Canada Government Bond Zero-Coupon Yield Curve

Canada zero-coupon yield curve is a graphical representation of spot interest rates on Canadian government bonds across different maturities. This benchmark is widely used as a risk-free reference term structure for valuing bonds, derivatives, and constructing forward curves. The Bank of Canada builds the curve using closing prices of Treasury bills and Government of Canada bonds, allowing coverage of both short-term and long-term segments of the government debt market. The curve includes 120 tenors ranging from 3 months to 30 years. Curve values are published every Thursday with a two-week lag.

The data on the curves on the page is available for the past 3 years — access to additional data is available through the Cbn-data API