Australia AAA–AA Banks Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-07
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-banks-australia
Australia AAA–AA Banks Corporate Bond Yields (USD) as of 2026-09-07: 7Y at 5.18%, fitted curve 1M–20Y (4.45%–5.78%), 68 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.45% | — |
| 3M | 4.46% | 4.46% |
| 6M | 4.47% | 4.58% |
| 9M | 4.49% | 4.58% |
| 12M | 4.50% | 4.58% |
| 18M | 4.53% | 4.65% |
| 2Y | 4.57% | 4.74% |
| 3Y | 4.66% | 4.91% |
| 4Y | 4.77% | 5.20% |
| 5Y | 4.90% | 5.55% |
| 7Y | 5.18% | 6.13% |
| 20Y | 5.78% | 6.41% |
2Y, 10Y and the 10Y−2Y spread over time
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-09-07 | 1m ago2026-08-07 | 2m ago2026-07-09 | 3m ago2026-06-09 | 4m ago2026-05-11 | 5m ago2026-04-10 | 6m ago2026-03-11 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.57% | 4.41% | 4.41% | 4.34% | 4.16% | 4.17% | 3.89% |
| 10Y | — | — | 5.24% | — | 5.33% | 5.53% | 4.84% |
| 10Y − 2Y | — | — | +83 bp | — | +116 bp | +136 bp | +95 bp |
Bonds in this curve
A selection of 30 of the 79 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Westpac Banking Corporation | 4.78% | 2026-09-30 | 1.55% | USQ97417FA49 |
| Westpac Banking Corporation | 3.91% | 2026-09-30 | 1.55% | US961214EZ26 |
| Westpac Banking Corporation | 5.12% | 2026-10-20 | 4.60% | US961214FV03 |
| Commonwealth Bank of Australia | 4.24% | 2026-11-27 | 4.58% | US20271RAU41 |
| Macquarie Bank LTD | 5.01% | 2026-12-07 | 5.39% | US55608RBQ20 |
| National Australia Bank Limited | 4.42% | 2027-01-10 | 3.50% | US6325C1CL16 |
| Westpac Banking Corporation | 4.58% | 2027-03-08 | 3.35% | US961214DK65 |
| Commonwealth Bank of Australia | 4.84% | 2027-03-14 | 2.55% | US2027A1KK25 |
| Commonwealth Bank of Australia | 4.22% | 2027-03-14 | 2.55% | US2027A0KK42 |
| National Australia Bank Limited | 4.83% | 2027-06-09 | 3.90% | US63254ABE73 |
| Macquarie Bank LTD | 4.62% | 2027-07-02 | 5.27% | US55608RBT68 |
| Macquarie Bank LTD | 4.43% | 2027-07-02 | 5.27% | US55608PBT03 |
| Westpac Banking Corporation | 4.53% | 2027-08-26 | 4.04% | US961214FC22 |
| Commonwealth Bank of Australia | 4.64% | 2027-09-19 | 3.15% | US2027A1JT52 |
| Westpac Banking Corporation | 4.53% | 2027-11-18 | 5.46% | US961214FK48 |
| National Australia Bank Limited | 4.48% | 2028-01-12 | 4.94% | US63253QAB05 |
| Westpac Banking Corporation | 4.42% | 2028-01-25 | 3.40% | US961214DW04 |
| Commonwealth Bank of Australia | 4.60% | 2028-03-16 | 3.90% | US2027A1JZ13 |
| Commonwealth Bank of Australia | 4.80% | 2028-09-14 | 5.07% | US20271BAL99 |
| Westpac Banking Corporation | 4.76% | 2028-11-17 | 5.54% | US961214FN86 |
| Westpac Banking Corporation | 4.63% | 2028-11-20 | 1.95% | US961214EW94 |
| Westpac Banking Corporation | 4.82% | 2029-04-16 | 5.05% | US961214FT56 |
| National Australia Bank Limited | 4.90% | 2030-01-14 | 4.90% | US63253QAL86 |
| Westpac Banking Corporation | 4.85% | 2030-07-01 | 4.35% | US961214GC13 |
| Commonwealth Bank of Australia | 4.74% | 2030-10-01 | 4.15% | US20271RAW07 |
| Westpac Banking Corporation | 5.03% | 2031-06-12 | 4.45% | US9612EVAB54 |
| Commonwealth Bank of Australia | 4.87% | 2031-09-15 | 1.88% | US2027A1KF30 |
| National Australia Bank Limited | 5.22% | 2034-01-10 | 4.95% | USQ6535DBR46 |
| Commonwealth Bank of Australia | 5.85% | 2047-07-12 | 3.90% | US2027A1JN82 |
| Commonwealth Bank of Australia | 5.72% | 2047-07-12 | 3.90% | US2027A0JN00 |