Canada AAA–AA Callable Banks Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-01
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-banks-canada-callable
Canada AAA–AA Callable Banks Corporate Bond Yields (USD) as of 2026-09-01: 9Y at 5.84%, fitted curve 1M–20Y (4.24%–6.11%), 29 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.24% | — |
| 6M | 4.36% | 4.43% |
| 9M | 4.42% | 4.67% |
| 12M | 4.49% | 4.68% |
| 2Y | 4.74% | 5.07% |
| 3Y | 4.98% | 5.56% |
| 5Y | 5.37% | 6.15% |
| 6Y | 5.53% | 6.56% |
| 7Y | 5.65% | 6.71% |
| 8Y | 5.76% | 6.80% |
| 9Y | 5.84% | 6.83% |
| 15Y | 6.06% | 6.71% |
| 20Y | 6.11% | 6.44% |
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 | Latest2026-09-01 | 1m ago2026-08-07 | 2m ago2026-07-03 | 3m ago2026-06-03 | 4m ago2026-05-04 | 5m ago2026-04-03 | 6m ago2026-03-04 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.74% | 4.69% | 4.50% | 4.39% | 4.46% | 4.39% | 4.02% |
| 10Y | — | — | 5.21% | 5.43% | 5.38% | 5.42% | 5.34% |
| 10Y − 2Y | — | — | +71 bp | +104 bp | +92 bp | +103 bp | +132 bp |
Bonds in this curve
A selection of 30 of the 91 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Federation des Caisses Desjardins du Quebec | 3.98% | 2026-10-14 | 1.20% | USC34201MF48 |
| Canadian Imperial Bank of Commerce | 4.11% | 2027-01-19 | 1.85% | USC24285N843 |
| Bank of Nova Scotia | 4.84% | 2027-03-09 | 2.17% | USC0574BAB48 |
| Bank of Nova Scotia | 4.09% | 2027-03-09 | 2.17% | US06418BAB45 |
| Royal Bank of Canada | 4.93% | 2027-03-24 | 2.60% | USC7976PAD80 |
| Toronto-Dominion Bank | 4.33% | 2027-04-20 | 3.30% | USC8888MTC21 |
| Toronto-Dominion Bank | 4.52% | 2027-07-16 | 4.81% | USC8888MBQ09 |
| Toronto-Dominion Bank | 4.34% | 2027-07-16 | 4.81% | US891160TE35 |
| National Bank of Canada | 4.82% | 2027-10-29 | 4.80% | US63305LV752 |
| Royal Bank of Canada | 4.72% | 2028-05-10 | 3.00% | US78008SVY98 |
| Toronto-Dominion Bank | 4.59% | 2028-09-13 | 5.14% | USC8920GAA97 |
| National Bank of Canada | 5.29% | 2029-02-23 | 5.25% | US63305LWX71 |
| Bank of Nova Scotia | 4.41% | 2029-03-13 | 3.79% | US06418BAL27 |
| Bank of Nova Scotia | 4.27% | 2029-03-13 | 3.79% | USC0574BAH18 |
| National Bank of Canada | 5.02% | 2029-09-11 | 5.00% | US63305LP564 |
| National Bank of Canada | 5.06% | 2029-10-30 | 5.05% | US63305LW743 |
| National Bank of Canada | 5.27% | 2029-11-13 | 5.15% | US63305LZ308 |
| National Bank of Canada | 5.40% | 2032-02-24 | 4.50% | US63305MU257 |
| National Bank of Canada | 5.23% | 2032-09-30 | 4.60% | US63305LR966 |
| National Bank of Canada | 5.52% | 2032-10-18 | 4.65% | US63305LT947 |
| National Bank of Canada | 5.45% | 2032-12-17 | 5.25% | US63305L3R27 |
| National Bank of Canada | 6.08% | 2033-12-27 | 6.00% | US63305LVH31 |
| National Bank of Canada | 5.45% | 2034-03-28 | 5.45% | US63305LYL16 |
| National Bank of Canada | 5.77% | 2034-06-28 | 5.75% | US63305LF573 |
| National Bank of Canada | 5.76% | 2034-07-31 | 5.75% | US63305LJ872 |
| National Bank of Canada | 5.77% | 2034-08-30 | 5.05% | US63305LN825 |
| National Bank of Canada | 5.50% | 2034-09-29 | 4.65% | US63305LS386 |
| National Bank of Canada | 5.94% | 2035-05-06 | 5.65% | US63305MHC82 |
| National Bank of Canada | 6.05% | 2039-10-31 | 5.15% | US63305LW339 |
| Canadian Imperial Bank of Commerce | 6.11% | 2046-03-05 | 5.30% | US13609FGZ18 |