United Kingdom Senior Unsecured Non-Callable Banks Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-senior-unsecured-banks-united-kingdom-non-callable
United Kingdom Senior Unsecured Non-Callable Banks Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.41%, fitted curve 1M–10Y (3.30%–4.41%), 50 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.30% | — |
| 6M | 3.33% | 3.37% |
| 9M | 3.36% | 3.53% |
| 12M | 3.41% | 3.53% |
| 18M | 3.56% | 3.91% |
| 2Y | 3.67% | 4.05% |
| 3Y | 3.82% | 4.17% |
| 4Y | 3.97% | 4.54% |
| 5Y | 4.12% | 4.84% |
| 6Y | 4.24% | 4.97% |
| 7Y | 4.32% | 4.94% |
| 8Y | 4.37% | 4.83% |
| 9Y | 4.39% | 4.73% |
| 10Y | 4.41% | 4.64% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.67% and the 10-year 4.41%, a 10Y−2Y spread of +74 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.67% | 3.22% | 3.13% | 3.17% | 3.22% | 3.17% | 2.83% |
| 10Y | 4.41% | 4.02% | 3.94% | 3.94% | 4.04% | 3.94% | 3.93% |
| 10Y − 2Y | +74 bp | +81 bp | +80 bp | +78 bp | +83 bp | +77 bp | +110 bp |
Yields by rating group
The same curve split by credit quality: 53 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.69%, A+ to BBB- 4.05%.
Bonds in this curve
A selection of 30 of the 53 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Nationwide Building Society | 4.77% | 2026-11-01 | 4.50% | XS2710354544 |
| Natwest Group PLC | 3.54% | 2027-03-02 | 1.38% | XS2449911143 |
| Hsbc Holdings PLC | 3.54% | 2027-03-15 | 2.50% | XS1379184473 |
| Nationwide Building Society | 3.10% | 2027-04-28 | 2.00% | XS2473346299 |
| Lloyds Banking Group PLC | 3.16% | 2027-05-30 | 4.12% | XS2628821873 |
| Hsbc Holdings PLC | 3.23% | 2027-09-03 | 0.10% | FR0013444304 |
| Lloyds Banking Group PLC | 3.49% | 2027-09-12 | 1.50% | XS1681050610 |
| Natwest Group PLC | 3.56% | 2027-11-04 | 2.75% | XS2931916972 |
| Natwest Group PLC | 3.57% | 2028-01-13 | 4.25% | XS2576255249 |
| Yorkshire Building Society | 3.69% | 2028-07-01 | 0.50% | XS2358471246 |
| Hsbc Holdings PLC | 3.47% | 2028-09-04 | 1.38% | FR0013358124 |
| Nationwide Building Society | 3.76% | 2028-09-14 | 0.25% | XS2385790667 |
| Natwest Group PLC | 3.88% | 2029-06-30 | 3.12% | XS3423992232 |
| Nationwide Building Society | 3.86% | 2029-09-05 | 3.25% | XS2525246901 |
| Coventry Building Society | 3.94% | 2029-10-29 | 3.12% | XS2925933413 |
| Lloyds Banking Group PLC | 3.88% | 2030-03-24 | 3.25% | XS3032035837 |
| Hsbc Holdings PLC | 3.83% | 2030-05-13 | 3.31% | XS3069291196 |
| Natwest Group PLC | 3.80% | 2030-05-13 | 3.24% | XS3069320474 |
| Hsbc Holdings PLC | 3.99% | 2031-05-12 | 3.55% | XS3367696047 |
| Lloyds Banking Group PLC | 4.06% | 2031-07-09 | 3.38% | XS3435287365 |
| Barclays Bank PLC | 4.30% | 2032-05-18 | 2.30% | XS1555613519 |
| Standard Chartered PLC | 4.27% | 2032-05-28 | 3.93% | XS3381221525 |
| Standard Chartered PLC | 4.32% | 2033-03-17 | 3.86% | XS3022397460 |
| Lloyds Banking Group PLC | 4.20% | 2033-05-13 | 3.62% | XS3373528127 |
| Hsbc Holdings PLC | 4.41% | 2034-05-13 | 3.91% | XS3069291782 |
| Natwest Group PLC | 4.29% | 2034-09-03 | 3.63% | XS3170277704 |
| Hsbc Holdings PLC | 4.41% | 2035-09-25 | 3.83% | XS2904541070 |
| Nationwide Building Society | 4.42% | 2036-01-27 | 3.77% | XS2986730617 |
| Hsbc Holdings PLC | 4.46% | 2036-05-12 | 4.09% | XS3367697797 |
| Natwest Group PLC | 4.40% | 2036-05-13 | 3.98% | XS3069320714 |