Belgian Government Bond Yields (EUR)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/eur-government-belgium-belgium
Belgian Government Bond Yields (EUR) as of 2026-10-26: 10Y at 4.47%, fitted curve 1M–40Y (2.93%–5.05%), 48 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.93% | — |
| 3M | 2.96% | 2.98% |
| 6M | 3.01% | 3.05% |
| 9M | 3.05% | 3.14% |
| 12M | 3.10% | 3.24% |
| 18M | 3.19% | 3.48% |
| 2Y | 3.28% | 3.48% |
| 3Y | 3.47% | 3.86% |
| 4Y | 3.65% | 4.24% |
| 5Y | 3.82% | 4.59% |
| 6Y | 3.98% | 4.90% |
| 7Y | 4.13% | 5.15% |
| 8Y | 4.26% | 5.35% |
| 9Y | 4.37% | 5.50% |
| 10Y | 4.47% | 5.60% |
| 15Y | 4.78% | 5.73% |
| 20Y | 4.97% | 5.95% |
| 25Y | 5.05% | 5.73% |
| 30Y | 5.00% | 4.30% |
| 40Y | 4.90% | 4.09% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.28% and the 10-year 4.47%, a 10Y−2Y spread of +118 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.28% | 3.28% | 2.94% | 2.89% | 2.63% | 2.72% | 2.84% |
| 10Y | 4.47% | 4.26% | 3.80% | 3.66% | 3.46% | 3.46% | 3.61% |
| 10Y − 2Y | +118 bp | +98 bp | +86 bp | +77 bp | +83 bp | +74 bp | +76 bp |
Bonds in this curve
A selection of 30 of the 64 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Belgium | 2.49% | 2026-11-12 | 0.00% | BE0312818900 |
| Belgium | 3.74% | 2027-03-04 | 2.00% | BE3871310400 |
| Belgium | 3.26% | 2027-06-04 | 0.70% | BE3871280108 |
| Belgium | 2.82% | 2027-06-22 | 0.80% | BE0000341504 |
| Belgium | 3.35% | 2027-09-04 | 2.75% | BE3871314444 |
| Belgium | 3.16% | 2027-10-22 | 0.00% | BE0000351602 |
| Belgium | 3.17% | 2028-03-28 | 5.50% | BE0000291972 |
| Belgium | 3.27% | 2028-06-22 | 0.80% | BE0000345547 |
| Belgium | 3.87% | 2028-09-04 | 0.65% | BE3871278086 |
| Belgium | 3.19% | 2028-12-11 | 2.60% | BE3871292228 |
| Belgium | 3.15% | 2029-06-22 | 0.90% | BE0000347568 |
| Belgium | 3.48% | 2029-10-22 | 2.70% | BE0000362716 |
| Belgium | 3.67% | 2030-06-22 | 0.10% | BE0000349580 |
| Belgium | 3.73% | 2030-10-22 | 2.60% | BE0000365743 |
| Belgium | 3.74% | 2031-06-22 | 1.00% | BE0000335449 |
| Belgium | 3.83% | 2031-08-22 | 3.10% | BE0000368770 |
| Belgium | 3.75% | 2032-06-22 | 0.35% | BE0000354630 |
| Belgium | 3.91% | 2033-04-22 | 1.25% | BE0000346552 |
| Belgium | 4.03% | 2033-06-22 | 3.00% | BE0000357666 |
| Belgium | 4.31% | 2034-03-04 | 2.80% | BE3871311416 |
| Belgium | 4.22% | 2034-06-22 | 3.00% | BE0000333428 |
| Belgium | 4.16% | 2034-10-22 | 2.85% | BE0000360694 |
| Belgium | 4.32% | 2035-06-22 | 3.10% | BE0000363722 |
| Belgium | 4.30% | 2035-09-04 | 3.20% | BE3871307372 |
| Belgium | 4.35% | 2036-06-22 | 3.40% | BE0000366758 |
| Belgium | 4.62% | 2040-06-22 | 0.40% | BE0000350596 |
| Belgium | 4.85% | 2045-06-22 | 3.75% | BE0000331406 |
| Belgium | 5.01% | 2053-06-22 | 1.40% | BE0000355645 |
| Belgium | 4.99% | 2054-06-22 | 3.30% | BE0000358672 |
| Belgium | 4.79% | 2066-06-22 | 2.15% | BE0000340498 |