Turkey Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-turkey
Turkey Corporate Bond Yields (USD) as of 2026-07-27: 8Y at 7.81%, fitted curve 6M–8Y (6.08%–7.81%), 12 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 6.08% | — |
| 18M | 6.42% | 6.60% |
| 2Y | 6.59% | 7.08% |
| 3Y | 6.89% | 7.50% |
| 5Y | 7.37% | 8.10% |
| 6Y | 7.55% | 8.46% |
| 8Y | 7.81% | 8.57% |
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 ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 6.59% | 6.15% | 6.18% | 5.74% | 6.37% | 5.12% | — |
| 10Y | — | — | 8.51% | 8.83% | — | 7.23% | 7.29% |
| 10Y − 2Y | — | — | +233 bp | +309 bp | — | +211 bp | — |
Bonds in this curve
A selection of 30 of the 35 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Turkiye Ihracat Kredi Bankasi AS | 6.25% | 2027-01-28 | 9.00% | XS2692231975 |
| Hazine Mustesarligi Varlik Kiralama Anonim Sirketi | 5.95% | 2027-02-24 | 7.25% | US421790AH94 |
| Turkcell Iletisim Hizmetleri A.S. | 5.56% | 2028-04-11 | 5.80% | US900111AB12 |
| Turkcell Iletisim Hizmetleri A.S. | 5.53% | 2028-04-11 | 5.80% | XS1803215869 |
| Arcelik AS | 7.15% | 2028-09-25 | 8.50% | XS2695038401 |
| Turkiye Cumhuriyeti Ziraat Bankasi AS | 5.93% | 2029-01-16 | 8.00% | US90014TAK79 |
| QNB Bank AS | 6.66% | 2029-05-21 | 7.25% | XS2798098310 |
| Turk Telekomunikasyon AS | 6.90% | 2029-05-20 | 7.38% | XS2820499619 |
| Turkiye IS Bankasi A.S. | 6.25% | 2029-06-12 | 7.75% | US90016BAH15 |
| Turkiye IS Bankasi A.S. | 6.70% | 2029-06-12 | 7.75% | XS2654059752 |
| Limak Cimento Sanayi VE Ticaret Anonim Sirketi | 9.82% | 2029-07-25 | 9.75% | XS2862382541 |
| Yapi VE Kredi Bankasi AS | 6.77% | 2029-10-10 | 7.12% | US984848AT81 |
| Yapi VE Kredi Bankasi AS | 6.93% | 2030-03-03 | 7.25% | US984848AU54 |
| Aydem Yenilenebilir Enerji A.S. | 10.20% | 2030-09-30 | 9.88% | US054644AB55 |
| Turk Telekomunikasyon AS | 6.79% | 2030-10-30 | 6.50% | US898916AA99 |
| Akbank TAS | 6.89% | 2031-06-22 | 6.80% | XS2355183091 |
| Turkiye Sinai Kalkinma Bankasi A.S. | 7.25% | 2031-07-07 | 7.25% | US90015YAJ82 |
| Ulker Biskuvi Sanayi AS | 6.90% | 2031-07-08 | 7.88% | US903742AB05 |
| Ulker Biskuvi Sanayi AS | 7.62% | 2031-07-08 | 7.88% | XS2855391533 |
| Pegasus Hava Tasimaciligi AS | 6.79% | 2031-09-11 | 8.00% | US705567AB14 |
| Turkcell Iletisim Hizmetleri A.S. | 6.94% | 2032-01-24 | 7.65% | US900111AD77 |
| Turk Telekomunikasyon AS | 7.36% | 2032-10-07 | 6.95% | XS3194824747 |
| Turk Telekomunikasyon AS | 7.15% | 2032-10-07 | 6.95% | US90011QAE08 |
| Turkiye Garanti Bankasi AS | 8.02% | 2034-02-28 | 8.38% | US900148AF49 |
| Turkiye Garanti Bankasi AS | 8.08% | 2035-01-03 | 8.12% | US900148AG22 |
| Akbank TAS | 7.95% | 2035-09-04 | 7.88% | US00971YAM21 |
| Turkiye IS Bankasi A.S. | 7.79% | 2036-04-02 | 7.38% | US900151AN19 |
| Yapi VE Kredi Bankasi AS | 7.75% | 2036-06-11 | 7.55% | US984848AW11 |
| Limak Iskenderun Uluslararasi Liman Isletmeciligi A S | 9.34% | 2036-07-10 | 9.50% | US53263TAA51 |
| Turkiye IS Bankasi A.S. | 7.85% | 2037-02-05 | 7.58% | US900151AP66 |