Canada A–BBB Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/cad-corporate-a-bbb-canada
Canada A–BBB Corporate Bond Yields (CAD) as of 2026-09-10: 10Y at 5.19%, fitted curve 1M–30Y (2.49%–5.54%), 116 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.49% | — |
| 3M | 2.59% | 2.65% |
| 6M | 2.75% | 2.94% |
| 12M | 3.04% | 3.36% |
| 18M | 3.30% | 3.87% |
| 2Y | 3.54% | 4.33% |
| 3Y | 3.95% | 4.90% |
| 4Y | 4.28% | 5.43% |
| 5Y | 4.53% | 5.75% |
| 6Y | 4.72% | 5.95% |
| 7Y | 4.88% | 6.08% |
| 9Y | 5.10% | 6.22% |
| 10Y | 5.19% | 6.39% |
| 15Y | 5.48% | 6.50% |
| 20Y | 5.54% | 5.92% |
| 25Y | 5.54% | 5.67% |
| 30Y | 5.54% | 5.63% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.54% and the 10-year 5.19%, a 10Y−2Y spread of +165 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.54% | 4.16% | 3.27% | 3.92% | 3.83% | 3.27% | 3.19% |
| 10Y | 5.19% | 5.29% | 4.99% | — | — | 4.81% | 4.89% |
| 10Y − 2Y | +165 bp | +113 bp | +172 bp | — | — | +155 bp | +170 bp |
Bonds in this curve
A selection of 30 of the 160 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Manitoba Hydro-Electric Board | 2.33% | 2026-09-29 | 0.00% | CA563454WW30 |
| Suncor Energy INC | 2.56% | 2026-09-28 | 0.00% | CA867231WV02 |
| Ontario Power Generation INC | 2.55% | 2026-11-18 | 0.00% | CA68322AYK55 |
| National Bank of Canada | 2.61% | 2026-12-07 | 4.97% | CA63306AHU30 |
| National Bank of Canada | 2.81% | 2027-02-08 | 4.27% | CA136765BZ64 |
| Rogers Communications INC | 3.41% | 2027-03-01 | 3.80% | CA775109CM19 |
| National Bank of Canada | 3.08% | 2027-09-02 | 5.15% | CA136765BU77 |
| Loblaw Companies Limited | 3.80% | 2027-11-08 | 6.65% | CA53947ZAC10 |
| Cenovus Energy INC | 2.82% | 2028-02-07 | 3.50% | CA15135UAT66 |
| Equitable Bank | 3.71% | 2028-05-05 | 3.74% | CA29446NAR13 |
| National Bank of Canada | 3.77% | 2028-06-14 | 5.22% | CA63306AHP45 |
| Loblaw Companies Limited | 4.14% | 2029-01-22 | 6.50% | CA53947ZAF41 |
| Rogers Communications INC | 4.07% | 2029-05-01 | 3.25% | CA775109BJ98 |
| Telus Corp | 4.02% | 2029-05-02 | 3.30% | CA87971MBJ14 |
| Hydro ONE INC | 4.43% | 2030-06-03 | 7.35% | CA448810AC58 |
| Saputo INC | 4.35% | 2030-11-20 | 5.49% | CA80310ZAM10 |
| Bell Canada | 4.11% | 2031-03-17 | 3.00% | CA07813ZCG78 |
| Loblaw Companies Limited | 4.69% | 2032-03-01 | 6.85% | CA53947ZAS61 |
| Transcanada Pipelines Limited | 4.58% | 2032-05-12 | 5.33% | CA89353ZCK27 |
| Hydro ONE INC | 4.46% | 2032-06-01 | 6.93% | CA44810ZAB63 |
| Telus Corp | 4.85% | 2033-09-08 | 5.75% | CA87971MCC51 |
| Hydro ONE INC | 4.61% | 2034-01-31 | 6.35% | CA44810ZAD20 |
| Metro INC | 5.01% | 2035-10-15 | 5.97% | CA59162ZAB81 |
| Loblaw Companies Limited | 5.13% | 2036-01-18 | 5.90% | CA53947ZAY30 |
| Enbridge INC | 5.02% | 2036-12-19 | 5.08% | CA29251ZCT27 |
| Hydro ONE INC | 5.21% | 2039-03-03 | 6.03% | CA44810ZAX83 |
| Power Corporation of Canada | 5.59% | 2039-04-22 | 8.57% | CA739239AC53 |
| Enbridge INC | 5.64% | 2045-09-29 | 4.55% | CA29251ZCX39 |
| Bell Canada | 5.98% | 2053-02-09 | 5.15% | CA07813ZCM47 |
| Bell Canada | 5.93% | 2056-06-03 | 5.30% | CA07816ZA274 |