Bond Pfandbriefzentrale der schweizerischen Kantonalbanken 1.4% ( CH1170565803 ) in CHF

Issuer Pfandbriefzentrale der schweizerischen Kantonalbanken
Market price refresh price now   100 %  ▲ 
Country  Switzerland
ISIN code  CH1170565803 ( in CHF )
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.
DateClean price
08/07/2024100.00%
03/18/202499.66%
08/21/202393.14%
07/28/202393.14%
07/04/202393.14%
06/10/202393.14%
05/17/202393.14%
04/23/202393.14%
03/30/202393.14%
03/06/202393.14%
02/11/202393.14%
01/19/202393.14%
12/27/202293.14%