National Australia Bank Limited Bond Yields (USD)
Fitted spot curve as of 2026-09-07
https://bondscovery.com/yield-curve/usd-corporate-banks-australia-national-australia-bank-limited
National Australia Bank Limited Bond Yields (USD) as of 2026-09-07: 10Y at 5.57%, fitted curve 3M–10Y (4.34%–5.57%), 20 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.34% | — |
| 9M | 4.39% | 4.50% |
| 12M | 4.42% | 4.52% |
| 18M | 4.47% | 4.64% |
| 2Y | 4.53% | 4.78% |
| 3Y | 4.66% | 5.01% |
| 4Y | 4.81% | 5.35% |
| 5Y | 4.96% | 5.72% |
| 7Y | 5.24% | 6.22% |
| 10Y | 5.57% | 6.72% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.53% and the 10-year 5.57%, a 10Y−2Y spread of +104 bp — positively sloped — as of 2026-09-07. 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 | Latest2026-09-07 | 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 | 4.53% | 4.41% | 4.42% | 4.41% | 4.18% | 4.19% | 3.80% |
| 10Y | 5.57% | — | 5.36% | 5.47% | 5.30% | 5.09% | 4.80% |
| 10Y − 2Y | +104 bp | — | +95 bp | +106 bp | +112 bp | +90 bp | +100 bp |
Yields by rating group
The same curve split by credit quality: 25 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.52%, A+ to BBB- 5.81%.
Bonds in this curve
The 25 bonds behind this curve. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| National Australia Bank Limited | 4.42% | 2027-01-10 | 3.50% | US6325C1CL16 |
| National Australia Bank Limited | 4.23% | 2027-01-10 | 3.50% | US6325C0DJ77 |
| National Australia Bank Limited | 4.09% | 2027-01-12 | 1.89% | US6325C0EB33 |
| National Australia Bank Limited | 4.83% | 2027-06-09 | 3.90% | US63254ABE73 |
| National Australia Bank Limited | 4.41% | 2027-11-22 | 4.63% | US6325C0EK32 |
| National Australia Bank Limited | 4.38% | 2027-11-22 | 4.63% | US6325C1DE63 |
| National Australia Bank Limited | 4.48% | 2028-01-12 | 4.94% | US63253QAB05 |
| National Australia Bank Limited | 4.51% | 2028-06-13 | 4.90% | US63253QAE44 |
| National Australia Bank Limited | 4.52% | 2028-06-13 | 4.31% | US632525CJ86 |
| National Australia Bank Limited | 4.07% | 2028-11-28 | 5.13% | US632525BL42 |
| National Australia Bank Limited | 4.03% | 2028-11-28 | 5.13% | USQ6535DBP89 |
| National Australia Bank Limited | 4.53% | 2028-12-13 | 3.85% | US632525CQ20 |
| National Australia Bank Limited | 4.48% | 2029-01-10 | 4.79% | US63253QAG91 |
| National Australia Bank Limited | 4.73% | 2029-06-04 | 4.43% | US632525CT68 |
| National Australia Bank Limited | 4.90% | 2030-01-14 | 4.90% | US63253QAL86 |
| National Australia Bank Limited | 4.46% | 2030-06-03 | 4.37% | USQ6535DCL66 |
| National Australia Bank Limited | 4.76% | 2030-06-13 | 4.53% | US632525CK59 |
| National Australia Bank Limited | 4.74% | 2031-01-13 | 4.15% | US632525CR03 |
| National Australia Bank Limited | 4.61% | 2031-08-26 | 4.61% | US632525CV15 |
| National Australia Bank Limited | 4.78% | 2031-08-26 | 4.61% | USQ6535DCT92 |
| National Australia Bank Limited | 5.07% | 2034-01-10 | 4.95% | US632525BN08 |
| National Australia Bank Limited | 5.22% | 2034-01-10 | 4.95% | USQ6535DBR46 |
| National Australia Bank Limited | 5.09% | 2034-06-11 | 5.18% | US632525BS94 |
| National Australia Bank Limited | 5.08% | 2034-06-11 | 5.18% | USQ6535DBV57 |
| National Australia Bank Limited | 5.81% | 2037-06-04 | 5.62% | USQ6535DCS10 |