Bank of Montreal Bond Yields (USD, Callable)
Fitted spot curve as of 2026-09-07
https://bondscovery.com/yield-curve/usd-corporate-banks-canada-callable-bank-of-montreal
Bank of Montreal Bond Yields (USD, Callable) as of 2026-09-07: 10Y at 5.83%, fitted curve 3M–15Y (4.60%–6.02%), 46 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.60% | — |
| 6M | 4.64% | 4.80% |
| 9M | 4.69% | 4.88% |
| 12M | 4.73% | 4.88% |
| 18M | 4.82% | 5.06% |
| 2Y | 4.91% | 5.24% |
| 3Y | 5.07% | 5.50% |
| 4Y | 5.22% | 5.82% |
| 5Y | 5.36% | 6.09% |
| 6Y | 5.49% | 6.31% |
| 8Y | 5.68% | 6.55% |
| 10Y | 5.83% | 6.72% |
| 15Y | 6.02% | 6.74% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.91% and the 10-year 5.83%, a 10Y−2Y spread of +92 bp — positively sloped — as of 2026-09-07. 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 | Latest2026-09-07 | 1m ago2026-08-07 | 2m ago2026-07-09 | 3m ago2026-06-09 | 4m ago2026-05-11 | 5m ago2026-04-10 | 6m ago2026-03-11 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.91% | 4.90% | 4.67% | 4.77% | 4.72% | 4.59% | 4.27% |
| 10Y | 5.83% | 5.68% | 5.74% | 5.45% | 5.41% | 5.24% | 5.12% |
| 10Y − 2Y | +92 bp | +79 bp | +107 bp | +68 bp | +69 bp | +65 bp | +85 bp |
Yields by rating group
The same curve split by credit quality: 220 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.10%, A+ to BBB- 5.09%.
Bonds in this curve
A selection of 30 of the 220 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bank of Montreal | 4.70% | 2026-12-11 | 5.27% | US06368LC537 |
| Bank of Montreal | 4.47% | 2026-12-22 | 5.45% | US06375MGF68 |
| Bank of Montreal | 4.45% | 2027-01-28 | 2.00% | US06368GF449 |
| Bank of Montreal | 4.70% | 2027-02-16 | 5.35% | US06375MP581 |
| Bank of Montreal | 3.95% | 2027-03-08 | 2.65% | US06368FAJ84 |
| Bank of Montreal | 5.05% | 2027-04-14 | 3.75% | US06368GNT03 |
| Bank of Montreal | 5.04% | 2027-04-28 | 3.80% | US06368GQN06 |
| Bank of Montreal | 4.51% | 2027-06-04 | 5.37% | US06368L3K06 |
| Bank of Montreal | 4.43% | 2027-09-14 | 4.70% | US06368LAQ95 |
| Bank of Montreal | 5.04% | 2027-10-07 | 4.45% | US06376BNC80 |
| Bank of Montreal | 4.73% | 2028-02-01 | 5.20% | US06368LGV27 |
| Bank of Montreal | 4.66% | 2028-05-08 | 4.70% | US06376DN344 |
| Bank of Montreal | 4.86% | 2028-09-25 | 5.72% | US06368LWU69 |
| Bank of Montreal | 4.78% | 2028-11-13 | 4.00% | US06376FEX33 |
| Bank of Montreal | 5.04% | 2029-06-15 | 4.50% | US06368GVC85 |
| Bank of Montreal | 5.62% | 2029-07-16 | 5.40% | US06376AHB98 |
| Bank of Montreal | 5.01% | 2029-10-09 | 4.65% | US06376BN959 |
| Bank of Montreal | 5.25% | 2030-09-30 | 4.45% | US06376FE397 |
| Bank of Montreal | 5.59% | 2030-12-16 | 4.40% | US06376J2U44 |
| Bank of Montreal | 5.28% | 2031-02-12 | 4.60% | US06376JHW45 |
| Bank of Montreal | 5.24% | 2031-04-10 | 5.00% | US06376KE538 |
| Bank of Montreal | 5.16% | 2031-06-04 | 5.51% | US06368L3L88 |
| Bank of Montreal | 5.37% | 2032-09-24 | 2.25% | US06367WYB35 |
| Bank of Montreal | 5.25% | 2032-10-29 | 4.50% | US06376FEG00 |
| Bank of Montreal | 5.83% | 2034-05-15 | 5.65% | US06376A5P13 |
| Bank of Montreal | 5.79% | 2034-10-18 | 5.10% | US06376BNM62 |
| Bank of Montreal | 5.95% | 2036-10-02 | 4.75% | US06376BNB08 |
| Bank of Montreal | 5.71% | 2038-04-15 | 5.35% | US06376KEB08 |
| Bank of Montreal | 6.00% | 2041-01-25 | 2.12% | US06368EBW12 |
| Bank of Montreal | 6.08% | 2041-04-29 | 5.40% | US06376KEJ34 |