Race to spruce up Swiss market as redemption windfall looms

Autumn is coming, and Swiss franc bankers are pinning their hopes on a wall. That is a Sfr25bn ($25bn) wall of maturing bonds, the refinancing of which they hope will bring the market to life. But sceptics fear conditions might not be good enough to persuade issuers, mostly foreign, that the Swiss market is the right place to do it.