Australia AAA–AA Banks Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-banks-australia
Australia AAA–AA Banks Corporate Bond Yields (USD) as of 2026-09-10: 7Y at 5.16%, fitted curve 1M–20Y (4.42%–5.71%), 66 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.42% | — |
| 3M | 4.44% | 4.45% |
| 6M | 4.47% | 4.60% |
| 9M | 4.50% | 4.64% |
| 12M | 4.53% | 4.64% |
| 18M | 4.59% | 4.77% |
| 2Y | 4.65% | 4.89% |
| 3Y | 4.76% | 5.07% |
| 4Y | 4.87% | 5.31% |
| 5Y | 4.98% | 5.52% |
| 7Y | 5.16% | 5.81% |
| 20Y | 5.71% | 6.34% |
2Y, 10Y and the 10Y−2Y spread over time
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 | 4.65% | 4.46% | 4.44% | 4.35% | 4.19% | 4.14% | 3.92% |
| 10Y | — | — | 5.24% | — | 5.27% | 5.56% | — |
| 10Y − 2Y | — | — | +79 bp | — | +108 bp | +142 bp | — |
Bonds in this curve
A selection of 30 of the 77 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Westpac Banking Corporation | 4.14% | 2026-09-30 | 1.55% | USQ97417FA49 |
| Westpac Banking Corporation | 5.23% | 2026-10-20 | 4.60% | US961214FV03 |
| Macquarie Bank LTD | 4.17% | 2026-12-07 | 5.39% | US55608PBQ63 |
| Macquarie Bank LTD | 4.43% | 2026-12-07 | 5.39% | US55608RBQ20 |
| National Australia Bank Limited | 4.53% | 2027-01-10 | 3.50% | US6325C1CL16 |
| Westpac Banking Corporation | 4.57% | 2027-03-08 | 3.35% | US961214DK65 |
| Commonwealth Bank of Australia | 4.94% | 2027-03-14 | 2.55% | US2027A1KK25 |
| Commonwealth Bank of Australia | 4.20% | 2027-03-14 | 2.55% | US2027A0KK42 |
| National Australia Bank Limited | 4.95% | 2027-06-09 | 3.90% | US63254ABE73 |
| Macquarie Bank LTD | 4.69% | 2027-07-02 | 5.27% | US55608RBT68 |
| Australia & NEW Zealand Banking Group LD | 4.95% | 2027-07-16 | 4.90% | US05253JB348 |
| Westpac Banking Corporation | 4.56% | 2027-08-26 | 4.04% | US961214FC22 |
| Commonwealth Bank of Australia | 4.72% | 2027-09-19 | 3.15% | US2027A1JT52 |
| Westpac Banking Corporation | 4.69% | 2027-11-18 | 5.46% | US961214FK48 |
| Westpac Banking Corporation | 4.62% | 2028-01-25 | 3.40% | US961214DW04 |
| Commonwealth Bank of Australia | 4.58% | 2028-03-14 | 4.42% | US20271RAV24 |
| Commonwealth Bank of Australia | 4.79% | 2028-03-16 | 3.90% | US2027A1JZ13 |
| Commonwealth Bank of Australia | 4.83% | 2028-09-14 | 5.07% | US20271BAL99 |
| Westpac Banking Corporation | 4.81% | 2028-11-17 | 5.54% | US961214FN86 |
| Westpac Banking Corporation | 4.82% | 2028-11-20 | 1.95% | US961214EW94 |
| Westpac Banking Corporation | 4.90% | 2029-04-16 | 5.05% | US961214FT56 |
| National Australia Bank Limited | 4.97% | 2030-01-14 | 4.90% | US63253QAL86 |
| National Australia Bank Limited | 4.81% | 2030-06-13 | 4.53% | US632525CK59 |
| Westpac Banking Corporation | 5.02% | 2030-07-01 | 4.35% | US961214GC13 |
| Westpac Banking Corporation | 5.03% | 2031-06-03 | 2.15% | US961214ET65 |
| Westpac Banking Corporation | 5.10% | 2031-06-12 | 4.45% | US9612EVAB54 |
| National Australia Bank Limited | 5.29% | 2034-01-10 | 4.95% | USQ6535DBR46 |
| National Australia Bank Limited | 5.16% | 2034-01-10 | 4.95% | US632525BN08 |
| Commonwealth Bank of Australia | 5.95% | 2047-07-12 | 3.90% | US2027A1JN82 |
| Commonwealth Bank of Australia | 5.72% | 2047-07-12 | 3.90% | US2027A0JN00 |