Canadian Investment Grade Financial Services (ex Banks) Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-10-16
https://bondscovery.com/yield-curve/cad-corporate-financial-services-ex-banks
Canadian Investment Grade Financial Services (ex Banks) Corporate Bond Yields (CAD) as of 2026-10-16: 10Y at 4.50%, fitted curve 1M–30Y (2.48%–4.98%), 159 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.48% | — |
| 3M | 2.58% | 2.63% |
| 6M | 2.69% | 2.83% |
| 9M | 2.77% | 3.03% |
| 12M | 2.84% | 3.03% |
| 18M | 2.98% | 3.28% |
| 3Y | 3.35% | 3.79% |
| 4Y | 3.58% | 4.37% |
| 5Y | 3.79% | 4.77% |
| 6Y | 3.98% | 5.10% |
| 7Y | 4.14% | 5.36% |
| 8Y | 4.28% | 5.54% |
| 9Y | 4.40% | 5.67% |
| 10Y | 4.50% | 5.74% |
| 30Y | 4.98% | 5.53% |
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 | Latest2026-10-16 | 1m ago2026-09-16 | 2m ago2026-08-17 | 3m ago2026-07-17 | 4m ago2026-06-18 | 5m ago2026-05-19 | 6m ago2026-04-20 |
|---|---|---|---|---|---|---|---|
| 2Y | — | — | 3.00% | 2.93% | 2.83% | 3.04% | 2.83% |
| 10Y | 4.50% | 4.36% | 4.13% | 3.98% | 3.86% | — | — |
| 10Y − 2Y | — | — | +113 bp | +105 bp | +104 bp | — | — |
Yields by rating group
The same curve split by credit quality: 547 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 2.62%, A+ to BBB- 4.18%.
Bonds in this curve
A selection of 30 of the 547 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| King Street Funding Trust | 2.53% | 2026-11-06 | 0.00% | CA495910Y625 |
| Stable Trust | 2.48% | 2026-11-06 | 0.00% | CA85236MY690 |
| BAY Street Funding Trust | 2.50% | 2026-11-10 | 0.00% | CA072903YB73 |
| Zeus Receivables Trust | 2.55% | 2027-01-15 | 0.00% | CA988927AG42 |
| Storm King Funding | 2.65% | 2027-02-12 | 0.00% | CA861930BD63 |
| Sound Trust | 2.65% | 2027-03-05 | 0.00% | CA835919C589 |
| Ridge Trust | 2.84% | 2027-04-12 | 0.00% | CA76575RDD40 |
| Cppib | 2.73% | 2027-06-01 | 2.85% | CA12593CAU59 |
| BAY Street Funding Trust | 2.96% | 2027-07-05 | 0.00% | CA072903G503 |
| Storm King Funding | 3.14% | 2027-10-07 | 0.00% | CA861930K792 |
| Ontario Teachers | 2.89% | 2027-10-19 | 1.10% | CA68329AAF53 |
| CDP Financial | 3.19% | 2028-03-08 | 3.70% | CAC23264AT80 |
| PSP Capital | 3.20% | 2028-03-15 | 1.50% | CA69363TAQ54 |
| Cppib | 3.46% | 2029-06-02 | 3.60% | CA12593CAX98 |
| Ontario Teachers | 3.50% | 2029-11-01 | 4.15% | CAC69798AW34 |
| Cppib | 3.71% | 2030-12-02 | 3.35% | CA12593CBA86 |
| CDP Financial | 3.64% | 2030-12-02 | 4.20% | CAC23264AW10 |
| Cppib | 3.67% | 2031-06-02 | 3.20% | CA12593CBC43 |
| Cppib | 3.74% | 2031-12-01 | 2.25% | CA12593CAS04 |
| Cppib | 3.86% | 2032-06-02 | 3.95% | CA12593ZAA80 |
| Ontario Teachers | 3.93% | 2032-06-02 | 4.45% | CAC69798AV50 |
| PSP Capital | 3.96% | 2033-06-01 | 4.15% | CAC75089AB59 |
| BCI | 3.92% | 2033-06-02 | 4.90% | CA110610AA09 |
| Cppib | 4.08% | 2034-06-02 | 4.30% | CA12593CAY71 |
| CDP Financial | 4.11% | 2034-06-02 | 3.65% | CAC23264AY75 |
| Cppib | 4.24% | 2035-06-02 | 4.00% | CA12593CBB69 |
| CDP Financial | 4.18% | 2035-06-02 | 3.65% | CAC23264BB63 |
| Cppib | 4.33% | 2036-06-02 | 3.80% | CA12593CBE09 |
| Ontario Teachers | 4.34% | 2036-06-02 | 4.00% | CAC69798BC60 |
| PSP Capital | 4.98% | 2055-12-01 | 4.25% | CAC75089AD16 |