Government bond yield · Canada

Canada 5-Year Bond Auction

The Canada 5-Year Bond Auction is the yield on Canada's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.

الأهمية
Low
صدر
Monthly
الإصدار التالي
العملة
CAD · Canadian dollar
البنك المركزي
The Bank of Canada
يحرّك
AUDCAD · CADCHF · CADJPY · EURCAD · GBPCAD · NZDCAD · USDCAD

أحدث الأرقام

صدر آخر إصدار في 2026-11-04 وجاء عند 3.460%. هذا أقل من 3.574% في المرة السابقة.

خلال آخر 12 إصدارات تراوح بين 2.807% و3.574%، بمتوسط 3.242%.

Feb 2026: 2.807%Mar 2026: 3.116%Apr 2026: 3.088%Apr 2026: 3.249%May 2026: 3.289%Jun 2026: 3.135%Jul 2026: 3.099%Jul 2026: 3.231%Aug 2026: 3.344%Sep 2026: 3.517%Oct 2026: 3.574%Nov 2026: 3.460% Feb 2026Nov 2026
النتائج الفعلية؛ والخط القصير على العمود يحدد الإجماع.
صدرالمدةالفعليالتوقعاتالسابق
4 Nov 2026–3.460%–3.574%
15 Oct 2026–3.574%–3.517%
9 Sep 2026–3.517%–3.344%
12 Aug 2026–3.344%–3.231%
30 Jul 2026–3.231%–3.099%
2 Jul 2026–3.099%–3.135%
3 Jun 2026–3.135%–3.289%
13 May 2026–3.289%–3.249%
30 Apr 2026–3.249%–3.088%
8 Apr 2026–3.088%–3.116%
19 Mar 2026–3.116%–2.807%
18 Feb 2026–2.807%–3.002%

اعرضه في المفكرة الاقتصادية ←

لماذا يهم

Government yields are the base of every other interest rate. Short maturities follow the Bank of Canada's policy rate closely; long ones reflect expected growth, inflation and the risk of holding long debt. Higher yields relative to other countries attract capital and support the Canadian dollar; the gap between long and short yields (the yield curve) is a classic recession signal when it turns negative.

طريقة الحساب

The yield is the interest rate that makes the present value of the bond's coupons and repayment equal to its price; on a calendar it often reports the average yield at a government auction.

Price = Σ coupon ÷ (1 + y)ᵗ + face ÷ (1 + y)ᵀ
Inflation-linked (TIPS) yield ≈ nominal yield − expected inflation

ما تعنيه التغيرات

  • Yields rise when prices of bonds fall: strong data and hawkish central banks push yields up.
  • An inverted curve (2-year above 10-year) has preceded most US recessions, with a lag of a year or more.
  • Inflation-linked yields show the real (after-inflation) return.

لمحة تاريخية قصيرة

Government bond markets go back to the Dutch and English debt of the 17th century; the US Treasury yield curve has been watched as a recession signal since research by Campbell Harvey in the 1980s.

الأسئلة

What is the Canada 5-Year Bond Auction?

The Canada 5-Year Bond Auction is the yield on Canada's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.

What was the latest Canada 5-Year Bond Auction?

3.460%, published on 4 November 2026.

When is the next Canada 5-Year Bond Auction?

On Thursday 19 November 2026 at 17:00 UTC.

محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.