5-Year Government of Canada Bond Yield

(BOND_5Y)
Observations
Oct 2026: 3.51
Updated: 2026-11-02, 10:39:32 a.m. ET
Units
Percent,
Benchmark bond yield, daily
Frequency
Daily
Source
Bank of Canada, Valet
Series ID
BOND_5Y
Valet BD.CDN.5YR.DQ.YLD
CRED5-Year Government of Canada Bond Yield
COVID-19 recessionGlobal Financial Crisis0123456200120042007201020132016201920222026Percent2001-01-02: 5.192001-01-24: 5.32001-02-15: 5.282001-03-09: 5.022001-04-02: 5.192001-04-25: 5.232001-05-17: 5.572001-06-11: 5.342001-07-04: 5.592001-07-26: 5.312001-08-20: 5.12001-09-12: 4.562001-10-04: 4.512001-10-29: 4.262001-11-21: 4.722001-12-13: 4.732002-01-09: 4.562002-01-31: 4.752002-02-22: 4.572002-03-18: 5.152002-04-10: 5.162002-05-02: 52002-05-27: 52002-06-18: 4.722002-07-11: 4.622002-08-02: 4.062002-08-27: 4.532002-09-19: 4.122002-10-11: 4.292002-11-05: 4.282002-11-28: 4.372002-12-20: 4.092003-01-16: 4.152003-02-07: 4.282003-03-03: 4.182003-03-25: 4.482003-04-16: 4.372003-05-09: 4.082003-06-03: 3.582003-06-25: 3.552003-07-18: 3.712003-08-12: 3.912003-09-04: 4.22003-09-26: 3.792003-10-21: 4.122003-11-13: 4.132003-12-05: 4.062003-12-31: 3.912004-01-23: 3.622004-02-16: 3.482004-03-09: 3.312004-03-31: 3.352004-04-23: 3.792004-05-17: 3.952004-06-09: 4.172004-07-02: 3.962004-07-26: 42004-08-18: 3.822004-09-10: 4.062004-10-04: 4.072004-10-27: 3.942004-11-19: 3.922004-12-13: 3.622005-01-07: 3.762005-01-31: 3.572005-02-22: 3.552005-03-16: 3.782005-04-08: 3.652005-05-02: 3.532005-05-25: 3.442005-06-16: 3.292005-07-11: 3.342005-08-03: 3.392005-08-25: 3.322005-09-19: 3.472005-10-12: 3.692005-11-03: 3.912005-11-28: 3.812005-12-20: 3.912006-01-16: 3.882006-02-07: 4.112006-03-01: 4.082006-03-23: 4.122006-04-17: 4.262006-05-09: 4.292006-06-01: 4.262006-06-23: 4.492006-07-18: 4.352006-08-10: 4.182006-09-01: 3.982006-09-26: 3.872006-10-19: 4.082006-11-10: 3.912006-12-05: 3.762006-12-29: 3.992007-01-23: 4.062007-02-14: 4.062007-03-08: 3.882007-03-30: 4.012007-04-24: 4.12007-05-16: 4.212007-06-08: 4.662007-07-03: 4.552007-07-25: 4.632007-08-17: 4.312007-09-11: 4.252007-10-03: 4.242007-10-26: 4.22007-11-20: 3.862007-12-12: 3.872008-01-08: 3.632008-01-30: 3.52008-02-22: 3.472008-03-17: 2.742008-04-09: 3.032008-05-01: 3.042008-05-26: 3.292008-06-17: 3.522008-07-10: 3.372008-08-01: 3.192008-08-26: 3.082008-09-18: 2.942008-10-10: 2.932008-11-04: 2.82008-11-27: 2.472008-12-19: 1.842009-01-15: 1.562009-02-06: 1.932009-03-03: 1.872009-03-25: 1.952009-04-17: 1.972009-05-11: 2.072009-06-03: 2.412009-06-25: 2.532009-07-20: 2.522009-08-12: 2.622009-09-03: 2.572009-09-28: 2.572009-10-21: 2.722009-11-13: 2.692009-12-07: 2.482009-12-31: 2.772010-01-25: 2.472010-02-17: 2.522010-03-11: 2.792010-04-05: 3.022010-04-27: 3.012010-05-19: 2.692010-06-11: 2.732010-07-06: 2.342010-07-28: 2.442010-08-20: 2.192010-09-14: 2.222010-10-06: 1.972010-10-29: 1.972010-11-23: 2.372010-12-15: 2.562011-01-11: 2.512011-02-02: 2.622011-02-25: 2.582011-03-21: 2.582011-04-12: 2.82011-05-05: 2.52011-05-30: 2.322011-06-21: 2.22011-07-14: 2.212011-08-08: 1.512011-08-30: 1.62011-09-22: 1.282011-10-17: 1.532011-11-08: 1.442011-12-01: 1.42011-12-23: 1.312012-01-19: 1.352012-02-10: 1.412012-03-06: 1.392012-03-28: 1.572012-04-20: 1.642012-05-14: 1.462012-06-06: 1.272012-06-28: 1.172012-07-23: 1.122012-08-15: 1.512012-09-07: 1.422012-10-01: 1.282012-10-24: 1.392012-11-16: 1.292012-12-10: 1.282013-01-04: 1.492013-01-28: 1.482013-02-20: 1.462013-03-14: 1.412013-04-08: 