Canadian 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-non-callable
Canadian A–BBB Non-Callable Corporate Bond Yields (CAD) as of 2026-07-27: 10Y at 4.91%, fitted curve 3M–30Y (3.19%–5.57%), 94 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.19% | — |
| 6M | 3.25% | 3.31% |
| 12M | 3.36% | 3.47% |
| 18M | 3.47% | 3.69% |
| 2Y | 3.58% | 3.91% |
| 3Y | 3.79% | 4.22% |
| 4Y | 4.00% | 4.60% |
| 5Y | 4.19% | 4.95% |
| 6Y | 4.36% | 5.24% |
| 7Y | 4.52% | 5.49% |
| 8Y | 4.67% | 5.68% |
| 9Y | 4.79% | 5.83% |
| 10Y | 4.91% | 5.94% |
| 15Y | 5.29% | 6.06% |
| 20Y | 5.46% | 5.99% |
| 25Y | 5.54% | 5.83% |
| 30Y | 5.57% | 5.72% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.58% and the 10-year 4.91%, a 10Y−2Y spread of +133 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 | 3.58% | 3.43% | 3.56% | 3.32% | 3.45% | 2.96% | 3.08% |
| 10Y | 4.91% | 4.73% | 4.78% | 4.68% | 4.89% | — | 4.65% |
| 10Y − 2Y | +133 bp | +130 bp | +122 bp | +136 bp | +144 bp | — | +157 bp |
Bonds in this curve
A selection of 30 of the 100 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| National Bank of Canada | 2.78% | 2026-12-07 | 4.97% | CA63306AHU30 |
| Daimler Truck Finance North America LLC | 2.47% | 2026-12-15 | 2.46% | CA233852AE28 |
| Deere & Company | 3.38% | 2027-01-20 | 4.36% | CA47788ZAQ42 |
| Deere & Company | 3.44% | 2027-06-14 | 4.95% | CA47788ZAN11 |
| Daimler Truck Finance North America LLC | 3.61% | 2027-09-20 | 5.22% | CA233852AF92 |
| Cenovus Energy INC | 3.53% | 2028-02-07 | 3.50% | CA15135UAT66 |
| Verizon Communications | 3.44% | 2028-03-22 | 2.38% | CA92343VFY52 |
| Ford Motor Company | 4.15% | 2028-05-23 | 5.24% | CA34527ACY43 |
| Toronto-Dominion Bank | 4.74% | 2028-06-02 | 4.57% | US89115KAD28 |
| National Bank of Canada | 3.54% | 2029-02-01 | 5.02% | CA63306AHT66 |
| Deere & Company | 3.53% | 2029-04-04 | 4.63% | CA47788ZAR25 |
| Royal Bank of Canada | 4.83% | 2030-04-17 | 4.40% | US78017DAT54 |
| Toronto-Dominion Bank | 4.91% | 2030-06-03 | 4.81% | US89115KAB61 |
| 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 |
| Molson Coors International LP | 4.39% | 2033-07-08 | 4.30% | CA608930AA13 |
| National Bank of Canada | 4.72% | 2034-02-15 | 5.28% | CA63309ZNM63 |
| Prologis LP | 4.53% | 2034-05-15 | 4.25% | CA74340XCT69 |
| Nextera Energy Capital Holdings INC | 4.53% | 2035-06-12 | 4.67% | CA65339KDT49 |
| Toronto-Dominion Bank | 5.47% | 2035-10-15 | 4.93% | US89115KAJ97 |
| AT&T INC | 4.74% | 2036-03-12 | 4.50% | CA00206RNL29 |
| 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 |
| Suncor Energy INC | 6.23% | 2047-11-15 | 4.00% | US867224AB33 |
| Bell Canada | 5.61% | 2053-02-09 | 5.15% | CA07813ZCM47 |
| AT&T INC | 5.62% | 2056-03-12 | 5.25% | CA00206RNM02 |