Swiss AAA–AA Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/chf-corporate-aaa-aa
Swiss AAA–AA Corporate Bond Yields (CHF) as of 2026-07-27: 10Y at 1.20%, fitted curve 1M–25Y (0.42%–1.35%), 423 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 0.42% | — |
| 3M | 0.44% | 0.46% |
| 6M | 0.49% | 0.54% |
| 9M | 0.55% | 0.67% |
| 12M | 0.60% | 0.76% |
| 18M | 0.67% | 0.81% |
| 2Y | 0.72% | 0.87% |
| 3Y | 0.81% | 0.98% |
| 4Y | 0.89% | 1.12% |
| 5Y | 0.96% | 1.24% |
| 6Y | 1.02% | 1.34% |
| 7Y | 1.08% | 1.41% |
| 8Y | 1.12% | 1.46% |
| 9Y | 1.17% | 1.50% |
| 10Y | 1.20% | 1.51% |
| 15Y | 1.30% | 1.51% |
| 20Y | 1.34% | 1.45% |
| 25Y | 1.35% | 1.40% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.72% and the 10-year 1.20%, a 10Y−2Y spread of +48 bp — positively sloped — as of 2026-07-27. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 0.72% | 0.54% | 0.70% | 0.64% | 0.72% | 0.37% | 0.44% |
| 10Y | 1.20% | 0.97% | 1.18% | 1.02% | 1.01% | 0.82% | 0.97% |
| 10Y − 2Y | +48 bp | +43 bp | +48 bp | +37 bp | +30 bp | +45 bp | +53 bp |
Bonds in this curve
A selection of 30 of the 536 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Aargauische Kantonalbank | 0.60% | 2026-09-07 | 0.25% | CH0379354225 |
| EBN BV | 0.57% | 2026-09-22 | 0.88% | CH0253225954 |
| Credit Agricole | 2.10% | 2026-10-01 | 0.50% | CH0550413394 |
| Royal Bank of Canada | 1.87% | 2026-10-05 | 0.40% | CH1174335757 |
| Credit Agricole | 0.59% | 2026-12-14 | 0.55% | CH0323735677 |
| Basellandschaftliche Kantonalbank | 0.32% | 2027-01-25 | 0.25% | CH0397450724 |
| Credit Agricole | 0.14% | 2027-03-16 | 0.50% | CH0255893072 |
| First ABU Dhabi Bank Pjsc | 1.13% | 2027-03-31 | 0.07% | CH0593893925 |
| Sparebank 1 SMN | 0.37% | 2027-06-15 | 1.50% | CH1184694789 |
| Novartis | 0.40% | 2027-06-18 | 1.60% | CH1353257806 |
| Aargauische Kantonalbank | 0.51% | 2027-11-15 | 0.50% | CH0444153792 |
| Muenchener Hypothekenbank EG | 0.92% | 2027-11-18 | 0.12% | CH0506668836 |
| NEW York Life Global Funding | 0.90% | 2028-05-04 | 1.38% | CH1179534982 |
| Westpac Banking Corporation | 0.75% | 2028-05-16 | 0.50% | CH0398678927 |
| Luzerner Kantonalbank AG | 0.84% | 2029-01-31 | 0.41% | CH0419040800 |
| National Australia Bank Limited | 0.85% | 2029-01-29 | 0.07% | CH0517825326 |
| Zuger Kantonalbank | 0.87% | 2030-01-31 | 0.30% | CH1158693296 |
| Aargauische Kantonalbank | 0.88% | 2030-02-18 | 0.01% | CH0506071106 |
| National Australia Bank Limited | 1.02% | 2031-02-03 | 0.56% | CH1160188327 |
| Zuercher Kantonalbank | 0.89% | 2031-02-05 | 0.05% | CH0461239045 |
| Luzerner Kantonalbank AG | 0.91% | 2032-01-30 | 2.12% | CH1231094355 |
| Landwirtschaftliche Rentenbank | 0.80% | 2032-03-10 | 0.46% | CH1405472163 |
| Royal Bank of Canada | 0.90% | 2033-04-14 | 0.75% | CH1540977167 |
| Zuercher Kantonalbank | 0.96% | 2033-05-16 | 0.70% | CH1446452307 |
| Landwirtschaftliche Rentenbank | 0.80% | 2034-02-17 | 0.63% | CH1512677001 |
| Glarner Kantonalbank | 1.08% | 2035-04-13 | 0.25% | CH1101096514 |
| Alphabet INC | 1.38% | 2036-03-03 | 1.25% | CH1523561939 |
| Roche Kapitalmarkt AG | 1.37% | 2039-09-06 | 1.17% | CH1371736823 |
| Zuercher Kantonalbank | 1.33% | 2044-03-29 | 2.50% | CH0126662904 |
| Novartis | 1.51% | 2049-06-18 | 1.85% | CH1353257848 |