Bermuda Senior Unsecured Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-bermuda
Bermuda Senior Unsecured Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 6.19%, fitted curve 6M–30Y (4.52%–6.19%), 54 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.52% | — |
| 9M | 4.57% | 4.68% |
| 18M | 4.80% | 5.02% |
| 2Y | 5.00% | 5.61% |
| 3Y | 5.46% | 6.39% |
| 4Y | 5.84% | 6.97% |
| 5Y | 6.04% | 6.87% |
| 6Y | 6.13% | 6.59% |
| 7Y | 6.17% | 6.39% |
| 8Y | 6.18% | 6.28% |
| 9Y | 6.19% | 6.23% |
| 10Y | 6.19% | 6.21% |
| 15Y | 6.19% | 6.19% |
| 20Y | 6.19% | 6.19% |
| 25Y | 6.19% | 6.19% |
| 30Y | 6.19% | 6.19% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.00% and the 10-year 6.19%, a 10Y−2Y spread of +119 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.00% | 5.24% | 4.91% | 4.81% | 4.87% | 4.09% | 4.46% |
| 10Y | 6.19% | 5.91% | 6.05% | 5.59% | — | — | — |
| 10Y − 2Y | +119 bp | +67 bp | +115 bp | +78 bp | — | — | — |
Yields by rating group
The same curve split by credit quality: 71 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.57%, Speculative 7.01%.
Bonds in this curve
A selection of 30 of the 72 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Arch Capital Group LTD | 4.41% | 2026-12-15 | 4.01% | US03939CAA18 |
| Aegon LTD | 4.79% | 2027-04-16 | 5.50% | US00775VAA26 |
| Aegon LTD | 4.93% | 2027-04-16 | 5.50% | USU0158VAA62 |
| NCL Finance LTD | 5.83% | 2028-03-15 | 6.12% | US62888HAA77 |
| Marvell Technology INC | 4.76% | 2028-04-15 | 2.45% | US573874AF10 |
| Sagicor Financial CO LTD | 5.66% | 2028-05-13 | 5.30% | USG7777BAA29 |
| Marvell Technology INC | 4.74% | 2028-06-22 | 4.88% | US573874AN44 |
| Marvell Technology INC | 4.73% | 2028-06-22 | 4.88% | US57385LAB45 |
| Siriuspoint LTD | 5.52% | 2029-04-05 | 7.00% | US82969BAA08 |
| Essent Group LTD | 5.49% | 2029-07-01 | 6.25% | US29669JAA79 |
| Golar LNG Limited | 7.25% | 2029-09-19 | 7.75% | NO0013331223 |
| Bacardi LTD | 5.44% | 2030-02-01 | 5.55% | USN08063AA29 |
| Marvell Technology INC | 5.04% | 2030-07-15 | 4.75% | US573874AR57 |
| Axalta Coating Systems | 6.41% | 2031-02-15 | 7.25% | USN4776JAC10 |
| Enstar Group Limited | 5.80% | 2031-09-01 | 3.10% | US29359UAC36 |
| NCL Corporation LTD | 7.11% | 2032-02-01 | 6.75% | US62886HBR12 |
| NCL Corporation LTD | 7.21% | 2032-02-01 | 6.75% | USG6436QAU07 |
| Renaissancere Holdings LTD | 5.68% | 2033-06-05 | 5.75% | US75968NAE13 |
| NCL Corporation LTD | 7.15% | 2033-09-15 | 6.25% | USG6436QAW62 |
| Sompo Intl Hlds LTD | 5.94% | 2034-07-15 | 7.00% | US29267HAA77 |
| Seadrill Finance LTD | 7.17% | 2034-07-15 | 6.75% | US81172QAC87 |
| Bacardi LTD | 5.92% | 2035-02-01 | 6.00% | USN08063AB02 |
| Renaissancere Holdings LTD | 5.79% | 2035-04-01 | 5.80% | US75968NAG60 |
| Marvell Technology INC | 5.74% | 2036-04-15 | 5.30% | US573874AT14 |
| Arch Capital Group LTD | 5.31% | 2036-06-15 | 5.25% | US03939AAB35 |
| Bacardi LTD | 6.37% | 2043-06-15 | 5.90% | US05635JAC45 |
| Enstar Group Limited | 6.98% | 2045-04-01 | 7.50% | US29359UAD19 |
| Arch Capital Group LTD | 5.99% | 2050-06-30 | 3.63% | US03939AAA51 |
| Fidelis Insurance Holdings LTD | 7.35% | 2055-06-15 | 7.75% | US31575FAC05 |
| Arch Capital Group LTD | 6.16% | 2056-06-15 | 5.95% | US03939AAC18 |