1.242013-04-30: 1.162013-05-23: 1.382013-06-14: 1.522013-07-09: 1.782013-07-31: 1.742013-08-23: 1.942013-09-17: 2.112013-10-09: 1.892013-11-01: 1.782013-11-26: 1.712013-12-18: 1.822014-01-14: 1.762014-02-05: 1.582014-02-28: 1.622014-03-24: 1.722014-04-15: 1.632014-05-08: 1.652014-06-02: 1.562014-06-24: 1.582014-07-17: 1.452014-08-11: 1.522014-09-03: 1.582014-09-25: 1.622014-10-20: 1.42014-11-12: 1.542014-12-04: 1.432014-12-30: 1.362015-01-22: 0.842015-02-13: 0.732015-03-10: 0.922015-04-01: 0.732015-04-24: 0.872015-05-19: 1.12015-06-10: 1.092015-07-03: 0.82015-07-27: 0.772015-08-19: 0.652015-09-11: 0.772015-10-05: 0.792015-10-28: 0.822015-11-20: 0.932015-12-14: 0.792016-01-08: 0.642016-02-01: 0.672016-02-24: 0.642016-03-17: 0.712016-04-11: 0.712016-05-03: 0.812016-05-26: 0.762016-06-17: 0.592016-07-12: 0.62016-08-04: 0.622016-08-26: 0.722016-09-20: 0.712016-10-13: 0.742016-11-04: 0.662016-11-29: 0.952016-12-21: 1.212017-01-17: 1.092017-02-08: 1.012017-03-03: 1.172017-03-27: 1.092017-04-19: 12017-05-11: 1.032017-06-05: 0.942017-06-27: 1.212017-07-20: 1.512017-08-14: 1.482017-09-06: 1.662017-09-28: 1.782017-10-23: 1.692017-11-15: 1.632017-12-07: 1.652018-01-03: 1.862018-01-25: 2.042018-02-16: 2.112018-03-13: 2.032018-04-05: 2.032018-04-27: 2.122018-05-22: 2.32018-06-13: 2.172018-07-06: 2.042018-07-30: 2.192018-08-22: 2.182018-09-14: 2.262018-10-09: 2.452018-10-31: 2.422018-11-23: 2.292018-12-17: 1.982019-01-11: 1.892019-02-04: 1.862019-02-27: 1.82019-03-21: 1.562019-04-12: 1.642019-05-07: 1.552019-05-30: 1.452019-06-21: 1.372019-07-16: 1.512019-08-08: 1.232019-08-30: 1.182019-09-24: 1.342019-10-17: 1.582019-11-08: 1.552019-12-03: 1.482019-12-27: 1.622020-01-21: 1.532020-02-12: 1.392020-03-06: 0.662020-03-30: 0.622020-04-22: 0.452020-05-14: 0.362020-06-08: 0.482020-06-30: 0.362020-07-23: 0.352020-08-17: 0.392020-09-09: 0.372020-10-01: 0.352020-10-26: 0.382020-11-18: 0.442020-12-10: 0.462021-01-06: 0.412021-01-28: 0.412021-02-22: 0.672021-03-16: 1.032021-04-08: 0.922021-04-30: 0.932021-05-25: 0.862021-06-16: 0.922021-07-09: 0.942021-08-03: 0.752021-08-25: 0.872021-09-17: 0.92021-10-13: 1.272021-11-04: 1.392021-11-29: 1.412021-12-21: 1.292022-01-17: 1.612022-02-08: 1.692022-03-03: 1.592022-03-25: 2.492022-04-19: 2.72022-05-11: 2.82022-06-03: 2.962022-06-27: 3.242022-07-20: 3.152022-08-12: 2.912022-09-06: 3.332022-09-28: 3.242022-10-24: 3.712022-11-16: 3.262022-12-08: 3.012023-01-04: 3.282023-01-26: 2.952023-02-17: 3.452023-03-14: 3.012023-04-05: 2.872023-04-28: 2.972023-05-23: 3.412023-06-14: 3.722023-07-07: 3.982023-07-31: 3.92023-08-23: 4.022023-09-15: 4.022023-10-11: 4.152023-11-02: 3.942023-11-27: 3.762023-12-19: 3.262024-01-15: 3.272024-02-06: 3.522024-02-29: 3.572024-03-22: 3.482024-04-16: 3.762024-05-08: 3.682024-05-31: 3.672024-06-24: 3.372024-07-17: 3.312024-08-09: 3.022024-09-03: 2.942024-09-25: 2.792024-10-21: 2.982024-11-13: 3.142024-12-05: 2.932024-12-31: 2.962025-01-23: 3.032025-02-14: 2.792025-03-11: 2.642025-04-02: 2.582025-04-25: 2.782025-05-20: 2.882025-06-11: 2.932025-07-04: 2.912025-07-28: 3.072025-08-20: 2.962025-09-12: 2.752025-10-07: 2.732025-10-30: 2.712025-11-24: 2.762025-12-16: 2.962026-01-12: 2.932026-02-03: 2.952026-02-26: 2.712026-03-20: 3.232026-04-14: 3.042026-05-06: 3.152026-05-29: 3.052026-06-22: 3.092026-07-15: 3.142026-08-07: 3.262026-08-31: 3.332026-09-23: 3.692026-10-19: 3.64
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Notes

