Polish sovereign zero-coupon yield curve
Daily NSS-fitted curves, 2005-2026. Monthly snapshots with the underlying bond panel, 1y forwards, the NBP Survey of Professional Forecasters implied path, and US/euro-area comparison.
Zero-coupon curve and bond panel
NSS fit (solid line) with the underlying coupon-bond panel as bubbles, sized by outstanding amount. Salmon dots are long-end bonds (>7y), dark blue is the belly (1.5–7y), grey is the short end. Click any bond row in the table to highlight it on the curve and show its YTM history.
1-year forwards and NBP forecasters
Implied 1-year-spaced forward rates from the NSS fit (solid line) compared to the latest NBP Survey of Professional Forecasters short-rate path (dashed). Both shown with origin at the snapshot date.
Bond panel — click a row to highlight on the curve
All bonds in the snapshot fit, sorted by time-to-maturity. Outstanding amount in PLN bn, prior-month BondSpot turnover in PLN bn, fitted YTM in percent.
| ISIN | Series | TTM (y) | YTM (%) | Outstanding (PLNbn) | Turnover prior month (PLNbn) | Segment |
|---|
Selected bond — YTM history
Click a bond row above to load its weekly YTM history.
Cross-country snapshot
PL versus US (GSW Treasury) versus euro-area AAA zero-coupon yields at 2y, 5y, 10y on the snapshot date.
Time series
Methodology: liquidity-weighted Nelson-Siegel-Svensson (LW-NSS) on BondSpot venue closing fixings. Weights derived from Min-Fin disclosures of outstanding amounts and prior-month turnover. NBP Survey of Professional Forecasters implied path constructed from quarterly survey releases. US zeros from Gürkaynak-Sack-Wright. Euro-area zeros from the ECB AAA spot-rate database. Build date 2026-05-10.