UK A–BBB Non-Callable Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/gbp-corporate-a-bbb-non-callable
UK A–BBB Non-Callable Corporate Bond Yields (GBP) as of 2026-09-10: 10Y at 6.27%, fitted curve 1M–30Y (5.31%–6.86%), 263 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.53% | — |
| 3M | 5.44% | 5.40% |
| 6M | 5.35% | 5.41% |
| 9M | 5.32% | 5.33% |
| 12M | 5.31% | 5.33% |
| 18M | 5.33% | 5.45% |
| 2Y | 5.37% | 5.55% |
| 3Y | 5.45% | 5.71% |
| 4Y | 5.55% | 5.96% |
| 5Y | 5.66% | 6.26% |
| 6Y | 5.78% | 6.59% |
| 7Y | 5.90% | 6.95% |
| 8Y | 6.03% | 7.31% |
| 9Y | 6.15% | 7.64% |
| 10Y | 6.27% | 7.92% |
| 15Y | 6.68% | 8.27% |
| 20Y | 6.83% | 7.99% |
| 25Y | 6.86% | 7.32% |
| 30Y | 6.68% | 3.60% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.37% and the 10-year 6.27%, a 10Y−2Y spread of +90 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.37% | 5.06% | 5.02% | 4.99% | 5.26% | 5.06% | 4.69% |
| 10Y | 6.27% | 6.01% | 5.94% | 5.89% | 5.94% | 5.84% | 5.68% |
| 10Y − 2Y | +90 bp | +95 bp | +91 bp | +89 bp | +68 bp | +78 bp | +98 bp |
Bonds in this curve
A selection of 30 of the 291 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bouygues SA | 6.29% | 2026-10-06 | 5.50% | FR0010379255 |
| Close Brothers Finance PLC | 7.97% | 2026-10-19 | 2.75% | XS1506033239 |
| Volkswagen Group | 7.13% | 2026-11-16 | 3.38% | XS1910948089 |
| Volkswagen Group | 4.76% | 2026-12-07 | 5.50% | XS2562941927 |
| Motability Operations Group PLC | 5.35% | 2027-02-08 | 4.38% | XS0742069726 |
| Barclays Bank PLC | 4.62% | 2027-02-12 | 3.25% | XS1472663670 |
| London Power Networks PLC | 4.89% | 2027-06-07 | 6.12% | XS0148889420 |
| National Grid Electricity Transmission PLC | 5.31% | 2027-06-08 | 4.00% | XS0789331948 |
| Apollo Global Management INC | 5.68% | 2027-07-28 | 5.15% | XS2796468432 |
| Volkswagen Group | 5.30% | 2027-09-18 | 6.50% | XS2687917018 |
| United Utilities Water Finance PLC | 5.40% | 2027-12-20 | 5.62% | XS0159728236 |
| Glaxosmithkline Capital | 4.91% | 2027-12-20 | 3.38% | XS0866588527 |
| Mizuho Financial Group | 5.45% | 2028-06-13 | 5.63% | XS2594990892 |
| Weir Group PLC (the) | 6.05% | 2028-06-14 | 6.88% | XS2630496672 |
| Centrica PLC | 5.52% | 2029-03-13 | 4.38% | XS0753789980 |
| Southern GAS Networks PLC | 5.32% | 2029-03-21 | 4.88% | XS0232335769 |
| Ford Motor Company | 6.10% | 2030-04-30 | 5.78% | XS2892967782 |
| Enbw International Finance BV | 5.43% | 2030-06-03 | 6.25% | XS0147048762 |
| Anglian Water Services Financing PLC | 6.04% | 2031-06-20 | 5.88% | XS2638380506 |
| BMW | 5.51% | 2031-07-08 | 4.75% | XS3112552313 |
| Motability Operations Group PLC | 5.73% | 2032-03-14 | 2.38% | XS1578213933 |
| Mcdonald's Corp | 5.53% | 2032-04-23 | 5.88% | XS0146389464 |
| Legal & General Group PLC | 5.72% | 2033-04-05 | 5.88% | XS0145680426 |
| Mcdonald's Corp | 5.60% | 2034-03-15 | 2.95% | XS1963745580 |
| ABP Finance PLC | 6.23% | 2035-04-14 | 5.62% | XS3200135005 |
| Bunzl Finance PLC | 6.25% | 2036-03-18 | 5.75% | XS3022685500 |
| Vattenfall AB | 6.40% | 2039-04-15 | 6.88% | XS0422688019 |
| Motability Operations Group PLC | 6.90% | 2045-01-22 | 6.25% | XS2978917404 |
| Vodafone Group PLC | 6.97% | 2049-08-08 | 3.38% | XS1468494239 |
| Mcdonald's Corp | 6.80% | 2054-06-11 | 4.12% | XS1075996907 |