Spain Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-spain-callable
Spain Callable Corporate Bond Yields (EUR) as of 2026-07-27: 9Y at 4.25%, fitted curve 3M–15Y (2.88%–4.65%), 79 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 2.88% | — |
| 9M | 3.02% | 3.09% |
| 12M | 3.09% | 3.30% |
| 18M | 3.21% | 3.45% |
| 2Y | 3.31% | 3.60% |
| 3Y | 3.48% | 3.81% |
| 4Y | 3.63% | 4.10% |
| 5Y | 3.78% | 4.37% |
| 6Y | 3.92% | 4.60% |
| 7Y | 4.04% | 4.79% |
| 8Y | 4.15% | 4.95% |
| 9Y | 4.25% | 5.07% |
| 15Y | 4.65% | 5.24% |
2Y, 10Y and the 10Y−2Y spread over time
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-27 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.31% | 3.11% | 3.24% | 3.18% | 3.24% | 2.98% | 2.66% |
| 10Y | — | 4.09% | 4.30% | 4.29% | 4.38% | 3.81% | 4.16% |
| 10Y − 2Y | — | +98 bp | +105 bp | +111 bp | +114 bp | +84 bp | +150 bp |
Bonds in this curve
A selection of 30 of the 81 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Enagas Financiaciones SAU | 2.99% | 2026-10-27 | 0.75% | XS1508831051 |
| Cellnex Finance Company SA | 2.87% | 2026-11-15 | 0.75% | XS2300292617 |
| FCC Servicios Medio Ambiente Holding S.A. | 2.94% | 2026-12-04 | 1.66% | XS2081500907 |
| Cellnex Finance Company SA | 2.92% | 2027-04-20 | 1.00% | XS2102934697 |
| Telefonica Emisiones SAU | 3.22% | 2027-08-21 | 1.20% | XS2177441990 |
| Iberdrola | 2.83% | 2027-09-13 | 1.25% | XS1682538183 |
| Cellnex Finance Company SA | 3.37% | 2027-09-15 | 1.00% | XS2385393405 |
| Banco Santander SA | 3.48% | 2028-01-09 | 3.50% | XS2743029253 |
| Telefonica Emisiones SAU | 2.92% | 2028-01-12 | 1.72% | XS1681521081 |
| Naturgy Finance Iberia S.A. | 3.06% | 2028-01-29 | 1.50% | XS1755428502 |
| Werfen SA/Spain | 3.67% | 2028-06-06 | 4.62% | XS2630465875 |
| Cellnex Finance Company SA | 3.26% | 2028-06-08 | 1.50% | XS2348237871 |
| Banco Santander SA | 3.36% | 2028-08-25 | 3.53% | XS2525226622 |
| Banco de Sabadell SA | 4.07% | 2029-02-07 | 5.25% | XS2583203950 |
| Telefonica Emisiones SAU | 3.19% | 2029-03-12 | 1.79% | XS1961772560 |
| Abertis Infraestructuras SA | 3.40% | 2029-03-29 | 2.25% | XS2195092601 |
| Telefonica Emisiones SAU | 3.43% | 2030-02-03 | 0.66% | XS2112289207 |
| Abertis Infraestructuras SA | 3.63% | 2030-03-18 | 4.25% | XS2577384691 |
| Abertis Infraestructuras SA | 3.53% | 2031-03-27 | 3.00% | XS1967636199 |
| Cepsa Finance SA | 4.03% | 2031-04-11 | 4.12% | XS2800064912 |
| Telefonica Emisiones SAU | 3.85% | 2032-05-21 | 1.81% | XS2177442295 |
| Cellnex Finance Company SA | 3.89% | 2032-09-15 | 2.00% | XS2385393587 |
| Cellnex Finance Company SA | 3.85% | 2033-02-15 | 2.00% | XS2300293003 |
| Repsol SA | 3.76% | 2033-07-06 | 0.88% | XS2361358539 |
| Banco Santander SA | 4.60% | 2034-04-22 | 5.00% | XS2751667150 |
| Banco de Sabadell SA | 4.62% | 2034-06-27 | 5.12% | XS2791973642 |
| Aena SME SA | 3.91% | 2036-01-22 | 3.50% | ES0205046016 |
| Telefonica Emisiones SAU | 4.40% | 2036-01-24 | 4.05% | XS2753311393 |
| Telefonica Emisiones SAU | 4.57% | 2039-07-01 | 1.96% | XS2020583618 |
| Telefonica Emisiones SAU | 4.74% | 2040-07-13 | 1.86% | XS2197675288 |