National Grid Electricity Transmission PLC Bond Yields (GBP)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/gbp-corporate-utilities-power-united-kingdom-national-grid-electricity-transmission-plc
National Grid Electricity Transmission PLC Bond Yields (GBP) as of 2026-09-11: 10Y at 6.45%, fitted curve 9M–15Y (5.33%–6.65%), 7 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 5.33% | — |
| 2Y | 5.54% | 5.74% |
| 4Y | 5.85% | 6.30% |
| 8Y | 6.30% | 7.03% |
| 10Y | 6.45% | 7.41% |
| 15Y | 6.65% | 7.46% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.54% and the 10-year 6.45%, a 10Y−2Y spread of +91 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 ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.54% | 5.17% | 5.15% | 5.08% | 5.37% | 5.12% | 4.40% |
| 10Y | 6.45% | 6.14% | 5.96% | 5.95% | 6.04% | 5.76% | — |
| 10Y − 2Y | +91 bp | +97 bp | +81 bp | +87 bp | +67 bp | +65 bp | — |
Bonds in this curve
The 8 bonds behind this curve. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| National Grid Electricity Transmission PLC | 5.31% | 2027-06-08 | 4.00% | XS0789331948 |
| National Grid Electricity Transmission PLC | 5.42% | 2028-07-07 | 1.12% | XS2200513153 |
| National Grid Electricity Transmission PLC | 5.53% | 2028-07-27 | 6.50% | XS0132735373 |
| National Grid Electricity Transmission PLC | 5.94% | 2031-01-13 | 7.38% | XS0407912053 |
| National Grid Electricity Transmission PLC | 6.10% | 2035-02-06 | 2.75% | XS1884008928 |
| National Grid Electricity Transmission PLC | 6.50% | 2038-09-16 | 2.00% | XS2051734981 |
| National Grid Electricity Transmission PLC | 6.06% | 2040-04-17 | 2.00% | XS2157487237 |
| National Grid Electricity Transmission PLC | 6.71% | 2043-01-18 | 5.27% | XS2577139111 |