Euro Senior Unsecured Real Estate / Construction Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-senior-unsecured-real-estate-construction
Euro Senior Unsecured Real Estate / Construction Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.94%, fitted curve 1M–25Y (3.17%–5.45%), 256 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.17% | — |
| 3M | 3.25% | 3.28% |
| 6M | 3.37% | 3.55% |
| 9M | 3.50% | 3.91% |
| 12M | 3.62% | 3.91% |
| 18M | 3.80% | 4.22% |
| 2Y | 3.95% | 4.46% |
| 3Y | 4.21% | 4.81% |
| 4Y | 4.42% | 5.17% |
| 5Y | 4.58% | 5.39% |
| 6Y | 4.70% | 5.49% |
| 7Y | 4.79% | 5.51% |
| 8Y | 4.85% | 5.49% |
| 9Y | 4.90% | 5.46% |
| 10Y | 4.94% | 5.48% |
| 15Y | 5.36% | 6.83% |
| 25Y | 5.45% | 5.77% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.95% and the 10-year 4.94%, a 10Y−2Y spread of +99 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 | 3.95% | 3.43% | 3.31% | 3.39% | 3.44% | 3.43% | 3.07% |
| 10Y | 4.94% | 4.41% | 4.32% | 4.43% | 4.48% | 4.43% | 4.26% |
| 10Y − 2Y | +99 bp | +98 bp | +101 bp | +104 bp | +104 bp | +100 bp | +119 bp |
Yields by rating group
The same curve split by credit quality: 232 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 4.40%, Speculative 5.44%.
Bonds in this curve
A selection of 30 of the 263 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| CTP N.V. | 5.14% | 2026-09-27 | 0.62% | XS2390530330 |
| NE Property BV | 5.86% | 2026-10-09 | 1.88% | XS2063535970 |
| Argan | 3.22% | 2026-11-17 | 1.01% | FR0014006FB8 |
| Holcim LTD | 3.25% | 2026-11-29 | 0.50% | XS2081615473 |
| Fastighets AB Balder | 3.61% | 2027-01-29 | 1.12% | XS2050448336 |
| Webuild S.P.A. | 5.55% | 2027-01-28 | 3.62% | XS2102392276 |
| Unibail-Rodamco-Westfield SE | 3.41% | 2027-04-28 | 1.12% | XS1401196958 |
| Unibail-Rodamco-Westfield SE | 3.25% | 2027-05-04 | 0.62% | FR0014000UC8 |
| Atrium Finance PLC | 6.87% | 2027-09-05 | 2.62% | XS2294495838 |
| Icade | 3.62% | 2027-09-13 | 1.50% | FR0013281755 |
| Grand City Properties S.A. | 3.98% | 2028-01-11 | 0.12% | XS2282101539 |
| Vonovia SE | 3.60% | 2028-01-14 | 1.50% | DE000A19UR79 |
| Vonovia SE | 3.74% | 2028-06-28 | 1.88% | DE000A3MQS64 |
| Aroundtown SA | 4.03% | 2028-07-09 | 1.45% | XS2023873149 |
| NEW Immo Holding SA | 5.44% | 2029-03-22 | 6.00% | FR001400KWR6 |
| VGP NV | 4.21% | 2029-04-08 | 1.50% | BE6327721237 |
| Gecina | 4.15% | 2030-03-14 | 1.62% | FR0013322989 |
| Vonovia SE | 4.26% | 2030-03-22 | 2.12% | DE000A19X8B2 |
| Compagnie de Saint-Gobain SA | 4.01% | 2031-03-15 | 1.88% | XS1962571011 |
| Vonovia SE | 4.46% | 2031-03-24 | 0.62% | DE000A3E5FR9 |
| Vonovia SE | 4.38% | 2032-03-25 | 2.38% | DE000A3MQS72 |
| Unibail-Rodamco-Westfield SE | 4.33% | 2032-03-29 | 0.88% | FR0013456621 |
| LEG Immobilien SE | 4.84% | 2033-03-30 | 0.88% | DE000A3H3JU7 |
| Compagnie de Saint-Gobain SA | 4.95% | 2033-03-28 | 3.88% | XS0906397491 |
| Vonovia SE | 4.76% | 2034-04-10 | 4.25% | DE000A3829J7 |
| Hochtief AG | 4.55% | 2034-04-15 | 4.00% | DE000A46ZW17 |
| Icade | 5.61% | 2035-05-22 | 4.38% | FR001400ZRC6 |
| Unibail-Rodamco-Westfield SE | 4.75% | 2036-04-28 | 2.00% | XS1401197253 |
| Vonovia SE | 5.21% | 2039-10-07 | 1.62% | DE000A2R8NE1 |
| Unibail-Rodamco-Westfield SE | 5.27% | 2049-07-01 | 1.75% | FR0013431715 |