Canada AAA–AA Senior Unsecured Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-08-20
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-aaa-aa-canada-callable
Canada AAA–AA Senior Unsecured Callable Corporate Bond Yields (USD) as of 2026-08-20: 8Y at 5.57%, fitted curve 1M–15Y (4.27%–5.95%), 28 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.27% | — |
| 3M | 4.28% | 4.28% |
| 6M | 4.30% | 4.31% |
| 12M | 4.34% | 4.38% |
| 18M | 4.39% | 4.49% |
| 2Y | 4.45% | 4.62% |
| 3Y | 4.59% | 4.88% |
| 4Y | 4.78% | 5.33% |
| 6Y | 5.20% | 6.07% |
| 7Y | 5.41% | 6.62% |
| 8Y | 5.57% | 6.75% |
| 15Y | 5.95% | 6.39% |
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 | Latest2026-08-20 | 1m ago2026-07-13 | 2m ago2026-06-24 | 3m ago2026-05-22 | 4m ago2026-04-22 | 5m ago2026-03-23 | 6m ago2026-02-20 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.45% | 4.68% | 4.51% | 4.54% | 4.22% | 4.28% | 4.10% |
| 10Y | — | 5.29% | — | 5.56% | 5.35% | 5.09% | 5.18% |
| 10Y − 2Y | — | +61 bp | — | +102 bp | +114 bp | +81 bp | +108 bp |
Bonds in this curve
A selection of 30 of the 113 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Ontario Teachers Finance Trust | 3.76% | 2026-09-21 | 0.88% | US68329AAK43 |
| Ontario Teachers Finance Trust | 3.99% | 2026-09-21 | 0.88% | USC69798AM55 |
| Federation des Caisses Desjardins du Quebec | 3.90% | 2026-10-14 | 1.20% | US31430WJB19 |
| Bank of Nova Scotia | 4.69% | 2027-03-09 | 2.17% | USC0574BAB48 |
| Royal Bank of Canada | 4.76% | 2027-03-24 | 2.60% | USC7976PAD80 |
| Toronto-Dominion Bank | 4.17% | 2027-04-20 | 3.30% | USC8888MTC21 |
| Toronto-Dominion Bank | 4.37% | 2027-07-16 | 4.81% | USC8888MBQ09 |
| Toronto-Dominion Bank | 4.11% | 2027-07-16 | 4.81% | US891160TE35 |
| National Bank of Canada | 5.23% | 2027-09-15 | 5.05% | US63305LPB35 |
| National Bank of Canada | 4.94% | 2027-10-29 | 4.80% | US63305LV752 |
| Royal Bank of Canada | 4.72% | 2028-05-10 | 3.00% | US78008SVY98 |
| Toronto-Dominion Bank | 4.40% | 2028-09-13 | 5.14% | USC8920GAA97 |
| Toronto-Dominion Bank | 4.41% | 2028-09-13 | 5.14% | US89117GY359 |
| Bank of Nova Scotia | 4.39% | 2029-03-13 | 3.79% | USC0574BAH18 |
| Ontario Teachers Finance Trust | 4.50% | 2029-04-10 | 4.62% | USC69798AY93 |
| CDP Financial INC | 4.42% | 2029-06-05 | 4.88% | USC23264AX96 |
| National Bank of Canada | 4.82% | 2029-07-17 | 4.65% | US63305MND91 |
| Ontario Teachers Finance Trust | 4.47% | 2030-09-27 | 1.25% | US68329AAH14 |
| Ontario Teachers Finance Trust | 4.60% | 2031-04-16 | 2.00% | USC69798AJ27 |
| National Bank of Canada | 5.23% | 2032-09-30 | 4.60% | US63305LR966 |
| National Bank of Canada | 5.07% | 2032-10-18 | 4.65% | US63305LT947 |
| National Bank of Canada | 5.45% | 2032-12-17 | 5.25% | US63305L3R27 |
| National Bank of Canada | 5.79% | 2033-03-18 | 5.15% | US63305MEA53 |
| National Bank of Canada | 5.55% | 2034-08-16 | 5.30% | US63305LL688 |
| National Bank of Canada | 5.53% | 2034-09-29 | 4.65% | US63305LS386 |
| National Bank of Canada | 5.58% | 2034-10-17 | 4.70% | US63305LU275 |
| National Bank of Canada | 5.65% | 2034-10-31 | 5.05% | US63305LW255 |
| National Bank of Canada | 5.62% | 2035-02-10 | 4.85% | US63305MQ461 |
| National Bank of Canada | 6.00% | 2039-04-04 | 6.00% | US63305LYN71 |
| National Bank of Canada | 5.92% | 2039-10-31 | 5.15% | US63305LW339 |