Bond Pfandbriefzentrale der schweizerischen Kantonalbanken 1.4% ( CH1170565803 ) in CHF
| Issuer | Pfandbriefzentrale der schweizerischen Kantonalbanken | ||||||||||||||||||||||||||||
| Market price | |||||||||||||||||||||||||||||
| Country | Switzerland
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| ISIN code |
CH1170565803 ( in CHF )
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| Interest rate | 1.4% per year ( payment 1 time a year) | ||||||||||||||||||||||||||||
| Maturity | 08/29/2032 | ||||||||||||||||||||||||||||
| Minimal amount | 5 000 CHF | ||||||||||||||||||||||||||||
| Total amount | 612 000 000 CHF | ||||||||||||||||||||||||||||
| Next Coupon | 08/30/2027 ( In 309 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. An upcoming financial instrument drawing market attention is a bond issued by Pfandbriefzentrale der schweizerischen Kantonalbanken, a key institution within the Swiss financial landscape. This issuer, functioning as the central mortgage bond institution for the Swiss Cantonal Banks, specializes in the issuance of Pfandbriefe, a type of highly secure covered bond. These bonds are typically backed by mortgage loans or public sector claims, providing a stable and robust funding source for the cantonal banks, thereby offering investors a well-regarded, low-risk investment avenue. The specific bond in question, bearing the ISIN CH1170565803, originates from Switzerland. It is currently observed trading at its nominal value, reflecting a market price of 100%. Denominated in Swiss Francs (CHF), the instrument offers investors a fixed annual interest rate of 1.4%. The total size of this particular issuance is substantial, reaching CHF 612,000,000. For prospective investors, the bond is accessible with a minimum purchase lot size of CHF 5,000. This financial obligation is slated for maturity on August 29, 2032, with interest disbursements scheduled on an annual basis. |
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