United Arab Emirates Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-united-arab-emirates-non-callable
United Arab Emirates Non-Callable Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.91%, fitted curve 12M–30Y (5.31%–6.43%), 37 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 5.31% | — |
| 18M | 5.31% | 5.39% |
| 2Y | 5.31% | 5.40% |
| 3Y | 5.33% | 5.43% |
| 4Y | 5.35% | 5.49% |
| 5Y | 5.38% | 5.61% |
| 8Y | 5.62% | 6.24% |
| 9Y | 5.76% | 7.36% |
| 10Y | 5.91% | 7.97% |
| 15Y | 6.37% | 8.05% |
| 20Y | 6.43% | 6.88% |
| 25Y | 6.43% | 6.58% |
| 30Y | 6.43% | 6.54% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.31% and the 10-year 5.91%, a 10Y−2Y spread of +60 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 | 5.31% | 5.18% | 5.08% | 5.13% | 4.87% | 4.98% | 4.69% |
| 10Y | 5.91% | 5.76% | 5.59% | 5.51% | 5.54% | 5.72% | 5.35% |
| 10Y − 2Y | +60 bp | +58 bp | +51 bp | +38 bp | +67 bp | +74 bp | +66 bp |
Yields by rating group
The same curve split by credit quality: 45 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.35%, A+ to BBB- 5.83%, Speculative 5.59%.
Bonds in this curve
A selection of 30 of the 46 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| First ABU Dhabi Bank Pjsc | 4.67% | 2027-10-13 | 5.12% | XS2539374673 |
| Oztel Holdings SPC LTD | 5.59% | 2028-04-24 | 6.62% | XS1805476659 |
| First ABU Dhabi Bank Pjsc | 5.41% | 2028-06-06 | 4.77% | XS2615919284 |
| Commercial Bank of Dubai PSC | 5.46% | 2028-06-14 | 5.32% | XS2633553933 |
| ABU Dhabi Commercial Bank Pjsc | 5.30% | 2028-07-18 | 5.38% | XS2651081304 |
| DP World Limited | 5.79% | 2028-09-26 | 4.85% | XS1883963990 |
| Emirates NBD Bank Pjsc | 5.20% | 2028-10-11 | 5.88% | XS2625209270 |
| Mdgh Gmtn (RSC) LTD | 5.34% | 2029-04-19 | 3.75% | XS1598828298 |
| The National Bank of RAS AL-Khaimah PSC | 5.83% | 2029-07-25 | 5.38% | XS2765600262 |
| Adnoc Murban RSC LTD | 5.27% | 2029-09-11 | 4.25% | XS2898198358 |
| ABU Dhabi Crude OIL Pipeline LLC | 5.43% | 2029-11-02 | 3.65% | XS1709529520 |
| ABU Dhabi National Energy Company Pjsc | 5.27% | 2030-04-23 | 4.88% | XS1808738212 |
| ABU Dhabi Developmental Holding Company Pjsc | 5.30% | 2030-05-06 | 4.50% | XS3061310101 |
| First ABU Dhabi Bank Pjsc | 5.32% | 2030-09-10 | 4.38% | XS3096211076 |
| Arab Bank FOR Investment and Foreign Trade | 5.84% | 2031-01-29 | 5.11% | XS3280434757 |
| ABU Dhabi National Energy Company Pjsc | 5.15% | 2031-08-03 | 5.12% | US00388WAV37 |
| ABU Dhabi Developmental Holding Company Pjsc | 5.46% | 2031-10-02 | 4.38% | XS2907161363 |
| ABU Dhabi National Energy Company Pjsc | 5.49% | 2031-10-09 | 4.38% | XS2911044019 |
| Adnoc Murban RSC LTD | 5.53% | 2034-09-11 | 4.50% | XS2898198432 |
| ABU Dhabi Developmental Holding Company Pjsc | 5.61% | 2035-05-06 | 5.00% | XS3061312909 |
| DP World Limited | 5.95% | 2035-05-08 | 5.50% | XS3066663124 |
| DP World Limited | 5.75% | 2035-05-08 | 5.50% | US260979AA70 |
| ABU Dhabi National Energy Company Pjsc | 5.87% | 2036-10-27 | 6.50% | XS0272949016 |
| ABU Dhabi National Energy Company Pjsc | 5.75% | 2037-03-09 | 4.75% | XS2911046147 |
| DP World Limited | 6.50% | 2037-07-02 | 6.85% | XS0308427581 |
| Mdgh Gmtn (RSC) LTD | 6.07% | 2041-11-01 | 6.88% | XS0701227075 |
| DP World Limited | 6.91% | 2048-09-25 | 5.62% | XS1883879006 |
| ABU Dhabi National Energy Company Pjsc | 6.30% | 2049-10-03 | 4.00% | XS2060897506 |
| Adnoc Murban RSC LTD | 6.39% | 2054-09-11 | 5.12% | XS2898198515 |
| ABU Dhabi Developmental Holding Company Pjsc | 6.39% | 2054-10-02 | 5.25% | XS2907245208 |