---
source: Bank of Canada
url: https://www.bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/nominal-bonds/
document_type: api_json
date_retrieved: 2026-04-16
period: Auction date 2026-04-16
parent_publication: Government of Canada Nominal Bond Auctions (Valet API - AUC_BOND)
indicators_covered: [2 Year Note Yield, Auction Details]
---

# Government of Canada 2-Year Bond Auction — 2026-04-16

## Auction Summary

| Field | Value |
|-------|-------|
| Term | 2 years |
| ISIN | CA135087U444 |
| Issue Date | 2026-04-17 |
| Maturity Date | 2028-05-01 |
| Coupon Rate | 2.500% |
| Amount Offered | $5500.000 million |

## Results

| Metric | Value |
|--------|-------|
| Average Yield | 2.837% |
| High Yield | 2.839% |
| Low Yield | 2.835% |
| Average Price | 99.337 |
| Coverage Ratio | 2.592x |
| Tail | 0.200 bp |

## Source Note

Data retrieved from the Bank of Canada's public Valet API (`/valet/observations/group/AUC_BOND/json`). The API provides auction results for Government of Canada nominal bonds. This record corresponds to the **2-Year** bond auction held on **2026-04-16** with average yield **2.837%**.

Previous auction (2026-04-01) average yield: 2.839%