Swiss AAA–AA Senior Unsecured Non-Callable Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/chf-corporate-senior-unsecured-aaa-aa-non-callable
Swiss AAA–AA Senior Unsecured Non-Callable Corporate Bond Yields (CHF) as of 2026-07-27: 10Y at 1.24%, fitted curve 1M–25Y (0.42%–1.52%), 202 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 0.42% | — |
| 3M | 0.45% | 0.46% |
| 6M | 0.50% | 0.55% |
| 9M | 0.56% | 0.70% |
| 12M | 0.64% | 0.88% |
| 18M | 0.76% | 0.98% |
| 2Y | 0.82% | 1.00% |
| 3Y | 0.91% | 1.09% |
| 4Y | 0.98% | 1.20% |
| 5Y | 1.04% | 1.27% |
| 6Y | 1.09% | 1.32% |
| 7Y | 1.13% | 1.37% |
| 8Y | 1.17% | 1.44% |
| 9Y | 1.20% | 1.51% |
| 10Y | 1.24% | 1.57% |
| 15Y | 1.37% | 1.63% |
| 20Y | 1.45% | 1.70% |
| 25Y | 1.52% | 1.80% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.82% and the 10-year 1.24%, a 10Y−2Y spread of +42 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 | 0.82% | 0.61% | 0.78% | 0.71% | 0.75% | 0.45% | 0.48% |
| 10Y | 1.24% | 0.96% | 1.16% | 0.96% | 1.03% | 0.82% | 0.95% |
| 10Y − 2Y | +42 bp | +35 bp | +38 bp | +25 bp | +28 bp | +38 bp | +47 bp |
Bonds in this curve
A selection of 30 of the 265 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| EBN BV | 0.57% | 2026-09-22 | 0.88% | CH0253225954 |
| LGT Bank AG | 0.46% | 2026-10-12 | 0.20% | CH0338330431 |
| Basler Kantonalbank | 0.44% | 2026-10-26 | 1.88% | CH0118095667 |
| Credit Agricole | 0.59% | 2026-12-14 | 0.55% | CH0323735677 |
| Zuercher Kantonalbank | 0.37% | 2027-01-25 | 0.15% | CH0398633799 |
| Credit Agricole | 0.14% | 2027-03-16 | 0.50% | CH0255893072 |
| First ABU Dhabi Bank Pjsc | 1.13% | 2027-03-31 | 0.07% | CH0593893925 |
| Novartis | 0.40% | 2027-06-18 | 1.60% | CH1353257806 |
| Basler Kantonalbank | 0.41% | 2027-06-22 | 0.30% | CH0353574319 |
| Aargauische Kantonalbank | 0.51% | 2027-11-15 | 0.50% | CH0444153792 |
| Muenchener Hypothekenbank EG | 0.92% | 2027-11-18 | 0.12% | CH0506668836 |
| NEW York Life Global Funding | 0.90% | 2028-05-04 | 1.38% | CH1179534982 |
| Westpac Banking Corporation | 0.75% | 2028-05-16 | 0.50% | CH0398678927 |
| National Australia Bank Limited | 0.85% | 2029-01-29 | 0.07% | CH0517825326 |
| Transpower New Zealand Limited | 0.92% | 2029-03-16 | 0.04% | CH0522158838 |
| BNG Bank NV | 0.73% | 2030-04-12 | 2.75% | CH0111826514 |
| BNG Bank NV | 0.71% | 2030-05-19 | 1.69% | CH1264823506 |
| National Australia Bank Limited | 1.02% | 2031-02-03 | 0.56% | CH1160188327 |
| ST Galler Kantonalbank | 0.87% | 2031-02-12 | 1.50% | CH0204790759 |
| Basellandschaftliche Kantonalbank | 0.96% | 2032-05-13 | 1.60% | CH0522159042 |
| Raiffeisen Schweiz Genossenschaft | 1.23% | 2032-05-14 | 1.19% | CH1428648286 |
| Royal Bank of Canada | 0.90% | 2033-04-14 | 0.75% | CH1540977167 |
| Zuercher Kantonalbank | 0.96% | 2033-05-16 | 0.70% | CH1446452307 |
| Landwirtschaftliche Rentenbank | 0.80% | 2034-02-17 | 0.63% | CH1512677001 |
| Basler Kantonalbank | 1.01% | 2034-03-17 | 0.70% | CH1480163711 |
| ST Galler Kantonalbank | 1.05% | 2035-04-30 | 0.25% | CH0522158846 |
| Landwirtschaftliche Rentenbank | 0.91% | 2036-03-18 | 0.61% | CH1536312163 |
| Berner Kantonalbank | 1.48% | 2039-09-30 | 0.10% | CH0419041485 |
| Thurgauer Kantonalbank | 1.38% | 2044-08-29 | 1.13% | CH1366517105 |
| Novartis | 1.51% | 2049-06-18 | 1.85% | CH1353257848 |