Units: Percent, Benchmark bond yield, daily

Frequency: Daily

Notes: The yield on the 5-year Government of Canada benchmark bond. Lenders price most Canadian fixed-rate mortgages off the 5-year GoC yield, so it is the market rate that most directly sets what households pay for a 5-year fixed mortgage. Published daily.

Suggested Citation: Bank of Canada, 5-Year Government of Canada Bond Yield BOND_5Y, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/BOND_5Y, November 2, 2026.

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CREDBank of Canada Policy Interest Rate
COVID-19 recession00.511.522.533.544.555.5201620182020202220242026Percent2016-10-01: 0.52016-11-01: 0.52016-12-01: 0.52017-01-01: 0.52017-02-01: 0.52017-03-01: 0.52017-04-01: 0.52017-05-01: 0.52017-06-01: 0.52017-07-01: 0.752017-08-01: 0.752017-09-01: 12017-10-01: 12017-11-01: 12017-12-01: 12018-01-01: 1.252018-02-01: 1.252018-03-01: 1.252018-04-01: 1.252018-05-01: 1.252018-06-01: 1.252018-07-01: 1.52018-08-01: 1.52018-09-01: 1.52018-10-01: 1.752018-11-01: 1.752018-12-01: 1.752019-01-01: 1.752019-02-01: 1.752019-03-01: 1.752019-04-01: 1.752019-05-01: 1.752019-06-01: 1.752019-07-01: 1.752019-08-01: 1.752019-09-01: 1.752019-10-01: 1.752019-11-01: 1.752019-12-01: 1.752020-01-01: 1.752020-02-01: 1.752020-03-01: 0.252020-04-01: 0.252020-05-01: 0.252020-06-01: 0.252020-07-01: 0.252020-08-01: 0.252020-09-01: 0.252020-10-01: 0.252020-11-01: 0.252020-12-01: 0.252021-01-01: 0.252021-02-01: 0.252021-03-01: 0.252021-04-01: 0.252021-05-01: 0.252021-06-01: 0.252021-07-01: 0.252021-08-01: 0.252021-09-01: 0.252021-10-01: 0.252021-11-01: 0.252021-12-01: 0.252022-01-01: 0.252022-02-01: 0.252022-03-01: 0.52022-04-01: 12022-05-01: 12022-06-01: 1.52022-07-01: 2.52022-08-01: 2.52022-09-01: 3.252022-10-01: 3.752022-11-01: 3.752022-12-01: 4.252023-01-01: 4.52023-02-01: 4.52023-03-01: 4.52023-04-01: 4.52023-05-01: 4.52023-06-01: 4.752023-07-01: 52023-08-01: 52023-09-01: 52023-10-01: 52023-11-01: 52023-12-01: 52024-01-01: 52024-02-01: 52024-03-01: 52024-04-01: 52024-05-01: 52024-06-01: 4.752024-07-01: 4.52024-08-01: 4.52024-09-01: 4.252024-10-01: 3.752024-11-01: 3.752024-12-01: 3.252025-01-01: 32025-02-01: 32025-03-01: 2.752025-04-01: 2.752025-05-01: 2.752025-06-01: 2.752025-07-01: 2.752025-08-01: 2.752025-09-01: 2.52025-10-01: 2.252025-11-01: 2.252025-12-01: 2.252026-01-01: 2.252026-02-01: 2.252026-03-01: 2.252026-04-01: 2.252026-05-01: 2.252026-06-01: 2.252026-07-01: 2.252026-08-01: 2.252026-09-01: 2.25
