Banks

Guarantor: Swedish local government members

Rating: Aa1/AA-/AAA

Rating: Aaa/AAA/AA+

Rating: Aa3/A/A+

Given the uncertainty created by Tuesday’s Brexit vote, the issuance frontloaded into the Swiss franc market at the start of the week was dominated by domestic borrowers.

Rating: Aa2/AA/AA

Guarantor: CPP Investment Board

Rating: —/AA/AA

Rating: Baa3/BBB/BBB

Rating: Aaa/AAA/AAA

Guarantor: Federal Republic of Germany

Rating: A3/—A