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ItalianoBond Pfandbriefzentrale der schweizerischen Kantonalbanken 1.625% ( CH0235475354 ) in CHF
| Issuer | Pfandbriefzentrale der schweizerischen Kantonalbanken | ||||||||
| Market price | 100 % ▼ | ||||||||
| Country |  Switzerland
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| ISIN code |
 CH0235475354 ( in CHF )
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| Interest rate | 1.625% per year ( payment 1 time a year) | ||||||||
| Maturity | 06/17/2026 - Bond has expired | ||||||||
| Minimal amount | 5 000 CHF | ||||||||
| Total amount | 816 000 000 CHF | ||||||||
| Detailed description |
The Pfandbriefzentrale der schweizerischen Kantonalbanken is a central institution for issuing Swiss cantonal bank covered bonds, ensuring standardized processes and high creditworthiness. This financial article provides an informative overview of a specific fixed-income instrument, an obligation bearing the ISIN CH0235475354, which is currently quoted at 100% of its par value on the market. Denominated in Swiss Francs (CHF), this bond features an annual coupon rate of 1.625% and is set to mature on June 17, 2026, with interest payments occurring once per year. The total size of this particular issuance stands at CHF 816,000,000, with a minimum investment lot size of CHF 5,000. The issuer of this bond is Pfandbriefzentrale der schweizerischen Kantonalbanken, a highly significant institution within the Swiss financial landscape, operating as the central mortgage bond institution for the Swiss cantonal banks; this entity plays a crucial role in providing funding to these regional banks through the issuance of 'Pfandbriefe,' which are a type of covered bond well-regarded for their inherent security and low risk profile, being explicitly backed by specific asset pools, primarily high-quality mortgage claims, thereby reflecting a robust underlying credit quality. Originating from Switzerland, this instrument offers a structured investment opportunity reflective of its stable financial origin and transparent terms. |
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