Canada's Two-Year Bond Auction Draws CA$14.4 Billion in Bids at 3.164% Yield

12:15 PM EDT, 09/03/2026 (MT Newswires) -- Canada's two-year bond auction received CA$14.4 billion in bids for CA$5.5 billion of securities, with the bonds awarded at an average yield of 3.164%, according to data published on the Bank of Canada's website on Thursday. The auction's yield ranged from 3.161% at the low end to 3.166% at the high end. The bond will mature on Nov. 1, 2028. The auction received 2.6 times more bids than the amount of bonds available for sale. Canadian investors received 59.44% of the bonds sold, while international investors received 40.56%. Canada's central bank didn't buy any of the bonds.