China Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-china-non-callable
China Non-Callable Corporate Bond Yields (USD) as of 2026-09-10: 9Y at 4.90%, fitted curve 1M–20Y (4.76%–5.41%), 40 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.76% | — |
| 3M | 4.76% | 4.76% |
| 6M | 4.76% | 4.87% |
| 9M | 4.76% | 4.82% |
| 12M | 4.76% | 4.82% |
| 18M | 4.76% | 4.82% |
| 2Y | 4.76% | 4.82% |
| 3Y | 4.76% | 4.82% |
| 4Y | 4.77% | 4.83% |
| 9Y | 4.90% | 5.12% |
| 15Y | 5.37% | 6.56% |
| 20Y | 5.41% | 5.67% |
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 | 4.76% | 4.60% | 4.57% | 4.51% | 4.37% | 4.35% | 4.25% |
| 10Y | — | 4.92% | 4.76% | — | — | — | — |
| 10Y − 2Y | — | +32 bp | +19 bp | — | — | — | — |
Bonds in this curve
A selection of 30 of the 41 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Jinan Lixia Holding Group CO., LTD. | 5.15% | 2026-10-26 | 7.30% | XS2677888989 |
| Chengdu Gaoxin Innovation Investment CO., LTD. | 5.94% | 2026-10-28 | 2.70% | XS2377688093 |
| Industrial and Commercial Bank of China LTD | 4.59% | 2026-10-28 | 1.62% | XS2381043350 |
| Taishan Finance International Business CO., Limited | 6.36% | 2026-11-08 | 6.50% | XS2901798236 |
| China Construction Bank Corporation | 4.49% | 2026-11-30 | 5.00% | XS2723146325 |
| Agricultural Bank of China | 4.62% | 2027-01-18 | 2.00% | XS2425755985 |
| Shaoxing Shangyu State-Owned Capital Investment and Operation CO., LTD | 4.33% | 2027-01-30 | 5.60% | XS2734113991 |
| Ji'an Chengtou Holding Group CO., LTD. | 4.38% | 2027-02-02 | 7.50% | XS2756270208 |
| Bank of China Limited | 4.62% | 2027-02-24 | 2.38% | XS2446844917 |
| Agricultural Bank of China | 4.56% | 2027-03-01 | 2.25% | XS2436799584 |
| State Grid Overseas Investment (BVI) Limited | 4.74% | 2027-05-04 | 3.50% | US857006AG58 |
| Zhejiang Baron (BVI) Company Limited | 4.65% | 2027-07-12 | 6.05% | XS2837710917 |
| Ningbo Yincheng Group CO., LTD. | 5.07% | 2027-07-24 | 5.38% | XS2859244720 |
| Dongxing Voyage Company Limited | 5.35% | 2027-08-01 | 5.30% | XS2853313315 |
| Jinan HI-Tech Holding Group CO., LTD | 4.88% | 2027-10-08 | 5.00% | XS2908570745 |
| Nanjing Yangzi State-Owned Investment Group CO., LTD. | 5.35% | 2027-12-05 | 4.50% | XS1717856261 |
| Bank of China Limited | 4.62% | 2028-03-08 | 4.00% | XS1785829760 |
| State Grid Overseas Investment (BVI) Limited | 4.57% | 2028-05-02 | 4.25% | USG8450LAP97 |
| Industrial and Commercial Bank of China LTD | 4.64% | 2028-05-21 | 4.12% | XS2919678339 |
| Guangxi Communications Investment Group CO., LTD. | 4.92% | 2028-06-05 | 4.70% | XS3074257265 |
| Jinan HI-Tech Holding Group CO., LTD | 5.06% | 2028-07-03 | 4.70% | XS3088612018 |
| Zhangzhou Jiulongjiang Group CO., LTD | 4.84% | 2028-07-09 | 4.55% | XS3104337137 |
| Shaoxing Shangyu State-Owned Capital Investment and Operation CO., LTD | 4.71% | 2028-09-11 | 4.38% | XS3175938482 |
| Bank of China Limited | 4.67% | 2029-04-17 | 3.62% | XS1979516488 |
| Chinalco Capital Holdings Limited | 4.58% | 2029-04-22 | 3.90% | XS3302920163 |
| Greentown China Holdings Limited | 8.26% | 2029-05-19 | 7.00% | XS3374333329 |
| China Huaneng Group (Hong Kong) Treasury Management Holding Limited | 4.80% | 2031-01-20 | 2.70% | XS2247703163 |
| Tencent Holdings LTD | 4.89% | 2035-07-15 | 4.70% | XS1260534281 |
| State Grid Overseas Investment (BVI) Limited | 5.40% | 2043-05-22 | 4.38% | USG8449VAC03 |
| State Grid Overseas Investment (BVI) Limited | 5.41% | 2047-05-04 | 4.00% | USG8450LAM66 |