Bank of Montreal Bond Yields (USD, Senior Unsecured)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-banks-canada-bank-of-montreal
Bank of Montreal Bond Yields (USD, Senior Unsecured) as of 2026-07-27: 10Y at 5.54%, fitted curve 3M–15Y (4.68%–5.68%), 46 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.68% | — |
| 6M | 4.70% | 4.73% |
| 9M | 4.73% | 4.78% |
| 12M | 4.76% | 4.84% |
| 18M | 4.81% | 4.92% |
| 2Y | 4.87% | 5.03% |
| 3Y | 4.98% | 5.20% |
| 4Y | 5.09% | 5.41% |
| 5Y | 5.19% | 5.60% |
| 6Y | 5.28% | 5.75% |
| 7Y | 5.36% | 5.86% |
| 8Y | 5.43% | 5.93% |
| 10Y | 5.54% | 5.98% |
| 15Y | 5.68% | 5.94% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.87% and the 10-year 5.54%, a 10Y−2Y spread of +68 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 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 | 4.87% | 4.65% | 4.64% | 4.50% | 4.66% | 4.25% | 4.34% |
| 10Y | 5.54% | 5.57% | 5.52% | 5.42% | 5.26% | 5.08% | 5.22% |
| 10Y − 2Y | +68 bp | +92 bp | +88 bp | +92 bp | +59 bp | +83 bp | +88 bp |
Yields by rating group
The same curve split by credit quality: 175 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.70%, A+ to BBB- 5.07%.
Bonds in this curve
A selection of 30 of the 175 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bank of Montreal | 5.95% | 2026-09-29 | 6.00% | US06375M4E22 |
| Bank of Montreal | 4.73% | 2026-12-11 | 5.27% | US06368LC537 |
| Bank of Montreal | 4.81% | 2027-01-28 | 2.00% | US06368GF449 |
| Bank of Montreal | 4.53% | 2027-05-13 | 4.15% | US06368GRY51 |
| Bank of Montreal | 4.61% | 2027-06-04 | 5.37% | US06368L3K06 |
| Bank of Montreal | 4.85% | 2027-08-16 | 4.70% | US06376AHJ25 |
| Bank of Montreal | 4.49% | 2027-09-14 | 4.70% | US06368LAQ95 |
| Bank of Montreal | 4.96% | 2027-09-17 | 4.50% | US06376AHW36 |
| Bank of Montreal | 4.90% | 2027-11-05 | 4.50% | US06376BYA06 |
| Bank of Montreal | 4.72% | 2028-02-01 | 5.20% | US06368LGV27 |
| Bank of Montreal | 5.34% | 2028-02-18 | 4.75% | US06376CHN92 |
| Bank of Montreal | 4.65% | 2028-06-28 | 4.69% | USC0623PAU24 |
| Bank of Montreal | 4.78% | 2028-09-25 | 5.72% | US06368LWU69 |
| Bank of Montreal | 5.37% | 2028-12-22 | 5.50% | US06375MGH25 |
| Bank of Montreal | 5.12% | 2029-01-29 | 4.10% | US06376JHD63 |
| Bank of Montreal | 4.78% | 2029-03-27 | 4.55% | US06376KE959 |
| Bank of Montreal | 4.65% | 2029-09-06 | 4.75% | US06376AHS24 |
| Bank of Montreal | 5.27% | 2030-05-28 | 5.25% | US06376DNB63 |
| Bank of Montreal | 4.82% | 2030-12-02 | 4.30% | US06376J2H33 |
| Bank of Montreal | 5.00% | 2031-01-13 | 4.40% | US06376JHH77 |
| Bank of Montreal | 5.52% | 2031-02-25 | 4.40% | US06376JWE71 |
| Bank of Montreal | 5.06% | 2031-06-04 | 5.51% | US06368L3L88 |
| Bank of Montreal | 5.28% | 2032-08-30 | 5.00% | US06376AHN37 |
| Bank of Montreal | 5.33% | 2032-10-22 | 5.00% | US06376KEE47 |
| Bank of Montreal | 5.15% | 2033-11-14 | 5.00% | US06376KEM62 |
| Bank of Montreal | 6.09% | 2034-05-15 | 6.00% | US06376A5L09 |
| Bank of Montreal | 5.70% | 2036-11-21 | 5.40% | US06376BYF92 |
| Bank of Montreal | 5.54% | 2038-04-08 | 5.50% | US06376KE793 |
| Bank of Montreal | 5.91% | 2039-10-11 | 5.00% | US06376BNJ34 |
| Bank of Montreal | 5.63% | 2041-04-29 | 5.40% | US06376KEJ34 |