Canada A–BBB Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/cad-corporate-a-bbb-canada
Canada A–BBB Corporate Bond Yields (CAD) as of 2026-07-27: 10Y at 5.23%, fitted curve 1M–30Y (2.38%–5.55%), 131 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.38% | — |
| 3M | 2.54% | 2.62% |
| 6M | 2.78% | 3.02% |
| 12M | 3.23% | 3.68% |
| 18M | 3.64% | 4.45% |
| 2Y | 3.99% | 5.05% |
| 3Y | 4.51% | 5.57% |
| 4Y | 4.83% | 5.80% |
| 5Y | 5.02% | 5.75% |
| 6Y | 5.12% | 5.62% |
| 7Y | 5.17% | 5.50% |
| 8Y | 5.20% | 5.41% |
| 9Y | 5.22% | 5.35% |
| 10Y | 5.23% | 5.33% |
| 15Y | 5.28% | 5.39% |
| 20Y | 5.40% | 5.76% |
| 25Y | 5.53% | 6.03% |
| 30Y | 5.55% | 5.66% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.99% and the 10-year 5.23%, a 10Y−2Y spread of +124 bp — positively sloped — as of 2026-07-27. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.99% | 3.79% | 3.86% | 3.31% | 3.96% | 2.87% | 3.09% |
| 10Y | 5.23% | 5.01% | — | — | 4.85% | 4.53% | 4.61% |
| 10Y − 2Y | +124 bp | +122 bp | — | — | +88 bp | +166 bp | +152 bp |
Bonds in this curve
A selection of 30 of the 264 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Inter Pipeline (Corridor) INC | 2.45% | 2026-08-25 | 0.00% | CA45834AVS00 |
| National Bank of Canada | 2.28% | 2026-08-28 | 0.00% | CA633062VV37 |
| Inter Pipeline (Corridor) INC | 2.53% | 2026-10-23 | 0.00% | CA45834AXQ26 |
| National Bank of Canada | 2.78% | 2026-12-07 | 4.97% | CA63306AHU30 |
| First Capital Real Estate Investment Trust | 2.92% | 2027-01-22 | 3.46% | CA319415AC92 |
| Rogers Communications INC | 3.43% | 2027-03-01 | 3.80% | CA775109CM19 |
| First Capital Real Estate Investment Trust | 3.31% | 2027-07-12 | 3.75% | CA319415AB10 |
| National Bank of Canada | 3.03% | 2027-09-02 | 5.15% | CA136765BU77 |
| Loblaw Companies Limited | 3.36% | 2027-11-08 | 6.65% | CA53947ZAC10 |
| Toronto-Dominion Bank | 4.73% | 2028-01-13 | 3.91% | US89115KAK60 |
| Toronto-Dominion Bank | 4.74% | 2028-06-02 | 4.57% | US89115KAD28 |
| National Bank of Canada | 3.47% | 2028-06-14 | 5.22% | CA63306AHP45 |
| National Bank of Canada | 3.54% | 2029-02-01 | 5.02% | CA63306AHT66 |
| Toronto-Dominion Bank | 4.85% | 2029-04-23 | 4.36% | US89115KAP57 |
| Royal Bank of Canada | 4.83% | 2030-04-17 | 4.40% | US78017DAT54 |
| Hydro ONE INC | 4.02% | 2030-06-03 | 7.35% | CA448810AC58 |
| Royal Bank of Canada | 5.01% | 2031-02-04 | 5.15% | US78017DAC20 |
| Bell Canada | 3.82% | 2031-03-17 | 3.00% | CA07813ZCG78 |
| Loblaw Companies Limited | 4.30% | 2032-03-01 | 6.85% | CA53947ZAS61 |
| Royal Bank of Canada | 5.04% | 2032-05-03 | 4.61% | US78017DAV01 |
| Loblaw Companies Limited | 4.45% | 2033-02-17 | 6.54% | CA53947ZAT45 |
| Toronto-Dominion Bank | 5.26% | 2033-04-22 | 4.87% | US89115KAR14 |
| Hydro ONE INC | 4.31% | 2034-01-31 | 6.35% | CA44810ZAD20 |
| National Bank of Canada | 4.72% | 2034-02-15 | 5.28% | CA63309ZNM63 |
| Metro INC | 4.62% | 2035-10-15 | 5.97% | CA59162ZAB81 |
| Enbridge INC | 4.77% | 2036-12-19 | 5.08% | CA29251ZCT27 |
| Hydro ONE INC | 4.88% | 2039-03-03 | 6.03% | CA44810ZAX83 |
| Suncor Energy INC | 6.23% | 2047-11-15 | 4.00% | US867224AB33 |
| Bell Canada | 5.61% | 2053-02-09 | 5.15% | CA07813ZCM47 |
| Bell Canada | 5.65% | 2056-06-03 | 5.30% | CA07816ZA274 |