United Arab Emirates AAA–AA Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-united-arab-emirates
United Arab Emirates AAA–AA Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.54%, fitted curve 12M–30Y (5.16%–6.20%), 33 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 5.16% | — |
| 18M | 5.18% | 5.21% |
| 2Y | 5.19% | 5.24% |
| 3Y | 5.23% | 5.29% |
| 4Y | 5.26% | 5.37% |
| 5Y | 5.30% | 5.46% |
| 7Y | 5.39% | 5.61% |
| 8Y | 5.44% | 5.77% |
| 9Y | 5.49% | 5.89% |
| 10Y | 5.54% | 6.00% |
| 15Y | 5.79% | 6.30% |
| 25Y | 6.13% | 6.63% |
| 30Y | 6.20% | 6.56% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.19% and the 10-year 5.54%, a 10Y−2Y spread of +35 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 ago2026-06-16 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-04-03 | 5m ago2026-03-05 |
|---|---|---|---|---|---|---|
| 2Y | 5.19% | 5.01% | 5.04% | 4.82% | 4.94% | 4.14% |
| 10Y | 5.54% | 5.39% | 5.50% | 5.28% | 5.52% | 4.88% |
| 10Y − 2Y | +35 bp | +38 bp | +47 bp | +46 bp | +58 bp | +75 bp |
Bonds in this curve
A selection of 30 of the 49 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| First ABU Dhabi Bank Pjsc | 4.70% | 2027-10-13 | 5.12% | XS2539374673 |
| First ABU Dhabi Bank Pjsc | 5.28% | 2028-04-24 | 4.38% | XS2580013386 |
| First ABU Dhabi Bank Pjsc | 5.26% | 2028-06-06 | 4.77% | XS2615919284 |
| Emirates NBD Bank Pjsc | 5.16% | 2028-10-11 | 5.88% | XS2625209270 |
| Mdgh Gmtn (RSC) LTD | 5.18% | 2028-11-07 | 4.50% | XS1904648570 |
| ABU Dhabi National Energy Company Pjsc | 5.12% | 2029-01-24 | 4.38% | XS2600246552 |
| Mdgh Gmtn (RSC) LTD | 5.32% | 2029-04-19 | 3.75% | XS1598828298 |
| Adnoc Murban RSC LTD | 5.29% | 2029-09-11 | 4.25% | XS2898198358 |
| ABU Dhabi Crude OIL Pipeline LLC | 5.25% | 2029-11-02 | 3.65% | XS1709529520 |
| ABU Dhabi National Energy Company Pjsc | 4.98% | 2030-04-23 | 4.88% | XS1808738212 |
| ABU Dhabi Developmental Holding Company Pjsc | 5.25% | 2030-05-06 | 4.50% | XS3061310101 |
| First ABU Dhabi Bank Pjsc | 5.26% | 2030-09-10 | 4.38% | XS3096211076 |
| ABU Dhabi Ports Company Pjsc | 5.39% | 2031-05-06 | 2.50% | XS2338173680 |
| ABU Dhabi Developmental Holding Company Pjsc | 5.37% | 2031-10-02 | 4.38% | XS2907161363 |
| ABU Dhabi National Energy Company Pjsc | 5.29% | 2031-10-09 | 4.38% | XS2911044019 |
| ABU Dhabi National Energy Company Pjsc | 5.24% | 2033-04-24 | 4.70% | XS2600248335 |
| ABU Dhabi National Energy Company Pjsc | 5.04% | 2033-04-24 | 4.70% | US00388WAM38 |
| Mdgh Gmtn (RSC) LTD | 5.30% | 2033-11-22 | 4.38% | US55285GAD60 |
| ABU Dhabi Developmental Holding Company Pjsc | 5.59% | 2034-05-08 | 5.50% | XS2816006725 |
| Adnoc Murban RSC LTD | 5.42% | 2034-09-11 | 4.50% | XS2898198432 |
| ABU Dhabi Developmental Holding Company Pjsc | 5.58% | 2035-05-06 | 5.00% | XS3061312909 |
| ABU Dhabi National Energy Company Pjsc | 5.52% | 2036-10-27 | 6.50% | XS0272949016 |
| ABU Dhabi National Energy Company Pjsc | 5.36% | 2036-10-27 | 6.50% | US00386SAB88 |
| ABU Dhabi National Energy Company Pjsc | 5.65% | 2037-03-09 | 4.75% | XS2911046147 |
| Mdgh Gmtn (RSC) LTD | 5.87% | 2041-11-01 | 6.88% | XS0701227075 |
| ABU Dhabi National Energy Company Pjsc | 6.06% | 2049-10-03 | 4.00% | XS2060897506 |
| Mdgh Gmtn (RSC) LTD | 6.30% | 2049-11-07 | 3.70% | XS2075924048 |
| ABU Dhabi National Energy Company Pjsc | 6.12% | 2051-04-29 | 3.40% | XS2333388937 |
| Adnoc Murban RSC LTD | 6.24% | 2054-09-11 | 5.12% | XS2898198515 |
| ABU Dhabi Developmental Holding Company Pjsc | 6.25% | 2054-10-02 | 5.25% | XS2907245208 |