Switzerland AAA–AA Non-Callable Banks Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/chf-corporate-aaa-aa-banks-switzerland-non-callable
Switzerland AAA–AA Non-Callable Banks Corporate Bond Yields (CHF) as of 2026-09-11: 10Y at 1.23%, fitted curve 1M–25Y (0.56%–1.37%), 155 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 0.56% | — |
| 3M | 0.58% | 0.59% |
| 6M | 0.61% | 0.64% |
| 9M | 0.63% | 0.72% |
| 12M | 0.66% | 0.72% |
| 18M | 0.72% | 0.84% |
| 2Y | 0.77% | 0.94% |
| 3Y | 0.88% | 1.09% |
| 4Y | 0.96% | 1.24% |
| 5Y | 1.04% | 1.33% |
| 6Y | 1.08% | 1.33% |
| 7Y | 1.11% | 1.25% |
| 8Y | 1.12% | 1.27% |
| 9Y | 1.17% | 1.52% |
| 10Y | 1.23% | 1.82% |
| 15Y | 1.37% | 1.70% |
| 20Y | 1.32% | 1.16% |
| 25Y | 1.32% | 1.34% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.77% and the 10-year 1.23%, a 10Y−2Y spread of +45 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 0.77% | 0.60% | 0.57% | 0.60% | 0.64% | 0.58% | 0.53% |
| 10Y | 1.23% | 1.10% | 1.09% | 1.08% | 1.04% | 1.00% | 0.97% |
| 10Y − 2Y | +45 bp | +50 bp | +52 bp | +48 bp | +40 bp | +42 bp | +43 bp |
Bonds in this curve
A selection of 30 of the 193 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Credit Agricole | 0.42% | 2026-09-23 | 1.90% | CH1274703110 |
| Zuercher Kantonalbank | 0.30% | 2026-11-23 | 0.05% | CH0342587638 |
| Glarner Kantonalbank | 0.79% | 2026-11-30 | 0.40% | CH0398633591 |
| Glarner Kantonalbank | 1.23% | 2027-02-26 | 0.38% | CH0269699176 |
| Zuger Kantonalbank | 0.50% | 2027-03-03 | 0.50% | CH0271819812 |
| ST Galler Kantonalbank | 0.54% | 2027-06-22 | 1.38% | CH0187043820 |
| Basler Kantonalbank | 0.89% | 2027-06-22 | 0.30% | CH0353574319 |
| Basellandschaftliche Kantonalbank | 0.70% | 2027-08-04 | 0.25% | CH0419040784 |
| Zuercher Kantonalbank | 0.31% | 2027-08-16 | 0.02% | CH0330143188 |
| Zuger Kantonalbank | 0.56% | 2027-12-15 | 0.38% | CH0347366038 |
| ST Galler Kantonalbank | 0.77% | 2028-01-24 | 0.35% | CH0457723549 |
| Aargauische Kantonalbank | 0.94% | 2028-06-29 | 0.01% | CH0506071288 |
| Glarner Kantonalbank | 0.77% | 2028-09-06 | 0.00% | CH0506071189 |
| Banque Cantonale de Geneve | 1.18% | 2029-03-16 | 0.62% | CH1163572949 |
| Raiffeisen Schweiz Genossenschaft | 1.16% | 2029-05-14 | 0.85% | CH1428648278 |
| Basellandschaftliche Kantonalbank | 0.94% | 2030-03-18 | 0.10% | CH1102417735 |
| Thurgauer Kantonalbank | 1.10% | 2030-03-22 | 0.70% | CH0405985836 |
| Zuercher Kantonalbank | 1.11% | 2031-03-31 | 0.10% | CH1101096464 |
| Banque Cantonale Vaudoise | 1.28% | 2031-04-07 | 0.40% | CH0319932767 |
| Basellandschaftliche Kantonalbank | 1.12% | 2032-05-13 | 1.60% | CH0522159042 |
| Raiffeisen Schweiz Genossenschaft | 1.35% | 2032-05-14 | 1.19% | CH1428648286 |
| Zuercher Kantonalbank | 1.11% | 2033-05-16 | 0.70% | CH1446452307 |
| Luzerner Kantonalbank AG | 1.15% | 2033-12-06 | 2.00% | CH0120381592 |
| Basler Kantonalbank | 1.13% | 2034-03-17 | 0.70% | CH1480163711 |
| Banque Cantonale de Geneve | 1.25% | 2034-04-21 | 1.10% | CH1539666995 |
| Glarner Kantonalbank | 1.26% | 2035-04-13 | 0.25% | CH1101096514 |
| Banque Cantonale Vaudoise | 1.42% | 2036-05-05 | 0.40% | CH0522158861 |
| Luzerner Kantonalbank AG | 1.37% | 2039-12-27 | 2.00% | CH0120736852 |
| Zuercher Kantonalbank | 1.35% | 2044-03-29 | 2.50% | CH0126662904 |
| Basellandschaftliche Kantonalbank | 1.34% | 2052-10-04 | 2.12% | CH1216740667 |