A method for producing a power module substrate including an insulating layer, a circuit layer that is formed on a first surface of the insulating layer, and a metal layer that is formed on a second surface of the insulating layer, the method comprising the step of:
- forming a first base layer, to which a bonding layer composed of a sintered body of a bonding material including at least one of metal particles and metal oxide particles is bonded, by:
- applying a glass-containing Ag paste containing a glass component onto a surface of the metal layer on the opposite side of the surface, to which the insulating layer is provided;
- and performing a heating treatment.