欧洲稳定机制债券收益率（EUR）
拟合即期曲线，截至 2026-08-21
https://bondscovery.com/zh/yield-curve/esm-bonds
欧洲稳定机制债券收益率（EUR）（截至 2026-08-21）：10Y为3.49%，拟合曲线3M–30Y（2.44%–3.95%），共21只债券。实时图表、成分债券与远期利率见bondScovery。
也常被称为ESM债券、欧洲稳定机制债券收益率。下方曲线由欧洲稳定机制的21只债券拟合而成，涵盖从最短期票据到最长期债券，并随每日更新重建。
| 剩余期限 | 拟合收益率 | 远期利率 |
|---|---|---|
| 3M | 2.44% | — |
| 9M | 2.76% | 2.91% |
| 12M | 2.82% | 3.03% |
| 18M | 2.89% | 3.03% |
| 2Y | 2.94% | 3.07% |
| 3Y | 3.02% | 3.18% |
| 4Y | 3.09% | 3.33% |
| 5Y | 3.17% | 3.47% |
| 6Y | 3.24% | 3.60% |
| 7Y | 3.31% | 3.72% |
| 8Y | 3.37% | 3.82% |
| 9Y | 3.43% | 3.91% |
| 10Y | 3.49% | 3.99% |
| 15Y | 3.70% | 4.14% |
| 20Y | 3.83% | 4.22% |
| 30Y | 3.95% | 4.17% |
2年期、10年期与10年−2年利差走势
截至 2026-08-21，2年期收益率为2.94%，10年期为3.49%，10年−2年利差+55个基点，曲线呈正向倾斜。下方图表与表格记录了两者的变化。
每月取一个更新日的2年期、10年期拟合收益率及其利差。查看今日全部倒挂曲线 →
| 期限 | 最新2026-08-21 | 1个月前2026-07-22 | 2个月前2026-06-22 | 3个月前2026-05-22 | 4个月前2026-04-23 | 5个月前2026-03-24 | 6个月前2026-02-23 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.94% | 2.96% | 2.69% | 2.82% | 2.57% | — | 2.15% |
| 10Y | 3.49% | — | 3.20% | 3.39% | 3.25% | 3.33% | — |
| 10Y − 2Y | +55 bp | — | +51 bp | +58 bp | +67 bp | — | — |
曲线的成分债券
构成这条曲线的23只债券。灰色行的报价较早。
| 发行人 | 收益率 | 剩余期限 | 票息 | ISIN |
|---|---|---|---|---|
| European Stability Mechanism (ESM) | 2.20% | 2026-09-17 | 0.00% | EU000A4DMLT0 |
| European Stability Mechanism (ESM) | 2.33% | 2026-10-08 | 0.00% | EU000A4DMLX2 |
| European Stability Mechanism (ESM) | 2.37% | 2026-11-05 | 0.00% | EU000A4DMLY0 |
| European Stability Mechanism (ESM) | 2.49% | 2026-12-15 | 0.00% | EU000A1Z99N4 |
| European Stability Mechanism (ESM) | 3.11% | 2027-06-23 | 1.00% | EU000A1Z99Q7 |
| European Stability Mechanism (ESM) | 2.88% | 2027-09-30 | 2.38% | EU000A1Z99V7 |
| European Stability Mechanism (ESM) | 2.92% | 2028-03-15 | 3.00% | EU000A1Z99R5 |
| European Stability Mechanism (ESM) | 2.99% | 2028-11-17 | 2.12% | EU000A1Z99X3 |
| European Stability Mechanism (ESM) | 2.99% | 2029-03-05 | 0.50% | EU000A1Z99H6 |
| European Stability Mechanism (ESM) | 3.10% | 2029-09-18 | 2.62% | EU000A1Z99T1 |
| European Stability Mechanism (ESM) | 3.06% | 2030-03-04 | 0.01% | EU000A1Z99L8 |
| European Stability Mechanism (ESM) | 3.22% | 2031-06-02 | 2.75% | EU000A1Z99Z8 |
| European Stability Mechanism (ESM) | 3.16% | 2032-05-03 | 1.12% | EU000A1U9969 |
| European Stability Mechanism (ESM) | 3.25% | 2033-05-23 | 1.20% | EU000A1Z99D5 |
| European Stability Mechanism (ESM) | 3.29% | 2033-08-23 | 3.00% | EU000A1Z99S3 |
| European Stability Mechanism (ESM) | 3.33% | 2034-09-15 | 2.75% | EU000A1Z99U9 |
| European Stability Mechanism (ESM) | 3.37% | 2035-02-26 | 2.75% | EU000A1Z99W5 |
| European Stability Mechanism (ESM) | 3.45% | 2036-02-25 | 3.00% | EU000A1Z99Y1 |
| European Stability Mechanism (ESM) | 3.53% | 2036-11-17 | 1.62% | EU000A1U9928 |
| European Stability Mechanism (ESM) | 3.77% | 2042-07-18 | 0.88% | EU000A1U9977 |
| European Stability Mechanism (ESM) | 3.84% | 2045-10-20 | 1.75% | EU000A1U9902 |
| European Stability Mechanism (ESM) | 3.88% | 2046-11-02 | 1.80% | EU000A1Z99A1 |
| European Stability Mechanism (ESM) | 3.95% | 2055-12-01 | 1.85% | EU000A1U9936 |