---
source: Bank of Canada
url: https://www.bankofcanada.ca/valet/observations/group/AUC_BOND/json
document_type: json
date_retrieved: 2026-04-22T16:08:03Z
period: 2026-04-22 auction
parent_publication: Government of Canada Nominal Bond Auctions (Bank of Canada Valet API)
indicators_covered: [10-Year Government Bond Average Yield, Auction Details]
---

# Government of Canada 10-Year Bond Auction — April 22, 2026

**Source:** Bank of Canada Valet API — Nominal Bond Auction Results  
**Auction date:** 2026-04-22  
**Release type:** Final auction results (Status: Results)  

## Key Indicators

| Indicator | Value | Unit |
|-----------|-------|------|
| Average yield | 3.506 | % |
| High yield (maximum accepted) | 3.509 | % |
| Low yield (minimum accepted) | 3.504 | % |
| Coupon rate | 3.250 | % |
| Average price | 97.837 | (per $100 face) |
| Amount issued | 5,000 | million CAD |
| Coverage ratio | 2.312 | (total bids / amount) |
| Auction time | 12:00 | ET (bid deadline) |

## Auction Details

- **Bond identifier:** `19002059893-1`
- **ISIN:** CA135087U287
- **Issue date:** 2026-04-23
- **Maturity date:** 2036-06-01 (10-year)
- **Term:** 10 years
- **Accrued interest period:** 2026-01-30 to 2026-04-23
- **Total submitted:** $11,557.5M
- **Non-competitor amount:** $171.0M
- **Outstanding prior:** $21,000M
- **Outstanding after:** $26,000M

## Distribution of Allotment

- **Allotted to Canadian investors:** 66.98%
- **Allotted to foreign investors:** 33.02%
- **Allotted to distributors:** 55.18%
- **Allotted to customers:** 44.82%
- **Allotment ratio:** 39.77273%

## Context

The yield paid for the 10-year Government of Canada bond was 3.506%, down from the previous auction's 3.53%. The auction received $11,557.5M in bids for $5,000M of bonds, resulting in a coverage ratio of 2.312×. The bond bears a 3.250% annual coupon and matures on 2036-06-01.

---

**Verification:**  
The extracted `AUC_BOND_AVG_YIELD` of `3.506` matches the event payload `actual` value exactly. The ISIN `CA135087U287` and auction date `2026-04-22` confirm this is the correct 10-year tenor from the April 22, 2026 Government of Canada nominal bond auction.