Italy Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-italy
Italy Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.94%, fitted curve 3M–30Y (4.65%–6.37%), 83 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.65% | — |
| 6M | 4.68% | 4.70% |
| 9M | 4.70% | 4.74% |
| 12M | 4.72% | 4.79% |
| 18M | 4.77% | 4.88% |
| 2Y | 4.83% | 5.00% |
| 3Y | 4.95% | 5.20% |
| 4Y | 5.09% | 5.51% |
| 5Y | 5.24% | 5.85% |
| 6Y | 5.40% | 6.18% |
| 7Y | 5.55% | 6.47% |
| 8Y | 5.70% | 6.71% |
| 9Y | 5.83% | 6.87% |
| 10Y | 5.94% | 6.96% |
| 15Y | 6.26% | 6.89% |
| 20Y | 6.34% | 6.60% |
| 25Y | 6.36% | 6.44% |
| 30Y | 6.37% | 6.39% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.83% and the 10-year 5.94%, a 10Y−2Y spread of +111 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 | 4.83% | 4.69% | 4.63% | 4.39% | 4.60% | 4.07% | 4.22% |
| 10Y | 5.94% | 5.60% | 5.66% | 5.46% | 5.84% | 5.43% | 5.30% |
| 10Y − 2Y | +111 bp | +91 bp | +103 bp | +107 bp | +124 bp | +135 bp | +108 bp |
Yields by rating group
The same curve split by credit quality: 108 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.34%, Speculative 6.59%.
Bonds in this curve
A selection of 30 of the 108 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Enel | 5.50% | 2026-10-25 | 4.00% | US29274FAF18 |
| Intesa Sanpaolo | 4.47% | 2027-02-21 | 2.80% | XS2444704758 |
| Mediobanca - Banca di Credito Finanziario SPA | 4.91% | 2027-04-29 | 3.00% | IT0005490955 |
| Enel | 4.41% | 2027-05-25 | 3.62% | USN30707AC23 |
| Enel | 5.12% | 2027-06-15 | 4.62% | USN30707AP36 |
| Intesa Sanpaolo | 4.78% | 2027-07-14 | 3.88% | US46115HBB24 |
| Mediobanca - Banca di Credito Finanziario SPA | 5.22% | 2028-02-21 | 4.60% | XS2749779810 |
| Enel | 4.79% | 2028-04-06 | 3.50% | USN30707AG37 |
| Enel | 4.67% | 2028-07-12 | 1.88% | USN30706VD93 |
| Intesa Sanpaolo | 5.01% | 2028-11-18 | 2.30% | XS2407748016 |
| Intesa Sanpaolo | 5.76% | 2029-02-08 | 1.90% | XS2294835017 |
| Enel | 4.90% | 2029-06-14 | 4.88% | USN30707AL22 |
| Enel | 5.04% | 2030-09-30 | 4.38% | USN3070QAB25 |
| Intesa Sanpaolo | 5.47% | 2030-11-13 | 2.10% | XS2241390983 |
| Enel | 5.22% | 2031-07-12 | 2.50% | USN30706VE76 |
| Enel | 4.93% | 2031-07-12 | 2.50% | US29278GAP37 |
| Enel | 5.27% | 2032-06-15 | 5.00% | USN30707AQ19 |
| Enel | 5.44% | 2032-10-14 | 7.50% | USN30707AT57 |
| Telecom Italia | 5.75% | 2033-11-15 | 6.38% | US87927VAF58 |
| Intesa Sanpaolo | 5.87% | 2033-11-21 | 8.25% | US46115HBV87 |
| Enel | 5.58% | 2034-06-26 | 5.50% | USN30707AX69 |
| Fibercop S.P.A. | 6.58% | 2034-09-30 | 6.00% | US683879AD22 |
| Snam SPA | 5.56% | 2035-05-28 | 5.75% | US83304JAB35 |
| Enel | 5.67% | 2035-09-30 | 5.00% | USN3070QAC08 |
| Telecom Italia | 6.09% | 2036-07-18 | 7.20% | US87927VAR96 |
| Enel | 5.86% | 2037-09-15 | 6.80% | USL2967VCZ69 |
| Enel | 6.21% | 2041-07-12 | 2.88% | USU2920CAB91 |
| Enel | 6.29% | 2047-05-25 | 4.75% | US29278GAC24 |
| Enel | 6.33% | 2052-06-15 | 5.50% | USN30707AR91 |
| Enel | 6.44% | 2055-09-30 | 5.75% | USN3070QAD80 |