Nomura Bond Yields (USD, Callable)
Fitted spot curve as of 2026-09-25
https://bondscovery.com/yield-curve/usd-corporate-banks-japan-callable-nomura
Nomura Bond Yields (USD, Callable) as of 2026-09-25: 10Y at 6.27%, fitted curve 9M–10Y (5.09%–6.27%), 10 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 5.09% | — |
| 2Y | 5.38% | 5.63% |
| 3Y | 5.59% | 6.15% |
| 4Y | 5.77% | 6.48% |
| 5Y | 5.92% | 6.71% |
| 8Y | 6.19% | 6.89% |
| 9Y | 6.24% | 6.88% |
| 10Y | 6.27% | 6.84% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.38% and the 10-year 6.27%, a 10Y−2Y spread of +89 bp — positively sloped — as of 2026-09-25. 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 | Latest2026-09-25 | 1m ago2026-08-26 | 2m ago2026-07-27 | 3m ago2026-06-26 | 4m ago2026-05-28 | 5m ago2026-04-28 | 6m ago2026-03-30 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.38% | 5.02% | 5.13% | 4.92% | 4.98% | 4.57% | 4.64% |
| 10Y | 6.27% | 5.70% | 5.65% | 5.41% | — | — | — |
| 10Y − 2Y | +89 bp | +68 bp | +52 bp | +49 bp | — | — | — |
Bonds in this curve
The 10 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Nomura | 5.02% | 2027-07-02 | 5.59% | US65535HBR93 |
| Nomura | 5.36% | 2028-07-14 | 2.17% | US65535HAY53 |
| Nomura | 5.57% | 2029-06-29 | 5.00% | US65535HCK32 |
| Nomura | 5.80% | 2030-07-01 | 4.90% | US65535HBZ10 |
| Nomura | 5.81% | 2030-07-16 | 2.68% | US65535HAS85 |
| Nomura | 5.92% | 2031-07-14 | 2.61% | US65535HAX70 |
| Nomura | 5.84% | 2031-07-14 | 5.17% | US65535HCL15 |
| Nomura | 6.03% | 2034-07-03 | 5.78% | US65535HBV06 |
| Nomura | 6.03% | 2035-06-29 | 5.49% | US65535HCB33 |
| Nomura | 6.35% | 2036-07-14 | 5.54% | US65535HCM97 |