UK Senior Unsecured Banks Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/gbp-corporate-senior-unsecured-banks
UK Senior Unsecured Banks Corporate Bond Yields (GBP) as of 2026-07-27: 10Y at 5.94%, fitted curve 1M–30Y (4.82%–6.13%), 107 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.82% | — |
| 3M | 4.84% | 4.85% |
| 6M | 4.86% | 4.88% |
| 9M | 4.88% | 4.93% |
| 12M | 4.91% | 4.98% |
| 18M | 4.96% | 5.06% |
| 2Y | 5.01% | 5.17% |
| 3Y | 5.13% | 5.36% |
| 4Y | 5.26% | 5.64% |
| 5Y | 5.39% | 5.92% |
| 6Y | 5.52% | 6.19% |
| 7Y | 5.65% | 6.41% |
| 8Y | 5.76% | 6.56% |
| 9Y | 5.86% | 6.66% |
| 10Y | 5.94% | 6.69% |
| 15Y | 6.08% | 6.36% |
| 30Y | 6.13% | 6.19% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.01% and the 10-year 5.94%, a 10Y−2Y spread of +93 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 | 5.01% | 4.80% | 4.98% | 5.10% | 5.21% | 4.16% | 4.34% |
| 10Y | 5.94% | 5.70% | 5.79% | 5.90% | 5.87% | 5.29% | 5.63% |
| 10Y − 2Y | +93 bp | +90 bp | +81 bp | +80 bp | +66 bp | +113 bp | +130 bp |
Yields by rating group
The same curve split by credit quality: 126 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.99%, A+ to BBB- 5.28%.
Bonds in this curve
A selection of 30 of the 128 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| OP Corporate Bank PLC | 3.87% | 2026-09-04 | 1.38% | XS2393539080 |
| Bank of America Corporation | 5.05% | 2026-12-10 | 4.25% | XS1002979141 |
| Jpmorgan Chase & CO | 4.99% | 2026-12-18 | 3.50% | XS0866897829 |
| BNG Bank NV | 4.86% | 2026-12-21 | 0.50% | XS2307879721 |
| Bpce SA | 5.01% | 2026-12-23 | 1.38% | FR0013487543 |
| Toronto-Dominion Bank | 4.49% | 2027-04-05 | 2.88% | XS2464724165 |
| Royal Bank of Canada | 4.89% | 2027-06-14 | 3.62% | XS2490729154 |
| DNB Bank ASA | 4.32% | 2027-08-17 | 4.00% | XS2521025408 |
| 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 |
| BNG Bank NV | 4.73% | 2029-02-15 | 4.25% | XS2767246148 |
| 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 |
| Barclays Bank PLC | 5.95% | 2035-03-21 | 5.85% | XS2790094523 |
| Morgan Stanley | 5.75% | 2035-10-24 | 5.21% | XS2927570858 |
| BNP Paribas | 5.92% | 2036-09-13 | 2.00% | FR0014005E43 |
| Goldman Sachs Group INC | 6.37% | 2038-01-18 | 6.88% | XS0340470490 |
| Citigroup INC | 6.14% | 2039-09-01 | 7.38% | XS0449155455 |
| Cooperatieve Rabobank UA | 5.91% | 2041-05-23 | 5.25% | XS0629875708 |
| Cooperatieve Rabobank UA | 6.25% | 2060-08-03 | 5.38% | XS0530302628 |