Canadian Senior Unsecured Callable Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/cad-corporate-senior-unsecured-callable
Canadian Senior Unsecured Callable Corporate Bond Yields (CAD) as of 2026-09-10: 8Y at 4.78%, fitted curve 1M–30Y (2.30%–5.70%), 52 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.30% | — |
| 6M | 2.97% | 3.14% |
| 9M | 3.23% | 3.81% |
| 18M | 3.54% | 3.88% |
| 2Y | 3.66% | 4.07% |
| 3Y | 3.88% | 4.40% |
| 4Y | 4.09% | 4.83% |
| 5Y | 4.28% | 5.23% |
| 6Y | 4.46% | 5.59% |
| 7Y | 4.63% | 5.91% |
| 8Y | 4.78% | 6.17% |
| 15Y | 5.42% | 6.68% |
| 20Y | 5.60% | 6.71% |
| 25Y | 5.67% | 6.45% |
| 30Y | 5.70% | 6.21% |
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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.66% | 4.31% | 3.53% | 3.46% | 3.52% | 3.31% | 3.14% |
| 10Y | — | 5.57% | 5.27% | — | — | — | — |
| 10Y − 2Y | — | +126 bp | +174 bp | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 53 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.55%, A+ to BBB- 4.30%, Speculative 6.50%.
Bonds in this curve
A selection of 30 of the 58 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| CDP Financial INC | 2.36% | 2026-10-19 | 1.50% | CA125094AW22 |
| CDP Financial INC | 2.41% | 2026-10-19 | 1.50% | CAC23264AM38 |
| National Bank of Canada | 2.81% | 2027-02-08 | 4.27% | CA136765BZ64 |
| Walt Disney Company/the | 3.17% | 2027-03-30 | 3.06% | CA254687FU53 |
| Toronto-Dominion Bank | 3.52% | 2027-06-01 | 4.21% | CA89117F7G86 |
| Mercedes-Benz | 3.60% | 2027-07-09 | 4.64% | CA58769CAD44 |
| Toronto-Dominion Bank | 3.40% | 2028-01-18 | 4.48% | CA89117GTQ06 |
| CDP Financial INC | 3.12% | 2028-03-08 | 3.70% | CAC23264AT80 |
| General Motors Company | 3.93% | 2028-07-14 | 5.10% | CA37045YAM62 |
| Toronto-Dominion Bank | 3.91% | 2029-01-08 | 4.68% | CA89117GRJ80 |
| Rogers Communications INC | 4.07% | 2029-05-01 | 3.25% | CA775109BJ98 |
| Telus Corp | 4.02% | 2029-05-02 | 3.30% | CA87971MBJ14 |
| Hydro ONE INC | 4.43% | 2030-06-03 | 7.35% | CA448810AC58 |
| Cppib Capital INC | 3.55% | 2030-12-02 | 3.35% | CA12593CBA86 |
| Nextera Energy Capital Holdings INC | 4.19% | 2031-04-30 | 4.85% | CA65339KDA57 |
| National Grid Electricity Transmission PLC | 4.20% | 2031-09-16 | 5.22% | CA636273AD65 |
| Ontario Teachers Finance Trust | 3.78% | 2032-06-02 | 4.45% | CAC69798AV50 |
| Prologis LP | 4.30% | 2033-02-15 | 4.20% | CA74340XCP48 |
| Cppib Capital INC | 3.84% | 2033-06-02 | 4.75% | CA12593CAW16 |
| Telus Corp | 4.85% | 2033-09-08 | 5.75% | CA87971MCC51 |
| Electricite de France SA | 4.81% | 2034-05-17 | 5.38% | CA268317BC73 |
| CDP Financial INC | 3.98% | 2034-06-02 | 3.65% | CAC23264AY75 |
| Rogers Communications INC | 5.66% | 2039-11-04 | 6.68% | CA775109AP67 |
| Intact Financial Corporation | 5.23% | 2039-11-23 | 6.40% | CA45823ZAB81 |
| Hydro Ottawa Holding INC | 5.24% | 2045-02-02 | 3.64% | CA448975AD41 |
| AT&T INC | 5.77% | 2048-11-25 | 5.10% | CA00206RGC03 |
| Canadian Utilities Limited | 5.37% | 2052-06-03 | 4.85% | CA136717BD69 |
| Electricite de France SA | 5.81% | 2053-05-23 | 6.49% | CA268317AX20 |
| Electricite de France SA | 5.78% | 2054-05-17 | 5.78% | CA268317BD56 |
| Electricite de France SA | 5.72% | 2055-02-06 | 5.23% | CA268317BH60 |