European Bond Spreads

The European Bond Spread table below measures the yield spread against the German benchmark for key European countries. Yields are calculated from executable best bid prices from the MTS Cash market. FTSE MTS indices are based on real-time, tradable prices (not indicative) direct from the MTS trading platform, offering a level of transparency and replicability that is unique in the bond markets.

European Bond Yields and Spreads

  • 2yr
  • 5yr
  • 10yr

Country

Yield

Spread*

Close†

Change‡

Germany (0% 14 Dec 2018)
-0.88 - -0.91 0.03
France (0% 25 Feb 2019)
-0.50 +38 -0.41 -0.09
Belgium (3% 28 Sep 2019)
-0.55 +33 -0.52 -0.03
Italy (0.1% 15 Apr 2019)
0.19 +107 0.22 -0.03
Spain (0.25% 30 Apr 2018)
-0.24 +63 -0.24 -0.01

Country

Yield

Spread*

Close†

Change‡

Germany (0% 08 Apr 2022)
-0.54 - -0.55 0.01
France (0% 25 May 2022)
0.09 +63 0.21 -0.12
Belgium (4.25% 28 Sep 2022)
-0.20 +34 -0.15 -0.05
Italy (0.35% 1 Nov 2021)
0.97 +151 1.01 -0.04
Spain (0.75% 30 Jul 2021)
0.35 +90 0.37 -0.02

Country

Yield

Spread*

Close†

Change‡

Germany (0.25% 15 Feb 2027)
0.26 - 0.26 -0.01
France (0.25% 25 Nov 2026)
0.98 +72 1.08 -0.10
Belgium (0.8% 22 Jun 2027)
0.75 +49 0.81 -0.07
Italy (1.25% 1 Dec 2026)
2.21 +196 2.27 -0.06
Spain (1.3% 31 Oct 2026)
1.68 +142 1.74 -0.06
Denmark (0.5% 15 Nov 2027)
0.56 +31 0.57 -0.01
Finland (0.5% 15 Apr 2026)
0.43 +17 0.46 -0.03
Netherlands (0.75% 15 Jul 2027)
0.55 +29 0.59 -0.04
Austria (0.75% 20 Oct 2026)
0.53 +28 0.57 -0.04
Czech Republic (1% 26 Jun 2026)
0.60 +35 0.67 -0.07
Ireland (1% 15 May 2026)
1.00 +75 1.11 -0.11
Slovenia (1.250% 22 Mar 2027)
1.45 +120 1.46 -0.01
Hungary (3% 27 Oct 2027)
3.53 +328 3.57 -0.04
Portugal (2.875% 21 Jul 2026)
3.97 +372 4.15 -0.18