UK A–BBB Senior Unsecured Callable Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/gbp-corporate-senior-unsecured-a-bbb-callable
UK A–BBB Senior Unsecured Callable Corporate Bond Yields (GBP) as of 2026-07-27: 10Y at 6.02%, fitted curve 1M–40Y (4.78%–7.02%), 91 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.78% | — |
| 3M | 4.80% | 4.82% |
| 6M | 4.84% | 4.87% |
| 12M | 4.91% | 4.98% |
| 18M | 4.98% | 5.12% |
| 2Y | 5.05% | 5.26% |
| 3Y | 5.19% | 5.46% |
| 4Y | 5.32% | 5.72% |
| 5Y | 5.45% | 5.97% |
| 6Y | 5.58% | 6.21% |
| 7Y | 5.70% | 6.42% |
| 8Y | 5.81% | 6.62% |
| 9Y | 5.92% | 6.79% |
| 10Y | 6.02% | 6.94% |
| 15Y | 6.43% | 7.26% |
| 20Y | 6.70% | 7.49% |
| 25Y | 6.85% | 7.49% |
| 30Y | 6.94% | 7.40% |
| 40Y | 7.02% | 7.26% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.05% and the 10-year 6.02%, a 10Y−2Y spread of +97 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 ago2026-01-27 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.05% | 4.77% | 4.97% | 5.08% | 5.06% | 4.00% | 4.11% |
| 10Y | 6.02% | 5.70% | 5.89% | 5.87% | 5.91% | 5.52% | 5.41% |
| 10Y − 2Y | +97 bp | +93 bp | +92 bp | +79 bp | +84 bp | +152 bp | +131 bp |
Bonds in this curve
A selection of 30 of the 101 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| General Motors Company | 4.75% | 2026-08-15 | 5.15% | XS2587351706 |
| Next Group PLC | 5.98% | 2026-10-02 | 4.38% | XS0975833319 |
| Diageo Capital PLC | 3.83% | 2026-10-12 | 1.75% | XS1982100643 |
| Scotland GAS Networks PLC | 4.70% | 2027-03-08 | 3.25% | XS1375954945 |
| General Motors Company | 4.95% | 2027-07-30 | 1.55% | XS2384288747 |
| Northumbrian Water Finance PLC | 5.52% | 2027-10-05 | 2.38% | XS1694779734 |
| Goldman Sachs Group INC | 4.97% | 2027-12-07 | 1.50% | XS2322254322 |
| Nationwide Building Society | 5.98% | 2027-12-07 | 6.18% | XS2562898143 |
| Diageo Capital PLC | 4.67% | 2028-06-08 | 2.38% | XS2466404329 |
| Volvo Car AB | 5.11% | 2028-06-22 | 6.12% | XS2638082664 |
| Anglo American Capital PLC | 5.04% | 2029-03-11 | 3.38% | XS1962515372 |
| Natwest Group PLC | 4.55% | 2029-03-29 | 3.62% | XS2449910921 |
| APA Infrastructure LTD | 5.41% | 2030-03-22 | 3.50% | XS1205617829 |
| Hsbc Holdings PLC | 4.76% | 2030-05-29 | 3.00% | XS2003500142 |
| Barclays Bank PLC | 5.58% | 2031-01-31 | 6.37% | XS2570940226 |
| Aroundtown SA | 6.13% | 2031-04-10 | 3.62% | XS1980255779 |
| Blackstone INC | 5.86% | 2032-04-29 | 4.88% | XS2471771753 |
| WPP PLC | 6.11% | 2032-05-19 | 3.75% | XS2176605132 |
| Diageo Capital PLC | 5.02% | 2033-03-28 | 1.25% | XS2240066915 |
| ING Group | 6.05% | 2033-05-20 | 6.25% | XS2588986724 |
| Cadent Finance PLC | 5.96% | 2034-03-14 | 5.75% | XS2596453014 |
| Standard Chartered PLC | 6.07% | 2034-06-06 | 5.12% | XS1075419694 |
| National Grid Electricity Transmission PLC | 5.91% | 2035-02-06 | 2.75% | XS1884008928 |
| Barclays Bank PLC | 5.95% | 2035-03-21 | 5.85% | XS2790094523 |
| APA Infrastructure LTD | 6.00% | 2036-03-15 | 2.50% | XS2315784988 |
| 3I Group PLC | 6.34% | 2040-06-05 | 3.75% | XS2178611526 |
| WPP PLC | 6.54% | 2046-09-14 | 2.88% | XS1489364395 |
| United Parcel Service INC | 6.33% | 2050-02-12 | 5.12% | XS0301197546 |
| British American Tobacco plc | 6.89% | 2055-11-23 | 4.00% | XS1324911608 |
| Electricite de France SA | 7.09% | 2064-11-08 | 6.50% | FR001400TU80 |