Hong Kong Senior Unsecured Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-hong-kong-non-callable
Hong Kong Senior Unsecured Non-Callable Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.39%, fitted curve 1M–20Y (4.65%–6.20%), 52 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.65% | — |
| 6M | 4.73% | 4.81% |
| 9M | 4.81% | 5.12% |
| 12M | 4.89% | 5.12% |
| 18M | 4.99% | 5.27% |
| 2Y | 5.03% | 5.20% |
| 3Y | 5.04% | 5.13% |
| 4Y | 5.04% | 5.09% |
| 5Y | 5.05% | 5.18% |
| 9Y | 5.32% | 5.84% |
| 10Y | 5.39% | 6.36% |
| 15Y | 5.83% | 7.40% |
| 20Y | 6.20% | 8.73% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.03% and the 10-year 5.39%, a 10Y−2Y spread of +36 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 | 5.03% | 4.79% | 4.82% | 4.78% | 4.65% | 4.54% | 4.43% |
| 10Y | 5.39% | 5.20% | 5.04% | 5.00% | 5.26% | 5.21% | 5.08% |
| 10Y − 2Y | +36 bp | +41 bp | +22 bp | +22 bp | +61 bp | +67 bp | +65 bp |
Yields by rating group
The same curve split by credit quality: 44 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.76%, A+ to BBB- 5.04%, Speculative 6.45%.
Bonds in this curve
A selection of 30 of the 54 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Foxconn (FAR East) Limited | 4.65% | 2026-09-23 | 3.00% | XS1490623516 |
| Icbcil Finance Co. Limited | 5.15% | 2026-11-02 | 2.25% | XS2393958488 |
| Citic LTD | 4.66% | 2027-02-28 | 3.88% | XS1570263563 |
| CK Hutchison Holdings Limited | 4.67% | 2027-04-05 | 3.50% | USG2177UAB55 |
| FAR East Horizon Limited | 5.30% | 2027-04-16 | 6.62% | XS2800583606 |
| YI Bright International Limited | 5.31% | 2027-06-20 | 6.68% | XS2843465647 |
| Castle Peak Power Finance Company Limited | 4.78% | 2027-07-25 | 3.25% | XS1648263926 |
| Bocom Leasing Management Hong Kong Company Limited | 4.90% | 2027-08-23 | 4.50% | XS2886030902 |
| CLP Power Hong Kong Financing Limited | 4.84% | 2027-10-26 | 3.38% | XS0848445358 |
| Jinan Urban Construction International Investment CO., Limited | 5.10% | 2027-11-06 | 5.00% | XS2927468657 |
| Swire Properties MTN Financing Limited | 4.89% | 2028-01-10 | 3.50% | XS1743657683 |
| Citic LTD | 4.75% | 2028-01-11 | 4.00% | XS1743727130 |
| FAR East Horizon Limited | 5.98% | 2028-03-05 | 5.88% | XS2886144232 |
| Guotai Junan International Holdings LTD. | 4.84% | 2028-07-15 | 4.25% | XS3109419997 |
| Celestial Dynasty Limited | 6.85% | 2028-08-22 | 6.38% | XS2877153234 |
| FAR East Horizon Limited | 6.00% | 2028-10-01 | 6.00% | XS3025777221 |
| CMB International Leasing Management Limited | 5.05% | 2029-07-03 | 3.62% | XS2019219612 |
| Anhui Transportation Holding Group (H.K.) Limited | 4.90% | 2029-07-22 | 4.35% | XS3435193381 |
| Citic LTD | 4.93% | 2030-02-25 | 2.85% | XS2109790001 |
| Hongkong Electric Finance Limited | 4.89% | 2030-06-09 | 2.25% | XS2181902789 |
| Champion MTN Limited | 6.45% | 2030-06-15 | 2.95% | XS2189595049 |
| Castle Peak Power Finance Company Limited | 4.96% | 2030-06-22 | 2.20% | XS2190958301 |
| CLP Power Hong Kong Financing Limited | 4.93% | 2031-07-21 | 2.25% | XS2364591367 |
| CLP Power Hong Kong Financing Limited | 4.93% | 2031-07-21 | 2.25% | XS2366836133 |
| Citic LTD | 5.43% | 2035-04-14 | 4.60% | XS1215258440 |
| CLP Power Hong Kong Financing Limited | 5.20% | 2035-06-30 | 2.50% | XS2193950271 |
| Citic LTD | 5.72% | 2036-04-25 | 4.65% | XS1399293650 |
| AIA Group LTD | 5.76% | 2044-03-11 | 4.88% | US00131M2B87 |
| Citic LTD | 6.26% | 2046-04-25 | 4.85% | XS1399293817 |
| Citic LTD | 6.35% | 2046-09-07 | 4.49% | XS1484449357 |