France Senior Unsecured Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/gbp-corporate-senior-unsecured-france
France Senior Unsecured Corporate Bond Yields (GBP) as of 2026-09-11: 10Y at 6.48%, fitted curve 1M–40Y (5.41%–7.22%), 39 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.41% | — |
| 3M | 5.41% | 5.42% |
| 6M | 5.42% | 5.58% |
| 12M | 5.44% | 5.53% |
| 18M | 5.46% | 5.57% |
| 2Y | 5.48% | 5.63% |
| 3Y | 5.53% | 5.74% |
| 4Y | 5.61% | 5.95% |
| 5Y | 5.71% | 6.26% |
| 6Y | 5.83% | 6.67% |
| 7Y | 5.97% | 7.19% |
| 8Y | 6.14% | 7.78% |
| 10Y | 6.48% | 8.63% |
| 15Y | 7.04% | 9.28% |
| 25Y | 7.21% | 7.99% |
| 40Y | 7.22% | 7.38% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.48% and the 10-year 6.48%, a 10Y−2Y spread of +100 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.48% | 5.13% | 5.06% | 5.05% | 5.30% | 5.15% | 4.67% |
| 10Y | 6.48% | 6.06% | 5.98% | 5.90% | 6.15% | 6.06% | 5.86% |
| 10Y − 2Y | +100 bp | +92 bp | +92 bp | +85 bp | +85 bp | +91 bp | +119 bp |
Yields by rating group
The same curve split by credit quality: 40 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.49%, A+ to BBB- 5.78%.
Bonds in this curve
A selection of 30 of the 40 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bouygues SA | 6.29% | 2026-10-06 | 5.50% | FR0010379255 |
| Kering SA | 6.24% | 2026-11-23 | 5.12% | FR001400M6M1 |
| Bpce SA | 5.41% | 2026-12-23 | 1.38% | FR0013487543 |
| Lvmh Moet Hennessy Louis Vuitton SE | 5.13% | 2027-02-11 | 1.12% | FR0013482866 |
| Vinci SA | 5.07% | 2027-03-15 | 2.25% | FR0013409166 |
| Banque Federative du Credit Mutuel | 5.28% | 2027-12-07 | 0.88% | FR0014001MX9 |
| Banque Federative du Credit Mutuel | 5.34% | 2028-05-25 | 5.38% | FR001400I293 |
| Electricite de France SA | 5.54% | 2028-05-30 | 6.25% | XS0367001061 |
| Sodexo SA | 5.57% | 2028-06-26 | 1.75% | XS2017471983 |
| Banque Federative du Credit Mutuel | 5.40% | 2028-10-26 | 1.88% | FR0014007UQ3 |
| Engie SA | 5.30% | 2028-10-30 | 7.00% | FR0010680041 |
| BNP Paribas | 5.47% | 2029-08-18 | 6.00% | FR001400I7U8 |
| Compagnie de Saint-Gobain SA | 5.48% | 2029-10-09 | 4.62% | XS0837769354 |
| Credit Agricole | 5.49% | 2029-10-23 | 4.88% | FR001400FAR2 |
| Banque Federative du Credit Mutuel | 5.65% | 2030-10-22 | 4.50% | FR0014015NK4 |
| Electricite de France SA | 5.86% | 2031-07-18 | 5.88% | XS0132424614 |
| Totalenergies SE | 5.18% | 2031-09-03 | 1.41% | XS2049782639 |
| Orange SA | 5.78% | 2032-01-15 | 3.25% | FR0013396538 |
| BNP Paribas | 5.88% | 2032-06-13 | 5.75% | FR001400F5X9 |
| Danone | 5.66% | 2032-10-01 | 5.33% | FR0014017HM8 |
| Orange SA | 5.94% | 2034-01-23 | 5.62% | FR0010039008 |
| Electricite de France SA | 6.27% | 2034-06-02 | 6.12% | FR0010763177 |
| Vinci SA | 5.60% | 2034-09-15 | 2.75% | FR0013409174 |
| BNP Paribas | 6.29% | 2036-09-13 | 2.00% | FR0014005E43 |
| Electricite de France SA | 6.72% | 2037-03-27 | 5.50% | FR0011225150 |
| Electricite de France SA | 7.01% | 2041-10-17 | 5.50% | FR0011132356 |
| Suez S.A. | 7.05% | 2043-10-05 | 6.62% | FR001400L461 |
| Electricite de France SA | 7.38% | 2050-09-22 | 5.12% | FR0010945436 |
| Engie SA | 7.05% | 2050-10-28 | 5.75% | FR001400TMR8 |
| Electricite de France SA | 7.46% | 2064-11-08 | 6.50% | FR001400TU80 |