Swiss Joint Guarantee Callable Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/chf-corporate-joint-guarantee-callable
Swiss Joint Guarantee Callable Corporate Bond Yields (CHF) as of 2026-07-27: 10Y at 1.42%, fitted curve 3M–10Y (0.80%–1.42%), 48 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 0.80% | — |
| 6M | 0.82% | 0.83% |
| 9M | 0.83% | 0.87% |
| 12M | 0.85% | 0.91% |
| 18M | 0.89% | 0.97% |
| 2Y | 0.93% | 1.06% |
| 3Y | 1.02% | 1.18% |
| 4Y | 1.10% | 1.35% |
| 5Y | 1.18% | 1.49% |
| 6Y | 1.25% | 1.59% |
| 7Y | 1.30% | 1.65% |
| 8Y | 1.35% | 1.68% |
| 10Y | 1.42% | 1.68% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.93% and the 10-year 1.42%, 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 ago2026-01-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 0.93% | 0.77% | 0.90% | 0.87% | 0.86% | 0.56% | 0.64% |
| 10Y | 1.42% | 1.34% | 1.46% | 1.34% | 1.41% | 1.19% | 1.25% |
| 10Y − 2Y | +48 bp | +57 bp | +56 bp | +46 bp | +55 bp | +63 bp | +61 bp |
Yields by rating group
The same curve split by credit quality: 48 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 0.88%, A+ to BBB- 1.11%.
Bonds in this curve
A selection of 30 of the 55 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Mercedes-Benz | 0.48% | 2026-10-12 | 1.96% | CH1300224875 |
| Holcim LTD | 1.43% | 2026-10-19 | 0.38% | CH1154887132 |
| Wurth Finance International B.V. | 1.86% | 2026-11-16 | 2.10% | CH1206367604 |
| Digital Constellation BV | 1.51% | 2026-12-15 | 0.20% | CH1121837236 |
| UBS Group AG | 0.89% | 2027-01-27 | 0.00% | CH0591979650 |
| Glencore PLC | 0.90% | 2027-03-30 | 1.00% | CH0568231861 |
| DH Switzerland Finance S.A. | 0.42% | 2027-04-09 | 0.48% | CH1450810259 |
| Credit Agricole | 0.66% | 2027-05-14 | 1.98% | CH1325037047 |
| Traton Finance Luxembourg S.A. | 0.61% | 2027-06-18 | 2.15% | CH1356197108 |
| Holcim LTD | 0.62% | 2027-08-26 | 0.12% | CH1127263973 |
| Syngenta Finance NV | 0.85% | 2027-11-26 | 1.50% | CH1396329786 |
| UBS Group AG | 0.81% | 2028-06-16 | 0.25% | CH0550413360 |
| Traton Finance Luxembourg S.A. | 1.06% | 2028-06-26 | 1.03% | CH1457716475 |
| Credit Agricole | 0.88% | 2028-07-28 | 0.22% | CH1160382896 |
| Roche Kapitalmarkt AG | 0.75% | 2029-03-23 | 0.45% | CH0359915409 |
| Digital Constellation BV | 1.44% | 2029-04-16 | 0.55% | CH1121837244 |
| Helvetia Schweizerische Versicherungsgesellschaft AG | 1.14% | 2029-06-25 | 1.95% | CH1194000332 |
| Enbw International Finance BV | 1.13% | 2030-03-11 | 1.14% | CH1377955583 |
| Dormakaba Finance AG | 1.29% | 2030-06-18 | 1.38% | CH1446452356 |
| Traton Finance Luxembourg S.A. | 1.31% | 2030-06-20 | 2.35% | CH1356197116 |
| Credit Agricole | 1.02% | 2031-04-09 | 0.12% | CH1100259774 |
| Holcim LTD | 1.11% | 2031-08-26 | 0.50% | CH1127263981 |
| Credit Agricole | 1.04% | 2031-09-24 | 0.03% | CH1132966297 |
| Volvo Car AB | 1.24% | 2032-02-16 | 0.88% | CH1530340251 |
| Telefonica Emisiones SAU | 1.38% | 2032-07-08 | 1.33% | CH1454185930 |
| Galderma Holding SA | 1.33% | 2033-03-18 | 1.81% | CH1399999981 |
| DH Switzerland Finance S.A. | 1.41% | 2033-10-10 | 1.26% | CH1485827344 |
| Telefonica Emisiones SAU | 1.54% | 2034-02-03 | 1.51% | CH1504033684 |
| Enbw International Finance BV | 1.44% | 2034-03-10 | 1.51% | CH1377955591 |
| Telstra Group Limited | 1.47% | 2037-09-24 | 1.28% | CH1478430775 |