Switzerland Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-switzerland-callable
Switzerland Callable Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.28%, fitted curve 1M–15Y (3.27%–4.38%), 40 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.27% | — |
| 3M | 3.28% | 3.29% |
| 6M | 3.31% | 3.38% |
| 9M | 3.33% | 3.44% |
| 18M | 3.42% | 3.53% |
| 2Y | 3.50% | 3.76% |
| 3Y | 3.67% | 4.09% |
| 4Y | 3.86% | 4.52% |
| 5Y | 4.02% | 4.78% |
| 6Y | 4.13% | 4.83% |
| 7Y | 4.20% | 4.74% |
| 8Y | 4.24% | 4.63% |
| 9Y | 4.26% | 4.54% |
| 10Y | 4.28% | 4.50% |
| 15Y | 4.38% | 4.73% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.50% and the 10-year 4.28%, a 10Y−2Y spread of +78 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 | 3.50% | 3.10% | 3.08% | 3.07% | 3.13% | 3.12% | 2.88% |
| 10Y | 4.28% | 3.91% | 3.82% | 3.82% | 3.83% | 3.75% | 3.70% |
| 10Y − 2Y | +78 bp | +80 bp | +74 bp | +76 bp | +70 bp | +63 bp | +82 bp |
Yields by rating group
The same curve split by credit quality: 38 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.70%, A+ to BBB- 3.90%.
Bonds in this curve
A selection of 30 of the 41 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Sika AG | 3.69% | 2026-11-03 | 3.75% | XS2616008541 |
| Holcim LTD | 3.24% | 2026-11-29 | 0.50% | XS2081615473 |
| Nestle SA | 2.83% | 2027-03-29 | 0.88% | XS2462321212 |
| Sika AG | 3.01% | 2027-04-29 | 0.88% | XS1986416268 |
| Holcim LTD | 3.08% | 2027-07-19 | 0.12% | XS2286441964 |
| Nestle SA | 3.16% | 2027-12-13 | 3.50% | XS2595410775 |
| UBS Group AG | 3.54% | 2028-02-24 | 0.25% | CH0595205524 |
| Nestle SA | 3.27% | 2028-03-15 | 3.00% | XS2555196463 |
| Adecco Group AG | 3.77% | 2028-09-21 | 0.12% | XS2386592484 |
| Holcim LTD | 3.77% | 2029-08-29 | 1.75% | XS1672151492 |
| UBS Group AG | 3.63% | 2029-09-10 | 0.65% | CH0494734418 |
| Nestle SA | 3.28% | 2029-11-02 | 1.25% | XS1707075328 |
| Richemont International Holding S.A. | 3.73% | 2030-03-26 | 1.50% | XS1789752182 |
| Banque Cantonale de Geneve | 3.80% | 2030-03-27 | 3.41% | CH1433226292 |
| Nestle SA | 3.47% | 2030-04-01 | 1.50% | XS2148390755 |
| Sika AG | 3.87% | 2031-04-29 | 1.50% | XS1986416698 |
| Banque Cantonale de Geneve | 3.98% | 2031-07-07 | 3.43% | CH1578978947 |
| Swiss Life Holding AG | 3.94% | 2031-09-15 | 0.50% | CH1130818847 |
| Nestle SA | 3.70% | 2032-05-12 | 0.38% | XS2170362912 |
| UBS Group AG | 4.18% | 2033-01-18 | 0.62% | CH0591979627 |
| Holcim LTD | 4.24% | 2033-01-19 | 0.62% | XS2286442186 |
| Nestle SA | 3.64% | 2033-03-13 | 3.75% | XS2595412631 |
| Swiss Life Holding AG | 4.16% | 2033-05-06 | 3.74% | CH1548688378 |
| Lonza Finance International NV | 4.29% | 2033-05-25 | 3.88% | BE6343825251 |
| Nestle SA | 3.84% | 2034-11-15 | 3.38% | XS2555198162 |
| Swiss Life Holding AG | 4.28% | 2035-03-24 | 3.75% | CH1428867043 |
| Nestle SA | 4.31% | 2037-11-02 | 1.75% | XS1707075245 |
| Richemont International Holding S.A. | 4.32% | 2038-03-26 | 2.00% | XS1789759195 |
| Zurich Insurance Group AG | 4.22% | 2039-06-17 | 1.62% | XS2013626010 |
| Nestle SA | 4.36% | 2041-06-14 | 0.88% | XS2350744434 |