Euro Senior Unsecured Non-Callable Specialised Finance Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-senior-unsecured-specialised-finance-non-callable
Euro Senior Unsecured Non-Callable Specialised Finance Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.50%, fitted curve 1M–25Y (3.51%–4.60%), 119 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.51% | — |
| 3M | 3.53% | 3.53% |
| 6M | 3.55% | 3.63% |
| 9M | 3.57% | 3.68% |
| 12M | 3.60% | 3.68% |
| 18M | 3.65% | 3.79% |
| 2Y | 3.71% | 3.92% |
| 3Y | 3.83% | 4.14% |
| 4Y | 3.96% | 4.45% |
| 5Y | 4.10% | 4.74% |
| 6Y | 4.22% | 4.96% |
| 7Y | 4.32% | 5.09% |
| 8Y | 4.40% | 5.14% |
| 9Y | 4.46% | 5.13% |
| 10Y | 4.50% | 5.08% |
| 15Y | 4.59% | 4.89% |
| 25Y | 4.60% | 4.69% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.71% and the 10-year 4.50%, 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 | 3.71% | 3.32% | 3.29% | 3.26% | 3.31% | 3.24% | 2.93% |
| 10Y | 4.50% | 4.16% | 4.02% | 3.98% | 4.00% | 3.98% | 4.00% |
| 10Y − 2Y | +80 bp | +83 bp | +74 bp | +72 bp | +69 bp | +74 bp | +108 bp |
Yields by rating group
The same curve split by credit quality: 113 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.08%, A+ to BBB- 3.96%, Speculative 9.03%.
Bonds in this curve
A selection of 30 of the 120 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Arval Service Lease SA | 3.14% | 2026-09-22 | 4.00% | FR001400CSG4 |
| La Poste SA | 2.52% | 2026-10-21 | 0.62% | FR0013508686 |
| Ayvens SA | 4.65% | 2026-11-23 | 4.38% | FR001400M8T2 |
| Edenred SE | 3.60% | 2026-12-13 | 3.62% | FR001400IIT5 |
| Mitsubishi HC Capital INC | 3.95% | 2027-02-02 | 3.73% | XS2758931880 |
| Ayvens SA | 3.66% | 2027-02-22 | 3.88% | FR001400O457 |
| Arval Service Lease SA | 3.78% | 2027-05-22 | 4.75% | FR001400E3H8 |
| Bouygues SA | 4.77% | 2027-06-07 | 1.38% | FR0013222494 |
| Mitsubishi HC Capital INC | 3.36% | 2027-08-02 | 3.62% | XS2867261518 |
| Paccar Financial Corp | 3.59% | 2027-08-29 | 3.00% | XS2887887078 |
| JAB Holdings B.V. | 3.40% | 2027-12-20 | 1.00% | DE000A2SBDE0 |
| Ayvens SA | 3.71% | 2028-01-24 | 3.88% | FR001400NC70 |
| Motability Operations Group PLC | 3.54% | 2028-07-20 | 0.12% | XS2287624584 |
| Bouygues SA | 3.62% | 2028-07-24 | 1.12% | FR0013507654 |
| Tikehau Capital SCA | 4.14% | 2029-03-31 | 1.62% | FR0014002PC4 |
| Ayvens SA | 3.72% | 2029-04-16 | 3.38% | FR0014017YD2 |
| Tikehau Capital SCA | 4.67% | 2030-03-14 | 6.62% | FR001400KKX9 |
| CK Hutchison Holdings Limited | 3.89% | 2030-04-13 | 2.00% | XS1806130305 |
| Tikehau Capital SCA | 4.59% | 2031-04-08 | 4.25% | FR001400YPL4 |
| Enbw International Finance BV | 3.98% | 2031-05-27 | 3.48% | XS3386748993 |
| HLD Europe | 4.70% | 2032-03-24 | 4.25% | XS3325290214 |
| La Poste SA | 4.16% | 2032-04-21 | 1.38% | FR0013508694 |
| La Poste SA | 4.14% | 2033-03-14 | 3.12% | FR001400CN54 |
| JAB Holdings B.V. | 4.48% | 2033-06-12 | 5.00% | DE000A3LJPA8 |
| Investor AB | 4.08% | 2034-03-31 | 3.50% | XS3032046016 |
| Enbw International Finance BV | 4.22% | 2034-05-23 | 4.30% | XS2722717555 |
| JAB Holdings B.V. | 4.42% | 2035-04-17 | 3.38% | DE000A28V319 |
| Enbw International Finance BV | 4.47% | 2036-05-27 | 4.05% | XS3386749025 |
| JAB Holdings B.V. | 4.82% | 2039-12-19 | 2.25% | DE000A2SBDF7 |
| Temasek Financial I LTD | 4.59% | 2049-11-20 | 1.25% | XS2080786150 |