Norway Senior Unsecured Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-norway
Norway Senior Unsecured Corporate Bond Yields (USD) as of 2026-07-27: 9Y at 5.67%, fitted curve 9M–30Y (4.68%–6.41%), 39 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 4.68% | — |
| 12M | 4.71% | 4.81% |
| 18M | 4.78% | 4.92% |
| 2Y | 4.85% | 5.05% |
| 3Y | 4.98% | 5.25% |
| 4Y | 5.11% | 5.51% |
| 5Y | 5.24% | 5.74% |
| 6Y | 5.36% | 5.95% |
| 7Y | 5.47% | 6.14% |
| 8Y | 5.57% | 6.31% |
| 9Y | 5.67% | 6.44% |
| 15Y | 6.09% | 6.72% |
| 30Y | 6.41% | 6.74% |
2Y, 10Y and the 10Y−2Y spread over time
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 ago2026-04-02 | 5m ago2026-02-27 | 6m ago2026-01-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.85% | 4.50% | 4.73% | 4.50% | 4.52% | 4.19% | 4.30% |
| 10Y | — | — | — | 5.47% | 5.59% | 5.43% | 5.49% |
| 10Y − 2Y | — | — | — | +97 bp | +107 bp | +123 bp | +119 bp |
Yields by rating group
The same curve split by credit quality: 42 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.60%, A+ to BBB- 5.19%, Speculative 7.04%.
Bonds in this curve
A selection of 30 of the 43 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| VAR Energi ASA | 4.78% | 2027-05-18 | 5.00% | US92212WAA80 |
| Equinor ASA | 4.60% | 2027-09-23 | 7.25% | US656531AM27 |
| Equinor ASA | 4.58% | 2028-01-15 | 6.80% | US656531AG58 |
| VAR Energi ASA | 5.09% | 2028-01-15 | 7.50% | US92212WAD20 |
| Yara International ASA | 5.14% | 2028-06-01 | 4.75% | USR9900CAR71 |
| Equinor ASA | 4.49% | 2028-06-02 | 4.25% | US29446MAL63 |
| Equinor ASA | 4.60% | 2028-12-01 | 6.50% | US24820RAG39 |
| Equinor ASA | 4.41% | 2029-01-15 | 7.15% | US656531AJ97 |
| TGS ASA | 7.13% | 2030-01-15 | 8.50% | USR9138BAA00 |
| TGS ASA | 6.96% | 2030-01-15 | 8.50% | US87243KAA79 |
| VAR Energi ASA | 5.32% | 2030-05-22 | 5.88% | US92212WAF77 |
| Yara International ASA | 5.14% | 2030-06-04 | 3.15% | USR9900CAS54 |
| Equinor ASA | 4.76% | 2030-09-03 | 4.50% | US29446MAM47 |
| Aker BP ASA | 5.16% | 2031-01-15 | 4.00% | USR0139KAD20 |
| Bluenord ASA | 6.17% | 2031-05-19 | 7.88% | NO0013750828 |
| DNB Bank ASA | 4.95% | 2031-11-04 | 4.38% | US25601C2E21 |
| DNB Bank ASA | 4.86% | 2031-11-04 | 4.38% | US25601B2E49 |
| VAR Energi ASA | 5.70% | 2032-11-15 | 8.00% | US92212WAE03 |
| Yara International ASA | 5.62% | 2032-11-14 | 7.38% | US984851AH89 |
| Yara International ASA | 5.66% | 2032-11-14 | 7.38% | USR9900CAT38 |
| Aker BP ASA | 5.45% | 2033-06-13 | 6.00% | US00973RAM51 |
| Aker BP ASA | 5.17% | 2033-06-13 | 6.00% | USR0139KAG50 |
| Aker BP ASA | 5.52% | 2034-10-01 | 5.12% | US00973RAN35 |
| VAR Energi ASA | 5.82% | 2035-05-22 | 6.50% | US92212WAG50 |
| Equinor ASA | 5.21% | 2035-06-03 | 5.12% | US29446MAN20 |
| Aker BP ASA | 5.66% | 2035-10-30 | 5.25% | US00973RAQ65 |
| Equinor ASA | 5.63% | 2040-08-17 | 5.10% | US85771PAC68 |
| Equinor ASA | 5.74% | 2041-11-23 | 4.25% | US85771PAE25 |
| Aker BP ASA | 6.53% | 2054-10-01 | 5.80% | US00973RAP82 |
| Aker BP ASA | 6.48% | 2054-10-01 | 5.80% | USR0139KAK62 |