Canada AAA–AA Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/cad-corporate-aaa-aa-canada
Canada AAA–AA Corporate Bond Yields (CAD) as of 2026-10-26: 10Y at 4.44%, fitted curve 1M–40Y (2.52%–4.91%), 186 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.52% | — |
| 3M | 2.64% | 2.71% |
| 6M | 2.78% | 2.96% |
| 9M | 2.88% | 3.17% |
| 12M | 2.96% | 3.17% |
| 18M | 3.10% | 3.41% |
| 2Y | 3.23% | 3.66% |
| 3Y | 3.46% | 3.99% |
| 4Y | 3.66% | 4.36% |
| 5Y | 3.83% | 4.64% |
| 6Y | 3.98% | 4.89% |
| 7Y | 4.11% | 5.12% |
| 8Y | 4.24% | 5.34% |
| 9Y | 4.35% | 5.51% |
| 10Y | 4.44% | 5.63% |
| 15Y | 4.74% | 5.70% |
| 20Y | 4.85% | 5.50% |
| 25Y | 4.89% | 5.26% |
| 30Y | 4.90% | 5.12% |
| 40Y | 4.91% | 5.02% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.23% and the 10-year 4.44%, a 10Y−2Y spread of +121 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 | 3.23% | 3.38% | 3.31% | 3.00% | 2.91% | 3.15% | 2.96% |
| 10Y | 4.44% | 4.63% | 4.85% | 4.36% | 4.01% | 4.39% | 4.16% |
| 10Y − 2Y | +121 bp | +125 bp | +154 bp | +136 bp | +110 bp | +124 bp | +119 bp |
Bonds in this curve
A selection of 30 of the 636 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 |
| Sound Trust | 2.89% | 2027-04-22 | 0.00% | CA835919DP33 |
| 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 |
| Plaza Trust | 3.18% | 2027-10-12 | 0.00% | CA727924KD30 |
| 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 |
| Cppib | 3.64% | 2031-06-02 | 3.20% | CA12593CBC43 |
| Cppib | 3.68% | 2031-12-01 | 2.25% | CA12593CAS04 |
| Cppib | 3.78% | 2032-06-02 | 3.95% | CA12593ZAA80 |
| BCI | 3.76% | 2033-06-02 | 4.90% | CA110610AA09 |
| CDP Financial | 4.04% | 2034-06-02 | 3.65% | CAC23264AY75 |
| BCI | 4.12% | 2035-06-02 | 4.00% | CA110610AD48 |
| BCI | 4.25% | 2036-06-02 | 4.15% | CA110610AF95 |
| 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 |