Germany A–BBB Senior Unsecured Callable Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-04
https://bondscovery.com/yield-curve/eur-corporate-senior-unsecured-a-bbb-banks-germany-callable
Germany A–BBB Senior Unsecured Callable Banks Corporate Bond Yields (EUR) as of 2026-09-04: 10Y at 4.52%, fitted curve 6M–20Y (3.57%–5.22%), 70 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 3.57% | — |
| 12M | 3.62% | 3.70% |
| 18M | 3.67% | 3.80% |
| 2Y | 3.72% | 3.90% |
| 3Y | 3.81% | 4.07% |
| 4Y | 3.92% | 4.29% |
| 5Y | 4.02% | 4.52% |
| 6Y | 4.12% | 4.76% |
| 7Y | 4.22% | 5.00% |
| 8Y | 4.32% | 5.24% |
| 9Y | 4.42% | 5.48% |
| 10Y | 4.52% | 5.71% |
| 15Y | 4.93% | 6.29% |
| 20Y | 5.22% | 6.95% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.72% and the 10-year 4.52%, a 10Y−2Y spread of +80 bp — positively sloped — as of 2026-09-04. 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 | Latest2026-09-04 |
|---|---|
| 2Y | 3.72% |
| 10Y | 4.52% |
| 10Y − 2Y | +80 bp |
Bonds in this curve
A selection of 30 of the 71 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Commerzbank AG | 3.79% | 2027-02-01 | 3.48% | DE000CZ439X0 |
| Commerzbank AG | 2.99% | 2027-09-14 | 3.00% | DE000CZ45W57 |
| Deutsche Bank AG | 3.20% | 2027-11-29 | 4.00% | DE000A30VQ09 |
| Commerzbank AG | 3.48% | 2027-12-15 | 4.10% | DE000CZ43ZL2 |
| Commerzbank AG | 3.82% | 2028-03-13 | 0.29% | DE000CZ45VU7 |
| Commerzbank AG | 4.06% | 2028-03-21 | 4.62% | DE000CZ43ZB3 |
| Deutsche Bank AG | 3.63% | 2028-07-12 | 4.00% | DE000A383J95 |
| Hamburg Commercial Bank AG | 3.80% | 2028-07-24 | 4.50% | DE000HCB0B44 |
| Deutsche Bank AG | 2.98% | 2028-08-13 | 2.62% | DE000A4DFSK4 |
| Commerzbank AG | 3.98% | 2029-03-12 | 0.42% | DE000CB0HRZ0 |
| Commerzbank AG | 4.11% | 2029-03-25 | 5.25% | DE000CZ439B6 |
| Commerzbank AG | 4.17% | 2029-05-28 | 1.11% | DE000CZ40NZ4 |
| Commerzbank AG | 3.65% | 2030-03-20 | 2.40% | DE000CZ457Z7 |
| Deutsche Bank AG | 3.81% | 2030-04-04 | 4.12% | DE000A3829D0 |
| Commerzbank AG | 3.57% | 2030-06-06 | 3.12% | DE000CZ45ZU8 |
| Deutsche Bank AG | 3.87% | 2031-04-08 | 2.71% | DE000DL19WQ6 |
| Commerzbank AG | 4.20% | 2031-06-30 | 0.88% | DE000CZ45WL4 |
| Commerzbank AG | 3.76% | 2032-04-15 | 3.38% | DE000CZ46CC3 |
| Deutsche Bank AG | 4.01% | 2032-07-14 | 3.62% | DE000A5GS0P0 |
| Commerzbank AG | 4.08% | 2033-06-03 | 3.75% | DE000CZ46CR1 |
| Commerzbank AG | 4.18% | 2034-06-06 | 3.75% | DE000CZ45ZV6 |
| Commerzbank AG | 4.35% | 2034-06-28 | 1.15% | DE000CZ45WM2 |
| Deutsche Bank AG | 5.11% | 2035-04-09 | 1.75% | DE000DB7XLM2 |
| Deutsche Bank AG | 4.32% | 2035-07-12 | 4.50% | DE000A383KA9 |
| Aareal Bank AG | 5.57% | 2036-07-21 | 1.80% | DE000A12T796 |
| Commerzbank AG | 4.31% | 2036-09-02 | 3.88% | DE000CZ457B8 |
| Commerzbank AG | 4.88% | 2040-01-23 | 1.43% | DE000CZ45VN2 |
| Commerzbank AG | 4.22% | 2040-12-18 | 4.01% | DE000CZ45ZX2 |
| Commerzbank AG | 4.69% | 2045-07-09 | 4.05% | DE000CZ45Z13 |
| Deutsche Bank AG | 5.64% | 2048-04-14 | 3.50% | DE000DL19WR4 |