United Kingdom Investment Grade Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-oil-gas-united-kingdom
United Kingdom Investment Grade Oil & Gas Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 5.75%, fitted curve 3M–30Y (4.52%–6.11%), 60 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.52% | — |
| 6M | 4.64% | 4.88% |
| 12M | 4.78% | 4.97% |
| 2Y | 4.93% | 5.15% |
| 3Y | 5.06% | 5.42% |
| 4Y | 5.19% | 5.69% |
| 5Y | 5.31% | 5.94% |
| 6Y | 5.41% | 6.15% |
| 7Y | 5.51% | 6.33% |
| 8Y | 5.60% | 6.48% |
| 9Y | 5.68% | 6.60% |
| 10Y | 5.75% | 6.69% |
| 15Y | 5.96% | 6.79% |
| 20Y | 6.06% | 6.71% |
| 25Y | 6.10% | 6.55% |
| 30Y | 6.11% | 6.42% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.93% and the 10-year 5.75%, a 10Y−2Y spread of +82 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 | 4.93% | 5.07% | 4.49% | 4.58% | 4.32% | 4.39% | 4.25% |
| 10Y | 5.75% | 5.85% | 5.38% | 5.39% | 5.15% | 5.10% | 4.95% |
| 10Y − 2Y | +82 bp | +78 bp | +89 bp | +80 bp | +83 bp | +72 bp | +70 bp |
Yields by rating group
The same curve split by credit quality: 73 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.87%, A+ to BBB- 5.37%.
Bonds in this curve
A selection of 30 of the 73 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| BP PLC | 4.45% | 2027-01-16 | 3.02% | US10373QAV23 |
| BP PLC | 4.68% | 2027-04-06 | 3.54% | US10373QBK58 |
| BP PLC | 5.00% | 2027-04-14 | 3.59% | US05565QDM78 |
| BP PLC | 4.71% | 2027-04-14 | 3.59% | US10373QAZ37 |
| BP PLC | 4.75% | 2027-09-19 | 3.28% | US05565QDN51 |
| BP PLC | 4.58% | 2027-11-17 | 5.02% | US10373QBY52 |
| BP PLC | 5.00% | 2028-09-21 | 3.94% | US10373QAC42 |
| BP PLC | 5.04% | 2028-11-06 | 4.23% | US10373QAE08 |
| Shell PLC | 4.77% | 2028-11-13 | 3.88% | US822582CB65 |
| BP PLC | 5.04% | 2029-10-17 | 4.97% | US10373QBZ28 |
| Shell PLC | 5.03% | 2029-11-07 | 2.38% | US822582CD22 |
| BP PLC | 5.18% | 2030-08-10 | 1.75% | US10373QBM15 |
| Shell PLC | 5.16% | 2030-11-06 | 4.12% | US822905AN55 |
| BP PLC | 5.33% | 2032-01-12 | 2.72% | US10373QBT67 |
| BP PLC | 5.46% | 2033-02-13 | 4.81% | US10373QBU31 |
| BP PLC | 5.49% | 2033-09-11 | 4.89% | US10373QBV14 |
| BP PLC | 5.53% | 2034-04-10 | 4.99% | US10373QBW96 |
| BP PLC | 5.49% | 2034-11-17 | 5.23% | US10373QCA67 |
| Harbour Energy | 6.39% | 2035-04-01 | 6.33% | USG4289TAB91 |
| Shell PLC | 5.45% | 2035-05-11 | 4.12% | US822905AC90 |
| Shell PLC | 5.50% | 2036-01-06 | 4.75% | US822905AQ86 |
| Shell PLC | 5.58% | 2038-12-15 | 6.38% | US822582AD40 |
| Shell PLC | 5.75% | 2038-12-15 | 6.38% | US822905AU98 |
| Shell PLC | 6.12% | 2040-03-25 | 5.50% | US822582AN22 |
| Shell PLC | 5.81% | 2040-03-25 | 5.50% | US822905AW54 |
| Shell PLC | 6.08% | 2045-05-11 | 4.38% | US822905AA35 |
| Shell PLC | 6.20% | 2046-09-12 | 3.75% | US822582BY77 |
| Shell PLC | 6.18% | 2049-11-07 | 3.12% | US822582CE05 |
| Shell PLC | 6.26% | 2051-11-26 | 3.00% | US822582CL48 |
| BP PLC | 6.09% | 2061-02-08 | 3.38% | US10373QBQ29 |