Belgium A–BBB Senior Unsecured Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-senior-unsecured-a-bbb-belgium
Belgium A–BBB Senior Unsecured Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.41%, fitted curve 3M–20Y (3.34%–5.01%), 69 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.34% | — |
| 6M | 3.38% | 3.47% |
| 9M | 3.42% | 3.57% |
| 12M | 3.46% | 3.57% |
| 18M | 3.53% | 3.73% |
| 2Y | 3.61% | 3.88% |
| 3Y | 3.76% | 4.11% |
| 4Y | 3.89% | 4.39% |
| 5Y | 4.02% | 4.64% |
| 6Y | 4.13% | 4.84% |
| 7Y | 4.23% | 4.99% |
| 8Y | 4.31% | 5.05% |
| 9Y | 4.37% | 5.00% |
| 10Y | 4.41% | 4.90% |
| 15Y | 4.69% | 5.63% |
| 20Y | 5.01% | 6.81% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.61% and the 10-year 4.41%, a 10Y−2Y spread of +80 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 | 3.61% | 3.25% | 3.16% | 3.19% | 3.23% | 3.32% | 2.98% |
| 10Y | 4.41% | 4.03% | 3.95% | 3.96% | 4.12% | 4.14% | 3.99% |
| 10Y − 2Y | +80 bp | +78 bp | +79 bp | +76 bp | +89 bp | +82 bp | +101 bp |
Bonds in this curve
A selection of 30 of the 69 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Fluvius System Operator | 3.11% | 2026-12-04 | 1.75% | BE0002481563 |
| Anheuser-Busch Inbev SA/NV | 3.17% | 2027-01-22 | 1.15% | BE6301510028 |
| Argenta Spaarbank N.V. | 3.11% | 2027-01-29 | 1.00% | BE6318702253 |
| Elia Transmission Belgium N.V. | 3.46% | 2027-04-07 | 1.38% | BE0002276450 |
| Belfius Bank SA/NV | 2.96% | 2027-06-08 | 0.38% | BE6328785207 |
| Fluvius System Operator | 3.94% | 2027-06-28 | 4.00% | BE0002952332 |
| Anheuser-Busch Inbev SA/NV | 3.28% | 2027-12-02 | 2.12% | BE6320934266 |
| Crelan SA | 3.61% | 2028-01-26 | 5.75% | BE0002913946 |
| Anheuser-Busch Inbev SA/NV | 3.60% | 2028-03-17 | 2.00% | BE6285455497 |
| Fluvius System Operator | 3.50% | 2028-06-14 | 0.25% | BE0002803840 |
| Belfius Bank SA/NV | 3.52% | 2028-06-12 | 3.88% | BE6344187966 |
| Elia Transmission Belgium N.V. | 3.81% | 2029-04-07 | 3.00% | BE0002466416 |
| VGP NV | 4.20% | 2029-04-08 | 1.50% | BE6327721237 |
| Anheuser-Busch Inbev SA/NV | 3.53% | 2030-04-18 | 1.50% | BE6276040431 |
| Belfius Bank SA/NV | 3.94% | 2030-04-24 | 3.92% | BE6343192710 |
| Fluvius System Operator | 3.96% | 2031-03-18 | 3.88% | BE0002964451 |
| Anheuser-Busch Inbev SA/NV | 3.82% | 2031-03-28 | 1.65% | BE6312822628 |
| Anheuser-Busch Inbev SA/NV | 3.88% | 2032-04-02 | 2.88% | BE6320935271 |
| Belfius Bank SA/NV | 4.25% | 2032-04-14 | 3.88% | BE0390305747 |
| Elia Transmission Belgium N.V. | 4.58% | 2033-04-04 | 3.50% | BE0002433085 |
| Fluvius System Operator | 4.28% | 2033-05-09 | 3.88% | BE0002939206 |
| Proximus SA | 4.40% | 2034-03-27 | 3.75% | BE0390123868 |
| Fluvius System Operator | 4.32% | 2034-05-02 | 3.88% | BE0390128917 |
| Fluvius System Operator | 4.37% | 2035-03-12 | 3.50% | BE0390201672 |
| Proximus SA | 4.42% | 2035-04-08 | 3.75% | BE0390211770 |
| Anheuser-Busch Inbev SA/NV | 4.27% | 2036-03-17 | 2.75% | BE6285457519 |
| Proximus SA | 4.23% | 2036-11-17 | 0.75% | BE0002830116 |
| Anheuser-Busch Inbev SA/NV | 4.56% | 2040-04-02 | 3.70% | BE6320936287 |
| Anheuser-Busch Inbev SA/NV | 4.82% | 2044-03-22 | 3.95% | BE6350704175 |
| Fluvius System Operator | 5.13% | 2044-10-27 | 3.00% | BE6272359488 |