Canada AAA–AA Senior Unsecured Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-04
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-aaa-aa-canada-non-callable
Canada AAA–AA Senior Unsecured Non-Callable Corporate Bond Yields (USD) as of 2026-09-04: 5Y at 4.75%, fitted curve 3M–5Y (4.08%–4.75%), 19 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.08% | — |
| 6M | 4.17% | 4.35% |
| 12M | 4.34% | 4.56% |
| 18M | 4.47% | 4.80% |
| 2Y | 4.57% | 4.94% |
| 3Y | 4.68% | 4.98% |
| 4Y | 4.73% | 4.94% |
| 5Y | 4.75% | 4.89% |
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 | Latest2026-09-04 | 1m ago— | 2m ago2026-07-06 | 3m ago2026-06-03 | 4m ago2026-05-07 | 5m ago2026-04-06 | 6m ago2026-03-18 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.57% | — | 4.50% | 4.32% | 4.23% | 4.29% | 4.27% |
| 10Y | — | — | — | — | — | 5.21% | 5.13% |
| 10Y − 2Y | — | — | — | — | — | +92 bp | +86 bp |
Bonds in this curve
A selection of 30 of the 45 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bank of Montreal | 3.44% | 2026-10-14 | 1.25% | XS3369498665 |
| Royal Bank of Canada | 4.11% | 2026-12-14 | 4.85% | USC7976PAK24 |
| Royal Bank of Canada | 4.10% | 2026-12-14 | 4.85% | US780082AQ65 |
| CDP Financial INC | 4.03% | 2027-02-01 | 1.75% | US125094AX03 |
| CDP Financial INC | 4.03% | 2027-02-01 | 1.75% | USC23264AN15 |
| National Bank of Canada | 3.81% | 2027-04-06 | 2.90% | USC60191BF63 |
| National Bank of Canada | 4.25% | 2027-04-06 | 2.90% | US633469AB74 |
| Cppib Capital INC | 4.09% | 2027-06-15 | 3.25% | US22411VAX64 |
| Cppib Capital INC | 4.11% | 2027-06-15 | 3.25% | US22411WAW64 |
| PSP Capital INC | 3.89% | 2027-06-29 | 3.50% | US69376P2D61 |
| Cppib Capital INC | 4.70% | 2027-11-02 | 2.75% | US22411WAD83 |
| Cppib Capital INC | 4.24% | 2027-11-02 | 2.75% | US22411VAD01 |
| Ontario Teachers Finance Trust | 4.32% | 2028-04-25 | 4.25% | US68329AAP30 |
| Ontario Teachers Finance Trust | 4.70% | 2028-04-25 | 4.25% | USC69798AX11 |
| Royal Bank of Canada | 4.77% | 2028-05-14 | 4.15% | XS2993461701 |
| Bank of Montreal | 4.73% | 2028-06-28 | 4.69% | USC0623PAU24 |
| Cppib Capital INC | 4.25% | 2028-10-15 | 3.62% | US22411WBG06 |
| PSP Capital INC | 4.64% | 2028-10-26 | 1.62% | US69376Q2B87 |
| Ontario Teachers Finance Trust | 4.47% | 2029-04-10 | 4.62% | US68329AAQ13 |
| Cppib Capital INC | 4.48% | 2029-08-26 | 4.25% | US22411WBJ45 |
| Cppib Capital INC | 4.43% | 2029-08-26 | 4.25% | US22411VBJ61 |
| Cppib Capital INC | 4.65% | 2029-11-01 | 2.00% | US22411WAK27 |
| Canadian Imperial Bank of Commerce | 4.65% | 2030-01-14 | 4.88% | US13607PVU55 |
| Cppib Capital INC | 4.39% | 2030-06-10 | 4.12% | US22411WBD74 |
| Cppib Capital INC | 4.70% | 2031-01-28 | 1.25% | US22411WAQ96 |
| Omers Finance Trust | 4.76% | 2031-03-26 | 4.75% | USC68012AK67 |
| PSP Capital INC | 4.71% | 2031-06-30 | 4.25% | US69376Q2F91 |
| Omers Finance Trust | 4.21% | 2032-04-19 | 3.50% | US682142AG97 |
| Omers Finance Trust | 4.37% | 2032-04-19 | 3.50% | USC68012AF72 |
| Royal Bank of Canada | 5.71% | 2034-01-29 | 5.40% | CA780086Y248 |