Canadian AAA–AA Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/cad-corporate-aaa-aa
Canadian AAA–AA Corporate Bond Yields (CAD) as of 2026-10-26: 10Y at 4.58%, fitted curve 1M–40Y (2.52%–4.93%), 236 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.52% | — |
| 3M | 2.64% | 2.70% |
| 6M | 2.79% | 2.97% |
| 9M | 2.91% | 3.28% |
| 12M | 3.02% | 3.28% |
| 18M | 3.21% | 3.65% |
| 2Y | 3.39% | 3.98% |
| 3Y | 3.69% | 4.37% |
| 4Y | 3.92% | 4.73% |
| 5Y | 4.10% | 4.95% |
| 6Y | 4.24% | 5.10% |
| 7Y | 4.35% | 5.19% |
| 8Y | 4.44% | 5.27% |
| 9Y | 4.51% | 5.36% |
| 10Y | 4.58% | 5.47% |
| 15Y | 4.83% | 5.64% |
| 20Y | 4.89% | 5.26% |
| 25Y | 4.90% | 5.06% |
| 30Y | 4.91% | 5.10% |
| 40Y | 4.93% | 5.21% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.39% and the 10-year 4.58%, a 10Y−2Y spread of +119 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.39% | 3.41% | 3.26% | 3.27% | 2.93% | 3.14% | 2.97% |
| 10Y | 4.58% | 4.70% | 4.70% | 4.57% | 4.09% | 4.38% | 4.17% |
| 10Y − 2Y | +119 bp | +129 bp | +144 bp | +129 bp | +117 bp | +124 bp | +120 bp |
Bonds in this curve
A selection of 30 of the 737 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Clarity Trust | 2.53% | 2026-11-13 | 0.00% | CA18063XYE70 |
| King Street Funding Trust | 2.58% | 2026-11-12 | 0.00% | CA495910YD75 |
| BAY Street Funding Trust | 2.57% | 2026-12-24 | 0.00% | CA072903ZR17 |
| King Street Funding Trust | 2.58% | 2026-12-29 | 0.00% | CA495910ZW48 |
| Metlife Global Funding | 2.92% | 2027-04-01 | 4.64% | CA592179KJ34 |
| Toronto-Dominion Bank | 2.98% | 2027-06-01 | 4.21% | CA89117F7G86 |
| RBC | 2.89% | 2027-07-26 | 4.61% | CA780086VK72 |
| BCI Quadreal Realty | 3.23% | 2027-07-31 | 4.16% | CA07337EAB44 |
| Storm King Funding | 3.27% | 2027-10-14 | 0.00% | CA861930KF11 |
| RBC | 3.21% | 2027-10-20 | 0.00% | CA780083KM27 |
| Bank of Montreal | 3.32% | 2028-03-01 | 3.19% | CA06368BTX69 |
| RBC | 3.80% | 2028-05-01 | 4.63% | CA780086XL38 |
| RBC | 3.61% | 2028-12-10 | 3.63% | CA779926FY56 |
| Toronto-Dominion Bank | 3.92% | 2029-01-08 | 4.68% | CA89117GRJ80 |
| Cppib | 3.48% | 2029-06-02 | 3.60% | CA12593CAX98 |
| Bank of Montreal | 4.00% | 2029-07-17 | 4.42% | CA06368L5G77 |
| RBC | 4.05% | 2030-06-24 | 5.23% | CA780086ZH08 |
| BCI Quadreal Realty | 3.73% | 2030-07-24 | 1.75% | CA07337EAD00 |
| Alphabet | 4.16% | 2031-05-15 | 3.65% | CA02079WAG65 |
| Cppib | 3.64% | 2031-06-02 | 3.20% | CA12593CBC43 |
| Cppib | 3.78% | 2032-06-02 | 3.95% | CA12593ZAA80 |
| NY Life Global Funding | 4.55% | 2033-05-09 | 4.20% | CA649922AB73 |
| CDP Financial | 4.04% | 2034-06-02 | 3.65% | CAC23264AY75 |
| BCI | 4.12% | 2035-06-02 | 4.00% | CA110610AD48 |
| Alphabet | 4.77% | 2036-05-15 | 4.35% | CA02079WAC51 |
| RBC | 5.07% | 2039-11-04 | 4.50% | CA779926EC46 |
| Hydro-Quebec | 4.93% | 2045-02-15 | 5.00% | CA448814HZ92 |
| Hydro-Quebec | 5.00% | 2050-02-15 | 5.00% | CA448814JA24 |
| Hydro-Quebec | 4.93% | 2055-02-15 | 4.00% | CA4488148V86 |
| Hydro-Quebec | 4.91% | 2065-02-15 | 4.00% | CA448814BQ57 |