Swiss AAA–AA Non-Callable Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/chf-corporate-aaa-aa-non-callable
Swiss AAA–AA Non-Callable Corporate Bond Yields (CHF) as of 2026-09-11: 10Y at 1.23%, fitted curve 1M–25Y (0.50%–1.38%), 369 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 0.50% | — |
| 3M | 0.52% | 0.53% |
| 6M | 0.55% | 0.58% |
| 9M | 0.59% | 0.72% |
| 12M | 0.63% | 0.72% |
| 18M | 0.73% | 0.94% |
| 2Y | 0.80% | 1.02% |
| 3Y | 0.90% | 1.11% |
| 4Y | 0.98% | 1.21% |
| 5Y | 1.03% | 1.25% |
| 6Y | 1.07% | 1.29% |
| 7Y | 1.11% | 1.37% |
| 8Y | 1.15% | 1.46% |
| 9Y | 1.19% | 1.53% |
| 10Y | 1.23% | 1.59% |
| 15Y | 1.34% | 1.60% |
| 20Y | 1.37% | 1.48% |
| 25Y | 1.38% | 1.43% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.80% and the 10-year 1.23%, a 10Y−2Y spread of +42 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 | 0.80% | 0.66% | 0.61% | 0.66% | 0.72% | 0.62% | 0.57% |
| 10Y | 1.23% | 1.12% | 1.11% | 1.09% | 1.07% | 1.05% | 1.02% |
| 10Y − 2Y | +42 bp | +45 bp | +50 bp | +43 bp | +35 bp | +43 bp | +45 bp |
Bonds in this curve
A selection of 30 of the 455 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Basler Kantonalbank | 0.74% | 2026-10-26 | 1.88% | CH0118095667 |
| Muenchener Hypothekenbank EG | 0.65% | 2026-11-10 | 0.01% | CH1139995810 |
| Banque Cantonale Vaudoise | 0.31% | 2026-11-30 | 1.62% | CH0143302005 |
| Glarner Kantonalbank | 0.55% | 2026-11-30 | 0.40% | CH0398633591 |
| Westpac Banking Corporation | 0.40% | 2027-01-29 | 0.25% | CH0458097950 |
| Luzerner Kantonalbank AG | 0.32% | 2027-02-05 | 0.35% | CH0399611307 |
| Royal Bank of Canada | 0.89% | 2027-05-04 | 1.45% | CH1179534974 |
| LGT Bank AG | 0.17% | 2027-05-12 | 0.50% | CH0360677287 |
| Credit Agricole | 0.45% | 2027-07-27 | 0.25% | CH0373945036 |
| Korea National OIL Corp | 0.27% | 2027-07-30 | 0.26% | CH0554992070 |
| Zuger Kantonalbank | 0.55% | 2027-12-15 | 0.38% | CH0347366038 |
| Transpower New Zealand Limited | 0.61% | 2027-12-16 | 0.02% | CH0461238997 |
| Muenchener Hypothekenbank EG | 0.71% | 2028-06-14 | 0.50% | CH0417086086 |
| Nestle SA | 0.82% | 2028-06-28 | 0.75% | CH0419042509 |
| Transpower New Zealand Limited | 0.94% | 2029-03-16 | 0.04% | CH0522158838 |
| Banque Cantonale de Geneve | 1.08% | 2029-03-16 | 0.62% | CH1163572949 |
| Basellandschaftliche Kantonalbank | 0.85% | 2030-03-18 | 0.10% | CH1102417735 |
| Thurgauer Kantonalbank | 0.96% | 2030-03-22 | 0.70% | CH0405985836 |
| Zuercher Kantonalbank | 0.99% | 2031-03-31 | 0.10% | CH1101096464 |
| Banque Cantonale Vaudoise | 1.16% | 2031-04-07 | 0.40% | CH0319932767 |
| ASB Bank Limited | 1.08% | 2032-04-23 | 1.04% | CH1540977282 |
| Basellandschaftliche Kantonalbank | 1.04% | 2032-05-13 | 1.60% | CH0522159042 |
| Royal Bank of Canada | 1.00% | 2033-04-14 | 0.75% | CH1540977167 |
| Basler Kantonalbank | 1.05% | 2033-05-03 | 2.10% | CH1193213142 |
| Muenchener Hypothekenbank EG | 1.06% | 2034-03-15 | 0.55% | CH0463112059 |
| Glarner Kantonalbank | 1.03% | 2035-04-13 | 0.25% | CH1101096514 |
| Landwirtschaftliche Rentenbank | 0.98% | 2036-03-18 | 0.61% | CH1536312163 |
| Roche Kapitalmarkt AG | 1.45% | 2039-09-06 | 1.17% | CH1371736823 |
| Zuercher Kantonalbank | 1.33% | 2044-03-29 | 2.50% | CH0126662904 |
| Novartis | 1.57% | 2049-06-18 | 1.85% | CH1353257848 |