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

Bank of Canada Policy Interest Rate

CREDOvernight Money Market Rate
COVID-19 recession00.511.522.533.544.555.5201620182020202220242026Percent2016-11-01: 0.48932016-12-01: 0.49362017-01-01: 0.48852017-02-01: 0.48872017-03-01: 0.50032017-04-01: 0.49532017-05-01: 0.48862017-06-01: 0.49412017-07-01: 0.74142017-08-01: 0.74732017-09-01: 0.99412017-10-01: 0.99552017-11-01: 0.99162017-12-01: 0.9972018-01-01: 1.24612018-02-01: 1.23672018-03-01: 1.24572018-04-01: 1.24612018-05-01: 1.24342018-06-01: 1.24642018-07-01: 1.49482018-08-01: 1.49612018-09-01: 1.49792018-10-01: 1.74762018-11-01: 1.74732018-12-01: 1.75162019-01-01: 1.74622019-02-01: 1.74552019-03-01: 1.74612019-04-01: 1.74592019-05-01: 1.7452019-06-01: 1.74292019-07-01: 1.74692019-08-01: 1.74812019-09-01: 1.74542019-10-01: 1.74722019-11-01: 1.74872019-12-01: 1.74792020-01-01: 1.74872020-02-01: 1.74852020-03-01: 0.74062020-04-01: 0.23412020-05-01: 0.23792020-06-01: 0.23272020-07-01: 0.24072020-08-01: 0.23372020-09-01: 0.21812020-10-01: 0.23372020-11-01: 0.23362020-12-01: 0.17412021-01-01: 0.18262021-02-01: 0.21432021-03-01: 0.15292021-04-01: 0.16692021-05-01: 0.18722021-06-01: 0.18732021-07-01: 0.1932021-08-01: 0.20262021-09-01: 0.18242021-10-01: 0.20252021-11-01: 0.20782021-12-01: 0.12742022-01-01: 0.18112022-02-01: 0.17542022-03-01: 0.44032022-04-01: 0.92082022-05-01: 0.94862022-06-01: 1.44792022-07-01: 2.46562022-08-01: 2.48122022-09-01: 3.2132022-10-01: 3.23482022-11-01: 3.74772022-12-01: 4.24982023-01-01: 4.24512023-02-01: 4.47642023-03-01: 4.49682023-04-01: 4.49242023-05-01: 4.49292023-06-01: 4.73632023-07-01: 4.99152023-08-01: 4.9972023-09-01: 4.99062023-10-01: 5.01052023-11-01: 5.01392023-12-01: 5.02182024-01-01: 5.02992024-02-01: 5.00172024-03-01: 5.0052024-04-01: 4.99732024-05-01: 5.00252024-06-01: 4.76352024-07-01: 4.5082024-08-01: 4.51492024-09-01: 4.26622024-10-01: 3.77742024-11-01: 3.75822024-12-01: 3.27692025-01-01: 3.27232025-02-01: 2.9832025-03-01: 2.73852025-04-01: 2.73772025-05-01: 2.74342025-06-01: 2.74412025-07-01: 2.7472025-08-01: 2.75982025-09-01: 2.52792025-10-01: 2.50012025-11-01: 2.23392025-12-01: 2.27112026-01-01: 2.24912026-02-01: 2.24922026-03-01: 2.26492026-04-01: 2.26592026-05-01: 2.24222026-06-01: 2.28752026-07-01: 2.25992026-08-01: 2.23612026-09-01: 2.27892026-10-01: 2.2339
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Overnight Money Market Rate

