Government of Canada Marketable Bonds - Average Yield - Over 10 Years. GRAPH PERIOD: March 13, 2019 - March 13, 2020 . Date Yield; 2020-03-13 : 1.19 The Bank of Canada is the nation’s central bank. We are not a commercial bank and do not offer banking services to the public. Rather, we have responsibilities for Canada’s monetary policy, bank notes, financial system, and funds management. Our principal role, as defined in the Bank of Canada Act, is "to promote the economic and financial welfare of Canada." Ensure you are on top of current and historical data relating to Canada 5-Year Bond Yield. The yield on a bond represents the return an investor will receive by holding the bond to maturity, and should be monitored closely as an indicator of the government debt situation.