UK AAA–AA Non-Callable Banks Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-08-06
https://bondscovery.com/yield-curve/gbp-corporate-aaa-aa-banks-non-callable
UK AAA–AA Non-Callable Banks Corporate Bond Yields (GBP) as of 2026-08-06: 10Y at 5.82%, fitted curve 3M–10Y (4.78%–5.82%), 29 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.78% | — |
| 9M | 4.79% | 4.79% |
| 12M | 4.80% | 4.81% |
| 18M | 4.81% | 4.83% |
| 2Y | 4.82% | 4.87% |
| 3Y | 4.87% | 4.98% |
| 4Y | 4.97% | 5.27% |
| 5Y | 5.13% | 5.76% |
| 6Y | 5.33% | 6.36% |
| 10Y | 5.82% | 6.55% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.82% and the 10-year 5.82%, a 10Y−2Y spread of +100 bp — positively sloped — as of 2026-08-06. 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 | Latest2026-08-06 | 1m ago2026-07-02 | 2m ago2026-06-08 | 3m ago2026-05-08 | 4m ago2026-04-15 |
|---|---|---|---|---|---|
| 2Y | 4.82% | 4.67% | 4.78% | 4.97% | 4.73% |
| 10Y | 5.82% | 5.53% | 5.67% | 5.63% | 5.66% |
| 10Y − 2Y | +100 bp | +87 bp | +89 bp | +65 bp | +93 bp |
Bonds in this curve
A selection of 30 of the 35 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Royal Bank of Canada | 4.48% | 2026-09-09 | 1.00% | XS2385061234 |
| Landwirtschaftliche Rentenbank | 4.83% | 2026-12-15 | 0.88% | XS2035406987 |
| Jpmorgan Chase & CO | 5.00% | 2026-12-18 | 3.50% | XS0866897829 |
| BNG Bank NV | 4.86% | 2026-12-21 | 0.50% | XS2307879721 |
| Royal Bank of Canada | 4.81% | 2027-06-14 | 3.62% | XS2490729154 |
| Landwirtschaftliche Rentenbank | 4.26% | 2027-07-22 | 1.25% | XS2436454842 |
| Credit Agricole | 5.68% | 2027-11-29 | 5.75% | FR001400E920 |
| Royal Bank of Canada | 4.66% | 2028-01-24 | 5.00% | XS2578939527 |
| Dekabank Deutsche Girozentrale | 4.86% | 2028-02-28 | 1.35% | DE000DK040F9 |
| Bank of Montreal | 4.88% | 2028-10-10 | 5.12% | XS2837778559 |
| BNG Bank NV | 4.55% | 2028-12-07 | 5.20% | XS0096806590 |
| Landwirtschaftliche Rentenbank | 4.45% | 2028-12-15 | 2.12% | XS2474955924 |
| Bank of Nova Scotia | 4.92% | 2029-01-14 | 5.00% | XS2976468343 |
| Landwirtschaftliche Rentenbank | 4.44% | 2029-02-09 | 3.88% | XS2763640815 |
| BNG Bank NV | 4.58% | 2029-02-15 | 4.25% | XS2767246148 |
| BNP Paribas | 4.98% | 2029-02-24 | 2.88% | FR0014008NE2 |
| Nordea Bank | 4.82% | 2029-02-25 | 4.75% | XS3009452528 |
| BNP Paribas | 5.19% | 2029-08-18 | 6.00% | FR001400I7U8 |
| Nordea Bank | 5.02% | 2029-10-12 | 4.50% | XS2899774579 |
| Credit Agricole | 5.04% | 2029-10-23 | 4.88% | FR001400FAR2 |
| ABN Amro Bank NV | 4.95% | 2029-10-24 | 4.75% | XS3008633888 |
| Landwirtschaftliche Rentenbank | 4.48% | 2030-01-10 | 4.38% | XS2972044163 |
| Swedbank AB | 4.98% | 2030-10-11 | 4.88% | XS2997537357 |
| Royal Bank of Canada | 5.02% | 2030-11-01 | 4.88% | XS2929921653 |
| ABN Amro Bank NV | 5.22% | 2030-11-08 | 4.62% | XS3248241971 |
| Skandinaviska Enskilda Banken AB | 5.02% | 2031-07-15 | 4.75% | XS3229932937 |
| Landwirtschaftliche Rentenbank | 4.55% | 2031-07-21 | 4.00% | XS3277636877 |
| BNP Paribas | 5.45% | 2032-06-13 | 5.75% | FR001400F5X9 |
| Royal Bank of Canada | 5.33% | 2032-08-01 | 5.12% | XS3353857728 |
| BNP Paribas | 5.80% | 2036-09-13 | 2.00% | FR0014005E43 |