CREDCORRA
2.252.32.352.42.452.52.55May 2026May 2026Jun 2026Jun 2026Jul 2026Jul 2026Aug 2026Aug 2026Sep 2026Sep 2026Oct 2026Oct 2026Percent2026-05-08: 2.262026-05-11: 2.252026-05-12: 2.252026-05-13: 2.252026-05-14: 2.252026-05-15: 2.252026-05-19: 2.252026-05-20: 2.262026-05-21: 2.262026-05-22: 2.262026-05-25: 2.272026-05-26: 2.272026-05-27: 2.252026-05-28: 2.252026-05-29: 2.252026-06-01: 2.262026-06-02: 2.262026-06-03: 2.282026-06-04: 2.262026-06-05: 2.262026-06-08: 2.262026-06-09: 2.262026-06-10: 2.252026-06-11: 2.272026-06-12: 2.272026-06-15: 2.272026-06-16: 2.282026-06-17: 2.292026-06-18: 2.32026-06-19: 2.332026-06-22: 2.32026-06-23: 2.32026-06-24: 2.32026-06-25: 2.312026-06-26: 2.322026-06-29: 2.312026-06-30: 2.342026-07-02: 2.32026-07-03: 2.312026-07-06: 2.312026-07-07: 2.282026-07-08: 2.282026-07-09: 2.292026-07-10: 2.32026-07-13: 2.32026-07-14: 2.282026-07-15: 2.312026-07-16: 2.32026-07-17: 2.292026-07-20: 2.292026-07-21: 2.292026-07-22: 2.282026-07-23: 2.272026-07-24: 2.282026-07-27: 2.282026-07-28: 2.282026-07-29: 2.312026-07-30: 2.312026-07-31: 2.372026-08-04: 2.332026-08-05: 2.312026-08-06: 2.32026-08-07: 2.32026-08-10: 2.282026-08-11: 2.272026-08-12: 2.272026-08-13: 2.272026-08-14: 2.262026-08-17: 2.272026-08-18: 2.262026-08-19: 2.262026-08-20: 2.252026-08-21: 2.252026-08-24: 2.252026-08-25: 2.252026-08-26: 2.252026-08-27: 2.252026-08-28: 2.252026-08-31: 2.272026-09-01: 2.292026-09-02: 2.32026-09-03: 2.32026-09-04: 2.292026-09-08: 2.292026-09-09: 2.292026-09-10: 2.32026-09-11: 2.32026-09-14: 2.282026-09-15: 2.292026-09-16: 2.292026-09-17: 2.292026-09-18: 2.292026-09-21: 2.292026-09-22: 2.292026-09-23: 2.292026-09-24: 2.32026-09-25: 2.32026-09-28: 2.32026-09-29: 2.312026-10-01: 2.32026-10-02: 2.32026-10-05: 2.292026-10-06: 2.292026-10-07: 2.292026-10-08: 2.282026-10-09: 2.282026-10-13: 2.282026-10-14: 2.272026-10-15: 2.272026-10-16: 2.262026-10-19: 2.262026-10-20: 2.252026-10-21: 2.252026-10-22: 2.252026-10-23: 2.242026-10-26: 2.242026-10-27: 2.242026-10-28: 2.242026-10-29: 2.492026-10-30: 2.55
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

