Bermuda Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-bermuda
Bermuda Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 6.25%, fitted curve 6M–30Y (4.43%–6.26%), 75 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.43% | — |
| 9M | 4.49% | 4.61% |
| 12M | 4.56% | 4.78% |
| 18M | 4.75% | 5.12% |
| 2Y | 4.98% | 5.67% |
| 3Y | 5.49% | 6.52% |
| 4Y | 5.89% | 7.10% |
| 5Y | 6.10% | 6.97% |
| 6Y | 6.20% | 6.67% |
| 7Y | 6.23% | 6.45% |
| 8Y | 6.25% | 6.34% |
| 9Y | 6.25% | 6.29% |
| 10Y | 6.25% | 6.27% |
| 15Y | 6.26% | 6.26% |
| 20Y | 6.26% | 6.26% |
| 25Y | 6.26% | 6.26% |
| 30Y | 6.26% | 6.26% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.98% and the 10-year 6.25%, a 10Y−2Y spread of +128 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 ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.98% | 5.17% | 4.89% | 4.95% | 4.95% | 4.22% | 4.43% |
| 10Y | 6.25% | 6.01% | 5.90% | 5.98% | 6.18% | 5.24% | 5.64% |
| 10Y − 2Y | +128 bp | +84 bp | +101 bp | +103 bp | +123 bp | +102 bp | +121 bp |
Yields by rating group
The same curve split by credit quality: 103 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.62%, Speculative 7.09%.
Bonds in this curve
A selection of 30 of the 106 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Arch Capital Group LTD | 4.41% | 2026-12-15 | 4.01% | US03939CAA18 |
| Aegon LTD | 4.79% | 2027-04-16 | 5.50% | US00775VAA26 |
| Aegon LTD | 4.93% | 2027-04-16 | 5.50% | USU0158VAA62 |
| Renaissancere Holdings LTD | 4.59% | 2027-07-01 | 3.45% | US75973QAA58 |
| NCL Finance LTD | 5.83% | 2028-03-15 | 6.12% | US62888HAA77 |
| Marvell Technology INC | 4.76% | 2028-04-15 | 2.45% | US573874AF10 |
| Sagicor Financial CO LTD | 5.66% | 2028-05-13 | 5.30% | USG7777BAA29 |
| Bacardi LTD | 5.02% | 2028-05-15 | 4.70% | US067316AF68 |
| Siriuspoint LTD | 5.52% | 2029-04-05 | 7.00% | US82969BAA08 |
| Essent Group LTD | 5.49% | 2029-07-01 | 6.25% | US29669JAA79 |
| Bacardi LTD | 5.44% | 2030-02-01 | 5.55% | USN08063AA29 |
| Nabors Industries LTD | 7.64% | 2030-01-31 | 9.12% | USU6295YAN32 |
| Axalta Coating Systems | 6.41% | 2031-02-15 | 7.25% | USN4776JAC10 |
| Nabors Industries LTD | 8.30% | 2031-08-15 | 8.88% | USU6295YAP89 |
| NCL Corporation LTD | 7.11% | 2032-02-01 | 6.75% | US62886HBR12 |
| Triton International Limited | 5.49% | 2032-03-15 | 3.25% | US89681LAA08 |
| Renaissancere Holdings LTD | 5.68% | 2033-06-05 | 5.75% | US75968NAE13 |
| NCL Corporation LTD | 7.15% | 2033-09-15 | 6.25% | USG6436QAW62 |
| Sompo Intl Hlds LTD | 5.94% | 2034-07-15 | 7.00% | US29267HAA77 |
| Seadrill Finance LTD | 7.17% | 2034-07-15 | 6.75% | US81172QAC87 |
| Bacardi LTD | 5.92% | 2035-02-01 | 6.00% | USN08063AB02 |
| Renaissancere Holdings LTD | 5.79% | 2035-04-01 | 5.80% | US75968NAG60 |
| Marvell Technology INC | 5.74% | 2036-04-15 | 5.30% | US573874AT14 |
| Arch Capital Group LTD | 5.31% | 2036-06-15 | 5.25% | US03939AAB35 |
| Bacardi LTD | 6.37% | 2043-06-15 | 5.90% | US05635JAC45 |
| XL Group LTD | 5.91% | 2043-12-15 | 5.25% | US98420EAB11 |
| XL Group LTD | 6.31% | 2045-03-31 | 5.50% | US98420EAD76 |
| Bacardi LTD | 6.40% | 2048-05-15 | 5.30% | USG06905AG15 |
| Arch Capital Group LTD | 5.99% | 2050-06-30 | 3.63% | US03939AAA51 |
| Arch Capital Group LTD | 6.16% | 2056-06-15 | 5.95% | US03939AAC18 |