Westpac Banking Corporation Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-banks-australia-westpac-banking-corporation
Westpac Banking Corporation Bond Yields (USD) as of 2026-07-27: 10Y at 5.32%, fitted curve 1M–15Y (4.30%–5.71%), 22 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.30% | — |
| 3M | 4.33% | 4.34% |
| 6M | 4.36% | 4.40% |
| 12M | 4.43% | 4.50% |
| 18M | 4.50% | 4.64% |
| 2Y | 4.56% | 4.75% |
| 3Y | 4.66% | 4.86% |
| 5Y | 4.83% | 5.09% |
| 7Y | 5.03% | 5.54% |
| 8Y | 5.13% | 5.83% |
| 10Y | 5.32% | 6.07% |
| 15Y | 5.71% | 6.51% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.56% and the 10-year 5.32%, a 10Y−2Y spread of +75 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 ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-23 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.56% | 4.28% | 4.25% | 4.05% | 4.36% | 3.87% | 3.87% |
| 10Y | 5.32% | — | — | — | 5.14% | — | — |
| 10Y − 2Y | +75 bp | — | — | — | +78 bp | — | — |
Yields by rating group
The same curve split by credit quality: 23 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.50%, A+ to BBB- 5.54%.
Bonds in this curve
The 23 bonds behind this curve. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Westpac Banking Corporation | 4.18% | 2026-08-19 | 2.70% | US961214DC40 |
| Westpac Banking Corporation | 3.93% | 2026-09-30 | 1.55% | USQ97417FA49 |
| Westpac Banking Corporation | 3.92% | 2026-09-30 | 1.55% | US961214EZ26 |
| Westpac Banking Corporation | 4.17% | 2027-03-08 | 3.35% | US961214DK65 |
| Westpac Banking Corporation | 4.50% | 2027-08-26 | 4.04% | US961214FC22 |
| Westpac Banking Corporation | 4.51% | 2027-11-18 | 5.46% | US961214FK48 |
| Westpac Banking Corporation | 4.46% | 2028-01-25 | 3.40% | US961214DW04 |
| Westpac Banking Corporation | 4.06% | 2028-05-11 | 4.06% | US9612E1DN25 |
| Westpac Banking Corporation | 4.44% | 2028-05-11 | 4.15% | US9612EVAA71 |
| Westpac Banking Corporation | 4.69% | 2028-11-17 | 5.54% | US961214FN86 |
| Westpac Banking Corporation | 4.61% | 2028-11-20 | 1.95% | US961214EW94 |
| Westpac Banking Corporation | 4.71% | 2029-04-16 | 5.05% | US961214FT56 |
| Westpac Banking Corporation | 4.71% | 2030-01-16 | 2.65% | US961214EL30 |
| Westpac Banking Corporation | 4.81% | 2031-06-03 | 2.15% | US961214ET65 |
| Westpac Banking Corporation | 4.88% | 2031-06-12 | 4.45% | US9612EVAB54 |
| Westpac Banking Corporation | 4.40% | 2031-11-23 | 4.32% | US961214DF70 |
| Westpac Banking Corporation | 5.46% | 2033-08-10 | 5.41% | US961214FG36 |
| Westpac Banking Corporation | 5.62% | 2033-11-17 | 6.82% | US961214FP35 |
| Westpac Banking Corporation | 4.59% | 2034-07-24 | 4.11% | US961214EF61 |
| Westpac Banking Corporation | 4.45% | 2036-11-18 | 3.02% | US961214EX77 |
| Westpac Banking Corporation | 5.77% | 2039-07-24 | 4.42% | US961214EG45 |
| Westpac Banking Corporation | 5.88% | 2040-11-16 | 2.96% | US961214EQ27 |
| Westpac Banking Corporation | 5.95% | 2041-11-18 | 3.13% | US961214EY50 |