Canada A–BBB Senior Unsecured Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/cad-corporate-senior-unsecured-a-bbb-canada
Canada A–BBB Senior Unsecured Corporate Bond Yields (CAD) as of 2026-09-11: 10Y at 5.21%, fitted curve 3M–25Y (3.26%–5.67%), 35 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.26% | — |
| 6M | 3.33% | 3.46% |
| 12M | 3.47% | 3.65% |
| 18M | 3.61% | 3.93% |
| 2Y | 3.74% | 4.21% |
| 3Y | 4.00% | 4.61% |
| 4Y | 4.24% | 5.10% |
| 5Y | 4.46% | 5.53% |
| 7Y | 4.83% | 6.03% |
| 10Y | 5.21% | 6.51% |
| 15Y | 5.52% | 6.62% |
| 20Y | 5.64% | 6.37% |
| 25Y | 5.67% | 6.10% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.74% and the 10-year 5.21%, a 10Y−2Y spread of +147 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-14 | 3m ago2026-06-12 | 4m ago2026-05-14 |
|---|---|---|---|---|---|
| 2Y | 3.74% | 4.40% | 4.51% | 4.41% | 3.81% |
| 10Y | 5.21% | 5.48% | 5.35% | — | — |
| 10Y − 2Y | +147 bp | +107 bp | +85 bp | — | — |
Bonds in this curve
A selection of 30 of the 35 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| National Bank of Canada | 2.74% | 2026-12-07 | 4.97% | CA63306AHU30 |
| National Bank of Canada | 2.81% | 2027-02-08 | 4.27% | CA136765BZ64 |
| Rogers Communications INC | 3.50% | 2027-03-01 | 3.80% | CA775109CM19 |
| National Bank of Canada | 3.14% | 2027-09-02 | 5.15% | CA136765BU77 |
| Enbridge INC | 3.56% | 2027-11-17 | 6.55% | CA29251ZCN56 |
| Cenovus Energy INC | 3.62% | 2028-02-07 | 3.50% | CA15135UAT66 |
| National Bank of Canada | 3.77% | 2028-06-14 | 5.22% | CA63306AHP45 |
| Rogers Communications INC | 3.87% | 2028-11-02 | 4.40% | CA775109CP40 |
| National Bank of Canada | 3.91% | 2029-02-01 | 5.02% | CA63306AHT66 |
| Enbridge INC | 3.77% | 2029-02-22 | 3.52% | CA29251ZCQ87 |
| Rogers Communications INC | 4.07% | 2029-05-01 | 3.25% | CA775109BJ98 |
| Telus Corp | 4.02% | 2029-05-02 | 3.30% | CA87971MBJ14 |
| Enbridge INC | 4.13% | 2029-10-03 | 2.99% | CA29251ZBS52 |
| Rogers Communications INC | 3.94% | 2029-12-10 | 3.30% | CA775109CQ23 |
| Hydro ONE INC | 4.43% | 2030-06-03 | 7.35% | CA448810AC58 |
| Rogers Communications INC | 4.12% | 2030-12-09 | 2.90% | CA775109CS88 |
| Enbridge INC | 4.07% | 2031-05-12 | 2.82% | CA29251ZCS44 |
| Telus Corp | 4.85% | 2033-09-08 | 5.75% | CA87971MCC51 |
| Enbridge INC | 5.02% | 2036-12-19 | 5.08% | CA29251ZCT27 |
| Rogers Communications INC | 5.66% | 2039-11-04 | 6.68% | CA775109AP67 |
| Intact Financial Corporation | 5.23% | 2039-11-23 | 6.40% | CA45823ZAB81 |
| Rogers Communications INC | 5.62% | 2040-08-25 | 6.11% | CA775109AQ41 |
| Rogers Communications INC | 5.67% | 2041-03-22 | 6.56% | CA775109AT89 |
| Enbridge INC | 5.66% | 2045-09-29 | 4.55% | CA29251ZCX39 |
| Enbridge INC | 5.59% | 2046-08-09 | 4.13% | CA29261ZAA36 |
| Enbridge INC | 5.78% | 2049-02-22 | 4.33% | CA29261ZAB19 |
| Rogers Communications INC | 5.75% | 2049-12-09 | 4.25% | CA775109CR06 |
| Enbridge INC | 5.73% | 2051-05-12 | 4.20% | CA29261ZAC91 |
| Canadian Utilities Limited | 5.37% | 2052-06-03 | 4.85% | CA136717BD69 |
| Enbridge INC | 5.66% | 2053-08-17 | 5.82% | CA29261ZAD74 |