德国国债（Bund）收益率
拟合即期曲线，截至 2026-10-26
https://bondscovery.com/zh/yield-curve/german-bunds
德国国债（Bund）收益率（截至 2026-10-26）：10Y为3.36%，拟合曲线1M–30Y（2.48%–3.67%），共89只债券。实时图表、成分债券与远期利率见bondScovery。
也常被称为德债收益率、德国国债利率、Bundesanleihen。下方曲线由德国国债（Bund）的89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 |
|---|---|---|
| 1M | 2.48% | — |
| 3M | 2.56% | 2.61% |
| 6M | 2.70% | 2.84% |
| 9M | 2.82% | 3.05% |
| 12M | 2.90% | 3.14% |
| 18M | 3.00% | 3.22% |
| 2Y | 3.06% | 3.22% |
| 3Y | 3.09% | 3.17% |
| 4Y | 3.11% | 3.16% |
| 5Y | 3.16% | 3.37% |
| 6Y | 3.21% | 3.49% |
| 7Y | 3.25% | 3.48% |
| 8Y | 3.27% | 3.47% |
| 9Y | 3.31% | 3.64% |
| 10Y | 3.36% | 3.97% |
| 15Y | 3.57% | 4.11% |
| 20Y | 3.63% | 3.91% |
| 25Y | 3.66% | 3.83% |
| 30Y | 3.67% | 3.77% |
2年期、10年期与10年−2年利差走势
截至 2026-10-26，2年期收益率为3.06%，10年期为3.36%，10年−2年利差+30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2026-10-26 | 1个月前2026-09-25 | 2个月前2026-08-27 | 3个月前2026-07-28 | 4个月前2026-06-29 | 5个月前2026-05-29 | 6个月前2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.06% | 3.22% | 2.79% | 2.71% | 2.50% | 2.51% | 2.60% |
| 10Y | 3.36% | 3.63% | 3.25% | 3.13% | 2.90% | 2.98% | 3.10% |
| 10Y − 2Y | +30 bp | +41 bp | +45 bp | +42 bp | +40 bp | +47 bp | +50 bp |
曲线的成分债券
构成这条曲线的89只债券中的30只，按期限分布选取。
| 发行人 | 收益率 | 剩余期限 | 票息 | ISIN |
|---|---|---|---|---|
| Germany | 1.95% | 2026-11-18 | 0.00% | DE000BU0E352 |
| Germany | 1.95% | 2026-12-09 | 0.00% | DE000BU0E378 |
| Germany | 2.54% | 2027-01-13 | 0.00% | DE000BU0E360 |
| Germany | 2.64% | 2027-02-15 | 0.25% | DE0001102416 |
| Germany | 2.63% | 2027-04-14 | 0.00% | DE000BU0E402 |
| Germany | 2.70% | 2027-04-16 | 0.00% | DE0001141851 |
| Germany | 2.82% | 2027-06-16 | 0.00% | DE000BU0E428 |
| Germany | 2.74% | 2027-07-14 | 0.00% | DE000BU0E436 |
| Germany | 2.91% | 2027-09-15 | 0.00% | DE000BU0E451 |
| Germany | 2.92% | 2027-09-16 | 1.90% | DE000BU22106 |
| Germany | 2.98% | 2028-02-15 | 0.50% | DE0001102440 |
| Germany | 2.96% | 2028-03-15 | 2.10% | DE000BU22122 |
| Germany | 3.01% | 2028-08-15 | 0.25% | DE0001102457 |
| Germany | 3.06% | 2028-09-13 | 2.70% | DE000BU22148 |
| Germany | 3.05% | 2029-08-15 | 0.00% | DE0001102473 |
| Germany | 3.09% | 2029-10-11 | 2.50% | DE000BU25034 |
| Germany | 3.09% | 2030-08-15 | 0.00% | DE0001030708 |
| Germany | 3.11% | 2030-08-15 | 0.00% | DE0001102507 |
| Germany | 3.14% | 2031-08-15 | 0.00% | DE0001102564 |
| Germany | 3.17% | 2031-10-08 | 2.90% | DE000BU25075 |
| Germany | 3.20% | 2032-08-15 | 1.70% | DE0001102606 |
| Germany | 3.23% | 2032-11-15 | 2.50% | DE000BU27014 |
| Germany | 3.23% | 2033-08-15 | 2.60% | DE000BU2Z015 |
| Germany | 3.23% | 2034-07-04 | 4.75% | DE0001135226 |
| Germany | 3.30% | 2035-05-15 | 0.00% | DE0001102515 |
| Germany | 3.38% | 2036-05-15 | 0.00% | DE0001102549 |
| Germany | 3.50% | 2039-07-04 | 4.25% | DE0001135325 |
| Germany | 3.67% | 2044-07-04 | 2.50% | DE0001135481 |
| Germany | 3.66% | 2050-08-15 | 0.00% | DE0001102481 |
| Germany | 3.68% | 2056-08-15 | 2.90% | DE000BU2D012 |