Euro Callable Utilities & Power Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-utilities-power-callable
Euro Callable Utilities & Power Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.14%, fitted curve 1M–20Y (2.99%–4.63%), 175 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.99% | — |
| 3M | 3.02% | 3.03% |
| 6M | 3.05% | 3.08% |
| 9M | 3.08% | 3.15% |
| 12M | 3.12% | 3.22% |
| 18M | 3.19% | 3.32% |
| 2Y | 3.25% | 3.45% |
| 3Y | 3.38% | 3.65% |
| 4Y | 3.51% | 3.90% |
| 5Y | 3.63% | 4.12% |
| 6Y | 3.75% | 4.33% |
| 7Y | 3.86% | 4.51% |
| 8Y | 3.96% | 4.67% |
| 9Y | 4.05% | 4.80% |
| 10Y | 4.14% | 4.91% |
| 15Y | 4.46% | 5.10% |
| 20Y | 4.63% | 5.16% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.25% and the 10-year 4.14%, a 10Y−2Y spread of +89 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.25% | 3.07% | 3.16% | 3.11% | 3.26% | 2.69% | 2.65% |
| 10Y | 4.14% | 3.82% | 3.99% | 4.03% | 4.08% | 3.69% | 3.84% |
| 10Y − 2Y | +89 bp | +75 bp | +83 bp | +92 bp | +82 bp | +101 bp | +119 bp |
Bonds in this curve
A selection of 30 of the 185 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Enel | 2.52% | 2026-09-16 | 1.12% | XS1750986744 |
| FCC Servicios Medio Ambiente Holding S.A. | 2.94% | 2026-12-04 | 1.66% | XS2081500907 |
| Engie SA | 3.11% | 2026-12-06 | 3.62% | FR001400MF78 |
| Elenia Verkko OYJ | 2.84% | 2027-02-06 | 0.38% | XS2113885011 |
| Ausnet Services Holdings PTY LTD | 2.71% | 2027-02-26 | 1.50% | XS1191877452 |
| Elia Transmission Belgium N.V. | 3.03% | 2027-04-07 | 1.38% | BE0002276450 |
| Redexis GAS Finance B.V. | 3.08% | 2027-04-27 | 1.88% | XS1223842847 |
| Enel | 3.07% | 2027-06-17 | 0.25% | XS2353182020 |
| Hera S.p.A. | 3.38% | 2027-07-05 | 0.88% | XS2020608548 |
| National Grid PLC | 3.30% | 2028-01-20 | 0.16% | XS2289408440 |
| Naturgy Finance Iberia S.A. | 3.06% | 2028-01-29 | 1.50% | XS1755428502 |
| Alerion Clean Power S.P.A. | 3.32% | 2028-05-17 | 3.50% | XS2455938212 |
| Tennet Holding BV | 2.88% | 2028-06-05 | 1.38% | XS1828037587 |
| Vattenfall AB | 3.36% | 2029-02-12 | 0.12% | XS2297882644 |
| Fortum OYJ | 3.19% | 2029-02-27 | 2.12% | XS1956027947 |
| Orsted A/S | 3.65% | 2030-03-01 | 3.75% | XS2591029876 |
| Cadent Finance PLC | 3.60% | 2030-03-19 | 0.62% | XS2320438653 |
| Enel | 3.58% | 2031-02-20 | 4.00% | XS2589260723 |
| Fluvius System Operator | 3.65% | 2031-03-18 | 3.88% | BE0002964451 |
| Cadent Finance PLC | 3.74% | 2032-03-11 | 0.75% | XS2116701348 |
| Statkraft AS | 3.64% | 2032-03-22 | 3.38% | XS2779792337 |
| Cadent Finance PLC | 3.96% | 2033-04-16 | 3.75% | XS2801122917 |
| Hera S.p.A. | 3.89% | 2033-04-20 | 4.25% | XS2613472963 |
| A2A S.p.A. | 3.87% | 2034-02-03 | 4.38% | XS2583205906 |
| Ellevio AB | 3.94% | 2034-03-07 | 4.12% | XS2777383840 |
| Orsted A/S | 4.22% | 2035-03-01 | 4.12% | XS2591032235 |
| Fluvius System Operator | 3.98% | 2035-03-12 | 3.50% | BE0390201672 |
| Fluvius System Operator | 4.02% | 2036-02-16 | 3.75% | BE0390294636 |
| Statkraft AS | 4.01% | 2039-03-22 | 3.75% | XS2779793061 |
| Amprion GmbH | 4.63% | 2044-05-21 | 4.00% | DE000A383BQ4 |