Germany A–BBB Senior Unsecured Utilities & Power Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-15
https://bondscovery.com/yield-curve/eur-corporate-senior-unsecured-a-bbb-utilities-power-germany
Germany A–BBB Senior Unsecured Utilities & Power Corporate Bond Yields (EUR) as of 2026-09-15: 10Y at 4.66%, fitted curve 12M–20Y (3.69%–5.05%), 48 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 3.69% | — |
| 18M | 3.75% | 3.93% |
| 2Y | 3.82% | 4.07% |
| 3Y | 3.95% | 4.28% |
| 4Y | 4.08% | 4.54% |
| 5Y | 4.20% | 4.79% |
| 6Y | 4.31% | 5.01% |
| 7Y | 4.41% | 5.20% |
| 8Y | 4.50% | 5.37% |
| 9Y | 4.59% | 5.51% |
| 10Y | 4.66% | 5.62% |
| 15Y | 4.92% | 5.79% |
| 20Y | 5.05% | 5.79% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.82% and the 10-year 4.66%, a 10Y−2Y spread of +84 bp — positively sloped — as of 2026-09-15. 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 | Latest2026-09-15 | 1m ago2026-08-17 | 2m ago2026-07-17 | 3m ago2026-06-17 | 4m ago2026-05-18 | 5m ago2026-04-17 | 6m ago2026-03-20 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.82% | 3.31% | 3.27% | 3.15% | 3.24% | 3.13% | 3.15% |
| 10Y | 4.66% | 4.20% | 4.13% | 4.00% | 4.15% | 4.02% | 4.01% |
| 10Y − 2Y | +84 bp | +89 bp | +86 bp | +85 bp | +91 bp | +89 bp | +86 bp |
Bonds in this curve
A selection of 30 of the 48 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Amprion GmbH | 3.48% | 2027-09-22 | 3.45% | DE000A30VPL3 |
| Vier GAS Transport Gmbh | 3.59% | 2027-09-26 | 4.00% | XS2535724772 |
| Eurogrid Gmbh | 3.56% | 2027-10-18 | 3.08% | XS2919679816 |
| E.ON SE | 3.54% | 2028-02-20 | 0.75% | XS2177580250 |
| Eurogrid Gmbh | 3.87% | 2028-04-18 | 1.50% | XS1396285279 |
| EWE AG | 4.01% | 2028-06-08 | 0.25% | DE000A3E5L98 |
| Amprion GmbH | 3.88% | 2028-09-07 | 3.88% | DE000A3514E6 |
| Vier GAS Transport Gmbh | 3.81% | 2028-09-25 | 1.50% | XS1882681452 |
| E.ON SE | 3.59% | 2028-12-19 | 0.10% | XS2288948859 |
| EEW Energy From Waste Gmbh | 4.50% | 2029-06-24 | 3.88% | XS3385465482 |
| Amprion GmbH | 3.99% | 2029-09-30 | 2.75% | DE000A460N20 |
| Eurogrid Gmbh | 3.96% | 2029-10-16 | 2.89% | XS3201899856 |
| Eurogrid Gmbh | 4.09% | 2030-04-27 | 3.72% | XS2615183501 |
| Tennet Gmbh & CO KG | 4.03% | 2030-07-15 | 3.25% | XS3433863621 |
| Amprion GmbH | 4.11% | 2030-08-27 | 3.12% | DE000A383QQ2 |
| Amprion GmbH | 4.18% | 2031-05-21 | 3.62% | DE000A383BP6 |
| E.ON SE | 4.05% | 2031-08-20 | 0.88% | XS2177580508 |
| Eurogrid Gmbh | 4.27% | 2032-05-15 | 1.11% | XS2171713006 |
| Amprion GmbH | 4.30% | 2032-09-22 | 3.97% | DE000A30VPM1 |
| Eurogrid Gmbh | 4.42% | 2033-04-21 | 0.74% | XS2333297625 |
| Vier GAS Transport Gmbh | 4.45% | 2033-09-08 | 3.62% | XS3170345980 |
| EWE AG | 4.49% | 2034-05-28 | 3.88% | DE000A46ZXA7 |
| Tennet Gmbh & CO KG | 4.33% | 2034-07-15 | 3.62% | XS3433863977 |
| Eurogrid Gmbh | 4.55% | 2035-10-18 | 3.73% | XS2919680236 |
| Amprion GmbH | 4.60% | 2036-06-05 | 3.88% | DE000A4DFUF0 |
| Eurogrid Gmbh | 4.70% | 2037-05-28 | 4.06% | XS3077380825 |
| Amprion GmbH | 4.90% | 2039-08-27 | 3.85% | DE000A383QR0 |
| Amprion GmbH | 4.95% | 2040-09-30 | 4.00% | DE000A460N38 |
| Amprion GmbH | 5.06% | 2044-05-21 | 4.00% | DE000A383BQ4 |
| Amprion GmbH | 5.19% | 2046-01-15 | 4.58% | DE000A460EZ5 |