Swiss Senior Unsecured Healthcare & Pharmaceuticals Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/chf-corporate-senior-unsecured-healthcare-pharmaceuticals
Swiss Senior Unsecured Healthcare & Pharmaceuticals Corporate Bond Yields (CHF) as of 2026-07-27: 10Y at 1.37%, fitted curve 12M–25Y (0.79%–1.48%), 38 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 0.79% | — |
| 18M | 0.84% | 0.94% |
| 2Y | 0.89% | 1.04% |
| 3Y | 0.98% | 1.16% |
| 4Y | 1.07% | 1.31% |
| 5Y | 1.14% | 1.43% |
| 6Y | 1.20% | 1.52% |
| 7Y | 1.26% | 1.58% |
| 8Y | 1.30% | 1.62% |
| 9Y | 1.34% | 1.63% |
| 10Y | 1.37% | 1.64% |
| 15Y | 1.45% | 1.61% |
| 25Y | 1.48% | 1.52% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.89% and the 10-year 1.37%, 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 ago2026-02-05 |
|---|---|---|---|---|---|---|---|
| 2Y | 0.89% | 0.67% | 0.76% | 0.79% | 0.84% | 0.50% | 0.58% |
| 10Y | 1.37% | 1.18% | 1.36% | 1.27% | 1.26% | 1.07% | 1.09% |
| 10Y − 2Y | +48 bp | +52 bp | +60 bp | +48 bp | +41 bp | +58 bp | +51 bp |
Yields by rating group
The same curve split by credit quality: 29 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 1.07%, A+ to BBB- 1.26%, Speculative 1.07%.
Bonds in this curve
A selection of 30 of the 41 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Novartis | 0.40% | 2027-06-18 | 1.60% | CH1353257806 |
| Sandoz Group AG | 0.81% | 2028-03-31 | 1.25% | CH1428867027 |
| ELI Lilly & CO | 0.72% | 2028-05-24 | 0.45% | CH0323735602 |
| Kantonsspital Baden AG | 1.31% | 2028-05-23 | 0.70% | CH0413618353 |
| Roche Kapitalmarkt AG | 0.75% | 2028-09-15 | 1.60% | CH1305916764 |
| Sonova Holding AG | 1.04% | 2029-02-19 | 1.05% | CH1179534933 |
| Novo Nordisk Finance (Netherlands) B.V. | 0.68% | 2029-06-11 | 0.57% | CH1572819956 |
| Novartis | 0.88% | 2029-11-13 | 0.62% | CH0270190991 |
| Siegfried Holding AG | 1.22% | 2030-06-14 | 1.35% | CH1564488620 |
| Zimmer Biomet Holdings INC | 1.15% | 2030-09-04 | 0.93% | CH1478430742 |
| Sonova Holding AG | 1.08% | 2030-12-12 | 1.95% | CH1230759503 |
| Galenica AG | 1.07% | 2031-04-30 | 1.65% | CH1331113634 |
| Novartis | 0.98% | 2031-06-18 | 1.65% | CH1353257814 |
| Siegfried Holding AG | 1.28% | 2031-10-08 | 1.30% | CH1471403886 |
| Sonova Holding AG | 1.18% | 2032-02-19 | 1.40% | CH1179534941 |
| Sandoz Group AG | 1.24% | 2032-04-15 | 1.19% | CH1543592732 |
| Novo Nordisk Finance (Netherlands) B.V. | 1.06% | 2032-06-11 | 0.94% | CH1572819964 |
| Sandoz Group AG | 1.39% | 2033-03-31 | 1.75% | CH1428867035 |
| Kantonsspital Baden AG | 1.52% | 2033-05-23 | 1.10% | CH0413618361 |
| Roche Kapitalmarkt AG | 1.08% | 2033-09-15 | 1.75% | CH1305916772 |
| Novartis | 1.08% | 2034-06-16 | 1.75% | CH1353257822 |
| Sonova Holding AG | 1.19% | 2034-10-11 | 0.40% | CH0419041600 |
| Novartis | 1.16% | 2035-05-11 | 1.05% | CH0270191007 |
| Zimmer Biomet Holdings INC | 1.63% | 2035-09-04 | 1.56% | CH1478430759 |
| Sandoz Group AG | 1.55% | 2036-04-15 | 1.55% | CH1543592740 |
| Novo Nordisk Finance (Netherlands) B.V. | 1.35% | 2036-06-11 | 1.31% | CH1572819972 |
| Roche Kapitalmarkt AG | 1.34% | 2038-09-15 | 1.95% | CH1305916780 |
| Novartis | 1.36% | 2040-06-18 | 1.85% | CH1353257830 |
| Novo Nordisk Finance (Netherlands) B.V. | 1.65% | 2041-06-11 | 1.63% | CH1572819980 |
| Novartis | 1.51% | 2049-06-18 | 1.85% | CH1353257848 |