UK AAA–AA Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/gbp-corporate-aaa-aa
UK AAA–AA Corporate Bond Yields (GBP) as of 2026-09-11: 10Y at 5.85%, fitted curve 1M–25Y (5.13%–6.58%), 81 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.13% | — |
| 3M | 5.13% | 5.14% |
| 6M | 5.14% | 5.28% |
| 9M | 5.15% | 5.25% |
| 12M | 5.16% | 5.25% |
| 18M | 5.18% | 5.29% |
| 2Y | 5.20% | 5.35% |
| 3Y | 5.26% | 5.44% |
| 4Y | 5.32% | 5.60% |
| 5Y | 5.39% | 5.80% |
| 6Y | 5.47% | 6.03% |
| 7Y | 5.56% | 6.30% |
| 8Y | 5.65% | 6.60% |
| 9Y | 5.75% | 6.91% |
| 10Y | 5.85% | 7.22% |
| 15Y | 6.28% | 7.89% |
| 25Y | 6.58% | 7.82% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.20% and the 10-year 5.85%, a 10Y−2Y spread of +65 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 | 5.20% | 4.81% | 4.77% | 4.73% | 4.94% | 4.76% | 4.53% |
| 10Y | 5.85% | 5.48% | 5.43% | 5.41% | 5.52% | 5.35% | 5.10% |
| 10Y − 2Y | +65 bp | +67 bp | +66 bp | +68 bp | +58 bp | +59 bp | +57 bp |
Bonds in this curve
A selection of 30 of the 93 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Metropolitan Life Global Funding I | 9.87% | 2026-09-30 | 3.50% | XS0834641358 |
| Canadian Imperial Bank of Commerce | 3.72% | 2026-10-12 | 3.75% | GB00BSGRQG80 |
| Deutsche Bahn AG | 3.97% | 2026-12-03 | 0.38% | XS2295280411 |
| Landwirtschaftliche Rentenbank | 5.30% | 2026-12-15 | 0.88% | XS2035406987 |
| Lvmh Moet Hennessy Louis Vuitton SE | 5.26% | 2027-02-11 | 1.12% | FR0013482866 |
| Nestle SA | 4.48% | 2027-04-04 | 2.12% | XS2464407514 |
| Royal Bank of Canada | 5.10% | 2027-06-14 | 3.62% | XS2490729154 |
| Landwirtschaftliche Rentenbank | 4.55% | 2027-07-22 | 1.25% | XS2436454842 |
| Credit Agricole | 5.84% | 2027-11-29 | 5.75% | FR001400E920 |
| Metropolitan Life Global Funding I | 5.36% | 2027-12-08 | 0.62% | XS2281152822 |
| Royal Bank of Canada | 5.06% | 2028-01-24 | 5.00% | XS2578939527 |
| ABN Amro Bank NV | 5.10% | 2028-02-22 | 5.12% | XS2590262296 |
| Metropolitan Life Global Funding I | 5.46% | 2028-10-12 | 1.62% | XS2429208056 |
| Equinor ASA | 5.18% | 2028-11-27 | 6.12% | XS0092541969 |
| Nestle SA | 5.23% | 2029-03-22 | 4.50% | XS2787862346 |
| Procter & Gamble CO | 5.12% | 2029-05-03 | 1.80% | XS1608101652 |
| Northwestern Mutual Life Insurance Company | 5.51% | 2030-10-28 | 4.70% | XS3168797135 |
| Royal Bank of Canada | 5.47% | 2030-11-01 | 4.88% | XS2929921653 |
| Skandinaviska Enskilda Banken AB | 5.56% | 2031-07-15 | 4.75% | XS3229932937 |
| Landwirtschaftliche Rentenbank | 5.04% | 2031-07-21 | 4.00% | XS3277636877 |
| Nestle SA | 5.34% | 2032-04-04 | 2.50% | XS2464407860 |
| Tennessee Valley Authority | 5.79% | 2032-06-07 | 5.62% | US880591DP40 |
| Jpmorgan Chase & CO | 5.10% | 2033-04-28 | 1.90% | XS2335966557 |
| Nestle SA | 5.44% | 2033-06-23 | 1.38% | XS2354308194 |
| Walmart INC | 5.53% | 2034-03-27 | 5.62% | XS0419834931 |
| Walmart INC | 5.64% | 2035-09-28 | 5.25% | XS0202077953 |
| Network Rail Infrastructure Finance PLC | 5.49% | 2035-11-29 | 4.75% | XS0206361221 |
| Nestle SA | 5.87% | 2036-03-22 | 4.75% | XS2787862429 |
| Gaci First Investment Company | 6.42% | 2039-06-11 | 5.62% | XS2838995947 |
| LCR Finance PLC | 6.16% | 2051-03-07 | 5.10% | XS0150670551 |