFE7 |
| DZ Bank AG | 4.33% | 2054-10-08 | 3.51% | DE000DJ9APQ0 |
| Helaba | 4.49% | 2063-09-06 | 3.83% | DE000HLB43Y5 |