Germany Utilities & Power Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-utilities-power-germany
Germany Utilities & Power Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.20%, fitted curve 12M–30Y (3.15%–4.62%), 46 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 3.15% | — |
| 18M | 3.22% | 3.36% |
| 2Y | 3.29% | 3.50% |
| 3Y | 3.43% | 3.72% |
| 4Y | 3.57% | 3.99% |
| 5Y | 3.70% | 4.23% |
| 6Y | 3.82% | 4.43% |
| 7Y | 3.93% | 4.60% |
| 8Y | 4.03% | 4.73% |
| 9Y | 4.12% | 4.83% |
| 10Y | 4.20% | 4.92% |
| 15Y | 4.51% | 5.13% |
| 20Y | 4.62% | 4.97% |
| 30Y | 4.42% | 4.02% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.29% and the 10-year 4.20%, a 10Y−2Y spread of +91 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 | 3.29% | 3.04% | 3.18% | 3.14% | 3.27% | — | 2.72% |
| 10Y | 4.20% | 3.89% | 4.06% | 3.94% | 4.09% | 3.74% | 3.90% |
| 10Y − 2Y | +91 bp | +84 bp | +88 bp | +81 bp | +82 bp | — | +118 bp |
Bonds in this curve
A selection of 30 of the 47 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Amprion GmbH | 3.20% | 2027-09-22 | 3.45% | DE000A30VPL3 |
| Vier GAS Transport Gmbh | 3.28% | 2027-09-26 | 4.00% | XS2535724772 |
| Eurogrid Gmbh | 3.14% | 2027-10-18 | 3.08% | XS2919679816 |
| E.ON SE | 3.09% | 2028-02-20 | 0.75% | XS2177580250 |
| Eurogrid Gmbh | 3.00% | 2028-04-18 | 1.50% | XS1396285279 |
| EWE AG | 3.42% | 2028-06-08 | 0.25% | DE000A3E5L98 |
| Amprion GmbH | 3.41% | 2028-09-07 | 3.88% | DE000A3514E6 |
| Vier GAS Transport Gmbh | 3.19% | 2028-09-25 | 1.50% | XS1882681452 |
| Eurogrid Gmbh | 3.35% | 2029-02-01 | 3.60% | XS2756341314 |
| EEW Energy From Waste Gmbh | 3.98% | 2029-06-24 | 3.88% | XS3385465482 |
| Amprion GmbH | 3.47% | 2029-09-30 | 2.75% | DE000A460N20 |
| Eurogrid Gmbh | 3.53% | 2030-04-27 | 3.72% | XS2615183501 |
| Amprion GmbH | 3.63% | 2031-01-15 | 3.16% | DE000A460EX0 |
| Amprion GmbH | 3.65% | 2031-05-21 | 3.62% | DE000A383BP6 |
| Eurogrid Gmbh | 3.69% | 2031-09-05 | 3.28% | XS2527319979 |
| Eurogrid Gmbh | 3.71% | 2032-05-15 | 1.11% | XS2171713006 |
| Amprion GmbH | 3.75% | 2032-09-22 | 3.97% | DE000A30VPM1 |
| Vier GAS Transport Gmbh | 3.97% | 2033-09-08 | 3.62% | XS3170345980 |
| Amprion GmbH | 4.00% | 2033-09-23 | 0.62% | DE000A3E5VX4 |
| Eurogrid Gmbh | 3.91% | 2034-02-01 | 3.92% | XS2756342122 |
| EWE AG | 3.95% | 2034-05-28 | 3.88% | DE000A46ZXA7 |
| Eurogrid Gmbh | 4.12% | 2035-10-18 | 3.73% | XS2919680236 |
| Amprion GmbH | 4.06% | 2036-06-05 | 3.88% | DE000A4DFUF0 |
| Eurogrid Gmbh | 4.19% | 2037-05-28 | 4.06% | XS3077380825 |
| Amprion GmbH | 4.38% | 2039-08-27 | 3.85% | DE000A383QR0 |
| Amprion GmbH | 4.51% | 2040-09-30 | 4.00% | DE000A460N38 |
| Amprion GmbH | 4.63% | 2044-05-21 | 4.00% | DE000A383BQ4 |
| Amprion GmbH | 4.75% | 2046-01-15 | 4.58% | DE000A460EZ5 |
| RWE AG | 4.17% | 2055-06-18 | 4.12% | XS3094762989 |
| RWE AG | 4.69% | 2055-06-18 | 4.62% | XS3094765735 |