Bond Yield
Tracker
Government of Canada and Canada Mortgage Bond yields updated daily. The rates that drive every multifamily mortgage in the country.
Source: Bank of Canada / Market Data · Updated May 5, 2026
5-Year GoC
3.27%
↑ +0.09%10-Year GoC
3.62%
↑ +0.09%Bank Rate
2.25%
0.00%5-Year CMB
3.42%
↑ +0.09%10-Year CMB
3.91%
↑ +0.09%Benchmark Yields
Updated May 5, 2026| Rate | Current | Day Chg | 1 Week | 1 Month | 1 Year |
|---|---|---|---|---|---|
5-Year GoC GCAN5YR | 3.27% | ↑ +0.09% | ↑ +0.23% | ↑ +0.38% | ↑ +0.64% |
10-Year GoC GCAN10YR | 3.62% | ↑ +0.09% | ↑ +0.19% | ↑ +0.52% | ↑ +0.77% |
Bank Rate BoC Target | 2.25% | 0.00% | 0.00% | 0.00% | ↓ -0.50% |
5-Year CMB CMB 5YR | 3.42% | ↑ +0.09% | ↑ +0.17% | ↑ +0.29% | ↑ +0.65% |
10-Year CMB CMB 10YR | 3.91% | ↑ +0.09% | ↑ +0.16% | ↑ +0.32% | ↑ +0.57% |
5-Year GoC
GCAN5YR
3.27%
↑ +0.09%10-Year GoC
GCAN10YR
3.62%
↑ +0.09%Bank Rate
BoC Target
2.25%
0.00%5-Year CMB
CMB 5YR
3.42%
↑ +0.09%10-Year CMB
CMB 10YR
3.91%
↑ +0.09%CMB Spreads
Canada Mortgage Bond spreads over GoC benchmarks
5-Year CMB
Over 5-Year GoC
15 bps
10-Year CMB
Over 10-Year GoC
29 bps
What this means for your mortgage
CMHC Insured (5-Year Fixed)
~4.02%
CMB 5-Year (3.42%) + typical lender spread (~60bps). Indicative CMHC-insured 5-year fixed rate for stabilized multifamily.
10-Year Fixed (MLI Select)
~4.51%
CMB 10-Year (3.91%) + typical lender spread (~60bps). Indicative rate for CMHC MLI Select 10-year terms on purpose-built rental.
Estimated all-in rates are illustrative only and vary by property, borrower, and lender. Contact our team for current rate quotes specific to your property.
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