Bank of Montreal Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-banks-canada-bank-of-montreal
Bank of Montreal Bond Yields (USD) as of 2026-10-26: 10Y at 6.39%, fitted curve 1M–15Y (4.57%–6.51%), 108 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.57% | — |
| 3M | 4.64% | 4.68% |
| 6M | 4.79% | 5.05% |
| 9M | 4.94% | 5.41% |
| 12M | 5.06% | 5.41% |
| 18M | 5.23% | 5.65% |
| 2Y | 5.35% | 5.83% |
| 3Y | 5.57% | 6.14% |
| 4Y | 5.76% | 6.52% |
| 5Y | 5.93% | 6.82% |
| 6Y | 6.07% | 7.02% |
| 7Y | 6.18% | 7.14% |
| 8Y | 6.27% | 7.20% |
| 9Y | 6.33% | 7.21% |
| 10Y | 6.39% | 7.19% |
| 15Y | 6.51% | 7.04% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.35% and the 10-year 6.39%, a 10Y−2Y spread of +104 bp — positively sloped — as of 2026-10-26. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.35% | 5.22% | 4.70% | 4.86% | 4.52% | 4.67% | 4.44% |
| 10Y | 6.39% | 6.06% | 5.84% | 5.54% | 5.56% | 5.52% | 5.39% |
| 10Y − 2Y | +104 bp | +83 bp | +113 bp | +68 bp | +105 bp | +85 bp | +95 bp |
Yields by rating group
The same curve split by credit quality: 313 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.14%, A+ to BBB- 5.36%.
Bonds in this curve
A selection of 30 of the 313 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bank of Montreal | 4.30% | 2026-12-11 | 5.27% | US06368LC537 |
| Bank of Montreal | 5.66% | 2026-12-17 | 1.80% | US06368G7C51 |
| Bank of Montreal | 4.91% | 2026-12-22 | 2.00% | US06368GC545 |
| Bank of Montreal | 4.32% | 2027-02-12 | 4.35% | US06367DXA89 |
| Bank of Montreal | 4.32% | 2027-02-16 | 4.35% | US06367DXB62 |
| Bank of Montreal | 4.76% | 2027-06-04 | 5.37% | US06368L3K06 |
| Bank of Montreal | 5.07% | 2027-08-16 | 4.70% | US06376AHJ25 |
| Bank of Montreal | 5.61% | 2027-08-23 | 5.00% | US06376AHL70 |
| Bank of Montreal | 4.84% | 2027-09-14 | 4.70% | US06368LAQ95 |
| Bank of Montreal | 5.04% | 2027-09-20 | 4.23% | US06376AHX19 |
| Bank of Montreal | 4.95% | 2028-02-01 | 5.20% | US06368LGV27 |
| Bank of Montreal | 6.04% | 2028-03-15 | 5.70% | US06374VKD72 |
| Bank of Montreal | 5.12% | 2028-09-25 | 5.72% | US06368LWU69 |
| Bank of Montreal | 5.29% | 2028-10-16 | 4.00% | US06376FEA30 |
| Bank of Montreal | 5.46% | 2029-10-09 | 4.65% | US06376BN959 |
| Bank of Montreal | 6.06% | 2029-10-22 | 5.00% | US06376BNN46 |
| Bank of Montreal | 6.04% | 2030-05-23 | 5.00% | US06376DN757 |
| Bank of Montreal | 5.36% | 2030-09-16 | 5.00% | US06376LFS07 |
| Bank of Montreal | 5.31% | 2031-06-04 | 5.51% | US06368L3L88 |
| Bank of Montreal | 5.66% | 2031-07-31 | 5.15% | US06376LFC54 |
| Bank of Montreal | 6.00% | 2032-10-26 | 6.00% | US06376MJ624 |
| Bank of Montreal | 5.99% | 2032-10-29 | 4.50% | US06376FEG00 |
| Bank of Montreal | 5.99% | 2033-06-15 | 5.10% | US06376LZS86 |
| Bank of Montreal | 6.00% | 2033-08-31 | 5.10% | US06376LFN10 |
| Bank of Montreal | 6.28% | 2034-09-25 | 5.00% | US06376BN389 |
| Bank of Montreal | 6.36% | 2034-10-18 | 5.10% | US06376BNM62 |
| Bank of Montreal | 6.42% | 2035-12-14 | 4.90% | US06376J2W00 |
| Bank of Montreal | 6.45% | 2036-06-16 | 5.35% | US06376LZV16 |
| Bank of Montreal | 6.25% | 2036-10-09 | 6.15% | US06376MJ475 |
| Bank of Montreal | 6.49% | 2041-09-11 | 6.00% | US06376LFP67 |