Bond Pfandbriefzentrale der schweizerischen Kantonalbanken 0.2% ( CH0570576055 ) in CHF

Issuer Pfandbriefzentrale der schweizerischen Kantonalbanken
Market price refresh price now   100 %  ⇌ 
Country  Switzerland
ISIN code  CH0570576055 ( in CHF )
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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