Euro Utilities & Power Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/eur-corporate-utilities-power
Euro Utilities & Power Corporate Bond Yields (EUR) as of 2026-09-10: 10Y at 4.45%, fitted curve 1M–25Y (3.28%–5.31%), 470 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.28% | — |
| 3M | 3.30% | 3.31% |
| 6M | 3.34% | 3.42% |
| 9M | 3.37% | 3.54% |
| 12M | 3.42% | 3.54% |
| 18M | 3.56% | 3.88% |
| 2Y | 3.67% | 4.07% |
| 3Y | 3.82% | 4.18% |
| 4Y | 3.96% | 4.44% |
| 5Y | 4.07% | 4.61% |
| 6Y | 4.15% | 4.68% |
| 7Y | 4.23% | 4.83% |
| 8Y | 4.31% | 5.03% |
| 9Y | 4.38% | 5.18% |
| 10Y | 4.45% | 5.32% |
| 15Y | 4.84% | 6.13% |
| 20Y | 5.15% | 6.91% |
| 25Y | 5.31% | 6.87% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.67% and the 10-year 4.45%, a 10Y−2Y spread of +77 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 | 3.67% | 3.29% | 3.16% | 3.22% | 3.23% | 3.21% | 2.88% |
| 10Y | 4.45% | 4.10% | 4.00% | 4.01% | 4.05% | 4.04% | 3.91% |
| 10Y − 2Y | +77 bp | +82 bp | +84 bp | +79 bp | +82 bp | +83 bp | +104 bp |
Yields by rating group
The same curve split by credit quality: 454 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.18%, A+ to BBB- 4.06%.
Bonds in this curve
A selection of 30 of the 471 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Electricite de France SA | 3.34% | 2026-10-13 | 1.00% | FR0013213295 |
| Hera S.p.A. | 6.63% | 2026-10-14 | 0.88% | XS1504194173 |
| Stedin Holding NV | 3.05% | 2026-11-16 | 0.00% | XS2407985220 |
| Veolia Environnement SA | 2.94% | 2026-11-30 | 1.50% | FR0013246733 |
| Ntpc Limited | 4.04% | 2027-02-01 | 2.75% | XS1551677260 |
| Elenia Verkko OYJ | 3.25% | 2027-02-06 | 0.38% | XS2113885011 |
| Redexis GAS Finance B.V. | 3.44% | 2027-04-27 | 1.88% | XS1223842847 |
| Electricite de France SA | 3.29% | 2027-06-05 | 3.75% | FR001400M9L7 |
| SSE PLC | 3.24% | 2027-09-04 | 1.38% | XS1875284702 |
| Engie SA | 3.63% | 2027-09-06 | 3.75% | FR001400KHF2 |
| Veolia Environnement SA | 3.54% | 2028-01-10 | 1.59% | FR0012663169 |
| REN Finance BV | 3.63% | 2028-01-18 | 1.75% | XS1753814737 |
| Fluvius System Operator | 3.50% | 2028-06-14 | 0.25% | BE0002803840 |
| Orsted A/S | 3.69% | 2028-06-14 | 2.25% | XS2490471807 |
| Veolia Environnement SA | 3.47% | 2029-04-03 | 1.50% | FR0013248523 |
| Elia Transmission Belgium N.V. | 3.81% | 2029-04-07 | 3.00% | BE0002466416 |
| Cadent Finance PLC | 3.89% | 2030-03-19 | 0.62% | XS2320438653 |
| Statkraft AS | 3.67% | 2030-03-26 | 1.50% | XS1207005023 |
| Orano SA | 4.26% | 2031-03-12 | 4.00% | FR001400OM36 |
| Fluvius System Operator | 3.96% | 2031-03-18 | 3.88% | BE0002964451 |
| SSE PLC | 4.13% | 2032-03-18 | 3.50% | XS3027988263 |
| Statkraft AS | 4.04% | 2032-03-22 | 3.38% | XS2779792337 |
| Teollisuuden Voima OYJ | 4.31% | 2033-03-18 | 3.62% | XS3176713934 |
| Elia Transmission Belgium N.V. | 4.58% | 2033-04-04 | 3.50% | BE0002433085 |
| Fingrid OYJ | 4.02% | 2034-03-20 | 3.25% | XS2784700671 |
| Fluvius System Operator | 4.37% | 2035-03-12 | 3.50% | BE0390201672 |
| Tennet Holding BV | 3.71% | 2036-04-01 | 3.25% | XS3329155504 |
| Statkraft AS | 4.43% | 2039-03-22 | 3.75% | XS2779793061 |
| Nederlandse Gasunie N.V. | 4.69% | 2044-04-29 | 3.88% | XS2806495896 |
| RTE Reseau de Transport D'electricite | 4.92% | 2049-09-09 | 1.12% | FR0013445152 |