Switzerland Joint Guarantee Non-Callable Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/chf-corporate-joint-guarantee-switzerland-non-callable
Switzerland Joint Guarantee Non-Callable Corporate Bond Yields (CHF) as of 2026-07-27: 10Y at 1.27%, fitted curve 1M–15Y (0.70%–1.41%), 54 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 0.70% | — |
| 6M | 0.72% | 0.72% |
| 9M | 0.73% | 0.76% |
| 12M | 0.75% | 0.79% |
| 18M | 0.78% | 0.83% |
| 2Y | 0.81% | 0.90% |
| 3Y | 0.87% | 1.00% |
| 4Y | 0.94% | 1.13% |
| 5Y | 1.00% | 1.26% |
| 6Y | 1.06% | 1.38% |
| 7Y | 1.12% | 1.48% |
| 8Y | 1.18% | 1.56% |
| 9Y | 1.23% | 1.62% |
| 10Y | 1.27% | 1.66% |
| 15Y | 1.41% | 1.68% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.81% and the 10-year 1.27%, a 10Y−2Y spread of +46 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 | 0.81% | 0.66% | 0.73% | 0.71% | 0.68% | 0.38% | 0.46% |
| 10Y | 1.27% | 1.07% | 1.28% | 1.12% | 1.14% | 0.93% | 1.07% |
| 10Y − 2Y | +46 bp | +41 bp | +55 bp | +41 bp | +45 bp | +55 bp | +60 bp |
Yields by rating group
The same curve split by credit quality: 55 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 1.00%, A+ to BBB- 0.89%.
Bonds in this curve
A selection of 30 of the 69 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Emmi Finanz AG | 0.42% | 2026-08-28 | 1.10% | CH1380011283 |
| Primeo Holding AG | 0.92% | 2026-09-23 | 1.88% | CH1196217009 |
| Valiant Bank AG | 0.94% | 2027-01-29 | 0.20% | CH0419040727 |
| Roche Kapitalmarkt AG | 0.64% | 2027-02-25 | 0.50% | CH1166151899 |
| Holcim LTD | 0.94% | 2027-03-18 | 0.25% | CH1101561525 |
| Dormakaba Finance AG | 1.06% | 2027-10-14 | 3.76% | CH1206367497 |
| Nestle SA | 0.74% | 2027-11-20 | 1.62% | CH1300277832 |
| Valiant Bank AG | 0.62% | 2028-05-31 | 1.85% | CH1270609485 |
| Nestle SA | 0.82% | 2028-06-28 | 0.75% | CH0419042509 |
| Nestle SA | 0.80% | 2028-11-30 | 1.38% | CH1344316745 |
| Roche Kapitalmarkt AG | 0.72% | 2029-09-06 | 0.98% | CH1371736807 |
| Nestle SA | 0.94% | 2029-11-08 | 2.25% | CH1226543838 |
| Bossard Group AG | 1.25% | 2029-11-19 | 1.25% | CH1392903667 |
| Swiss Prime Site Finance AG | 1.13% | 2030-03-01 | 1.80% | CH1319968496 |
| Nestle SA | 0.96% | 2030-07-15 | 2.12% | CH1194355116 |
| Valiant Bank AG | 0.85% | 2030-11-29 | 0.10% | CH0522158903 |
| Nestle SA | 1.04% | 2031-05-30 | 1.50% | CH1344316752 |
| Emmi Finanz AG | 0.79% | 2031-12-01 | 0.38% | CH1146382481 |
| Roche Kapitalmarkt AG | 1.00% | 2032-09-23 | 2.00% | CH1211713230 |
| Nestle SA | 0.95% | 2032-10-04 | 0.55% | CH0383104343 |
| Helvetia Schweizerische Versicherungsgesellschaft AG | 1.27% | 2033-01-31 | 1.10% | CH1400064502 |
| Nestle SA | 1.08% | 2033-06-28 | 2.00% | CH1273475405 |
| Nestle SA | 1.20% | 2034-07-14 | 2.50% | CH1194355124 |
| Valiant Bank AG | 1.17% | 2034-12-04 | 0.12% | CH0461239029 |
| Credit Agricole | 1.20% | 2035-07-30 | 0.98% | CH1513428404 |
| Nestle SA | 1.20% | 2035-11-08 | 2.62% | CH1226543846 |
| Nestle SA | 1.30% | 2036-11-20 | 2.00% | CH1300277857 |
| Roche Kapitalmarkt AG | 1.26% | 2037-02-25 | 1.00% | CH1166151915 |
| Roche Kapitalmarkt AG | 1.37% | 2039-09-06 | 1.17% | CH1371736823 |
| Nestle SA | 1.41% | 2040-05-30 | 1.75% | CH1344316778 |