UK Investment Grade Banks Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/gbp-corporate-banks
UK Investment Grade Banks Corporate Bond Yields (GBP) as of 2026-10-26: 10Y at 6.32%, fitted curve 1M–30Y (4.67%–6.37%), 93 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.67% | — |
| 3M | 4.76% | 4.80% |
| 6M | 4.91% | 5.19% |
| 9M | 5.07% | 5.58% |
| 12M | 5.21% | 5.58% |
| 18M | 5.38% | 5.83% |
| 2Y | 5.51% | 6.01% |
| 3Y | 5.73% | 6.30% |
| 4Y | 5.90% | 6.60% |
| 5Y | 6.04% | 6.78% |
| 6Y | 6.14% | 6.86% |
| 7Y | 6.21% | 6.87% |
| 9Y | 6.30% | 6.82% |
| 10Y | 6.32% | 6.74% |
| 15Y | 6.37% | 6.61% |
| 30Y | 6.37% | 6.49% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.51% and the 10-year 6.32%, a 10Y−2Y spread of +81 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.51% | 5.31% | 4.97% | 4.97% | 4.80% | 4.92% | 5.06% |
| 10Y | 6.32% | 6.25% | 5.93% | 5.90% | 5.77% | 5.78% | 5.90% |
| 10Y − 2Y | +81 bp | +94 bp | +96 bp | +93 bp | +98 bp | +86 bp | +84 bp |
Yields by rating group
The same curve split by credit quality: 111 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.52%, A+ to BBB- 5.68%.
Bonds in this curve
A selection of 30 of the 111 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Swedbank | 4.83% | 2027-12-08 | 1.38% | XS2350031048 |
| Danske Bank | 4.96% | 2028-01-14 | 2.25% | XS2100904361 |
| Barclays Bank | 4.69% | 2027-02-12 | 3.25% | XS1472663670 |
| Caixabank | 5.00% | 2028-04-06 | 3.50% | XS2465774128 |
| Scotiabank | 4.83% | 2027-05-03 | 2.88% | XS2465987621 |
| RBC | 4.82% | 2027-06-14 | 3.62% | XS2490729154 |
| Rabobank | 5.05% | 2028-07-12 | 1.88% | XS2429208999 |
| Natwest | 5.06% | 2027-11-08 | 6.38% | XS2540612129 |
| Credit Agricole | 5.74% | 2027-11-29 | 5.75% | FR001400E920 |
| ABN Amro Bank | 5.37% | 2028-02-22 | 5.12% | XS2590262296 |
| Deutsche Bank | 5.62% | 2029-02-26 | 5.00% | XS3008530134 |
| Bank of America | 5.42% | 2028-07-31 | 7.00% | XS0379947236 |
| Hsbc | 5.60% | 2028-08-16 | 2.62% | XS1473485925 |
| Wells Fargo | 5.74% | 2029-05-02 | 2.50% | XS1989386021 |
| Swedbank | 5.59% | 2029-05-24 | 5.88% | XS2625137265 |
| Hsbc | 5.11% | 2030-05-29 | 3.00% | XS2003500142 |
| Citigroup | 5.69% | 2030-08-16 | 6.50% | XS0116066449 |
| SEB | 5.71% | 2031-07-15 | 4.75% | XS3229932937 |
| Wells Fargo | 5.86% | 2031-09-24 | 2.12% | XS2055646678 |
| BNP Paribas | 6.22% | 2032-06-13 | 5.75% | FR001400F5X9 |
| Barclays Bank | 6.10% | 2032-07-31 | 5.75% | XS2975136214 |
| Jpmorgan | 5.26% | 2033-04-28 | 1.90% | XS2335966557 |
| Intesa Sanpaolo | 6.18% | 2033-05-31 | 6.62% | XS2630420268 |
| Hsbc | 6.37% | 2035-09-11 | 6.06% | XS3487885405 |
| Morgan Stanley | 6.23% | 2035-10-24 | 5.21% | XS2927570858 |
| BNP Paribas | 6.50% | 2036-09-13 | 2.00% | FR0014005E43 |
| Standard Chartered | 6.47% | 2038-01-18 | 4.38% | XS0876756452 |
| Citigroup | 6.45% | 2039-09-01 | 7.38% | XS0449155455 |
| Rabobank | 6.35% | 2041-05-23 | 5.25% | XS0629875708 |
| Rabobank | 6.47% | 2060-08-03 | 5.38% | XS0530302628 |