Australia A–BBB Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-a-bbb-australia-callable
Australia A–BBB Callable Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.94%, fitted curve 6M–30Y (4.72%–6.32%), 75 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.72% | — |
| 9M | 4.76% | 4.95% |
| 18M | 4.89% | 5.07% |
| 2Y | 4.98% | 5.31% |
| 3Y | 5.14% | 5.57% |
| 4Y | 5.29% | 5.89% |
| 5Y | 5.43% | 6.18% |
| 6Y | 5.56% | 6.43% |
| 7Y | 5.68% | 6.63% |
| 8Y | 5.78% | 6.80% |
| 9Y | 5.86% | 6.92% |
| 10Y | 5.94% | 7.01% |
| 15Y | 6.18% | 7.08% |
| 20Y | 6.27% | 6.95% |
| 25Y | 6.31% | 6.76% |
| 30Y | 6.32% | 6.61% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.98% and the 10-year 5.94%, a 10Y−2Y spread of +97 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 | 4.98% | 4.75% | 4.78% | 4.75% | 4.60% | 4.49% | 4.33% |
| 10Y | 5.94% | 5.80% | 5.61% | 5.54% | 5.44% | 5.37% | 5.31% |
| 10Y − 2Y | +97 bp | +105 bp | +82 bp | +78 bp | +84 bp | +89 bp | +98 bp |
Bonds in this curve
A selection of 30 of the 89 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Transurban Finance Company PTY LTD | 4.87% | 2027-03-22 | 3.38% | USQ9194UAW29 |
| Transurban Finance Company PTY LTD | 4.67% | 2027-03-22 | 3.38% | US89400PAG81 |
| APA Infrastructure LTD | 5.59% | 2027-07-15 | 4.25% | USQ04578AG72 |
| BHP Group Limited | 4.82% | 2028-02-28 | 4.75% | US055451AZ15 |
| Woodside Finance LTD | 5.13% | 2028-03-15 | 3.70% | USQ98229AM12 |
| Macquarie Group LTD | 4.51% | 2028-06-21 | 4.10% | US55608KBC80 |
| Ausgrid Finance PTY LTD | 5.21% | 2028-08-01 | 4.35% | USQ0697CAD58 |
| Macquarie Group LTD | 4.93% | 2029-03-27 | 4.65% | US55608KAN54 |
| Macquarie Group LTD | 5.23% | 2030-01-15 | 5.03% | US55608KAP03 |
| Newcrest Finance PTY Limited | 5.92% | 2030-05-13 | 3.25% | USQ66511AE81 |
| Woodside Finance LTD | 5.37% | 2030-05-19 | 5.40% | US980236AT06 |
| Transurban Finance Company PTY LTD | 5.37% | 2031-03-16 | 2.45% | USQ9194UBC55 |
| Santos Finance LTD | 5.64% | 2031-04-29 | 3.65% | USQ82780AF65 |
| Woodside Finance LTD | 5.59% | 2032-05-19 | 5.70% | US980236AU78 |
| Macquarie Group LTD | 5.25% | 2033-01-14 | 2.87% | US55608KAZ84 |
| Northern Star Resources LTD | 5.99% | 2033-04-11 | 6.12% | USQ6951UAA99 |
| Macquarie Group LTD | 5.52% | 2033-06-21 | 4.44% | US55608KBE47 |
| Cimic Finance (USA) PTY LTD | 6.36% | 2034-03-25 | 7.00% | USQ24249AA42 |
| Macquarie Group LTD | 5.72% | 2034-06-15 | 5.89% | US55608KBN46 |
| APA Infrastructure LTD | 5.79% | 2035-03-23 | 5.00% | USQ04578AE25 |
| Woodside Finance LTD | 5.90% | 2035-05-19 | 6.00% | US980236AV51 |
| Cimic Finance Limited | 6.53% | 2036-04-22 | 6.00% | USQ24246AC68 |
| Goodman Group | 6.13% | 2037-10-15 | 4.50% | USU38266AA75 |
| Newcrest Finance PTY Limited | 6.58% | 2041-11-15 | 5.75% | USQ66511AB43 |
| BHP Group Limited | 5.89% | 2042-02-24 | 4.12% | US055451AR98 |
| APA Infrastructure LTD | 6.22% | 2044-09-16 | 5.75% | USQ0431LAB01 |
| APA Infrastructure LTD | 6.13% | 2044-09-16 | 5.75% | US00188LAB36 |
| Newcrest Finance PTY Limited | 6.53% | 2050-05-13 | 4.20% | USQ66511AF56 |
| BHP Group Limited | 5.97% | 2053-09-08 | 5.50% | US055451BF42 |
| Woodside Finance LTD | 6.42% | 2054-09-12 | 5.70% | US980236AS23 |