BAT Bond Yields (USD)
Fitted spot curve as of 2026-09-25
https://bondscovery.com/yield-curve/usd-corporate-consumer-products-retail-united-kingdom-bat
BAT Bond Yields (USD) as of 2026-09-25: 10Y at 6.18%, fitted curve 6M–30Y (4.84%–6.70%), 29 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.84% | — |
| 12M | 5.01% | 5.26% |
| 18M | 5.17% | 5.57% |
| 2Y | 5.27% | 5.66% |
| 3Y | 5.42% | 5.82% |
| 4Y | 5.55% | 6.09% |
| 5Y | 5.68% | 6.36% |
| 6Y | 5.79% | 6.61% |
| 7Y | 5.90% | 6.83% |
| 9Y | 6.09% | 7.11% |
| 10Y | 6.18% | 7.34% |
| 15Y | 6.46% | 7.58% |
| 20Y | 6.60% | 7.65% |
| 25Y | 6.67% | 7.49% |
| 30Y | 6.70% | 7.31% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.27% and the 10-year 6.18%, a 10Y−2Y spread of +91 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 | 5.27% | 4.68% | — | — | 4.57% | 4.47% | 4.55% |
| 10Y | 6.18% | 5.62% | 5.64% | 5.34% | 5.42% | 5.27% | 5.46% |
| 10Y − 2Y | +91 bp | +94 bp | — | — | +85 bp | +80 bp | +91 bp |
Bonds in this curve
The 29 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| BAT | 4.84% | 2027-04-02 | 4.70% | US05526DBP96 |
| BAT | 4.98% | 2027-08-15 | 3.56% | US05526DBB01 |
| BAT | 5.16% | 2028-03-16 | 4.45% | US05530QAP54 |
| BAT | 5.20% | 2028-03-25 | 2.26% | US05526DBR52 |
| BAT | 5.35% | 2029-02-02 | 5.93% | US05530QAQ38 |
| BAT | 5.47% | 2029-09-06 | 3.46% | US05526DBH70 |
| BAT | 5.55% | 2030-04-02 | 4.91% | US05526DBN49 |
| BAT | 5.61% | 2030-08-02 | 6.34% | US054989AA67 |
| BAT | 5.63% | 2031-02-20 | 5.83% | US05526DBY04 |
| BAT | 5.62% | 2031-03-25 | 2.73% | US05526DBS36 |
| BAT | 5.67% | 2032-03-16 | 4.74% | US05526DBW48 |
| BAT | 5.74% | 2032-08-15 | 5.35% | US05526DCB91 |
| BAT | 5.91% | 2032-10-19 | 7.75% | US05526DBX21 |
| BAT | 5.87% | 2033-03-22 | 4.62% | US054989AF54 |
| BAT | 5.96% | 2033-08-02 | 6.42% | US054989AB41 |
| BAT | 5.86% | 2033-08-05 | 5.30% | US054989AG38 |
| BAT | 5.91% | 2034-02-20 | 6.00% | US05526DBZ78 |
| BAT | 5.96% | 2035-08-15 | 5.62% | US05526DCC74 |
| BAT | 6.13% | 2036-08-05 | 5.55% | US054989AH11 |
| BAT | 6.18% | 2037-08-15 | 4.39% | US05526DBD66 |
| BAT | 6.41% | 2040-09-25 | 3.73% | US05526DBT19 |
| BAT | 6.60% | 2043-08-02 | 7.08% | US054989AC24 |
| BAT | 6.63% | 2047-08-15 | 4.54% | US05526DBF15 |
| BAT | 6.70% | 2049-09-06 | 4.76% | US05526DBK00 |
| BAT | 6.72% | 2050-04-02 | 5.28% | US05526DBQ79 |
| BAT | 6.51% | 2050-09-25 | 3.98% | US05526DBU81 |
| BAT | 6.68% | 2052-03-16 | 5.65% | US05526DBV64 |
| BAT | 6.68% | 2053-08-02 | 7.08% | US054989AD07 |
| BAT | 6.67% | 2055-08-15 | 6.25% | US05526DCD57 |