Italy Senior Unsecured Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-italy-callable
Italy Senior Unsecured Callable Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.95%, fitted curve 1M–30Y (4.75%–6.46%), 56 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.75% | — |
| 6M | 4.79% | 4.87% |
| 9M | 4.82% | 4.97% |
| 18M | 4.91% | 5.05% |
| 2Y | 4.97% | 5.23% |
| 3Y | 5.10% | 5.44% |
| 4Y | 5.23% | 5.75% |
| 5Y | 5.36% | 6.07% |
| 6Y | 5.49% | 6.38% |
| 7Y | 5.62% | 6.67% |
| 8Y | 5.74% | 6.93% |
| 9Y | 5.85% | 7.14% |
| 10Y | 5.95% | 7.31% |
| 15Y | 6.27% | 7.49% |
| 25Y | 6.44% | 7.16% |
| 30Y | 6.46% | 6.79% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.97% and the 10-year 5.95%, 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 | 4.97% | 4.73% | 4.68% | 4.72% | 4.57% | 4.46% | 4.43% |
| 10Y | 5.95% | 5.77% | 5.65% | — | 5.47% | — | 5.39% |
| 10Y − 2Y | +98 bp | +104 bp | +97 bp | — | +90 bp | — | +96 bp |
Yields by rating group
The same curve split by credit quality: 63 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.62%, Speculative 5.71%.
Bonds in this curve
A selection of 30 of the 63 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Enel | 5.86% | 2026-10-25 | 4.00% | US29274FAF18 |
| Unicredit SPA | 4.44% | 2027-04-12 | 4.62% | US904678AB50 |
| Enel | 4.55% | 2027-05-25 | 3.62% | US29278GAA67 |
| Enel | 4.60% | 2027-06-15 | 4.62% | US29278GAW87 |
| Enel | 5.31% | 2027-06-15 | 4.62% | USN30707AP36 |
| Enel | 4.89% | 2028-04-06 | 3.50% | US29278GAF54 |
| Enel | 5.54% | 2028-06-12 | 4.88% | US29278DAA37 |
| Enel | 4.63% | 2028-07-12 | 1.88% | US29278GAN88 |
| Enel | 4.76% | 2028-07-12 | 1.88% | USN30706VD93 |
| Enel | 5.18% | 2029-06-14 | 4.88% | USN30707AL22 |
| Enel | 5.11% | 2029-06-26 | 5.12% | USN30707AW86 |
| Snam SPA | 5.28% | 2030-05-28 | 5.00% | US83304JAA51 |
| Enel | 5.33% | 2030-09-30 | 4.38% | USN3070QAB25 |
| Enel | 5.11% | 2031-07-12 | 2.50% | US29278GAP37 |
| Enel | 5.49% | 2031-07-12 | 2.50% | USN30706VE76 |
| Enel | 5.57% | 2032-06-15 | 5.00% | USN30707AQ19 |
| Enel | 5.68% | 2032-10-14 | 7.50% | USN30707AT57 |
| Intesa Sanpaolo | 6.01% | 2033-11-21 | 8.25% | US46115HBV87 |
| ENI SPA | 5.56% | 2034-05-15 | 5.50% | US26874RAN89 |
| Enel | 5.73% | 2034-06-26 | 5.50% | USN30707AX69 |
| Unicredit SPA | 5.56% | 2035-06-30 | 5.46% | US904678AS85 |
| Enel | 5.86% | 2035-09-30 | 5.00% | USN3070QAC08 |
| ENI SPA | 5.80% | 2036-05-18 | 5.25% | US26874RAW88 |
| Enel | 6.15% | 2037-09-15 | 6.80% | USL2967VCZ69 |
| Enel | 6.15% | 2039-10-07 | 6.00% | US29268BAF85 |
| Enel | 6.22% | 2039-10-07 | 6.00% | USL2967VED30 |
| Enel | 6.47% | 2052-06-15 | 5.50% | USN30707AR91 |
| Enel | 6.59% | 2052-10-14 | 7.75% | US29278GBB32 |
| Enel | 6.55% | 2055-09-30 | 5.75% | USN3070QAD80 |
| ENI SPA | 6.43% | 2056-05-18 | 6.00% | US26874RAY45 |