UK AAA–AA Banks Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/gbp-corporate-aaa-aa-banks
UK AAA–AA Banks Corporate Bond Yields (GBP) as of 2026-09-11: 10Y at 6.04%, fitted curve 1M–10Y (4.72%–6.04%), 32 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.72% | — |
| 3M | 4.75% | 4.76% |
| 6M | 4.79% | 4.96% |
| 9M | 4.84% | 5.04% |
| 18M | 4.98% | 5.17% |
| 2Y | 5.07% | 5.42% |
| 3Y | 5.24% | 5.69% |
| 4Y | 5.40% | 6.02% |
| 5Y | 5.54% | 6.31% |
| 6Y | 5.67% | 6.56% |
| 7Y | 5.79% | 6.75% |
| 10Y | 6.04% | 6.99% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.07% and the 10-year 6.04%, a 10Y−2Y spread of +98 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 | 5.07% | 4.79% | 4.85% | 4.82% | 5.07% | 4.82% | 4.56% |
| 10Y | 6.04% | 5.65% | 5.48% | 5.71% | 5.63% | 5.55% | 5.44% |
| 10Y − 2Y | +98 bp | +86 bp | +63 bp | +88 bp | +56 bp | +72 bp | +88 bp |
Bonds in this curve
A selection of 30 of the 43 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Canadian Imperial Bank of Commerce | 3.72% | 2026-10-05 | 3.75% | GB00BSGRNC38 |
| Canadian Imperial Bank of Commerce | 3.72% | 2026-10-12 | 3.75% | GB00BSGRQG80 |
| Landwirtschaftliche Rentenbank | 5.20% | 2026-12-15 | 0.88% | XS2035406987 |
| Jpmorgan Chase & CO | 5.44% | 2026-12-18 | 3.50% | XS0866897829 |
| BNG Bank NV | 5.15% | 2026-12-21 | 0.50% | XS2307879721 |
| Toronto-Dominion Bank | 4.62% | 2027-04-05 | 2.88% | XS2464724165 |
| Royal Bank of Canada | 5.03% | 2027-06-14 | 3.62% | XS2490729154 |
| Landwirtschaftliche Rentenbank | 4.57% | 2027-07-22 | 1.25% | XS2436454842 |
| Royal Bank of Canada | 4.92% | 2028-01-24 | 5.00% | XS2578939527 |
| ABN Amro Bank NV | 5.17% | 2028-02-22 | 5.12% | XS2590262296 |
| Dekabank Deutsche Girozentrale | 5.11% | 2028-02-28 | 1.35% | DE000DK040F9 |
| BNG Bank NV | 5.09% | 2028-12-07 | 5.20% | XS0096806590 |
| Landwirtschaftliche Rentenbank | 4.95% | 2028-12-15 | 2.12% | XS2474955924 |
| Landwirtschaftliche Rentenbank | 4.96% | 2029-02-09 | 3.88% | XS2763640815 |
| BNG Bank NV | 4.98% | 2029-02-15 | 4.25% | XS2767246148 |
| BNP Paribas | 5.56% | 2029-02-24 | 2.88% | FR0014008NE2 |
| Swedbank AB | 5.50% | 2029-05-24 | 5.88% | XS2625137265 |
| BNP Paribas | 5.47% | 2029-08-18 | 6.00% | FR001400I7U8 |
| Nordea Bank | 5.41% | 2029-10-12 | 4.50% | XS2899774579 |
| Credit Agricole | 5.49% | 2029-10-23 | 4.88% | FR001400FAR2 |
| ABN Amro Bank NV | 5.39% | 2029-10-24 | 4.75% | XS3008633888 |
| Royal Bank of Canada | 5.34% | 2030-11-01 | 4.88% | XS2929921653 |
| ABN Amro Bank NV | 5.61% | 2030-11-08 | 4.62% | XS3248241971 |
| Skandinaviska Enskilda Banken AB | 5.41% | 2031-07-15 | 4.75% | XS3229932937 |
| Landwirtschaftliche Rentenbank | 5.07% | 2031-07-21 | 4.00% | XS3277636877 |
| Royal Bank of Canada | 5.05% | 2031-10-10 | 5.10% | XS3019738452 |
| BNP Paribas | 5.88% | 2032-06-13 | 5.75% | FR001400F5X9 |
| Royal Bank of Canada | 5.28% | 2032-08-01 | 5.12% | XS3353857728 |
| Jpmorgan Chase & CO | 4.98% | 2033-04-28 | 1.90% | XS2335966557 |
| BNP Paribas | 6.29% | 2036-09-13 | 2.00% | FR0014005E43 |