UK A–BBB Senior Unsecured Callable Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/gbp-corporate-senior-unsecured-a-bbb-callable
UK A–BBB Senior Unsecured Callable Corporate Bond Yields (GBP) as of 2026-09-10: 10Y at 6.28%, fitted curve 1M–40Y (4.77%–7.18%), 83 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.77% | — |
| 3M | 4.88% | 4.94% |
| 6M | 4.99% | 5.23% |
| 9M | 5.06% | 5.30% |
| 12M | 5.11% | 5.30% |
| 18M | 5.19% | 5.42% |
| 2Y | 5.26% | 5.57% |
| 3Y | 5.40% | 5.79% |
| 4Y | 5.54% | 6.10% |
| 5Y | 5.68% | 6.41% |
| 6Y | 5.81% | 6.71% |
| 7Y | 5.94% | 7.00% |
| 8Y | 6.06% | 7.29% |
| 9Y | 6.17% | 7.56% |
| 10Y | 6.28% | 7.82% |
| 15Y | 6.73% | 8.48% |
| 20Y | 6.96% | 8.72% |
| 25Y | 6.97% | 7.29% |
| 30Y | 7.08% | 9.25% |
| 40Y | 7.18% | 9.22% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.26% and the 10-year 6.28%, a 10Y−2Y spread of +102 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.26% | 5.03% | 4.92% | 4.96% | 5.22% | 4.97% | 4.71% |
| 10Y | 6.28% | 6.01% | 5.92% | 5.84% | 6.01% | 5.76% | 5.61% |
| 10Y − 2Y | +102 bp | +98 bp | +100 bp | +88 bp | +79 bp | +79 bp | +91 bp |
Bonds in this curve
A selection of 30 of the 92 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Next Group PLC | 9.61% | 2026-10-02 | 4.38% | XS0975833319 |
| Diageo Capital PLC | 4.17% | 2026-10-12 | 1.75% | XS1982100643 |
| Toyota Motor Corporation | 4.21% | 2026-11-19 | 0.75% | XS2260426288 |
| Kering SA | 6.24% | 2026-11-23 | 5.12% | FR001400M6M1 |
| Scotland GAS Networks PLC | 4.79% | 2027-03-08 | 3.25% | XS1375954945 |
| Bupa Finance PLC | 4.51% | 2027-06-14 | 1.75% | XS2183141717 |
| General Motors Company | 5.12% | 2027-07-30 | 1.55% | XS2384288747 |
| Northumbrian Water Finance PLC | 5.63% | 2027-10-05 | 2.38% | XS1694779734 |
| Scottish Hydro Electric Transmission PLC | 5.15% | 2028-03-24 | 1.50% | XS2321663473 |
| Diageo Capital PLC | 5.08% | 2028-06-08 | 2.38% | XS2466404329 |
| Volvo Car AB | 5.30% | 2028-06-22 | 6.12% | XS2638082664 |
| Sodexo SA | 5.57% | 2028-06-26 | 1.75% | XS2017471983 |
| Industrial and Commercial Bank of China LTD | 4.96% | 2029-03-16 | 4.50% | XS3296391777 |
| Natwest Group PLC | 4.75% | 2029-03-29 | 3.62% | XS2449910921 |
| APA Infrastructure LTD | 5.69% | 2030-03-22 | 3.50% | XS1205617829 |
| Hsbc Holdings PLC | 4.95% | 2030-05-29 | 3.00% | XS2003500142 |
| Aroundtown SA | 6.39% | 2031-04-10 | 3.62% | XS1980255779 |
| APA Infrastructure LTD | 5.62% | 2031-07-18 | 3.12% | XS1963555534 |
| Blackstone INC | 6.04% | 2032-04-29 | 4.88% | XS2471771753 |
| WPP PLC | 6.15% | 2032-05-19 | 3.75% | XS2176605132 |
| Diageo Capital PLC | 5.27% | 2033-03-28 | 1.25% | XS2240066915 |
| JT International Financial Services B.V. | 5.90% | 2033-09-28 | 2.75% | XS1883352335 |
| Cadent Finance PLC | 6.13% | 2034-03-14 | 5.75% | XS2596453014 |
| Barclays Bank PLC | 6.21% | 2035-03-21 | 5.85% | XS2790094523 |
| APA Infrastructure LTD | 6.21% | 2036-03-15 | 2.50% | XS2315784988 |
| 3I Group PLC | 6.54% | 2040-06-05 | 3.75% | XS2178611526 |
| WPP PLC | 6.73% | 2046-09-14 | 2.88% | XS1489364395 |
| United Parcel Service INC | 6.57% | 2050-02-12 | 5.12% | XS0301197546 |
| British American Tobacco plc | 7.10% | 2055-11-23 | 4.00% | XS1324911608 |
| Electricite de France SA | 7.46% | 2064-11-08 | 6.50% | FR001400TU80 |