Canada Utilities & Power Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/cad-corporate-utilities-power-canada
Canada Utilities & Power Corporate Bond Yields (CAD) as of 2026-07-27: 9Y at 4.29%, fitted curve 1M–40Y (2.37%–4.89%), 44 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.37% | — |
| 3M | 2.42% | 2.44% |
| 2Y | 2.90% | 2.97% |
| 3Y | 3.17% | 3.69% |
| 4Y | 3.41% | 4.15% |
| 5Y | 3.64% | 4.53% |
| 6Y | 3.84% | 4.84% |
| 7Y | 4.01% | 5.07% |
| 8Y | 4.16% | 5.24% |
| 9Y | 4.29% | 5.34% |
| 15Y | 4.73% | 5.39% |
| 20Y | 4.85% | 5.20% |
| 25Y | 4.89% | 5.05% |
| 30Y | 4.85% | 4.68% |
| 40Y | 4.83% | 4.76% |
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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-23 | 6m ago2026-02-09 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.90% | 2.90% | 2.93% | 2.86% | 2.95% | — | — |
| 10Y | — | — | 4.32% | — | — | 4.01% | 3.93% |
| 10Y − 2Y | — | — | +139 bp | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 79 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.41%, A+ to BBB- 2.36%, Speculative 5.42%.
Bonds in this curve
A selection of 30 of the 80 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Epcor Utilities INC | 2.35% | 2026-08-12 | 0.00% | CA29490RVD56 |
| Hydro-Quebec | 2.34% | 2026-08-15 | 1.00% | CA44885ZJR25 |
| Manitoba Hydro-Electric Board | 2.26% | 2026-08-18 | 0.00% | CA563454VK01 |
| Fortisbc Energy INC | 2.35% | 2026-08-18 | 0.00% | CA34990AVK10 |
| Fortisbc Energy INC | 2.35% | 2026-08-21 | 0.00% | CA34990AVN58 |
| Nova Scotia Power INC. | 2.79% | 2026-08-21 | 0.00% | CA669823VN31 |
| Ontario Power Generation INC | 2.51% | 2026-09-29 | 0.00% | CA68322AWW12 |
| Fortisbc Energy INC | 2.33% | 2026-10-07 | 0.00% | CA34990AX782 |
| Hydro-Quebec | 3.08% | 2028-09-01 | 2.00% | CA44889ZFE12 |
| Secure Waste Infrastructure Corp | 5.53% | 2029-03-22 | 6.75% | CA813921AA10 |
| Hydro-Quebec | 3.22% | 2029-09-01 | 3.40% | CA44889ZFJ09 |
| Hydro ONE INC | 4.02% | 2030-06-03 | 7.35% | CA448810AC58 |
| Hydro-Quebec | 3.45% | 2031-08-15 | 6.00% | CA448814GY37 |
| Hydro ONE INC | 4.19% | 2032-06-01 | 6.93% | CA44810ZAB63 |
| Hydro-Quebec | 3.67% | 2032-09-01 | 3.55% | CA44889ZFP68 |
| Hydro-Quebec | 3.80% | 2033-09-01 | 3.60% | CA44889ZFQ42 |
| Hydro ONE INC | 4.31% | 2034-01-31 | 6.35% | CA44810ZAD20 |
| Hydro-Quebec | 3.93% | 2035-01-16 | 6.50% | CA44889ZBF23 |
| Hydro-Quebec | 3.93% | 2035-02-15 | 6.50% | CA44889ZCM64 |
| Hydro ONE INC | 4.88% | 2039-03-03 | 6.03% | CA44810ZAX83 |
| Hydro-Quebec | 4.49% | 2040-02-15 | 6.00% | CA44889ZCN48 |
| Hydro ONE INC | 4.83% | 2040-07-16 | 5.49% | CA44810ZAY66 |
| Hydro ONE INC | 4.97% | 2043-10-09 | 4.59% | CA44810ZBK53 |
| Hydro-Quebec | 4.79% | 2045-02-15 | 5.00% | CA448814HZ92 |
| Hydro-Quebec | 4.87% | 2050-02-15 | 5.00% | CA448814JA24 |
| Canadian Utilities Limited | 5.26% | 2052-06-03 | 4.85% | CA136717BD69 |
| Hydro-Quebec | 4.84% | 2055-02-15 | 4.00% | CA4488148V86 |
| Hydro-Quebec | 4.85% | 2060-02-15 | 2.10% | CA448814JC89 |
| Hydro-Quebec | 4.82% | 2063-02-15 | 4.00% | CA448814JD62 |
| Hydro-Quebec | 4.85% | 2065-02-15 | 4.00% | CA448814BQ57 |