Hong Kong Investment Grade Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-hong-kong
Hong Kong Investment Grade Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 5.76%, fitted curve 1M–30Y (5.03%–6.45%), 90 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.03% | — |
| 3M | 5.04% | 5.05% |
| 6M | 5.06% | 5.21% |
| 9M | 5.08% | 5.21% |
| 12M | 5.10% | 5.21% |
| 18M | 5.14% | 5.29% |
| 2Y | 5.18% | 5.38% |
| 3Y | 5.26% | 5.50% |
| 4Y | 5.34% | 5.67% |
| 5Y | 5.41% | 5.84% |
| 6Y | 5.49% | 6.01% |
| 7Y | 5.56% | 6.18% |
| 8Y | 5.63% | 6.34% |
| 9Y | 5.69% | 6.50% |
| 10Y | 5.76% | 6.65% |
| 15Y | 6.03% | 7.05% |
| 20Y | 6.23% | 7.58% |
| 25Y | 6.37% | 7.91% |
| 30Y | 6.45% | 8.08% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.18% and the 10-year 5.76%, a 10Y−2Y spread of +58 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.18% | 5.26% | 4.73% | 4.86% | 4.62% | 4.56% | 4.45% |
| 10Y | 5.76% | 5.81% | 5.42% | 5.25% | 4.99% | 5.04% | 5.28% |
| 10Y − 2Y | +58 bp | +55 bp | +69 bp | +39 bp | +37 bp | +49 bp | +82 bp |
Yields by rating group
The same curve split by credit quality: 112 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.20%, A+ to BBB- 5.38%.
Bonds in this curve
A selection of 30 of the 112 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Icbcil | 5.45% | 2026-11-02 | 2.25% | XS2393958488 |
| JOY Treasure Assets Holdings INC | 5.43% | 2027-02-01 | 5.50% | XS2757520452 |
| Citic LTD | 4.94% | 2027-02-17 | 2.88% | XS2439108205 |
| CK Hutchison | 4.75% | 2027-04-05 | 3.50% | USG2177UAB55 |
| FAR East Horizon | 5.79% | 2027-04-16 | 6.62% | XS2800583606 |
| Bocom Leasing | 4.98% | 2027-06-26 | 5.00% | XS2849237230 |
| Hutchison Whampoa Finance | 4.88% | 2027-08-01 | 7.50% | USG46715AC56 |
| AIA Group | 4.97% | 2027-10-25 | 5.62% | US00131MAN39 |
| CLP Power HK | 4.79% | 2027-10-26 | 3.38% | XS0848445358 |
| FAR East Horizon | 6.35% | 2028-03-05 | 5.88% | XS2886144232 |
| CK Hutchison | 5.03% | 2028-04-21 | 4.75% | USG21819AA80 |
| FAR East Horizon | 6.34% | 2028-10-01 | 6.00% | XS3025777221 |
| FAR East Horizon | 6.59% | 2029-01-13 | 5.25% | XS3249057400 |
| CMB International Leasing Management | 5.28% | 2029-07-03 | 3.62% | XS2019219612 |
| Anhui Transportation Holding Group (H.K.) Limited | 4.79% | 2029-07-22 | 4.35% | XS3435193381 |
| Hongkong Electric Finance Limited | 5.14% | 2030-06-09 | 2.25% | XS2181902789 |
| CLP Power HK | 5.10% | 2030-06-30 | 2.12% | XS2193950354 |
| Xiaomi | 5.61% | 2031-07-14 | 2.88% | USY77108AD33 |
| Icbcil | 5.25% | 2031-08-02 | 2.65% | XS2320543445 |
| The Bank of East Asia Limited | 6.05% | 2032-05-13 | 5.38% | XS3314102842 |
| Lenovo | 5.77% | 2032-07-27 | 6.54% | USY5257YAM94 |
| AIA Group | 5.87% | 2034-04-05 | 5.38% | US00131LAQ86 |
| CK Hutchison | 5.68% | 2034-04-26 | 5.50% | USG2176UAB64 |
| Citic LTD | 5.65% | 2035-04-14 | 4.60% | XS1215258440 |
| Citic LTD | 5.82% | 2036-04-25 | 4.65% | XS1399293650 |
| Citic LTD | 5.90% | 2038-03-13 | 4.85% | XS1772378763 |
| AIA Group | 5.95% | 2044-03-11 | 4.88% | US00131M2B87 |
| AIA Group | 5.95% | 2046-03-16 | 4.50% | US00131LAE56 |
| CK Hutchison | 6.04% | 2049-09-06 | 3.38% | USG2176DAB40 |
| AIA Group | 6.58% | 2054-09-30 | 5.40% | US00131LAS43 |