Euro 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-non-callable
Euro A–BBB Senior Unsecured Non-Callable Banks Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.52%, fitted curve 1M–25Y (3.44%–5.30%), 625 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.44% | — |
| 3M | 3.47% | 3.48% |
| 6M | 3.51% | 3.61% |
| 9M | 3.55% | 3.72% |
| 12M | 3.60% | 3.72% |
| 18M | 3.68% | 3.89% |
| 2Y | 3.76% | 4.06% |
| 3Y | 3.91% | 4.29% |
| 4Y | 4.05% | 4.55% |
| 5Y | 4.17% | 4.75% |
| 6Y | 4.27% | 4.89% |
| 7Y | 4.35% | 4.99% |
| 8Y | 4.42% | 5.05% |
| 9Y | 4.47% | 5.08% |
| 10Y | 4.52% | 5.11% |
| 15Y | 4.78% | 5.67% |
| 20Y | 5.26% | 8.07% |
| 25Y | 5.30% | 5.66% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.76% and the 10-year 4.52%, a 10Y−2Y spread of +76 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 | 3.76% | 3.51% | 3.33% | 3.32% | 3.34% | 3.31% | 3.09% |
| 10Y | 4.52% | 4.13% | 4.08% | 4.08% | 4.09% | 4.09% | 3.97% |
| 10Y − 2Y | +76 bp | +63 bp | +74 bp | +75 bp | +75 bp | +78 bp | +88 bp |
Bonds in this curve
A selection of 30 of the 638 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Commerzbank AG | 5.25% | 2026-10-05 | 3.40% | DE000CZ43Z80 |
| Banco Santander SA | 7.24% | 2026-10-04 | 0.30% | XS2063247915 |
| Caixabank SA | 2.94% | 2026-11-12 | 1.12% | ES0213307061 |
| Banco Santander SA | 3.36% | 2026-11-14 | 0.50% | XS2078692105 |
| Argenta Spaarbank N.V. | 3.11% | 2027-01-29 | 1.00% | BE6318702253 |
| Commerzbank AG | 3.99% | 2027-02-02 | 2.50% | DE000CZ439Q4 |
| Morgan Stanley | 3.08% | 2027-04-27 | 1.88% | XS1603892149 |
| Nationwide Building Society | 3.07% | 2027-04-28 | 2.00% | XS2473346299 |
| Erste Group Bank AG | 4.13% | 2027-08-05 | 0.30% | AT0000A28KP3 |
| Commerzbank AG | 3.22% | 2027-09-01 | 0.38% | DE000CZ45V82 |
| Aareal Bank AG | 6.41% | 2027-12-13 | 1.21% | DE000A12T7S1 |
| Erste Group Bank AG | 4.05% | 2027-12-18 | 2.40% | AT0000A3GE67 |
| Belfius Bank SA/NV | 3.52% | 2028-06-12 | 3.88% | BE6344187966 |
| Cassa Centrale Raiffeisen Dell Alto Adige SPA | 4.11% | 2028-06-16 | 5.38% | XS2634567429 |
| Banque Federative du Credit Mutuel | 3.74% | 2029-03-13 | 4.12% | FR001400GGZ0 |
| Industrial and Commercial Bank of China LTD | 3.48% | 2029-03-16 | 2.75% | XS3298231567 |
| Eurobank SA | 3.90% | 2030-03-12 | 3.25% | XS2956845262 |
| Morgan Stanley | 3.83% | 2030-03-21 | 3.79% | XS2790333707 |
| Erste Group Bank AG | 4.32% | 2031-03-13 | 3.10% | AT0000A3AJS7 |
| Bbva | 3.76% | 2031-03-26 | 3.50% | XS2790910272 |
| Mizuho Financial Group | 4.18% | 2032-04-08 | 2.10% | XS2465984529 |
| Erste Group Bank AG | 4.33% | 2032-04-17 | 3.00% | AT0000A3BK56 |
| Standard Chartered PLC | 4.21% | 2033-03-17 | 3.86% | XS3022397460 |
| AIB Group PLC | 3.97% | 2033-03-20 | 3.75% | XS3027988933 |
| Deutsche Bank AG | 5.13% | 2034-04-03 | 2.78% | DE000DB7XRB2 |
| Aareal Bank AG | 5.13% | 2035-03-20 | 1.85% | DE000A12T8N0 |
| Erste Group Bank AG | 4.54% | 2036-05-12 | 3.40% | AT0000A3TZY1 |
| 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 |