Switzerland AAA–AA Senior Unsecured Non-Callable Banks Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/chf-corporate-senior-unsecured-aaa-aa-banks-switzerland-non-callable
Switzerland AAA–AA Senior Unsecured Non-Callable Banks Corporate Bond Yields (CHF) as of 2026-09-10: 10Y at 1.21%, fitted curve 1M–20Y (0.44%–1.34%), 72 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 0.44% | — |
| 3M | 0.46% | 0.48% |
| 6M | 0.50% | 0.55% |
| 9M | 0.55% | 0.67% |
| 12M | 0.58% | 0.67% |
| 18M | 0.66% | 0.82% |
| 2Y | 0.73% | 0.95% |
| 3Y | 0.86% | 1.12% |
| 4Y | 0.96% | 1.27% |
| 5Y | 1.03% | 1.34% |
| 6Y | 1.09% | 1.37% |
| 7Y | 1.13% | 1.38% |
| 8Y | 1.16% | 1.38% |
| 9Y | 1.18% | 1.40% |
| 10Y | 1.21% | 1.46% |
| 15Y | 1.34% | 1.66% |
| 20Y | 1.24% | 0.89% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.73% and the 10-year 1.21%, a 10Y−2Y spread of +47 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 0.73% | 0.62% | 0.61% | 0.71% | 0.66% | 0.65% | 0.54% |
| 10Y | 1.21% | 1.13% | 1.15% | 1.10% | 1.04% | 1.00% | 0.93% |
| 10Y − 2Y | +47 bp | +51 bp | +55 bp | +39 bp | +38 bp | +36 bp | +38 bp |
Bonds in this curve
A selection of 30 of the 93 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Basler Kantonalbank | 0.74% | 2026-10-26 | 1.88% | CH0118095667 |
| Banque Cantonale Vaudoise | 0.31% | 2026-11-30 | 1.62% | CH0143302005 |
| Zuercher Kantonalbank | 0.34% | 2027-01-25 | 0.15% | CH0398633799 |
| Glarner Kantonalbank | 0.46% | 2027-02-26 | 0.38% | CH0269699176 |
| Schwyzer Kantonalbank | 0.56% | 2027-03-04 | 0.25% | CH0270017830 |
| Basler Kantonalbank | 0.25% | 2027-06-22 | 0.30% | CH0353574319 |
| EFG Bank AG | 0.40% | 2027-06-28 | 2.00% | CH1353257913 |
| Zuercher Kantonalbank | 0.46% | 2027-08-16 | 0.02% | CH0330143188 |
| Aargauische Kantonalbank | 0.56% | 2027-11-15 | 0.50% | CH0444153792 |
| Zuercher Kantonalbank | 0.63% | 2028-01-25 | 0.30% | CH0373476339 |
| ST Galler Kantonalbank | 0.73% | 2028-01-24 | 0.35% | CH0457723549 |
| Schwyzer Kantonalbank | 0.87% | 2028-10-25 | 0.10% | CH0340907929 |
| Banque Cantonale Vaudoise | 0.87% | 2028-12-13 | 0.50% | CH0340953428 |
| Banque Cantonale de Geneve | 1.08% | 2029-03-16 | 0.62% | CH1163572949 |
| Raiffeisen Schweiz Genossenschaft | 1.12% | 2029-05-14 | 0.85% | CH1428648278 |
| Zuercher Kantonalbank | 0.92% | 2030-10-28 | 0.75% | CH0299297280 |
| Banque Cantonale de Geneve | 1.13% | 2030-12-09 | 1.88% | CH1230442613 |
| Banque Cantonale Vaudoise | 1.16% | 2031-04-07 | 0.40% | CH0319932767 |
| Raiffeisen Schweiz Genossenschaft | 1.22% | 2031-04-22 | 0.75% | CH0320712604 |
| Basellandschaftliche Kantonalbank | 1.04% | 2032-05-13 | 1.60% | CH0522159042 |
| Raiffeisen Schweiz Genossenschaft | 1.33% | 2032-05-14 | 1.19% | CH1428648286 |
| Zuercher Kantonalbank | 1.07% | 2033-05-16 | 0.70% | CH1446452307 |
| Banque Cantonale Vaudoise | 1.24% | 2033-12-22 | 0.20% | CH0522158952 |
| Basler Kantonalbank | 1.09% | 2034-03-17 | 0.70% | CH1480163711 |
| Basellandschaftliche Kantonalbank | 1.05% | 2034-07-31 | 1.00% | CH1434204363 |
| ST Galler Kantonalbank | 1.16% | 2035-04-30 | 0.25% | CH0522158846 |
| Zuercher Kantonalbank | 1.14% | 2035-08-14 | 0.95% | CH1471403746 |
| Banque Cantonale Vaudoise | 1.35% | 2036-05-05 | 0.40% | CH0522158861 |
| Luzerner Kantonalbank AG | 1.35% | 2040-08-28 | 0.25% | CH0565630610 |
| Thurgauer Kantonalbank | 1.32% | 2044-08-29 | 1.13% | CH1366517105 |