UK AAA–AA Banks Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/gbp-corporate-aaa-aa-banks
UK AAA–AA Banks Corporate Bond Yields (GBP) as of 2026-07-27: 10Y at 5.72%, fitted curve 1M–10Y (4.43%–5.72%), 33 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.43% | — |
| 6M | 4.52% | 4.54% |
| 9M | 4.57% | 4.67% |
| 12M | 4.62% | 4.78% |
| 18M | 4.72% | 4.92% |
| 2Y | 4.82% | 5.11% |
| 3Y | 5.00% | 5.37% |
| 4Y | 5.17% | 5.66% |
| 5Y | 5.31% | 5.88% |
| 6Y | 5.43% | 6.03% |
| 7Y | 5.53% | 6.13% |
| 10Y | 5.72% | 6.18% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.82% and the 10-year 5.72%, a 10Y−2Y spread of +90 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 ago2026-03-06 |
|---|---|---|---|---|---|---|
| 2Y | 4.82% | 4.71% | 4.86% | 4.90% | 5.03% | 4.16% |
| 10Y | 5.72% | 5.49% | 5.63% | 5.65% | 5.70% | 5.20% |
| 10Y − 2Y | +90 bp | +77 bp | +77 bp | +75 bp | +67 bp | +104 bp |
Bonds in this curve
A selection of 30 of the 46 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Canadian Imperial Bank of Commerce | 3.75% | 2026-08-20 | 3.75% | GB00BSGRB411 |
| OP Corporate Bank PLC | 3.87% | 2026-09-04 | 1.38% | XS2393539080 |
| Landwirtschaftliche Rentenbank | 4.82% | 2026-12-15 | 0.88% | XS2035406987 |
| Jpmorgan Chase & CO | 4.99% | 2026-12-18 | 3.50% | XS0866897829 |
| BNG Bank NV | 4.86% | 2026-12-21 | 0.50% | XS2307879721 |
| Toronto-Dominion Bank | 4.49% | 2027-04-05 | 2.88% | XS2464724165 |
| Royal Bank of Canada | 4.89% | 2027-06-14 | 3.62% | XS2490729154 |
| Landwirtschaftliche Rentenbank | 4.35% | 2027-07-22 | 1.25% | XS2436454842 |
| DNB Bank ASA | 4.32% | 2027-08-17 | 4.00% | XS2521025408 |
| Credit Agricole | 5.66% | 2027-11-29 | 5.75% | FR001400E920 |
| Royal Bank of Canada | 4.79% | 2028-01-24 | 5.00% | XS2578939527 |
| ABN Amro Bank NV | 4.92% | 2028-02-22 | 5.12% | XS2590262296 |
| Dekabank Deutsche Girozentrale | 4.99% | 2028-02-28 | 1.35% | DE000DK040F9 |
| BNG Bank NV | 4.69% | 2028-12-07 | 5.20% | XS0096806590 |
| Landwirtschaftliche Rentenbank | 4.58% | 2028-12-15 | 2.12% | XS2474955924 |
| Landwirtschaftliche Rentenbank | 4.56% | 2029-02-09 | 3.88% | XS2763640815 |
| BNG Bank NV | 4.73% | 2029-02-15 | 4.25% | XS2767246148 |
| BNP Paribas | 5.11% | 2029-02-24 | 2.88% | FR0014008NE2 |
| Nordea Bank | 4.93% | 2029-02-25 | 4.75% | XS3009452528 |
| Swedbank AB | 5.33% | 2029-05-24 | 5.88% | XS2625137265 |
| BNP Paribas | 5.27% | 2029-08-18 | 6.00% | FR001400I7U8 |
| Nordea Bank | 5.16% | 2029-10-12 | 4.50% | XS2899774579 |
| Royal Bank of Canada | 5.13% | 2030-11-01 | 4.88% | XS2929921653 |
| ABN Amro Bank NV | 5.41% | 2030-11-08 | 4.62% | XS3248241971 |
| Skandinaviska Enskilda Banken AB | 5.18% | 2031-07-15 | 4.75% | XS3229932937 |
| Landwirtschaftliche Rentenbank | 4.68% | 2031-07-21 | 4.00% | XS3277636877 |
| BNP Paribas | 5.58% | 2032-06-13 | 5.75% | FR001400F5X9 |
| Royal Bank of Canada | 5.33% | 2032-08-01 | 5.12% | XS3353857728 |
| Jpmorgan Chase & CO | 4.73% | 2033-04-28 | 1.90% | XS2335966557 |
| BNP Paribas | 5.92% | 2036-09-13 | 2.00% | FR0014005E43 |