Luxembourg Senior Unsecured Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-luxembourg-callable
Luxembourg Senior Unsecured Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 6.31%, fitted curve 18M–30Y (6.16%–6.45%), 54 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 18M | 6.45% | — |
| 2Y | 6.45% | 6.45% |
| 3Y | 6.45% | 6.45% |
| 4Y | 6.45% | 6.45% |
| 5Y | 6.45% | 6.44% |
| 6Y | 6.44% | 6.43% |
| 7Y | 6.43% | 6.39% |
| 8Y | 6.42% | 6.28% |
| 9Y | 6.37% | 6.05% |
| 10Y | 6.31% | 5.73% |
| 15Y | 6.16% | 5.87% |
| 20Y | 6.16% | 6.16% |
| 30Y | 6.16% | 6.16% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.45% and the 10-year 6.31%, a 10Y−2Y spread of -14 bp — inverted — 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 | 6.45% | 4.82% | 5.29% | 5.43% | 5.58% | 4.82% | 4.36% |
| 10Y | 6.31% | 6.26% | 6.39% | 6.12% | 6.45% | 5.79% | 6.08% |
| 10Y − 2Y | -14 bp | +144 bp | +111 bp | +69 bp | +87 bp | +97 bp | +172 bp |
Yields by rating group
The same curve split by credit quality: 61 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.92%, A+ to BBB- 5.44%, Speculative 6.88%.
Bonds in this curve
A selection of 30 of the 61 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Arcelormittal SA | 4.88% | 2027-11-29 | 6.55% | US03938LBE39 |
| Rumo Luxembourg Sarl | 7.38% | 2028-01-10 | 5.25% | USL79090AC78 |
| Millicom International Cellular SA | 5.34% | 2028-01-15 | 5.12% | US600814AN71 |
| Schlumberger Investment S.A. | 4.68% | 2028-05-15 | 4.50% | US806854AK11 |
| Aroundtown SA | 5.83% | 2029-03-21 | 5.38% | XS1964701822 |
| Millicom International Cellular SA | 6.43% | 2029-03-25 | 6.25% | USL6388GHV51 |
| Arcelormittal SA | 4.84% | 2029-07-16 | 4.25% | US03938LBC72 |
| Albion Financing 1 Sarl / Aggreko Holdings INC | 6.45% | 2030-05-21 | 7.00% | USU0131NAA64 |
| Breakwater Energy Holdings Sarl | 7.65% | 2030-11-15 | 9.25% | US10637BAA35 |
| JAB Holdings B.V. | 5.43% | 2030-11-23 | 2.20% | USN4717KAV81 |
| Hidrovias International Finance Sarl | 6.64% | 2031-02-08 | 4.95% | USL48008AB91 |
| Minerva Luxembourg S.A. | 7.71% | 2031-03-18 | 4.38% | USL6401PAJ23 |
| Millicom International Cellular SA | 6.40% | 2031-04-27 | 4.50% | USL6388GHX18 |
| Millicom International Cellular SA | 6.68% | 2032-04-02 | 7.38% | USL6388GJA96 |
| J&F Luxembourg Finance S A R L | 8.61% | 2032-12-01 | 8.50% | USL55906AB40 |
| J&F Luxembourg Finance S A R L | 8.63% | 2032-12-01 | 8.50% | US46594TAB70 |
| Schlumberger Investment S.A. | 5.15% | 2033-05-07 | 4.80% | US806854AP08 |
| Schlumberger Investment S.A. | 5.32% | 2033-05-15 | 4.85% | US806854AL93 |
| Nexa Resources SA | 6.20% | 2034-04-09 | 6.75% | USL67359AB21 |
| Nexa Resources SA | 6.06% | 2034-04-09 | 6.75% | US65290DAB91 |
| Cyprium Corp / Cyprium Holdings Luxembourg Sarl | 6.52% | 2034-04-15 | 6.38% | USU23325AB67 |
| Saavi Energia Sarl | 7.50% | 2035-02-10 | 8.88% | US78518PAA30 |
| Saavi Energia Sarl | 7.50% | 2035-02-10 | 8.88% | USL02668AA66 |
| Threelands Energy LTD Sarl | 7.26% | 2035-10-20 | 7.45% | USL9067LAA90 |
| Nova Securitisation Sarl | 7.74% | 2036-02-03 | 6.50% | US66984FAB31 |
| Schlumberger Investment S.A. | 5.45% | 2036-05-07 | 5.15% | US806854AQ80 |
| Arcelormittal SA | 6.05% | 2039-10-15 | 7.00% | US03938LAP94 |
| Arcelormittal SA | 6.22% | 2041-03-01 | 6.75% | US03938LAS34 |
| SES Global Americas Holdings GP | 7.81% | 2044-03-25 | 5.30% | US78413KAB89 |
| Arcelormittal SA | 6.28% | 2054-06-17 | 6.35% | US03938LBH69 |