AU 2Y
Maturity Apr 2028
3.58% yield
Price
99.42
Coupon
3.25%
Fixed Income
Australian Bonds
Live prices and yields for Australian Government Bonds (AGBs), plus tools to calculate yield-to-maturity on any bond and model home loan repayments against prevailing rates.
Australian Government Bond Yields
Reference yield board for major AGB tenors. Figures are displayed natively so clients do not see unsupported external-symbol messages.
Indicative market levels
+0.03 bp
AU 5Y
Maturity Jun 2031
3.91% yield
Price
97.84
Coupon
3.75%
AU 10Y
Maturity Nov 2035
4.28% yield
Price
95.76
Coupon
4.25%
AU 30Y
Maturity Mar 2054
4.72% yield
Price
91.18
Coupon
4.50%
10-Year AGB Yield Trend
AU 10Y benchmark
4.28%
12 month range: 4.07%–4.39%
Yield Curve
Current curve slopes upward, with longer maturities offering higher compensation for duration risk.
AU 2Y3.58%
AU 5Y3.91%
AU 10Y4.28%
AU 30Y4.72%
2Y/10Y spread: 0.70% · 10Y/30Y spread: 0.44%
Curve Compare — AU vs US & Germany
Market2Y5Y10Y30Y
Australia3.58%3.91%4.28%4.72%
United States3.64%3.92%4.14%4.69%
Germany1.89%2.14%2.48%2.87%
Bond Yield Calculator
Compute yield-to-maturity, current yield, and periodic coupon.
Yield to maturity
4.437%
Current yield
4.315%
Coupon / period
$21.25
Mortgage Calculator
Estimate monthly repayments and total interest over the loan term.
Monthly repayment
$4,613
Total interest
$910,681
Total repaid
$1,660,681
Indicative only. Actual repayments depend on lender fees, offset arrangements, and rate changes over the term.
About Australian Government Bonds
AGBs are debt securities issued by the Australian Office of Financial Management (AOFM) on behalf of the Commonwealth. They are considered the risk-free benchmark for AUD-denominated fixed income and are used as the reference curve for corporate credit, mortgage pricing, and derivative markets. Prices and yields move inversely: when yields rise, bond prices fall.