Personal Finance

Latest 5-Year Selected Bond Yield Launched by Government of Canada 2024

In the dynamic landscape of financial markets, staying informed about bond yields is imperative for making strategic investment decisions.

We recognize the significance of accurate and up-to-date information.

In this comprehensive analysis, we delve into the latest data on Canadian bond yields, focusing on marketable bond average yields and selected benchmark bond yields.

Govt. of Canada Marketable Bond Average Yields

Average Yield
1 to 3 years4.
3 to 5 years3.583.613.643.593.60
5 to 10 years3.443.483.503.453.46
Over 10 years3.403.453.463.423.44

1 to 3-Year Bonds

The government of Canada’s marketable bonds with maturities ranging from 1 to 3 years have shown a consistent performance.

As of the latest data on 2024-01-23, the average yield stands at 4.24%, maintaining a stable trend over the past week.

3 to 5-Year Bonds

For investors eyeing a slightly longer horizon, the 3 to 5-year marketable bonds present an attractive option.

The average yield for this category on 2024-01-23 is 3.60%, showcasing a nuanced trajectory over the last week.

5 to 10-Year Bonds

Investors with a medium to long-term perspective will find the 5 to 10-year marketable bonds intriguing.

The average yield for this category as of 2024-01-23 is 3.46%, revealing a subtle but noteworthy variation in the recent data.

Over 10 Years

For those seeking a more extended investment horizon, bonds with maturities exceeding 10 years offer a viable avenue.

The average yield for bonds over 10 years as of 2024-01-23 is 3.44%, displaying a steady trend in the recent week.

Govt. of Canada Selected Benchmark Bond Yields

Series2024-01-172024-01-182024-01-19 2024-01-222024-01-23
2-year4.04 4.05 4.09 4.07 4.06
Real Return Bond Long-term1.751.801.801.761.79

2-Year Benchmark Bond

The 2-year benchmark bond yields, a crucial indicator for short-term market trends, stand at 4.06% as of 2024-01-23. Investors should closely monitor these yields for swift and informed decision-making.

5-Year Benchmark Bond

For a balanced mix of stability and growth, the 5-year benchmark bond yields, with a rate of 3.52% on 2024-01-23, present an enticing prospect. This category often reflects broader economic trends.

10-Year Benchmark Bond

Long-term investors keen on a decade-long commitment can consider the 10-year benchmark bond yields.

As of 2024-01-23, the average yield for this category is 3.47%, indicating a nuanced shift in the recent data.

Long-Term and Real Return Bond Yields

Delving into the more extended investment horizon, the long-term and real-return bond yields provide valuable insights. As of 2024-01-23, long-term bond yields stand at 3.41%, while real return bond yields are at 1.79%.

Current Benchmark Bond Yields Overview

Understanding the intricacies of current benchmark bond yields is crucial for making informed investment decisions.

It’s noteworthy that the selected benchmark bond issues and their effective dates, listed in brackets, may differ from other sources.

  • 2-year bond: 2026.02.01, 4.50% (2024.01.12)
  • 3-year bond: 2026.09.01, 1.00% (2024.01.12)
  • 5-year bond: 2028.09.01, 3.25% (2023.08.25)
  • 7-year bond: 2030.12.01, 0.50% (2024.01.12)
  • 10-year bond: 2033.12.01, 3.25% (2023.10.20)
  • Long-term bond: 2053.12.01, 1.75% (2022.06.30)
  • Real return bond: 2050.12.01, 0.50% (2020.06.01)

In conclusion, staying abreast of the latest developments in Canadian bond yields is paramount for making informed financial decisions.

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