UK AAA–AA Senior Unsecured Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/gbp-corporate-senior-unsecured-aaa-aa
UK AAA–AA Senior Unsecured Corporate Bond Yields (GBP) as of 2026-09-10: 10Y at 5.84%, fitted curve 1M–25Y (4.93%–6.58%), 62 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.93% | — |
| 3M | 4.95% | 4.96% |
| 6M | 4.97% | 5.12% |
| 9M | 5.00% | 5.14% |
| 12M | 5.02% | 5.14% |
| 18M | 5.07% | 5.24% |
| 2Y | 5.12% | 5.35% |
| 3Y | 5.22% | 5.51% |
| 4Y | 5.32% | 5.72% |
| 5Y | 5.41% | 5.93% |
| 6Y | 5.50% | 6.14% |
| 7Y | 5.59% | 6.35% |
| 8Y | 5.68% | 6.54% |
| 9Y | 5.76% | 6.74% |
| 10Y | 5.84% | 6.92% |
| 15Y | 6.20% | 7.54% |
| 25Y | 6.58% | 8.20% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.12% and the 10-year 5.84%, a 10Y−2Y spread of +71 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 | 5.12% | 4.81% | 4.83% | 4.78% | 4.97% | 4.81% | 4.57% |
| 10Y | 5.84% | 5.57% | 5.45% | 5.41% | 5.49% | 5.30% | 5.06% |
| 10Y − 2Y | +71 bp | +75 bp | +62 bp | +64 bp | +51 bp | +49 bp | +50 bp |
Bonds in this curve
A selection of 30 of the 67 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Nestle SA | 4.39% | 2026-09-21 | 5.25% | XS2689044258 |
| Deutsche Bahn AG | 4.02% | 2026-12-03 | 0.38% | XS2295280411 |
| Jpmorgan Chase & CO | 5.44% | 2026-12-18 | 3.50% | XS0866897829 |
| BNG Bank NV | 5.15% | 2026-12-21 | 0.50% | XS2307879721 |
| Lvmh Moet Hennessy Louis Vuitton SE | 5.13% | 2027-02-11 | 1.12% | FR0013482866 |
| Toronto-Dominion Bank | 4.62% | 2027-04-05 | 2.88% | XS2464724165 |
| Royal Bank of Canada | 5.03% | 2027-06-14 | 3.62% | XS2490729154 |
| Credit Agricole | 5.82% | 2027-11-29 | 5.75% | FR001400E920 |
| Cppib Capital INC | 4.96% | 2027-12-07 | 1.25% | XS2430951827 |
| Royal Bank of Canada | 4.92% | 2028-01-24 | 5.00% | XS2578939527 |
| ABN Amro Bank NV | 5.17% | 2028-02-22 | 5.12% | XS2590262296 |
| Equinor ASA | 5.21% | 2028-11-27 | 6.12% | XS0092541969 |
| BNG Bank NV | 5.09% | 2028-12-07 | 5.20% | XS0096806590 |
| Nestle SA | 5.07% | 2029-03-22 | 4.50% | XS2787862346 |
| Procter & Gamble CO | 4.95% | 2029-05-03 | 1.80% | XS1608101652 |
| Northwestern Mutual Life Insurance Company | 5.50% | 2030-10-28 | 4.70% | XS3168797135 |
| Royal Bank of Canada | 5.34% | 2030-11-01 | 4.88% | XS2929921653 |
| Skandinaviska Enskilda Banken AB | 5.41% | 2031-07-15 | 4.75% | XS3229932937 |
| Totalenergies SE | 5.18% | 2031-09-03 | 1.41% | XS2049782639 |
| Nestle SA | 5.36% | 2032-04-04 | 2.50% | XS2464407860 |
| BNP Paribas | 5.88% | 2032-06-13 | 5.75% | FR001400F5X9 |
| Jpmorgan Chase & CO | 4.98% | 2033-04-28 | 1.90% | XS2335966557 |
| Nestle SA | 5.46% | 2033-06-23 | 1.38% | XS2354308194 |
| Walmart INC | 5.56% | 2034-03-27 | 5.62% | XS0419834931 |
| Walmart INC | 5.67% | 2035-09-28 | 5.25% | XS0202077953 |
| Nestle SA | 5.77% | 2036-03-22 | 4.75% | XS2787862429 |
| BNP Paribas | 6.29% | 2036-09-13 | 2.00% | FR0014005E43 |
| Gaci First Investment Company | 6.39% | 2039-06-11 | 5.62% | XS2838995947 |
| Temasek Financial I LTD | 5.87% | 2040-07-26 | 5.12% | XS0528414377 |
| Shell PLC | 6.54% | 2052-09-10 | 1.75% | XS2228387465 |