CORRA

CRED2-Year Government of Canada Bond Yield
2.72.82.933.13.23.33.43.5May 2026May 2026Jun 2026Jun 2026Jul 2026Jul 2026Aug 2026Aug 2026Sep 2026Sep 2026Oct 2026Oct 2026Percent2026-05-08: 2.862026-05-11: 2.932026-05-12: 2.972026-05-13: 2.962026-05-14: 2.962026-05-15: 3.072026-05-19: 3.042026-05-20: 2.932026-05-21: 2.912026-05-22: 2.922026-05-25: 2.842026-05-26: 2.842026-05-27: 2.862026-05-28: 2.842026-05-29: 2.772026-06-01: 2.812026-06-02: 2.82026-06-03: 2.812026-06-04: 2.82026-06-05: 2.872026-06-08: 2.872026-06-09: 2.852026-06-10: 2.832026-06-11: 2.772026-06-12: 2.762026-06-15: 2.762026-06-16: 2.752026-06-17: 2.822026-06-18: 2.782026-06-19: 2.782026-06-22: 2.812026-06-23: 2.782026-06-24: 2.732026-06-25: 2.752026-06-26: 2.752026-06-29: 2.732026-06-30: 2.742026-07-02: 2.762026-07-03: 2.752026-07-06: 2.722026-07-07: 2.82026-07-08: 2.852026-07-09: 2.82026-07-10: 2.822026-07-13: 2.882026-07-14: 2.862026-07-15: 2.822026-07-16: 2.832026-07-17: 2.862026-07-20: 2.842026-07-21: 2.822026-07-22: 2.892026-07-23: 2.962026-07-24: 2.92026-07-27: 2.872026-07-28: 2.842026-07-29: 2.852026-07-30: 2.852026-07-31: 2.912026-08-04: 2.832026-08-05: 2.822026-08-06: 2.922026-08-07: 2.962026-08-10: 3.022026-08-11: 3.012026-08-12: 2.982026-08-13: 2.922026-08-14: 2.962026-08-17: 2.972026-08-18: 2.962026-08-19: 2.982026-08-20: 3.022026-08-21: 3.032026-08-24: 2.962026-08-25: 2.92026-08-26: 2.932026-08-27: 2.962026-08-28: 3.012026-08-31: 3.012026-09-01: 3.012026-09-02: 3.112026-09-03: 3.12026-09-04: 3.082026-09-08: 3.132026-09-09: 3.162026-09-10: 3.312026-09-11: 3.352026-09-14: 3.372026-09-15: 3.352026-09-16: 3.352026-09-17: 3.272026-09-18: 3.322026-09-21: 3.292026-09-22: 3.252026-09-23: 3.42026-09-24: 3.392026-09-25: 3.352026-09-28: 3.372026-09-29: 3.372026-10-01: 3.272026-10-02: 3.252026-10-05: 3.262026-10-06: 3.232026-10-07: 3.232026-10-08: 3.242026-10-09: 3.182026-10-13: 3.192026-10-14: 3.212026-10-15: 3.22026-10-16: 3.212026-10-19: 3.332026-10-20: 3.322026-10-21: 3.322026-10-22: 3.222026-10-23: 3.332026-10-26: 3.372026-10-27: 3.362026-10-28: 3.412026-10-29: 3.362026-10-30: 3.28
Source: Bank of Canada, Valet via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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2-Year Government of Canada Bond Yield

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