Chinese Government Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-government-china-china
Chinese Government Bond Yields (USD) as of 2026-10-26: 5Y at 4.50%, fitted curve 12M–5Y (4.45%–4.50%), 10 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 4.45% | — |
| 2Y | 4.46% | 4.52% |
| 3Y | 4.47% | 4.55% |
| 4Y | 4.49% | 4.59% |
| 5Y | 4.50% | 4.61% |
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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-09-01 | 3m ago2026-07-28 | 4m ago2026-06-26 | 5m ago2026-05-27 | 6m ago2026-04-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.46% | 4.70% | 4.15% | 4.24% | 3.89% | 4.08% | 3.93% |
| 10Y | — | — | — | — | — | — | — |
| 10Y − 2Y | — | — | — | — | — | — | — |
Bonds in this curve
The 10 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| China | 4.50% | 2027-10-28 | 7.50% | US712219AG90 |
| China | 4.46% | 2027-11-02 | 2.62% | XS1706605281 |
| China | 4.42% | 2027-11-20 | 4.12% | USY15025AE24 |
| China | 4.46% | 2028-10-19 | 3.50% | XS1891574441 |
| China | 4.44% | 2028-11-13 | 3.62% | USY5325QAH57 |
| China | 4.39% | 2029-11-20 | 4.25% | USY15025AF98 |
| China | 4.44% | 2029-12-03 | 2.12% | XS2084425110 |
| China | 4.55% | 2030-10-21 | 1.20% | USY15025AC67 |
| China | 4.54% | 2030-11-13 | 3.75% | USY5325QAJ14 |
| China | 4.51% | 2031-10-26 | 1.75% | USY5325QAF91 |