Bond Pfandbriefzentrale der schweizerischen Kantonalbanken 0.2% ( CH0570576055 ) in CHF
| Issuer | Pfandbriefzentrale der schweizerischen Kantonalbanken | ||||||||
| Market price | |||||||||
| Country | Switzerland
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| ISIN code |
CH0570576055 ( in CHF )
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| Interest rate | 0.2% per year ( payment 1 time a year) | ||||||||
| Maturity | 05/22/2042 | ||||||||
| Minimal amount | 100 CHF | ||||||||
| Total amount | / | ||||||||
| Next Coupon | 05/22/2027 ( In 209 days ) | ||||||||
| 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 a detailed overview of the bond identified by ISIN CH0570576055. The bond's issuer is the Pfandbriefzentrale der schweizerischen Kantonalbanken, a highly reputable central institution in the Swiss financial market responsible for issuing Pfandbriefe, which are a form of covered bonds. These bonds are specifically backed by a robust pool of high-quality mortgage loans originated by Swiss cantonal banks, providing exceptional security and typically earning top-tier credit ratings due to their stringent legal framework and asset-backed nature. Issued in Switzerland and denominated in Swiss Francs (CHF), this particular obligation is currently trading at its par value of 100% on the market. It carries a fixed annual interest rate, or coupon, of 0.2% and features a distant maturity date of May 22, 2042, positioning it as a long-term debt instrument. Interest payments are scheduled annually, with a frequency of one payment per year. The bond is accessible with a minimum lot size of 100 units, representing the smallest transferable nominal amount. |
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