Norway Investment Grade Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-norway
Norway Investment Grade Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 6.02%, fitted curve 6M–30Y (4.37%–6.04%), 46 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.37% | — |
| 12M | 4.69% | 5.08% |
| 18M | 4.91% | 5.45% |
| 2Y | 5.10% | 5.75% |
| 3Y | 5.39% | 6.14% |
| 4Y | 5.61% | 6.46% |
| 5Y | 5.77% | 6.59% |
| 6Y | 5.87% | 6.59% |
| 7Y | 5.93% | 6.53% |
| 8Y | 5.98% | 6.45% |
| 9Y | 6.00% | 6.37% |
| 10Y | 6.02% | 6.31% |
| 15Y | 6.04% | 6.21% |
| 25Y | 6.04% | 6.14% |
| 30Y | 6.04% | 6.13% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.10% and the 10-year 6.02%, a 10Y−2Y spread of +92 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 | 5.10% | 5.23% | 4.75% | 4.89% | 4.68% | 4.64% | 4.44% |
| 10Y | 6.02% | 6.07% | — | — | — | — | 5.37% |
| 10Y − 2Y | +92 bp | +84 bp | — | — | — | — | +93 bp |
Yields by rating group
The same curve split by credit quality: 52 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.25%, A+ to BBB- 5.70%.
Bonds in this curve
A selection of 30 of the 52 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Equinor | 4.34% | 2027-04-06 | 3.00% | US29446MAE21 |
| Equinor | 4.66% | 2027-09-23 | 7.25% | US656531AM27 |
| VAR Energi | 5.40% | 2028-01-15 | 7.50% | US92212WAD20 |
| Equinor | 4.72% | 2028-01-15 | 6.80% | US656531AG58 |
| Equinor | 4.75% | 2028-06-02 | 4.25% | US29446MAL63 |
| Yara | 5.20% | 2028-06-01 | 4.75% | USR9900CAR71 |
| Aker BP | 5.09% | 2028-06-13 | 5.60% | US00973RAL78 |
| Equinor | 4.80% | 2028-09-10 | 3.62% | US29446MAB81 |
| Equinor | 5.14% | 2028-12-01 | 6.50% | US24820RAG39 |
| Equinor | 5.04% | 2029-01-15 | 7.15% | US656531AJ97 |
| Aker BP | 5.57% | 2030-01-15 | 3.75% | US00973RAF01 |
| Equinor | 5.20% | 2030-04-06 | 3.12% | US29446MAF95 |
| Equinor | 5.17% | 2030-05-22 | 2.38% | US29446MAK80 |
| Yara | 5.48% | 2030-06-04 | 3.15% | USR9900CAS54 |
| Aker BP | 5.53% | 2031-07-15 | 3.10% | US55037AAB44 |
| VAR Energi | 5.80% | 2031-09-22 | 5.75% | USR9576ZAP38 |
| VAR Energi | 6.07% | 2032-11-15 | 8.00% | US92212WAE03 |
| VAR Energi | 6.03% | 2032-11-15 | 8.00% | USR9576ZAE80 |
| Aker BP | 5.86% | 2033-06-13 | 6.00% | US00973RAM51 |
| Aker BP | 5.69% | 2033-06-13 | 6.00% | USR0139KAG50 |
| Aker BP | 5.86% | 2034-10-01 | 5.12% | US00973RAN35 |
| Aker BP | 5.86% | 2034-10-01 | 5.12% | USR0139KAJ99 |
| Equinor | 5.49% | 2035-06-03 | 5.12% | US29446MAN20 |
| Aker BP | 6.02% | 2035-10-30 | 5.25% | US00973RAQ65 |
| VAR Energi | 6.37% | 2036-09-22 | 6.12% | USR9576ZAQ11 |
| Equinor | 5.87% | 2040-04-06 | 3.62% | US29446MAG78 |
| Equinor | 5.96% | 2043-05-15 | 3.95% | US85771PAL67 |
| Equinor | 6.05% | 2049-11-18 | 3.25% | US29446MAC64 |
| Equinor | 5.96% | 2050-04-06 | 3.70% | US29446MAH51 |
| Aker BP | 6.63% | 2054-10-01 | 5.80% | US00973RAP82 |