Canada AAA–AA Non-Callable Banks Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-08-20
https://bondscovery.com/yield-curve/cad-corporate-aaa-aa-banks-canada-non-callable
Canada AAA–AA Non-Callable Banks Corporate Bond Yields (CAD) as of 2026-08-20: 10Y at 4.78%, fitted curve 3M–15Y (3.09%–4.85%), 27 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.09% | — |
| 6M | 3.18% | 3.28% |
| 12M | 3.36% | 3.54% |
| 18M | 3.54% | 3.89% |
| 3Y | 3.99% | 4.44% |
| 4Y | 4.22% | 4.92% |
| 5Y | 4.40% | 5.12% |
| 7Y | 4.63% | 5.21% |
| 8Y | 4.70% | 5.19% |
| 9Y | 4.75% | 5.14% |
| 10Y | 4.78% | 5.09% |
| 15Y | 4.85% | 4.97% |
2Y, 10Y and the 10Y−2Y spread over time
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-08-20 |
|---|---|
| 2Y | — |
| 10Y | 4.78% |
| 10Y − 2Y | — |
Bonds in this curve
A selection of 30 of the 89 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bank of Nova Scotia | 5.98% | 2026-10-09 | 4.15% | CA06419FDW55 |
| Royal Bank of Canada | 3.62% | 2026-11-02 | 5.24% | CA780086VV38 |
| Canadian Imperial Bank of Commerce | 2.76% | 2027-01-07 | 2.25% | CA13607HC349 |
| Bank of Montreal | 3.14% | 2027-04-01 | 3.65% | CA06368DW260 |
| Royal Bank of Canada | 3.35% | 2027-07-26 | 4.61% | CA780086VK72 |
| Bank of Montreal | 3.21% | 2028-03-01 | 3.19% | CA06368BTX69 |
| Toronto-Dominion Bank | 3.48% | 2028-03-01 | 1.45% | CA89117FA254 |
| Royal Bank of Canada | 3.66% | 2028-05-01 | 4.63% | CA780086XL38 |
| National Bank of Canada | 4.55% | 2029-07-31 | 4.50% | US63305TPJ96 |
| Bank of Nova Scotia | 4.39% | 2029-09-25 | 4.05% | CA06418MJ543 |
| Royal Bank of Canada | 3.87% | 2030-06-24 | 5.23% | CA780086ZH08 |
| Toronto-Dominion Bank | 3.98% | 2030-07-25 | 3.74% | CA89116CY352 |
| National Bank of Canada | 4.65% | 2031-07-31 | 4.75% | US63305TPK69 |
| Canadian Imperial Bank of Commerce | 4.25% | 2031-08-18 | 4.25% | CA13608DDA50 |
| Canadian Imperial Bank of Commerce | 4.55% | 2032-05-26 | 4.47% | CA13607Q2K75 |
| Bank of Nova Scotia | 4.21% | 2033-12-02 | 4.00% | CA06419FGU62 |
| Bank of Montreal | 5.23% | 2034-08-07 | 5.10% | US06376LFG68 |
| Royal Bank of Canada | 4.60% | 2034-12-18 | 4.05% | CA779926GH15 |
| Canadian Imperial Bank of Commerce | 5.76% | 2035-08-21 | 5.60% | CA13607QCG51 |
| Bank of Nova Scotia | 4.44% | 2035-10-30 | 4.20% | CA06419FFA18 |
| Bank of Nova Scotia | 4.52% | 2035-12-05 | 4.30% | CA06419FGW29 |
| Bank of Nova Scotia | 4.59% | 2035-12-23 | 4.50% | CA06419FJD11 |
| Canadian Imperial Bank of Commerce | 5.74% | 2036-03-27 | 5.25% | CA13607QB763 |
| Royal Bank of Canada | 5.61% | 2036-04-02 | 5.48% | CA779926J397 |
| Bank of Nova Scotia | 5.10% | 2039-02-15 | 5.19% | CA0641644D51 |
| Royal Bank of Canada | 4.89% | 2039-08-30 | 4.30% | CA779926AV62 |
| Bank of Nova Scotia | 4.91% | 2039-09-25 | 4.05% | CA06418MH315 |
| Royal Bank of Canada | 4.86% | 2039-11-04 | 4.50% | CA779926EC46 |
| Canadian Imperial Bank of Commerce | 6.81% | 2040-12-05 | 6.15% | CA13607QQG06 |
| Canadian Imperial Bank of Commerce | 6.99% | 2040-12-19 | 6.50% | CA13607QSD56 |