Canadian 30-Year Bond Auction Sees Strong Demand, Yield at 4.249%

12:17 PM EDT, 10/14/2026 (MT Newswires) -- Canada raised CA$3 billion by selling 30-year Government of Canada (GoC) bonds, attracting CA$7.6 billion in investor bids, or more than 2.5 times the amount offered, according to data on the Bank of Canada website on Wednesday. The bid-to-cover ratio was 2.54, signaling solid demand. The average yield was 4.249% for the GoCs, which expire on June 1, 2059, said the BoC. Customers received 57.3% of the bonds allocated, while distributors got 42.7%. Canadian investors accounted for 58.6% of purchases, while international investors made up the remaining 41.4%. The BoC did not buy any of the GoC bonds.