Germany A–BBB Senior Unsecured Non-Callable Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-senior-unsecured-a-bbb-banks-germany-non-callable
Germany A–BBB Senior Unsecured Non-Callable Banks Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.72%, fitted curve 1M–25Y (3.68%–6.03%), 148 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.68% | — |
| 3M | 3.70% | 3.71% |
| 6M | 3.73% | 3.82% |
| 9M | 3.75% | 3.87% |
| 12M | 3.78% | 3.87% |
| 18M | 3.83% | 3.98% |
| 2Y | 3.88% | 4.09% |
| 3Y | 3.99% | 4.26% |
| 4Y | 4.09% | 4.49% |
| 5Y | 4.20% | 4.73% |
| 6Y | 4.31% | 4.97% |
| 7Y | 4.41% | 5.23% |
| 8Y | 4.52% | 5.49% |
| 9Y | 4.62% | 5.75% |
| 10Y | 4.72% | 6.03% |
| 15Y | 5.22% | 6.89% |
| 20Y | 5.66% | 8.49% |
| 25Y | 6.03% | 10.42% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.88% and the 10-year 4.72%, a 10Y−2Y spread of +84 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 | 3.88% | 3.64% | 3.49% | 3.52% | 3.55% | 3.55% | 3.23% |
| 10Y | 4.72% | — | 4.31% | 4.36% | 4.28% | 4.31% | 4.33% |
| 10Y − 2Y | +84 bp | — | +82 bp | +84 bp | +74 bp | +76 bp | +110 bp |
Bonds in this curve
A selection of 30 of the 151 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 |
| Deutsche Pfandbriefbank AG | 3.77% | 2027-02-05 | 5.00% | DE000A30WF84 |
| 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 | 3.73% | 2027-12-21 | 1.30% | DE000CZ40ML6 |
| Deutsche Bank AG | 4.54% | 2028-07-05 | 4.95% | DE000A351S27 |
| Aareal Bank AG | 4.46% | 2028-08-22 | 3.11% | DE000A1TNCK4 |
| Commerzbank AG | 4.08% | 2029-04-18 | 3.58% | DE000CZ45YH8 |
| Hamburg Commercial Bank AG | 3.91% | 2029-05-02 | 4.75% | DE000HCB0B36 |
| Wustenrot Bausparkasse AG | 4.08% | 2030-05-20 | 3.38% | DE000WBP0BM5 |
| Commerzbank AG | 4.16% | 2030-10-17 | 2.65% | DE000CZ457F9 |
| Deutsche Bank AG | 4.83% | 2031-03-31 | 2.31% | DE000DL19TL3 |
| Aareal Bank AG | 3.73% | 2031-04-18 | 0.52% | DE000A289LY6 |
| Stadtsparkasse Dusseldorf | 3.80% | 2032-03-30 | 2.75% | DE000A383WB2 |
| Deutsche Bank AG | 4.45% | 2032-07-22 | 4.25% | DE000A30VS23 |
| 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 | 4.69% | 2037-05-18 | 2.78% | DE000A1TNDD7 |
| 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 |