Canada AAA–AA Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-canada-non-callable
Canada AAA–AA Non-Callable Corporate Bond Yields (USD) as of 2026-07-27: 8Y at 5.84%, fitted curve 1M–8Y (4.42%–5.84%), 25 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.42% | — |
| 6M | 4.42% | 4.42% |
| 9M | 4.42% | 4.42% |
| 12M | 4.42% | 4.42% |
| 18M | 4.42% | 4.43% |
| 2Y | 4.43% | 4.45% |
| 3Y | 4.46% | 4.52% |
| 4Y | 4.53% | 4.75% |
| 5Y | 4.70% | 5.39% |
| 8Y | 5.84% | 7.77% |
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 ago2026-07-03 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-30 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.43% | 4.49% | 4.38% | 4.11% | 4.17% | 3.89% | 3.97% |
| 10Y | — | — | — | — | 5.27% | — | — |
| 10Y − 2Y | — | — | — | — | +109 bp | — | — |
Bonds in this curve
A selection of 30 of the 44 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Cppib Capital INC | 6.58% | 2026-09-09 | 0.88% | US22411WAT36 |
| Cppib Capital INC | 3.76% | 2026-09-09 | 0.88% | US22411VAU26 |
| Royal Bank of Canada | 6.63% | 2026-09-14 | 1.05% | USC7976PAC08 |
| Royal Bank of Canada | 5.13% | 2026-12-14 | 4.85% | USC7976PAK24 |
| CDP Financial INC | 4.06% | 2027-02-01 | 1.75% | USC23264AN15 |
| National Bank of Canada | 4.27% | 2027-04-06 | 2.90% | US633469AB74 |
| National Bank of Canada | 4.26% | 2027-04-06 | 2.90% | USC60191BF63 |
| Cppib Capital INC | 4.32% | 2027-06-15 | 3.25% | US22411VAX64 |
| Cppib Capital INC | 4.16% | 2027-06-15 | 3.25% | US22411WAW64 |
| Cppib Capital INC | 4.62% | 2027-11-02 | 2.75% | US22411WAD83 |
| Ontario Teachers Finance Trust | 4.62% | 2028-04-25 | 4.25% | USC69798AX11 |
| Ontario Teachers Finance Trust | 4.42% | 2028-04-25 | 4.25% | US68329AAP30 |
| Bank of Montreal | 4.65% | 2028-06-28 | 4.69% | USC0623PAU24 |
| Cppib Capital INC | 4.32% | 2028-07-20 | 4.25% | US22411WAZ95 |
| Cppib Capital INC | 4.27% | 2028-07-20 | 4.25% | US22411VAZ13 |
| Cppib Capital INC | 4.28% | 2028-10-15 | 3.62% | US22411VBG23 |
| PSP Capital INC | 4.56% | 2028-10-26 | 1.62% | US69376Q2B87 |
| Ontario Teachers Finance Trust | 4.40% | 2029-04-10 | 4.62% | US68329AAQ13 |
| Cppib Capital INC | 4.54% | 2029-11-01 | 2.00% | US22411WAK27 |
| Canadian Imperial Bank of Commerce | 4.44% | 2030-01-14 | 4.88% | USC2428PBN09 |
| Cppib Capital INC | 4.35% | 2030-06-10 | 4.12% | US22411WBD74 |
| Cppib Capital INC | 4.31% | 2030-06-10 | 4.12% | US22411VBD91 |
| Cppib Capital INC | 4.56% | 2031-01-28 | 1.25% | US22411WAQ96 |
| Omers Finance Trust | 4.63% | 2031-03-26 | 4.75% | USC68012AK67 |
| Omers Finance Trust | 4.47% | 2031-03-26 | 4.75% | US682142AL82 |
| PSP Capital INC | 4.57% | 2031-06-30 | 4.25% | US69376Q2F91 |
| Omers Finance Trust | 4.21% | 2032-04-19 | 3.50% | US682142AG97 |
| Omers Finance Trust | 4.36% | 2032-04-19 | 3.50% | USC68012AF72 |
| Royal Bank of Canada | 5.71% | 2034-01-29 | 5.40% | CA780086Y248 |
| Bank of Montreal | 5.20% | 2036-05-08 | 5.21% | XS3368957315 |