Skip to main content

Press releasePublished on 12 November 2025

Issue result for Confederation bonds

Bern, 12.11.2025 — The Swiss Confederation issued two bonds by auction on 12.11.2025: 1.25%, maturity 27.06.2037 (reopening) and 0.875%, maturity 22.05.2047 (reopening). The issuance volume (excluding own holdings) amounts to a total of 378.721 million francs.

Interest rate: 1.25%
Maturity: 27.06.2037
Amount: CHF 220.190 million (300 million own holdings)
Issue price: 111.700%
Yield p.a.: 0.226%
Total bids: CHF 316.601 million
Allotment in last price category: 100%
Offers without price details: CHF 98.84 million
Settlement: 26.11.2025
ISIN no. (until settlement): CH0557779326
Fungible with ISIN no.: CH0127181193

Interest rate: 0.875%
Maturity: 22.05.2047
Amount: CHF 158.531 million (0 million own holdings)
Issue price: 110.600%
Yield p.a.: 0.361%
Total bids: CHF 307.331 million
Allotment in last price category: 100%
Offers without price details: CHF 101.640 million
Settlement: 26.11.2025
ISIN no. (until settlement): CH0557779334
Fungible with ISIN no.: CH0557779003

Reuters: SWIW, Bloomberg: SWIT