Swiss turn positive on Austria as Bawag brings fives

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Swiss turn positive on Austria as Bawag brings fives

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A supporter of Switzerland's Roger Federer holds up his national flag during his fourth round match against David Goffin of Belgium at the Australian Open tennis championships in Melbourne, Australia, Sunday, Jan. 24, 2016.(AP Photo/Vincent Thian) | Vincent Thian/AP/Press Association Images

Bawag PSK offered a Sfr175m five year note to yield hungry Swiss investors on Wednesday, becoming the third Austrian bank to offer short dated, but positive yielding bonds to Swiss investors in the last few weeks.

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