France Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-france
France Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.96%, fitted curve 1M–40Y (4.59%–6.51%), 214 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.59% | — |
| 3M | 4.63% | 4.64% |
| 6M | 4.68% | 4.83% |
| 9M | 4.73% | 4.94% |
| 12M | 4.78% | 4.94% |
| 18M | 4.88% | 5.16% |
| 2Y | 4.98% | 5.38% |
| 3Y | 5.19% | 5.72% |
| 4Y | 5.38% | 6.11% |
| 5Y | 5.54% | 6.36% |
| 6Y | 5.65% | 6.43% |
| 7Y | 5.73% | 6.38% |
| 8Y | 5.79% | 6.43% |
| 9Y | 5.86% | 6.80% |
| 10Y | 5.96% | 7.36% |
| 15Y | 6.31% | 7.58% |
| 20Y | 6.43% | 7.33% |
| 25Y | 6.48% | 7.11% |
| 30Y | 6.50% | 6.92% |
| 40Y | 6.51% | 6.75% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.98% and the 10-year 5.96%, a 10Y−2Y spread of +98 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.98% | 4.76% | 4.71% | 4.60% | 4.55% | 4.43% | 4.32% |
| 10Y | 5.96% | 5.74% | 5.61% | 5.60% | 5.47% | 5.45% | 5.23% |
| 10Y − 2Y | +98 bp | +98 bp | +91 bp | +100 bp | +92 bp | +102 bp | +91 bp |
Yields by rating group
The same curve split by credit quality: 271 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.39%, A+ to BBB- 5.47%, Speculative 6.82%.
Bonds in this curve
A selection of 30 of the 272 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Danone | 4.31% | 2026-11-02 | 2.95% | US23636TAE01 |
| Danone | 4.99% | 2026-11-02 | 2.95% | USF12033TP59 |
| Credit Agricole | 4.91% | 2027-01-10 | 4.12% | US22536PAB76 |
| Societe Generale | 4.56% | 2027-01-12 | 4.00% | US83368TAG31 |
| Credit Agricole | 4.33% | 2027-03-11 | 5.13% | US22534PAH64 |
| Credit Agricole | 4.61% | 2027-03-11 | 5.13% | US22535EAH09 |
| Societe Generale | 4.49% | 2027-06-15 | 4.68% | US83368RBM34 |
| Societe Generale | 5.03% | 2027-06-15 | 4.68% | US83368TBM99 |
| Bpce SA | 4.74% | 2027-10-23 | 3.50% | US05583JAC62 |
| Sanofi SA | 4.31% | 2027-11-03 | 3.75% | US801060AE44 |
| Bpce SA | 5.08% | 2028-01-11 | 3.25% | US05578BAJ52 |
| Electricite de France SA | 4.97% | 2028-05-22 | 5.70% | USF29416AB40 |
| Sanofi SA | 4.67% | 2028-06-19 | 3.62% | US801060AD60 |
| Banque Federative du Credit Mutuel | 5.17% | 2028-07-13 | 5.79% | US06675GBB05 |
| Engie SA | 5.18% | 2029-04-10 | 5.25% | USF7629AJB47 |
| Constellium SE | 5.64% | 2029-04-15 | 3.75% | US21039CAB00 |
| Forvia SE | 6.73% | 2030-06-15 | 8.00% | US31209DAA37 |
| BNP Paribas | 5.32% | 2030-06-30 | 4.89% | US09659W3G73 |
| SNF Group Saca | 5.76% | 2031-03-31 | 5.63% | US784944AA89 |
| SNF Group Saca | 5.73% | 2031-03-31 | 5.63% | USF8449EAA31 |
| Iliad Holding SAS | 6.92% | 2032-04-15 | 7.00% | US449691AG96 |
| Forvia SE | 6.98% | 2033-09-15 | 6.75% | US31209DAC92 |
| Totalenergies SE | 5.43% | 2034-04-05 | 5.15% | US89157XAA90 |
| L'Oreal S.A. | 5.36% | 2035-05-20 | 5.00% | USF6100PCP74 |
| Electricite de France SA | 5.98% | 2036-04-22 | 5.25% | USF2940EAC69 |
| Electricite de France SA | 6.17% | 2040-01-27 | 5.60% | USF2893TAE67 |
| Electricite de France SA | 6.41% | 2045-10-13 | 4.95% | USF2893TAQ97 |
| Totalenergies SE | 6.12% | 2049-07-12 | 3.46% | US89153VAU35 |
| Totalenergies SE | 6.10% | 2054-04-05 | 5.49% | US89157XAB73 |
| Totalenergies SE | 6.21% | 2064-04-05 | 5.64% | US89157XAC56 |