Canada Senior Unsecured Non-Callable Banks Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-14
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-banks-canada-non-callable
Canada Senior Unsecured Non-Callable Banks Corporate Bond Yields (USD) as of 2026-09-14: 9Y at 5.76%, fitted curve 3M–9Y (4.21%–5.76%), 33 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.21% | — |
| 6M | 4.35% | 4.59% |
| 12M | 4.58% | 4.88% |
| 18M | 4.74% | 5.13% |
| 2Y | 4.87% | 5.36% |
| 3Y | 5.09% | 5.65% |
| 4Y | 5.26% | 5.91% |
| 5Y | 5.38% | 6.05% |
| 6Y | 5.48% | 6.16% |
| 7Y | 5.57% | 6.35% |
| 9Y | 5.76% | 6.74% |
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 | Latest2026-09-14 | 1m ago2026-08-14 | 2m ago2026-07-16 | 3m ago2026-06-16 | 4m ago2026-05-18 | 5m ago2026-04-22 | 6m ago2026-03-18 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.87% | 4.50% | 4.58% | 4.42% | 4.42% | 4.21% | 4.31% |
| 10Y | — | — | — | — | — | — | 5.23% |
| 10Y − 2Y | — | — | — | — | — | — | +92 bp |
Yields by rating group
The same curve split by credit quality: 44 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.89%, A+ to BBB- 4.96%.
Bonds in this curve
A selection of 30 of the 44 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Toronto-Dominion Bank | 4.44% | 2026-12-11 | 5.26% | US89115A2V36 |
| Toronto-Dominion Bank | 3.96% | 2026-12-17 | 4.57% | US89115A3A89 |
| Toronto-Dominion Bank | 4.28% | 2027-01-12 | 1.95% | US89114TZN52 |
| Royal Bank of Canada | 4.37% | 2027-01-19 | 4.88% | US78016HZT03 |
| Toronto-Dominion Bank | 4.43% | 2027-04-05 | 4.98% | US89115A2W19 |
| Federation des Caisses Desjardins du Quebec | 4.45% | 2027-08-23 | 4.55% | US31429KAH68 |
| Toronto-Dominion Bank | 4.61% | 2027-09-15 | 4.69% | US89115A2H42 |
| Royal Bank of Canada | 4.72% | 2027-11-01 | 6.00% | US78016FZU10 |
| Toronto-Dominion Bank | 4.94% | 2028-01-10 | 5.16% | US89115A2M37 |
| Toronto-Dominion Bank | 4.96% | 2028-06-02 | 4.57% | US89115KAD28 |
| Federation des Caisses Desjardins du Quebec | 4.77% | 2028-05-26 | 4.50% | US31429KAR41 |
| Toronto-Dominion Bank | 4.94% | 2028-07-17 | 5.52% | US89115A2U52 |
| Toronto-Dominion Bank | 4.97% | 2028-10-13 | 4.11% | US89115KAE01 |
| National Bank of Canada | 4.81% | 2028-12-18 | 5.60% | US63307A2X29 |
| Royal Bank of Canada | 4.96% | 2029-02-01 | 4.95% | US78016HZV58 |
| Toronto-Dominion Bank | 5.05% | 2029-04-05 | 4.99% | US89115A2Y74 |
| Toronto-Dominion Bank | 5.17% | 2029-04-23 | 4.36% | US89115KAP57 |
| Toronto-Dominion Bank | 5.16% | 2029-07-27 | 4.85% | US89115KAS96 |
| National Bank of Canada | 5.13% | 2029-10-10 | 4.50% | US63307A3B99 |
| Toronto-Dominion Bank | 5.12% | 2029-12-17 | 4.78% | US89115A3C46 |
| Toronto-Dominion Bank | 5.25% | 2030-06-03 | 4.81% | US89115KAB61 |
| Federation des Caisses Desjardins du Quebec | 5.32% | 2030-08-26 | 4.57% | US31429KAP84 |
| Federation des Caisses Desjardins du Quebec | 5.38% | 2031-05-27 | 5.02% | US31429KAQ67 |
| National Bank of Canada | 5.00% | 2031-07-31 | 4.75% | US63305TPK69 |
| National Bank of Canada | 4.75% | 2031-08-31 | 4.85% | US63305TSM98 |
| Toronto-Dominion Bank | 5.20% | 2031-09-10 | 2.00% | US89114TZJ41 |
| Toronto-Dominion Bank | 5.44% | 2032-01-12 | 2.45% | US89114TZQ83 |
| Royal Bank of Canada | 5.37% | 2032-03-30 | 4.00% | US78014RED89 |
| Toronto-Dominion Bank | 5.59% | 2033-04-22 | 4.87% | US89115KAR14 |
| Toronto-Dominion Bank | 5.74% | 2035-10-15 | 4.93% | US89115KAJ97 |