Royal Bank of Canada Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-banks-canada-royal-bank-of-canada
Royal Bank of Canada Bond Yields (USD) as of 2026-07-27: 8Y at 5.45%, fitted curve 1M–8Y (4.60%–5.45%), 17 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.60% | — |
| 3M | 4.60% | 4.60% |
| 6M | 4.60% | 4.61% |
| 9M | 4.61% | 4.61% |
| 12M | 4.61% | 4.62% |
| 18M | 4.62% | 4.64% |
| 2Y | 4.63% | 4.67% |
| 3Y | 4.68% | 4.77% |
| 5Y | 4.89% | 5.21% |
| 7Y | 5.28% | 6.25% |
| 8Y | 5.45% | 6.68% |
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 ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.63% | 4.38% | 4.42% | 4.21% | 4.32% | 3.95% | 3.89% |
| 10Y | — | — | — | — | — | — | — |
| 10Y − 2Y | — | — | — | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 32 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.99%, A+ to BBB- 4.54%.
Bonds in this curve
A selection of 30 of the 32 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Royal Bank of Canada | 3.63% | 2026-08-20 | 0.00% | CA779928VM90 |
| Royal Bank of Canada | 3.80% | 2026-09-03 | 0.00% | CA779928W305 |
| Royal Bank of Canada | 3.88% | 2026-09-14 | 1.05% | US780082AH66 |
| Royal Bank of Canada | 6.63% | 2026-09-14 | 1.05% | USC7976PAC08 |
| Royal Bank of Canada | 3.87% | 2026-09-22 | 0.00% | CA779928WP13 |
| Royal Bank of Canada | 3.85% | 2026-10-08 | 0.00% | CA779928X881 |
| Royal Bank of Canada | 3.78% | 2026-10-28 | 0.00% | CA779928XV71 |
| Royal Bank of Canada | 4.35% | 2026-11-02 | 1.40% | US78016EZZ32 |
| Royal Bank of Canada | 3.87% | 2026-11-10 | 0.00% | CA779928YB09 |
| Royal Bank of Canada | 3.97% | 2026-12-14 | 4.85% | US780082AQ65 |
| Royal Bank of Canada | 5.13% | 2026-12-14 | 4.85% | USC7976PAK24 |
| Royal Bank of Canada | 4.42% | 2027-01-19 | 4.88% | US78016HZT03 |
| Royal Bank of Canada | 4.29% | 2027-01-21 | 2.05% | US78016EYV37 |
| Royal Bank of Canada | 4.00% | 2027-03-12 | 4.00% | US78015J2H97 |
| Royal Bank of Canada | 4.03% | 2027-03-12 | 4.03% | US78015J2R79 |
| Royal Bank of Canada | 4.04% | 2027-03-24 | 2.60% | US780082AJ23 |
| Royal Bank of Canada | 4.82% | 2027-03-24 | 2.60% | USC7976PAD80 |
| Royal Bank of Canada | 4.52% | 2027-05-04 | 3.62% | US78016EZD20 |
| Royal Bank of Canada | 4.20% | 2027-06-08 | 0.00% | CA779928F888 |
| Royal Bank of Canada | 4.39% | 2027-08-03 | 4.24% | US78016FZS63 |
| Royal Bank of Canada | 4.46% | 2027-11-01 | 6.00% | US78016FZU10 |
| Royal Bank of Canada | 4.57% | 2028-01-12 | 4.90% | US78016FZW75 |
| Royal Bank of Canada | 4.56% | 2028-05-10 | 3.00% | US78008SVY98 |
| Royal Bank of Canada | 4.72% | 2028-08-01 | 5.20% | US78016HZS20 |
| Royal Bank of Canada | 4.68% | 2029-02-01 | 4.95% | US78016HZV58 |
| Royal Bank of Canada | 4.14% | 2029-04-06 | 4.14% | US779926H494 |
| Royal Bank of Canada | 4.93% | 2031-11-03 | 2.30% | US78016EYH43 |
| Royal Bank of Canada | 5.11% | 2033-02-01 | 5.00% | US78016FZX58 |
| Royal Bank of Canada | 5.11% | 2034-02-01 | 5.15% | US78016HZW32 |
| Royal Bank of Canada | 5.71% | 2034-01-29 | 5.40% | CA780086Y248 |