UK Banks Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/gbp-corporate-banks
UK Banks Corporate Bond Yields (GBP) as of 2026-07-27: 10Y at 5.93%, fitted curve 1M–30Y (4.76%–6.25%), 124 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.76% | — |
| 3M | 4.78% | 4.79% |
| 6M | 4.81% | 4.83% |
| 9M | 4.83% | 4.89% |
| 12M | 4.86% | 4.95% |
| 18M | 4.92% | 5.04% |
| 2Y | 4.98% | 5.17% |
| 3Y | 5.11% | 5.37% |
| 4Y | 5.25% | 5.66% |
| 5Y | 5.39% | 5.94% |
| 6Y | 5.52% | 6.18% |
| 7Y | 5.64% | 6.39% |
| 8Y | 5.75% | 6.53% |
| 9Y | 5.85% | 6.63% |
| 10Y | 5.93% | 6.67% |
| 15Y | 6.16% | 6.62% |
| 30Y | 6.25% | 6.34% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.98% and the 10-year 5.93%, a 10Y−2Y spread of +95 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 ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.98% | 4.76% | 4.95% | 5.07% | 5.16% | 4.12% | 4.30% |
| 10Y | 5.93% | 5.79% | 5.81% | 5.93% | 5.92% | 5.44% | 5.59% |
| 10Y − 2Y | +95 bp | +103 bp | +86 bp | +86 bp | +76 bp | +131 bp | +129 bp |
Yields by rating group
The same curve split by credit quality: 147 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.84%, A+ to BBB- 5.31%.
Bonds in this curve
A selection of 30 of the 149 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 |
| Bank of America Corporation | 5.05% | 2026-12-10 | 4.25% | XS1002979141 |
| Landwirtschaftliche Rentenbank | 4.82% | 2026-12-15 | 0.88% | XS2035406987 |
| Jpmorgan Chase & CO | 4.99% | 2026-12-18 | 3.50% | XS0866897829 |
| 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 |
| Natwest Group PLC | 5.11% | 2027-11-08 | 6.38% | XS2540612129 |
| Credit Agricole | 5.66% | 2027-11-29 | 5.75% | FR001400E920 |
| Banque Federative du Credit Mutuel | 5.10% | 2028-05-25 | 5.38% | FR001400I293 |
| Mizuho Financial Group | 5.17% | 2028-06-13 | 5.63% | XS2594990892 |
| Landwirtschaftliche Rentenbank | 4.56% | 2029-02-09 | 3.88% | XS2763640815 |
| Industrial and Commercial Bank of China LTD | 4.73% | 2029-03-16 | 4.50% | XS3296391777 |
| Hsbc Holdings PLC | 4.76% | 2030-05-29 | 3.00% | XS2003500142 |
| Citigroup INC | 5.31% | 2030-08-16 | 6.50% | XS0116066449 |
| Barclays Bank PLC | 5.58% | 2031-01-31 | 6.37% | XS2570940226 |
| Intesa Sanpaolo | 6.23% | 2031-02-08 | 1.40% | XS2294840363 |
| BNP Paribas | 5.58% | 2032-06-13 | 5.75% | FR001400F5X9 |
| Barclays Bank PLC | 5.65% | 2032-07-31 | 5.75% | XS2975136214 |
| Jpmorgan Chase & CO | 4.73% | 2033-04-28 | 1.90% | XS2335966557 |
| ING Group | 6.05% | 2033-05-20 | 6.25% | XS2588986724 |
| Standard Chartered PLC | 6.07% | 2034-06-06 | 5.12% | XS1075419694 |
| Natwest Group PLC | 5.62% | 2034-10-17 | 5.64% | XS2902577191 |
| Barclays Bank PLC | 5.95% | 2035-03-21 | 5.85% | XS2790094523 |
| Morgan Stanley | 5.75% | 2035-10-24 | 5.21% | XS2927570858 |
| Nationwide Building Society | 5.66% | 2036-07-14 | 5.50% | XS3202737493 |
| Investec Bank PLC | 5.96% | 2036-07-30 | 5.62% | XS3278764579 |
| Citigroup INC | 6.14% | 2039-09-01 | 7.38% | XS0449155455 |
| Cooperatieve Rabobank UA | 6.25% | 2060-08-03 | 5.38% | XS0530302628 |