Spain Investment Grade Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/eur-corporate-spain
Spain Investment Grade Corporate Bond Yields (EUR) as of 2026-10-26: 10Y at 4.44%, fitted curve 1M–15Y (3.28%–4.45%), 184 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.28% | — |
| 3M | 3.34% | 3.37% |
| 6M | 3.42% | 3.50% |
| 9M | 3.50% | 3.67% |
| 12M | 3.58% | 3.82% |
| 18M | 3.73% | 4.16% |
| 2Y | 3.87% | 4.16% |
| 3Y | 4.08% | 4.53% |
| 4Y | 4.22% | 4.70% |
| 5Y | 4.32% | 4.73% |
| 6Y | 4.37% | 4.70% |
| 7Y | 4.41% | 4.64% |
| 8Y | 4.42% | 4.59% |
| 9Y | 4.44% | 4.55% |
| 10Y | 4.44% | 4.52% |
| 15Y | 4.45% | 4.47% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.87% and the 10-year 4.44%, a 10Y−2Y spread of +58 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.87% | 3.76% | 3.34% | 3.22% | 3.03% | 3.12% | 3.08% |
| 10Y | 4.44% | 4.55% | 4.27% | 4.03% | 3.95% | 3.90% | 4.18% |
| 10Y − 2Y | +58 bp | +79 bp | +94 bp | +81 bp | +92 bp | +78 bp | +109 bp |
Bonds in this curve
A selection of 30 of the 186 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Caixabank | 2.85% | 2026-11-12 | 1.12% | ES0213307061 |
| FCC Servicios Medio Ambiente Holding S.A. | 3.26% | 2026-12-04 | 1.66% | XS2081500907 |
| Santander | 3.61% | 2027-01-14 | 0.50% | XS2432530637 |
| Caixabank | 3.71% | 2028-01-21 | 0.62% | XS2434702424 |
| Redeia | 3.23% | 2027-03-13 | 1.25% | XS1788586375 |
| Cellnex | 3.31% | 2027-04-20 | 1.00% | XS2102934697 |
| Sabadell | 3.59% | 2028-06-16 | 0.88% | XS2353366268 |
| Santander | 3.50% | 2027-06-23 | 1.12% | XS2194370727 |
| Iberdrola | 3.29% | 2027-09-13 | 1.25% | XS1682538183 |
| Cellnex | 3.80% | 2027-09-15 | 1.00% | XS2385393405 |
| Naturgy Finance | 3.62% | 2028-01-29 | 1.50% | XS1755428502 |
| Abertis | 3.84% | 2028-02-07 | 1.25% | XS2113911387 |
| Abertis | 3.91% | 2028-09-14 | 0.62% | XS2342058117 |
| Amadeus IT Group SA | 3.61% | 2028-09-24 | 1.88% | XS2236363573 |
| Sabadell | 4.33% | 2029-06-07 | 5.00% | XS2598331242 |
| Colonial | 3.88% | 2029-06-22 | 0.75% | ES0239140025 |
| Werfen SA/Spain | 4.30% | 2030-05-03 | 4.25% | XS2811962195 |
| Sacyr SA | 3.91% | 2030-05-29 | 4.75% | XS3071337847 |
| Naturgy Finance | 4.18% | 2031-05-21 | 3.38% | XS3073629290 |
| Amadeus IT Group SA | 4.30% | 2031-05-20 | 3.75% | XS3382738600 |
| Telefonica Emisiones | 4.45% | 2032-05-21 | 1.81% | XS2177442295 |
| Cellnex | 4.50% | 2032-05-22 | 3.50% | XS3019300469 |
| Telefonica Emisiones | 4.71% | 2033-05-02 | 3.71% | XS3285006634 |
| Redeia | 4.17% | 2033-05-24 | 0.50% | XS2343540519 |
| Iberdrola | 4.24% | 2034-07-18 | 3.62% | XS2861000235 |
| Caixabank | 4.57% | 2034-07-19 | 5.12% | XS2652072864 |
| Iberdrola | 4.25% | 2035-05-16 | 3.50% | XS3072230744 |
| Naturgy Finance | 4.56% | 2035-05-21 | 3.88% | XS3073629530 |
| Iberdrola | 4.36% | 2036-06-25 | 3.75% | XS3418566124 |
| Telefonica Emisiones | 5.12% | 2039-07-01 | 1.96% | XS2020583618 |