Euro Callable Utilities & Power Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-utilities-power-callable
Euro Callable Utilities & Power Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.51%, fitted curve 3M–20Y (3.25%–4.94%), 217 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.25% | — |
| 6M | 3.29% | 3.38% |
| 9M | 3.33% | 3.51% |
| 12M | 3.39% | 3.51% |
| 18M | 3.53% | 3.86% |
| 2Y | 3.65% | 4.05% |
| 3Y | 3.79% | 4.13% |
| 4Y | 3.91% | 4.37% |
| 5Y | 4.03% | 4.61% |
| 6Y | 4.14% | 4.84% |
| 7Y | 4.25% | 5.04% |
| 8Y | 4.34% | 5.22% |
| 9Y | 4.43% | 5.37% |
| 10Y | 4.51% | 5.50% |
| 15Y | 4.79% | 5.72% |
| 20Y | 4.94% | 5.78% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.65% and the 10-year 4.51%, a 10Y−2Y spread of +86 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.65% | 3.25% | 3.18% | 3.21% | 3.25% | 3.18% | 2.91% |
| 10Y | 4.51% | 4.12% | 4.04% | 3.98% | 4.06% | 4.04% | 3.94% |
| 10Y − 2Y | +86 bp | +87 bp | +87 bp | +77 bp | +81 bp | +87 bp | +103 bp |
Bonds in this curve
A selection of 30 of the 218 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| FCC Servicios Medio Ambiente Holding S.A. | 3.71% | 2026-12-04 | 1.66% | XS2081500907 |
| Engie SA | 3.55% | 2026-12-06 | 3.62% | FR001400MF78 |
| Elenia Verkko OYJ | 3.25% | 2027-02-06 | 0.38% | XS2113885011 |
| Elia Transmission Belgium N.V. | 3.46% | 2027-04-07 | 1.38% | BE0002276450 |
| Redexis GAS Finance B.V. | 3.44% | 2027-04-27 | 1.88% | XS1223842847 |
| Tennet Holding BV | 5.00% | 2027-06-04 | 1.75% | XS1241581096 |
| SSE PLC | 3.24% | 2027-09-04 | 1.38% | XS1875284702 |
| Alliander N.V. | 3.19% | 2027-09-09 | 2.62% | XS2531420730 |
| National Grid PLC | 3.63% | 2028-01-20 | 0.16% | XS2289408440 |
| Naturgy Finance Iberia S.A. | 3.43% | 2028-01-29 | 1.50% | XS1755428502 |
| Fluvius System Operator | 3.50% | 2028-06-14 | 0.25% | BE0002803840 |
| Orsted A/S | 3.69% | 2028-06-14 | 2.25% | XS2490471807 |
| Terna Rete Elettrica Nazionale SPA | 3.80% | 2029-04-21 | 3.62% | XS2607193435 |
| Hera S.p.A. | 3.64% | 2029-05-25 | 2.50% | XS2485360981 |
| Cadent Finance PLC | 3.89% | 2030-03-19 | 0.62% | XS2320438653 |
| Statkraft AS | 3.67% | 2030-03-26 | 1.50% | XS1207005023 |
| Fluvius System Operator | 3.96% | 2031-03-18 | 3.88% | BE0002964451 |
| Czech GAS Networks Investments S.A R.L. | 4.04% | 2031-03-31 | 0.88% | XS2322438990 |
| Statkraft AS | 4.04% | 2032-03-22 | 3.38% | XS2779792337 |
| Italgas SPA | 4.17% | 2032-04-16 | 3.62% | IT0005704207 |
| Cadent Finance PLC | 4.37% | 2033-04-16 | 3.75% | XS2801122917 |
| Hera S.p.A. | 4.20% | 2033-04-20 | 4.25% | XS2613472963 |
| Fingrid OYJ | 4.02% | 2034-03-20 | 3.25% | XS2784700671 |
| National Grid PLC | 4.45% | 2034-03-30 | 3.25% | XS2486461523 |
| Fluvius System Operator | 4.37% | 2035-03-12 | 3.50% | BE0390201672 |
| Tennet Holding BV | 3.72% | 2035-06-16 | 0.88% | XS2406569579 |
| Amprion GmbH | 4.49% | 2036-06-05 | 3.88% | DE000A4DFUF0 |
| Tennet Holding BV | 3.75% | 2036-06-13 | 1.88% | XS1432384409 |
| Statkraft AS | 4.43% | 2039-03-22 | 3.75% | XS2779793061 |
| Amprion GmbH | 4.97% | 2044-05-21 | 4.00% | DE000A383BQ4 |