Canada A–BBB Non-Callable Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/cad-corporate-a-bbb-canada-non-callable
Canada A–BBB Non-Callable Corporate Bond Yields (CAD) as of 2026-07-27: 10Y at 5.28%, fitted curve 3M–30Y (3.03%–5.58%), 46 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.03% | — |
| 6M | 3.14% | 3.25% |
| 12M | 3.36% | 3.58% |
| 18M | 3.58% | 4.00% |
| 2Y | 3.78% | 4.39% |
| 3Y | 4.15% | 4.89% |
| 4Y | 4.45% | 5.39% |
| 5Y | 4.70% | 5.70% |
| 6Y | 4.89% | 5.86% |
| 7Y | 5.04% | 5.91% |
| 8Y | 5.14% | 5.89% |
| 9Y | 5.22% | 5.84% |
| 10Y | 5.28% | 5.78% |
| 15Y | 5.39% | 5.61% |
| 20Y | 5.46% | 5.67% |
| 25Y | 5.58% | 6.04% |
| 30Y | 5.58% | 5.59% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.78% and the 10-year 5.28%, a 10Y−2Y spread of +150 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 |
|---|---|---|
| 2Y | 3.78% | 3.62% |
| 10Y | 5.28% | 5.00% |
| 10Y − 2Y | +150 bp | +138 bp |
Bonds in this curve
A selection of 30 of the 50 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| 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 |
| Cenovus Energy INC | 3.53% | 2028-02-07 | 3.50% | CA15135UAT66 |
| Toronto-Dominion Bank | 4.74% | 2028-06-02 | 4.57% | US89115KAD28 |
| National Bank of Canada | 3.47% | 2028-06-14 | 5.22% | CA63306AHP45 |
| Toronto-Dominion Bank | 4.79% | 2028-10-13 | 4.11% | US89115KAE01 |
| National Bank of Canada | 3.54% | 2029-02-01 | 5.02% | CA63306AHT66 |
| Toronto-Dominion Bank | 4.85% | 2029-04-23 | 4.36% | US89115KAP57 |
| Toronto-Dominion Bank | 4.88% | 2029-07-27 | 4.85% | US89115KAS96 |
| Royal Bank of Canada | 4.83% | 2030-04-17 | 4.40% | US78017DAT54 |
| Toronto-Dominion Bank | 4.91% | 2030-06-03 | 4.81% | US89115KAB61 |
| Saputo INC | 4.10% | 2030-11-20 | 5.49% | CA80310ZAM10 |
| Royal Bank of Canada | 5.01% | 2031-02-04 | 5.15% | US78017DAC20 |
| Bell Canada | 3.82% | 2031-03-17 | 3.00% | CA07813ZCG78 |
| Royal Bank of Canada | 5.04% | 2032-05-03 | 4.61% | US78017DAV01 |
| Transcanada Pipelines Limited | 4.23% | 2032-05-12 | 5.33% | CA89353ZCK27 |
| Toronto-Dominion Bank | 5.26% | 2033-04-22 | 4.87% | US89115KAR14 |
| National Bank of Canada | 4.72% | 2034-02-15 | 5.28% | CA63309ZNM63 |
| Toronto-Dominion Bank | 5.47% | 2035-10-15 | 4.93% | US89115KAJ97 |
| Enbridge INC | 4.77% | 2036-12-19 | 5.08% | CA29251ZCT27 |
| Rogers Communications INC | 5.32% | 2039-11-09 | 6.75% | CA775109CT61 |
| Rogers Communications INC | 5.31% | 2041-03-22 | 6.56% | CA775109AT89 |
| Enbridge INC | 5.43% | 2045-09-29 | 4.55% | CA29251ZCX39 |
| Suncor Energy INC | 6.23% | 2047-11-15 | 4.00% | US867224AB33 |
| Enbridge INC | 5.54% | 2049-02-22 | 4.33% | CA29261ZAB19 |
| Bell Canada | 5.61% | 2053-02-09 | 5.15% | CA07813ZCM47 |
| Bell Canada | 5.65% | 2056-06-03 | 5.30% | CA07816ZA274 |