Belgian Government Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-government-belgium-belgium
Belgian Government Bond Yields (EUR) as of 2026-07-27: 10Y at 3.69%, fitted curve 1M–40Y (2.90%–4.49%), 51 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.90% | — |
| 3M | 2.91% | 2.91% |
| 6M | 2.92% | 2.93% |
| 9M | 2.93% | 2.94% |
| 12M | 2.93% | 2.96% |
| 18M | 2.95% | 2.99% |
| 2Y | 2.98% | 3.04% |
| 3Y | 3.03% | 3.14% |
| 4Y | 3.09% | 3.29% |
| 5Y | 3.17% | 3.48% |
| 6Y | 3.26% | 3.71% |
| 7Y | 3.36% | 3.96% |
| 8Y | 3.47% | 4.22% |
| 9Y | 3.58% | 4.47% |
| 10Y | 3.69% | 4.69% |
| 15Y | 4.11% | 4.96% |
| 20Y | 4.30% | 4.85% |
| 25Y | 4.41% | 4.87% |
| 30Y | 4.49% | 4.87% |
| 40Y | 4.37% | 4.03% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.98% and the 10-year 3.69%, a 10Y−2Y spread of +71 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 | 2.98% | 2.61% | 2.80% | 2.85% | 2.78% | 2.23% | 2.30% |
| 10Y | 3.69% | 3.45% | 3.48% | 3.59% | 3.65% | 3.11% | 3.33% |
| 10Y − 2Y | +71 bp | +84 bp | +68 bp | +74 bp | +87 bp | +88 bp | +102 bp |
Bonds in this curve
A selection of 30 of the 63 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Belgium | 2.76% | 2026-08-13 | 0.00% | BE0312815872 |
| Belgium | 2.93% | 2026-09-04 | 1.90% | BE3871306366 |
| Belgium | 2.47% | 2026-11-12 | 0.00% | BE0312818900 |
| Belgium | 3.46% | 2026-12-04 | 2.00% | BE3871308388 |
| Belgium | 3.55% | 2027-03-04 | 2.50% | BE3871295254 |
| Belgium | 3.27% | 2027-03-04 | 2.00% | BE3871310400 |
| Belgium | 2.66% | 2027-06-22 | 0.80% | BE0000341504 |
| Belgium | 2.79% | 2027-10-22 | 0.00% | BE0000351602 |
| Belgium | 3.49% | 2027-12-04 | 2.00% | BE3871285156 |
| Belgium | 2.80% | 2028-03-28 | 5.50% | BE0000291972 |
| Belgium | 2.71% | 2028-06-22 | 0.80% | BE0000345547 |
| Belgium | 3.09% | 2028-09-04 | 0.65% | BE3871278086 |
| Belgium | 2.89% | 2029-06-22 | 0.90% | BE0000347568 |
| Belgium | 2.91% | 2029-10-22 | 2.70% | BE0000362716 |
| Belgium | 2.87% | 2030-06-22 | 0.10% | BE0000349580 |
| Belgium | 3.15% | 2030-10-22 | 2.60% | BE0000365743 |
| Belgium | 3.16% | 2031-08-22 | 3.10% | BE0000368770 |
| Belgium | 3.13% | 2031-10-22 | 0.00% | BE0000352618 |
| Belgium | 3.19% | 2032-03-28 | 4.00% | BE0000326356 |
| Belgium | 3.23% | 2032-06-22 | 0.35% | BE0000354630 |
| Belgium | 3.26% | 2033-04-22 | 1.25% | BE0000346552 |
| Belgium | 3.33% | 2033-06-22 | 3.00% | BE0000357666 |
| Belgium | 3.44% | 2034-06-22 | 3.00% | BE0000333428 |
| Belgium | 3.57% | 2035-06-22 | 3.10% | BE0000363722 |
| Belgium | 3.76% | 2037-06-22 | 1.45% | BE0000344532 |
| Belgium | 4.01% | 2041-03-28 | 4.25% | BE0000320292 |
| Belgium | 4.22% | 2045-06-22 | 3.75% | BE0000331406 |
| Belgium | 4.44% | 2053-06-22 | 1.40% | BE0000355645 |
| Belgium | 4.47% | 2055-06-22 | 3.50% | BE0000361700 |
| Belgium | 4.44% | 2066-06-22 | 2.15% | BE0000340498 |