德国国债（Bund）收益率
拟合即期曲线，截至 2026-09-10
https://bondscovery.com/zh/yield-curve/german-bunds
德国国债（Bund）收益率（截至 2026-09-10）：10Y为3.50%，拟合曲线1M–30Y（2.42%–3.90%），共88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88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 | 2.42% | — |
| 3M | 2.53% | 2.59% |
| 6M | 2.72% | 2.94% |
| 9M | 2.86% | 3.20% |
| 12M | 2.95% | 3.20% |
| 18M | 3.04% | 3.25% |
| 2Y | 3.09% | 3.29% |
| 3Y | 3.17% | 3.35% |
| 4Y | 3.22% | 3.40% |
| 5Y | 3.25% | 3.45% |
| 6Y | 3.29% | 3.53% |
| 7Y | 3.33% | 3.65% |
| 8Y | 3.38% | 3.80% |
| 9Y | 3.44% | 4.00% |
| 10Y | 3.50% | 4.23% |
| 15Y | 3.75% | 4.47% |
| 20Y | 3.84% | 4.29% |
| 25Y | 3.88% | 4.20% |
| 30Y | 3.90% | 4.13% |
2年期、10年期与10年−2年利差走势
截至 2026-09-10，2年期收益率为3.09%，10年期为3.50%，10年−2年利差+41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2026-09-10 | 1个月前2026-08-11 | 2个月前2026-07-13 | 3个月前2026-06-12 | 4个月前2026-05-13 | 5个月前2026-04-13 | 6个月前2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.09% | 2.72% | 2.65% | 2.59% | 2.62% | 2.58% | 2.34% |
| 10Y | 3.50% | 3.18% | 3.11% | 3.04% | 3.12% | 3.11% | 2.98% |
| 10Y − 2Y | +41 bp | +45 bp | +46 bp | +45 bp | +50 bp | +53 bp | +64 bp |
曲线的成分债券
构成这条曲线的88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 | 2.42% | 2026-10-09 | 0.00% | DE0001141844 |
| Germany | 2.19% | 2026-10-14 | 0.00% | DE000BU0E345 |
| Germany | 2.33% | 2026-11-18 | 0.00% | DE000BU0E352 |
| Germany | 2.44% | 2026-12-09 | 0.00% | DE000BU0E378 |
| Germany | 2.64% | 2027-02-15 | 0.25% | DE0001102416 |
| Germany | 2.67% | 2027-02-17 | 0.00% | DE000BU0E386 |
| Germany | 2.77% | 2027-05-12 | 0.00% | DE000BU0E410 |
| Germany | 2.88% | 2027-06-10 | 1.70% | DE000BU22098 |
| Germany | 2.88% | 2027-08-15 | 0.50% | DE0001102424 |
| Germany | 2.92% | 2027-08-18 | 0.00% | DE000BU0E444 |
| Germany | 3.05% | 2027-12-16 | 2.00% | DE000BU22114 |
| Germany | 3.10% | 2028-01-04 | 5.62% | DE0001135069 |
| Germany | 3.15% | 2028-06-14 | 2.50% | DE000BU22130 |
| Germany | 2.96% | 2028-07-04 | 4.75% | DE0001135085 |
| Germany | 3.18% | 2029-04-12 | 2.10% | DE000BU25026 |
| Germany | 3.19% | 2029-04-12 | 2.10% | DE000BU35025 |
| Germany | 3.23% | 2030-04-18 | 2.40% | DE000BU25042 |
| Germany | 3.20% | 2030-08-15 | 0.00% | DE0001030708 |
| Germany | 3.24% | 2031-04-16 | 2.50% | DE000BU25067 |
| Germany | 3.25% | 2031-08-15 | 0.00% | DE0001030732 |
| Germany | 3.28% | 2032-08-15 | 1.70% | DE0001102606 |
| Germany | 3.24% | 2032-11-15 | 2.50% | DE000BU27014 |
| Germany | 3.34% | 2033-08-15 | 2.60% | DE000BU2Z015 |
| Germany | 3.35% | 2034-07-04 | 4.75% | DE0001135226 |
| Germany | 3.42% | 2035-05-15 | 0.00% | DE0001102515 |
| Germany | 3.48% | 2036-05-15 | 0.00% | DE0001102549 |
| Germany | 3.64% | 2039-07-04 | 4.25% | DE0001135325 |
| Germany | 3.81% | 2044-07-04 | 2.50% | DE0001135481 |
| Germany | 3.90% | 2050-08-15 | 0.00% | DE0001030724 |
| Germany | 3.89% | 2054-08-15 | 2.50% | DE000BU2D004 |