Government of Canada 5-year bond yield
The benchmark yield on a 5-year Government of Canada bond.
Daily (business days), delayed Observed 2026-11-05 · retrieved 2026-11-07 · Source: Bank of Canada · Not a live quote.
Government of Canada 5-year bond yield over time
Daily observations. Use the period buttons to change the range; the table beneath the chart lists the values.
Government of Canada 5-year bond yield
%.
Chart loads when it comes into view.
Latest values: Government of Canada 5-year bond yield 3.39 (2026-11-05).
Related relationships: Government of Canada bond yields · 1 relationship use this data as evidence
What this indicator is and why it is watched
What it measures
The benchmark yield on a 5-year Government of Canada bond.
Why it is watched
It is a common reference when lenders price 5-year fixed mortgages.
How it connects to the wider economy
Context, not a claim of cause.
Mortgage rates are also set by lenders' funding costs and competition, so the bond yield is one input, not the whole price.
Northline describes relationships as documented mechanisms, statistical associations or hypotheses. Nothing on this page states that a movement in this indicator caused a movement in another.
How the data are produced
- Publisher
- Bank of Canada
- Dataset
- BD.CDN.5YR.DQ.YLD
- Frequency
- Daily
- Unit
- %
- Observations
- 4,205 (long history)
- Retrieved
- 2026-11-07
- Series id
ca23_5y
Benchmark yields are the central bank or Treasury estimate for a bond of fixed maturity, not the yield on one specific bond. Daily, Bank of Canada.
Source: Bank of Canada, Benchmark bond yield, 5-year (BD.CDN.5YR.DQ.YLD). Content reused under the Bank of Canada terms (https://www.bankofcanada.ca/terms/); changes: values unchanged.
Licence conditions: see source terms: https://www.bankofcanada.ca/terms/; attribution required.
Missing observations are left missing and are never interpolated. Statistical agencies can revise published values; the observation date and retrieval date above identify the version shown. Methodology and sources.
Take it into Intelligence Studio
Add this indicator to a workspace with related series and the recorded relationships.
Open Government of Canada 5-year bond yield in Studio
Questions worth testing
In Studio, the Scenarios tab can ask a what-if question about this indicator. Scenario Intelligence applies its usual checks: when there is too little history, the series are not comparable or the relationship is not stable, it reports “not enough evidence” rather than a number.