Canada Senior Unsecured Callable Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/cad-corporate-senior-unsecured-canada-callable
Canada Senior Unsecured Callable Corporate Bond Yields (CAD) as of 2026-09-11: 8Y at 4.59%, fitted curve 1M–30Y (3.04%–4.97%), 32 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 3.04% | — |
| 6M | 3.15% | 3.21% |
| 9M | 3.22% | 3.45% |
| 18M | 3.42% | 3.63% |
| 2Y | 3.55% | 3.99% |
| 3Y | 3.79% | 4.35% |
| 4Y | 4.01% | 4.77% |
| 6Y | 4.35% | 5.22% |
| 7Y | 4.48% | 5.50% |
| 8Y | 4.59% | 5.58% |
| 15Y | 4.91% | 5.51% |
| 20Y | 4.95% | 5.24% |
| 25Y | 4.96% | 5.11% |
| 30Y | 4.97% | 5.06% |
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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.55% | 4.37% | 3.52% | 3.38% | 3.40% | 3.31% | 3.10% |
| 10Y | — | 5.60% | 5.23% | — | — | — | — |
| 10Y − 2Y | — | +123 bp | +171 bp | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 33 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.56%, A+ to BBB- 4.64%, Speculative 6.50%.
Bonds in this curve
A selection of 30 of the 38 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| CDP Financial INC | 2.19% | 2026-10-19 | 1.50% | CAC23264AM38 |
| CDP Financial INC | 2.36% | 2026-10-19 | 1.50% | CA125094AW22 |
| National Bank of Canada | 2.81% | 2027-02-08 | 4.27% | CA136765BZ64 |
| Allied Properties Real Estate Investment Trust | 3.43% | 2027-04-07 | 4.31% | CA019456AN20 |
| Omers Finance Trust | 2.70% | 2027-04-21 | 1.55% | CAC68012AD21 |
| Omers Finance Trust | 2.65% | 2027-04-21 | 1.55% | CA682142AE42 |
| Toronto-Dominion Bank | 3.52% | 2027-06-01 | 4.21% | CA89117F7G86 |
| Toronto-Dominion Bank | 3.49% | 2028-01-18 | 4.48% | CA89117GTQ06 |
| CDP Financial INC | 3.13% | 2028-03-08 | 3.70% | CAC23264AT80 |
| Toronto-Dominion Bank | 3.91% | 2029-01-08 | 4.68% | CA89117GRJ80 |
| Bank of Nova Scotia | 3.92% | 2029-02-01 | 4.68% | CA064164QM14 |
| Rogers Communications INC | 4.07% | 2029-05-01 | 3.25% | CA775109BJ98 |
| Telus Corp | 4.02% | 2029-05-02 | 3.30% | CA87971MBJ14 |
| Cppib Capital INC | 3.39% | 2029-06-02 | 3.60% | CA12593CAX98 |
| Bank of Montreal | 3.99% | 2029-07-17 | 4.42% | CA06368L5G77 |
| Enbridge INC | 4.13% | 2029-10-03 | 2.99% | CA29251ZBS52 |
| Hydro ONE INC | 4.43% | 2030-06-03 | 7.35% | CA448810AC58 |
| Cppib Capital INC | 3.57% | 2030-12-02 | 3.35% | CA12593CBA86 |
| CDP Financial INC | 3.62% | 2030-12-02 | 4.20% | CAC23264AW10 |
| PSP Capital INC | 3.56% | 2030-12-02 | 4.40% | CAC75089AC33 |
| Ontario Teachers Finance Trust | 3.78% | 2032-06-02 | 4.45% | CAC69798AV50 |
| Cppib Capital INC | 3.84% | 2033-06-02 | 4.75% | CA12593CAW16 |
| Telus Corp | 4.85% | 2033-09-08 | 5.75% | CA87971MCC51 |
| CDP Financial INC | 4.07% | 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 |
| Rogers Communications INC | 5.62% | 2040-08-25 | 6.11% | CA775109AQ41 |
| Hydro Ottawa Holding INC | 5.24% | 2045-02-02 | 3.64% | CA448975AD41 |
| Canadian Utilities Limited | 5.37% | 2052-06-03 | 4.85% | CA136717BD69 |
| Muskrat Falls/Labrador Transmission | 4.83% | 2057-06-01 | 3.38% | CA628153DS42 |