Swiss Secured Non-Callable Banks Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/chf-corporate-secured-banks-non-callable
Swiss Secured Non-Callable Banks Corporate Bond Yields (CHF) as of 2026-07-27: 10Y at 1.14%, fitted curve 1M–15Y (0.37%–1.20%), 33 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 0.37% | — |
| 3M | 0.39% | 0.41% |
| 9M | 0.46% | 0.50% |
| 12M | 0.50% | 0.61% |
| 18M | 0.58% | 0.73% |
| 2Y | 0.65% | 0.88% |
| 3Y | 0.77% | 1.01% |
| 4Y | 0.84% | 1.06% |
| 5Y | 0.91% | 1.18% |
| 8Y | 1.08% | 1.36% |
| 10Y | 1.14% | 1.39% |
| 15Y | 1.20% | 1.33% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.65% and the 10-year 1.14%, a 10Y−2Y spread of +49 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 ago2026-02-05 |
|---|---|---|---|---|---|---|---|
| 2Y | 0.65% | 0.48% | 0.66% | 0.55% | 0.55% | 0.31% | 0.34% |
| 10Y | 1.14% | 0.95% | 1.12% | 1.01% | 0.99% | 0.90% | — |
| 10Y − 2Y | +49 bp | +47 bp | +46 bp | +46 bp | +45 bp | +58 bp | — |
Yields by rating group
The same curve split by credit quality: 58 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 0.71%, A+ to BBB- 0.55%.
Bonds in this curve
A selection of 30 of the 58 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Banco Santander SA | 0.31% | 2026-09-12 | 2.01% | CH1292012775 |
| Credit Agricole | 0.14% | 2026-09-23 | 1.90% | CH1274703110 |
| Muenchener Hypothekenbank EG | 0.54% | 2026-11-10 | 0.01% | CH1139995810 |
| Bank of Nova Scotia | 0.75% | 2027-04-01 | 0.28% | CH1167887251 |
| Hypo Vorarlberg Bank AG | 0.38% | 2027-04-07 | 0.50% | CH1166151972 |
| Sparebank 1 Boligkreditt AS | 0.31% | 2027-04-06 | 0.51% | CH1174335765 |
| Muenchener Hypothekenbank EG | 0.23% | 2027-06-30 | 1.25% | CH1195555409 |
| Credit Agricole | 0.49% | 2027-07-27 | 0.25% | CH0373945036 |
| National Bank of Canada | 0.52% | 2027-11-03 | 1.96% | CH1221150480 |
| Valiant Bank AG | 0.51% | 2027-12-06 | 0.38% | CH0391911770 |
| Bank of Montreal | 0.60% | 2028-04-27 | 2.04% | CH1261608892 |
| Credit Agricole | 0.60% | 2028-05-26 | 1.82% | CH1268922189 |
| Muenchener Hypothekenbank EG | 0.63% | 2028-06-14 | 0.50% | CH0417086086 |
| Compagnie de Financement Foncier | 0.64% | 2028-06-16 | 1.90% | CH1251030107 |
| Credit Agricole | 0.79% | 2029-01-24 | 0.45% | CH0457206784 |
| Muenchener Hypothekenbank EG | 0.79% | 2029-02-26 | 0.25% | CH0460872341 |
| Compagnie de Financement Foncier | 0.88% | 2029-04-27 | 0.89% | CH1179184416 |
| Canadian Imperial Bank of Commerce | 0.80% | 2029-04-26 | 0.97% | CH1179534958 |
| Muenchener Hypothekenbank EG | 0.87% | 2029-10-05 | 0.12% | CH1137407453 |
| Muenchener Hypothekenbank EG | 0.73% | 2030-05-07 | 1.88% | CH1233900005 |
| Muenchener Hypothekenbank EG | 0.84% | 2030-05-10 | 0.25% | CH0471297991 |
| Westpac Banking Corporation | 0.77% | 2030-06-13 | 2.01% | CH1271360385 |
| Danske Bank A/S | 0.76% | 2030-10-04 | 1.86% | CH1296276145 |
| Valiant Bank AG | 0.92% | 2031-05-07 | 0.10% | CH0522158879 |
| Bawag P.S.K. | 0.90% | 2031-05-26 | 1.96% | CH1231094363 |
| Muenchener Hypothekenbank EG | 0.90% | 2031-06-18 | 0.20% | CH0481013768 |
| ABN Amro Bank NV | 0.86% | 2031-08-15 | 3.38% | CH0026302304 |
| Muenchener Hypothekenbank EG | 0.97% | 2034-03-15 | 0.55% | CH0463112059 |
| Muenchener Hypothekenbank EG | 1.09% | 2036-08-13 | 0.05% | CH1122290237 |
| Muenchener Hypothekenbank EG | 1.24% | 2041-03-29 | 0.25% | CH1100259808 |