Germany A–BBB Senior Unsecured Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-senior-unsecured-a-bbb-banks-germany
Germany A–BBB Senior Unsecured Banks Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.68%, fitted curve 1M–25Y (3.73%–5.93%), 180 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.73% | — |
| 3M | 3.75% | 3.76% |
| 6M | 3.77% | 3.87% |
| 9M | 3.80% | 3.91% |
| 12M | 3.82% | 3.91% |
| 18M | 3.87% | 4.01% |
| 2Y | 3.92% | 4.11% |
| 3Y | 4.01% | 4.26% |
| 4Y | 4.11% | 4.47% |
| 5Y | 4.21% | 4.69% |
| 6Y | 4.30% | 4.91% |
| 7Y | 4.40% | 5.13% |
| 8Y | 4.49% | 5.36% |
| 9Y | 4.58% | 5.60% |
| 10Y | 4.68% | 5.84% |
| 15Y | 5.13% | 6.63% |
| 20Y | 5.54% | 8.18% |
| 25Y | 5.93% | 10.32% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.92% and the 10-year 4.68%, a 10Y−2Y spread of +76 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 | 3.92% | 3.62% | 3.51% | 3.53% | 3.59% | 3.56% | 3.27% |
| 10Y | 4.68% | — | 4.33% | 4.38% | 4.42% | 4.31% | 4.39% |
| 10Y − 2Y | +76 bp | — | +82 bp | +86 bp | +83 bp | +76 bp | +112 bp |
Bonds in this curve
A selection of 30 of the 184 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Commerzbank AG | 5.25% | 2026-10-05 | 3.40% | DE000CZ43Z80 |
| Commerzbank AG | 5.19% | 2026-10-09 | 2.30% | DE000CZ45Y06 |
| Commerzbank AG | 5.24% | 2026-11-16 | 1.82% | DE000CZ40KF2 |
| Commerzbank AG | 2.94% | 2026-12-04 | 0.50% | DE000CZ45VC5 |
| Commerzbank AG | 3.99% | 2027-02-02 | 2.50% | DE000CZ439Q4 |
| Commerzbank AG | 4.28% | 2027-02-01 | 3.48% | DE000CZ439X0 |
| Commerzbank AG | 3.89% | 2027-05-24 | 1.66% | DE000CZ40L71 |
| ProCredit Holding AG | 5.40% | 2027-06-11 | 6.00% | DE000A0N37P3 |
| Commerzbank AG | 3.22% | 2027-09-01 | 0.38% | DE000CZ45V82 |
| Aareal Bank AG | 3.60% | 2027-11-23 | 0.25% | DE000A289LU4 |
| Aareal Bank AG | 6.41% | 2027-12-13 | 1.21% | DE000A12T7S1 |
| Commerzbank AG | 3.55% | 2027-12-15 | 4.10% | DE000CZ43ZL2 |
| Deutsche Bank AG | 4.54% | 2028-07-05 | 4.95% | DE000A351S27 |
| Hamburg Commercial Bank AG | 4.01% | 2028-07-24 | 4.50% | DE000HCB0B44 |
| Commerzbank AG | 4.06% | 2029-03-12 | 0.42% | DE000CB0HRZ0 |
| Commerzbank AG | 4.08% | 2029-04-18 | 3.58% | DE000CZ45YH8 |
| Commerzbank AG | 3.74% | 2030-03-20 | 2.40% | DE000CZ457Z7 |
| Wustenrot Bausparkasse AG | 4.08% | 2030-05-20 | 3.38% | DE000WBP0BM5 |
| Deutsche Bank AG | 4.83% | 2031-03-31 | 2.31% | DE000DL19TL3 |
| Aareal Bank AG | 3.73% | 2031-04-18 | 0.52% | DE000A289LY6 |
| Deutsche Bank AG | 4.45% | 2032-07-22 | 4.25% | DE000A30VS23 |
| Commerzbank AG | 4.54% | 2033-02-14 | 4.73% | DE000CZ43ZT5 |
| Aareal Bank AG | 5.08% | 2033-05-13 | 2.66% | DE000A1RE4L8 |
| Deutsche Bank AG | 4.22% | 2033-05-30 | 3.51% | DE000A4DFUD5 |
| Deutsche Bank AG | 5.13% | 2034-04-03 | 2.78% | DE000DB7XRB2 |
| Aareal Bank AG | 5.13% | 2035-03-20 | 1.85% | DE000A12T8N0 |
| Aareal Bank AG | 5.65% | 2036-07-21 | 1.80% | DE000A12T796 |
| Commerzbank AG | 4.64% | 2039-03-14 | 2.55% | DE000CZ439Z5 |
| Aareal Bank AG | 5.29% | 2045-01-12 | 1.74% | DE000A12T7N2 |
| Deutsche Bank AG | 6.16% | 2049-10-11 | 0.69% | DE000DL19UY4 |