France Senior Unsecured Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-france-callable
France Senior Unsecured Callable Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.97%, fitted curve 1M–40Y (4.61%–6.57%), 176 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.61% | — |
| 3M | 4.64% | 4.66% |
| 6M | 4.69% | 4.85% |
| 9M | 4.74% | 4.95% |
| 12M | 4.79% | 4.95% |
| 18M | 4.89% | 5.16% |
| 2Y | 4.99% | 5.37% |
| 3Y | 5.18% | 5.67% |
| 4Y | 5.35% | 6.02% |
| 5Y | 5.50% | 6.27% |
| 6Y | 5.61% | 6.42% |
| 7Y | 5.71% | 6.55% |
| 8Y | 5.80% | 6.71% |
| 9Y | 5.89% | 6.92% |
| 10Y | 5.97% | 7.14% |
| 15Y | 6.29% | 7.50% |
| 20Y | 6.45% | 7.57% |
| 25Y | 6.52% | 7.39% |
| 30Y | 6.55% | 7.17% |
| 40Y | 6.57% | 6.94% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.99% and the 10-year 5.97%, a 10Y−2Y spread of +98 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.99% | 4.73% | 4.77% | 4.66% | 4.57% | 4.46% | 4.28% |
| 10Y | 5.97% | 5.75% | 5.61% | 5.60% | 5.49% | 5.44% | 5.25% |
| 10Y − 2Y | +98 bp | +102 bp | +85 bp | +94 bp | +92 bp | +98 bp | +97 bp |
Yields by rating group
The same curve split by credit quality: 225 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.36%, A+ to BBB- 5.51%, Speculative 6.20%.
Bonds in this curve
A selection of 30 of the 226 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Danone | 4.31% | 2026-11-02 | 2.95% | US23636TAE01 |
| Danone | 4.99% | 2026-11-02 | 2.95% | USF12033TP59 |
| Credit Agricole | 4.32% | 2027-01-10 | 4.12% | US22535WAB37 |
| Credit Agricole | 4.91% | 2027-01-10 | 4.12% | US22536PAB76 |
| Societe Generale | 4.46% | 2027-02-19 | 5.25% | US83368RBZ47 |
| Societe Generale | 4.56% | 2027-02-19 | 5.25% | US83368TCA43 |
| Societe Generale | 5.07% | 2027-05-24 | 3.38% | DE000SW0AES5 |
| Societe Generale | 5.03% | 2027-06-15 | 4.68% | US83368TBM99 |
| Bpce SA | 4.67% | 2027-10-23 | 3.50% | US05583JAC62 |
| Sanofi SA | 4.64% | 2027-11-03 | 3.75% | US801060AE44 |
| Bpce SA | 5.08% | 2028-01-11 | 3.25% | US05578BAJ52 |
| Bpce SA | 4.74% | 2028-01-11 | 3.25% | US05578AAJ79 |
| Sanofi SA | 4.76% | 2028-06-19 | 3.62% | US801060AD60 |
| Credit Agricole | 4.99% | 2028-07-12 | 5.30% | US22535EAC12 |
| Engie SA | 5.18% | 2029-04-10 | 5.25% | USF7629AJB47 |
| Constellium SE | 5.72% | 2029-04-15 | 3.75% | USF21107AB74 |
| Orange SA | 5.35% | 2031-01-13 | 4.25% | USF6861DLG36 |
| Orange SA | 5.51% | 2031-03-01 | 9.00% | US35177PAL13 |
| SNF Group Saca | 5.73% | 2031-03-31 | 5.63% | USF8449EAA31 |
| Iliad Holding SAS | 7.25% | 2031-04-15 | 8.50% | USF507APAG60 |
| Sanofi SA | 5.08% | 2032-11-03 | 4.20% | US801060AJ31 |
| Forvia SE | 6.80% | 2033-09-15 | 6.75% | US31209DAC92 |
| Totalenergies SE | 5.42% | 2034-04-05 | 5.15% | US89157XAA90 |
| L'Oreal S.A. | 5.36% | 2035-05-20 | 5.00% | USF6100PCP74 |
| Electricite de France SA | 5.98% | 2036-04-22 | 5.25% | USF2940EAC69 |
| Electricite de France SA | 6.17% | 2040-01-27 | 5.60% | USF2893TAE67 |
| Electricite de France SA | 6.41% | 2045-10-13 | 4.95% | USF2893TAQ97 |
| Totalenergies SE | 6.12% | 2049-07-12 | 3.46% | US89153VAU35 |
| Totalenergies SE | 6.10% | 2054-04-05 | 5.49% | US89157XAB73 |
| Totalenergies SE | 6.27% | 2064-04-05 | 5.64% | US89157XAC56 |