UK Nominal Spot Yield Curve

UK nominal spot yield curve is a graphical representation of spot interest rates on UK government bonds across different maturities. The zero-coupon rates represented by this benchmark form the foundation of many bond valuation and derivatives pricing models. The Bank of England constructs the curve using nominal spot rates derived from conventional government bonds (Gilts) with maturities greater than three months. Inflation-linked securities, perpetual bonds, securities with embedded options, and floating-rate instruments are excluded from the calculation. The curve includes 125 tenors ranging from 6 months to 40 years. Values are published on each business day for the previous trading day.

The data on the curves on the page is available for the past 3 years — access to additional data is available through the Cbn-data API