Switzerland Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/chf-corporate-switzerland
Switzerland Corporate Bond Yields (CHF) as of 2026-07-27: 10Y at 1.27%, fitted curve 1M–25Y (0.46%–1.32%), 595 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 0.46% | — |
| 3M | 0.49% | 0.50% |
| 6M | 0.54% | 0.60% |
| 9M | 0.61% | 0.73% |
| 12M | 0.66% | 0.83% |
| 18M | 0.74% | 0.91% |
| 2Y | 0.81% | 0.99% |
| 3Y | 0.91% | 1.13% |
| 4Y | 1.01% | 1.28% |
| 5Y | 1.08% | 1.39% |
| 6Y | 1.14% | 1.45% |
| 7Y | 1.19% | 1.47% |
| 8Y | 1.23% | 1.48% |
| 9Y | 1.25% | 1.47% |
| 10Y | 1.27% | 1.45% |
| 15Y | 1.31% | 1.40% |
| 20Y | 1.32% | 1.35% |
| 25Y | 1.32% | 1.33% |
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 +47 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% | 0.61% | 0.76% | 0.73% | 0.78% | 0.46% | 0.51% |
| 10Y | 1.27% | 1.10% | 1.28% | 1.14% | 1.12% | 0.94% | 1.07% |
| 10Y − 2Y | +47 bp | +48 bp | +52 bp | +41 bp | +33 bp | +48 bp | +55 bp |
Yields by rating group
The same curve split by credit quality: 476 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 0.92%, A+ to BBB- 0.99%, Speculative 1.07%.
Bonds in this curve
A selection of 30 of the 719 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Aargauische Kantonalbank | 0.60% | 2026-09-07 | 0.25% | CH0379354225 |
| Banque Cantonale Neuchateloise | 0.65% | 2026-09-14 | 0.35% | CH0398633369 |
| Holcim LTD | 1.43% | 2026-10-19 | 0.38% | CH1154887132 |
| Basler Kantonalbank | 0.44% | 2026-10-26 | 1.88% | CH0118095667 |
| Union Bancaire Privee, UBP S.A. | 0.48% | 2026-12-15 | 0.20% | CH1141700547 |
| Buehler Holding AG | 1.39% | 2026-12-21 | 0.60% | CH0389606085 |
| Holcim LTD | 0.94% | 2027-03-18 | 0.25% | CH1101561525 |
| Allreal Holding AG | 0.76% | 2027-03-30 | 0.88% | CH0357676110 |
| Novartis | 0.40% | 2027-06-18 | 1.60% | CH1353257806 |
| ST Galler Kantonalbank | 0.53% | 2027-06-22 | 1.38% | CH0187043820 |
| Aargauische Kantonalbank | 0.51% | 2027-11-15 | 0.50% | CH0444153792 |
| Sulzer AG | 1.11% | 2027-11-18 | 0.88% | CH0576402165 |
| Helvetia Baloise Holding AG | 0.72% | 2028-05-12 | 0.62% | CH1548688311 |
| Kantonsspital Baden AG | 1.31% | 2028-05-23 | 0.70% | CH0413618353 |
| Luzerner Kantonalbank AG | 0.84% | 2029-01-31 | 0.41% | CH0419040800 |
| PSP Swiss Property AG | 0.85% | 2029-02-02 | 0.15% | CH0461239060 |
| Zuger Kantonalbank | 0.87% | 2030-01-31 | 0.30% | CH1158693296 |
| PSP Swiss Property AG | 0.90% | 2030-02-06 | 0.00% | CH0488506665 |
| Zuercher Kantonalbank | 0.89% | 2031-02-05 | 0.05% | CH0461239045 |
| ST Galler Kantonalbank | 0.87% | 2031-02-12 | 1.50% | CH0204790759 |
| Luzerner Kantonalbank AG | 0.91% | 2032-01-30 | 2.12% | CH1231094355 |
| Helvetia Baloise Holding AG | 1.16% | 2032-01-30 | 2.20% | CH1232107180 |
| Zuercher Kantonalbank | 0.96% | 2033-05-16 | 0.70% | CH1446452307 |
| Kantonsspital Baden AG | 1.52% | 2033-05-23 | 1.10% | CH0413618361 |
| Basler Kantonalbank | 1.01% | 2034-03-17 | 0.70% | CH1480163711 |
| Glarner Kantonalbank | 1.08% | 2035-04-13 | 0.25% | CH1101096514 |
| Basler Kantonalbank | 1.08% | 2036-03-10 | 0.25% | CH0506071395 |
| Roche Kapitalmarkt AG | 1.37% | 2039-09-06 | 1.17% | CH1371736823 |
| Zuercher Kantonalbank | 1.33% | 2044-03-29 | 2.50% | CH0126662904 |
| Novartis | 1.51% | 2049-06-18 | 1.85% | CH1353257848 |