Bond Kantonalbank Pfandbriefzentrum 0% ( CH1111392945 ) in CHF

Issuer Kantonalbank Pfandbriefzentrum
Market price refresh price now   100 %  ⇌ 
Country  Switzerland
ISIN code  CH1111392945 ( in CHF )
Interest rate 0%
Maturity 15/02/2036



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 5 000 CHF
Total amount 61 000 000 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.

An analysis of the fixed-income market reveals the availability of a specific bond instrument, identified by ISIN CH1111392945. This bond is issued by Pfandbriefzentrale der schweizerischen Kantonalbanken, a key entity within the Swiss financial system. The issuer, whose name translates to 'Pfandbrief Centre of the Swiss Cantonal Banks,' functions as the central institution responsible for issuing Pfandbriefe on behalf of the Swiss cantonal banks. These Pfandbriefe are a highly secure form of covered bond, typically collateralized by residential and commercial mortgages, and are renowned for their low-risk profile and robust credit quality, reflecting the stability of the Swiss banking sector. Currently quoted at 100% of its face value in the market, this Swiss-issued bond is denominated in Swiss Francs (CHF). The instrument carries a 0% interest rate, signifying it operates as a zero-coupon bond, where the return to investors is realized through the difference between the purchase price and the full face value received at maturity, rather than through periodic coupon payments. The bond is scheduled to mature on February 15, 2036. The total issuance size for this particular security amounts to CHF 61,000,000, with a minimum investment lot set at CHF 5,000. This structure makes the bond a potential consideration for investors seeking long-term exposure to a high-quality Swiss credit, valuing capital preservation and a defined return at maturity.