Switzerland Callable Corporate Bond Yields (CHF)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/chf-corporate-switzerland-callable
Switzerland Callable Corporate Bond Yields (CHF) as of 2026-07-27: 10Y at 1.36%, fitted curve 3M–15Y (0.58%–1.37%), 128 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 0.58% | — |
| 6M | 0.62% | 0.65% |
| 9M | 0.65% | 0.72% |
| 12M | 0.69% | 0.79% |
| 18M | 0.76% | 0.90% |
| 2Y | 0.83% | 1.03% |
| 3Y | 0.95% | 1.21% |
| 4Y | 1.06% | 1.39% |
| 5Y | 1.15% | 1.51% |
| 6Y | 1.22% | 1.57% |
| 7Y | 1.28% | 1.59% |
| 8Y | 1.31% | 1.58% |
| 9Y | 1.34% | 1.56% |
| 10Y | 1.36% | 1.52% |
| 15Y | 1.37% | 1.39% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 0.83% and the 10-year 1.36%, a 10Y−2Y spread of +53 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 | 0.83% | 0.66% | 0.79% | 0.76% | 0.80% | 0.50% | 0.60% |
| 10Y | 1.36% | 1.16% | 1.37% | 1.22% | 1.25% | 1.08% | 1.24% |
| 10Y − 2Y | +53 bp | +51 bp | +58 bp | +46 bp | +45 bp | +59 bp | +64 bp |
Yields by rating group
The same curve split by credit quality: 116 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 0.90%, A+ to BBB- 1.01%, Speculative 1.07%.
Bonds in this curve
A selection of 30 of the 146 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Holcim LTD | 1.43% | 2026-10-19 | 0.38% | CH1154887132 |
| Syngenta Finance NV | 0.70% | 2026-12-09 | 0.70% | CH0525158447 |
| Union Bancaire Privee, UBP S.A. | 0.48% | 2026-12-15 | 0.20% | CH1141700547 |
| UBS Group AG | 0.89% | 2027-01-27 | 0.00% | CH0591979650 |
| Clariant AG | 0.74% | 2027-03-30 | 2.38% | CH1331113501 |
| Swisscom AG | 0.50% | 2027-05-31 | 0.38% | CH0362748359 |
| HBM Healthcare Investments AG | 1.25% | 2027-07-12 | 1.12% | CH1109638499 |
| Daetwyler Holding AG | 1.21% | 2027-07-13 | 2.10% | CH1189217867 |
| Adecco Group AG | 0.97% | 2027-11-17 | 2.38% | CH1214797206 |
| Swisscom AG | 0.57% | 2027-12-15 | 0.38% | CH0344583783 |
| Helvetia Baloise Holding AG | 0.72% | 2028-05-12 | 0.62% | CH1548688311 |
| UBS Group AG | 0.81% | 2028-06-16 | 0.25% | CH0550413360 |
| Roche Kapitalmarkt AG | 0.75% | 2029-03-23 | 0.45% | CH0359915409 |
| ABB LTD | 0.83% | 2029-05-07 | 1.00% | CH0457206818 |
| ABB LTD | 1.00% | 2030-04-05 | 2.38% | CH1214797198 |
| Helvetia Baloise Holding AG | 0.70% | 2030-06-27 | 0.12% | CH1130818839 |
| Helvetia Baloise Holding AG | 1.09% | 2031-02-17 | 0.15% | CH0593641068 |
| Swisscom AG | 0.89% | 2031-09-18 | 0.13% | CH0515152467 |
| Bank Vontobel AG | 1.34% | 2032-03-12 | 1.06% | CH1224630231 |
| Zurich Insurance Group AG | 0.93% | 2032-08-27 | 0.10% | CH0525158371 |
| Swisscom AG | 1.22% | 2033-11-24 | 0.75% | CH0373476164 |
| Berner Kantonalbank | 1.14% | 2033-12-15 | 0.95% | CH1416797517 |
| Stadler Rail AG | 1.69% | 2034-07-03 | 1.80% | CH1562934716 |
| Swisscom AG | 1.22% | 2034-08-23 | 1.80% | CH1350727793 |
| Novartis | 1.16% | 2035-05-11 | 1.05% | CH0270191007 |
| Alpiq Holding AG | 1.55% | 2035-07-10 | 1.45% | CH1415780167 |
| Sandoz Group AG | 1.55% | 2036-04-15 | 1.55% | CH1543592740 |
| Helvetia Baloise Holding AG | 1.44% | 2036-05-12 | 1.50% | CH1548688337 |
| Swisscom AG | 1.48% | 2039-11-23 | 2.00% | CH1350727801 |
| Flughafen Zurich AG | 1.32% | 2040-06-25 | 1.18% | CH1435012104 |