Swiss Government-Guaranteed Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/chf-corporate-guaranteed
Swiss Government-Guaranteed Corporate Bond Yields (CHF) as of 2026-09-11: 10Y at 1.18%, fitted curve 3M–25Y (0.35%–1.33%), 110 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 0.35% | — |
| 6M | 0.41% | 0.46% |
| 9M | 0.47% | 0.68% |
| 12M | 0.54% | 0.68% |
| 18M | 0.66% | 0.90% |
| 2Y | 0.75% | 1.02% |
| 3Y | 0.87% | 1.13% |
| 4Y | 0.94% | 1.17% |
| 5Y | 0.99% | 1.19% |
| 6Y | 1.03% | 1.20% |
| 7Y | 1.05% | 1.20% |
| 8Y | 1.08% | 1.28% |
| 9Y | 1.12% | 1.50% |
| 10Y | 1.18% | 1.75% |
| 15Y | 1.32% | 1.63% |
| 20Y | 1.32% | 1.36% |
| 25Y | 1.33% | 1.34% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.75% and the 10-year 1.18%, a 10Y−2Y spread of +43 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 | 0.75% | 0.60% | 0.57% | 0.57% | 0.65% | 0.60% | 0.47% |
| 10Y | 1.18% | 1.09% | 1.06% | 1.09% | 1.04% | 0.99% | 0.96% |
| 10Y − 2Y | +43 bp | +49 bp | +49 bp | +52 bp | +39 bp | +40 bp | +48 bp |
Bonds in this curve
A selection of 30 of the 130 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Glarner Kantonalbank | 0.55% | 2026-11-30 | 0.40% | CH0398633591 |
| Thurgauer Kantonalbank | 0.47% | 2026-11-30 | 0.50% | CH0443057515 |
| Walliser Kantonalbank | 0.43% | 2027-02-01 | 0.30% | CH0419040735 |
| Luzerner Kantonalbank AG | 0.32% | 2027-02-05 | 0.35% | CH0399611307 |
| Banque Cantonale de Fribourg | 0.42% | 2027-06-07 | 1.45% | CH0185577837 |
| ST Galler Kantonalbank | 0.53% | 2027-06-22 | 1.38% | CH0187043820 |
| Walliser Kantonalbank | 0.54% | 2027-09-07 | 0.35% | CH0398633336 |
| Banque Cantonale Neuchateloise | 0.65% | 2027-09-30 | 0.50% | CH0361533174 |
| Zuger Kantonalbank | 0.55% | 2027-12-15 | 0.38% | CH0347366038 |
| Thurgauer Kantonalbank | 0.60% | 2028-02-08 | 0.38% | CH0353105197 |
| Aargauische Kantonalbank | 0.85% | 2028-06-29 | 0.01% | CH0506071288 |
| Walliser Kantonalbank | 0.68% | 2028-07-24 | 2.05% | CH1232107131 |
| Banque Cantonale de Fribourg | 0.88% | 2029-05-24 | 0.25% | CH0477380916 |
| Zuercher Kantonalbank | 0.90% | 2029-06-06 | 0.12% | CH0419041238 |
| 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 |
| Walliser Kantonalbank | 1.08% | 2031-04-18 | 0.10% | CH1111392861 |
| Basler Kantonalbank | 1.02% | 2032-09-10 | 0.12% | CH0545754688 |
| Walliser Kantonalbank | 1.10% | 2032-10-05 | 0.15% | CH0536893362 |
| Basler Kantonalbank | 1.05% | 2033-05-03 | 2.10% | CH1193213142 |
| Walliser Kantonalbank | 1.15% | 2033-09-15 | 0.12% | CH1129053794 |
| Aargauische Kantonalbank | 1.12% | 2034-06-12 | 0.90% | CH1451903269 |
| Luzerner Kantonalbank AG | 1.02% | 2034-12-01 | 0.75% | CH1489902499 |
| Glarner Kantonalbank | 1.03% | 2035-04-13 | 0.25% | CH1101096514 |
| Walliser Kantonalbank | 1.20% | 2035-08-20 | 1.10% | CH1553185930 |
| Zuger Kantonalbank | 1.26% | 2037-06-05 | 1.50% | CH0185712822 |
| Luzerner Kantonalbank AG | 1.31% | 2039-12-27 | 2.00% | CH0120736852 |
| Zuercher Kantonalbank | 1.33% | 2044-03-29 | 2.50% | CH0126662904 |
| Rhaetische Bahn AG | 1.18% | 2050-08-03 | 0.05% | CH0553331833 |