United Kingdom Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-oil-gas-united-kingdom-callable
United Kingdom Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.65%, fitted curve 3M–30Y (4.26%–6.10%), 58 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.26% | — |
| 6M | 4.34% | 4.51% |
| 12M | 4.53% | 4.79% |
| 2Y | 4.75% | 5.04% |
| 3Y | 4.89% | 5.28% |
| 4Y | 5.03% | 5.57% |
| 5Y | 5.16% | 5.84% |
| 6Y | 5.28% | 6.08% |
| 7Y | 5.39% | 6.29% |
| 8Y | 5.49% | 6.46% |
| 9Y | 5.57% | 6.60% |
| 10Y | 5.65% | 6.71% |
| 15Y | 5.91% | 6.86% |
| 20Y | 6.03% | 6.82% |
| 25Y | 6.08% | 6.64% |
| 30Y | 6.10% | 6.48% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.75% and the 10-year 5.65%, a 10Y−2Y spread of +90 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 | 4.75% | 4.54% | 4.49% | 4.47% | 4.30% | 4.22% | — |
| 10Y | 5.65% | 5.39% | 5.34% | — | 5.13% | 4.98% | 4.88% |
| 10Y − 2Y | +90 bp | +84 bp | +85 bp | — | +83 bp | +76 bp | — |
Yields by rating group
The same curve split by credit quality: 67 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.86%, A+ to BBB- 5.30%, Speculative 9.75%.
Bonds in this curve
A selection of 30 of the 68 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| BP PLC | 4.32% | 2027-01-16 | 3.02% | US10373QAV23 |
| BP PLC | 4.28% | 2027-04-06 | 3.54% | US10373QBK58 |
| BP PLC | 4.41% | 2027-04-14 | 3.59% | US05565QDM78 |
| BP PLC | 4.36% | 2027-04-14 | 3.59% | US10373QAZ37 |
| BP PLC | 4.61% | 2027-09-19 | 3.28% | US05565QDN51 |
| BP PLC | 4.57% | 2027-11-17 | 5.02% | US10373QBY52 |
| BP PLC | 4.85% | 2028-09-21 | 3.94% | US10373QAC42 |
| BP PLC | 4.91% | 2028-11-06 | 4.23% | US10373QAE08 |
| Shell PLC | 4.67% | 2028-11-13 | 3.88% | US822582CB65 |
| BP PLC | 4.92% | 2029-04-10 | 4.70% | US10373QBX79 |
| BP PLC | 4.97% | 2029-10-17 | 4.97% | US10373QBZ28 |
| Ithaca Energy North SEA PLC | 6.86% | 2029-10-15 | 8.12% | US46567TAC80 |
| BP PLC | 5.09% | 2030-04-06 | 3.63% | US10373QBL32 |
| Shell PLC | 4.75% | 2030-04-06 | 2.75% | US822582CG52 |
| BP PLC | 5.25% | 2032-01-12 | 2.72% | US10373QBT67 |
| BP PLC | 5.35% | 2033-02-13 | 4.81% | US10373QBU31 |
| Harbour Energy PLC | 6.02% | 2033-08-19 | 5.93% | US41166CAA53 |
| BP PLC | 5.45% | 2033-09-11 | 4.89% | US10373QBV14 |
| BP PLC | 5.46% | 2034-04-10 | 4.99% | US10373QBW96 |
| BP PLC | 5.48% | 2034-11-17 | 5.23% | US10373QCA67 |
| Harbour Energy PLC | 6.31% | 2035-04-01 | 6.33% | US411618AD32 |
| Harbour Energy PLC | 6.39% | 2035-04-01 | 6.33% | USG4289TAB91 |
| Shell PLC | 5.66% | 2038-12-15 | 6.38% | US822582AD40 |
| Shell PLC | 5.88% | 2040-03-25 | 5.50% | US822582AN22 |
| BP PLC | 5.96% | 2041-06-17 | 3.06% | US10373QBR02 |
| Shell PLC | 6.07% | 2045-05-11 | 4.38% | US822582BF88 |
| Shell PLC | 6.07% | 2046-05-10 | 4.00% | US822905AE56 |
| Shell PLC | 6.22% | 2049-11-07 | 3.12% | US822582CE05 |
| BP PLC | 6.10% | 2050-02-24 | 3.00% | US10373QBG47 |
| BP PLC | 6.12% | 2061-02-08 | 3.38% | US10373QBQ29 |