Australia Callable Banks Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-banks-australia-callable
Australia Callable Banks Corporate Bond Yields (USD) as of 2026-09-10: 8Y at 5.47%, fitted curve 1M–8Y (4.53%–5.47%), 37 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.53% | — |
| 6M | 4.57% | 4.64% |
| 12M | 4.62% | 4.72% |
| 18M | 4.67% | 4.83% |
| 2Y | 4.73% | 4.96% |
| 3Y | 4.85% | 5.18% |
| 4Y | 4.98% | 5.49% |
| 5Y | 5.11% | 5.81% |
| 6Y | 5.24% | 6.11% |
| 7Y | 5.37% | 6.36% |
| 8Y | 5.47% | 6.54% |
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 | 4.73% | 4.49% | 4.45% | 4.43% | 4.27% | 4.23% | 3.95% |
| 10Y | — | — | 5.57% | 5.54% | 5.44% | 5.40% | 5.30% |
| 10Y − 2Y | — | — | +112 bp | +111 bp | +117 bp | +117 bp | +135 bp |
Yields by rating group
The same curve split by credit quality: 42 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.82%, A+ to BBB- 5.24%.
Bonds in this curve
A selection of 30 of the 42 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 |
| Westpac Banking Corporation | 4.57% | 2027-03-08 | 3.35% | US961214DK65 |
| Westpac Banking Corporation | 4.69% | 2027-11-18 | 5.46% | US961214FK48 |
| Westpac Banking Corporation | 4.62% | 2028-01-25 | 3.40% | US961214DW04 |
| Westpac Banking Corporation | 4.56% | 2028-05-11 | 4.15% | US9612EVAA71 |
| Macquarie Group LTD | 4.51% | 2028-06-21 | 4.10% | US55608KBC80 |
| Westpac Banking Corporation | 4.81% | 2028-11-17 | 5.54% | US961214FN86 |
| Westpac Banking Corporation | 4.82% | 2028-11-20 | 1.95% | US961214EW94 |
| Macquarie Group LTD | 4.54% | 2028-11-28 | 3.76% | US55608KAK16 |
| National Australia Bank Limited | 4.82% | 2028-11-28 | 5.13% | USQ6535DBP89 |
| Macquarie Group LTD | 4.93% | 2029-03-27 | 4.65% | US55608KAN54 |
| Westpac Banking Corporation | 4.90% | 2029-04-16 | 5.05% | US961214FT56 |
| National Australia Bank Limited | 4.97% | 2030-01-14 | 4.90% | US63253QAL86 |
| Macquarie Group LTD | 5.23% | 2030-01-15 | 5.03% | US55608KAP03 |
| Westpac Banking Corporation | 5.00% | 2030-01-16 | 2.65% | US961214EL30 |
| 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 |
| Macquarie Group LTD | 5.25% | 2033-01-14 | 2.87% | US55608KAZ84 |
| Macquarie Group LTD | 5.07% | 2033-01-14 | 2.87% | US55608JAZ12 |
| Macquarie Group LTD | 5.52% | 2033-06-21 | 4.44% | US55608KBE47 |
| Macquarie Group LTD | 5.69% | 2033-11-09 | 5.49% | US55608KBG94 |
| Macquarie Group LTD | 5.38% | 2033-11-09 | 5.49% | US55608JBG22 |
| National Australia Bank Limited | 5.29% | 2034-01-10 | 4.95% | USQ6535DBR46 |
| National Australia Bank Limited | 5.16% | 2034-01-10 | 4.95% | US632525BN08 |
| Macquarie Group LTD | 5.72% | 2034-06-15 | 5.89% | US55608KBN46 |
| Macquarie Group LTD | 5.46% | 2034-06-15 | 5.89% | US55608JBN72 |
| Macquarie Group LTD | 5.78% | 2034-12-07 | 6.25% | US55608KBQ76 |