Swiss Francs
-
Domestic issuers crowd screens in Switzerland -
Demand is keen but investors are price-sensitive
-
International borrowers back in Swiss francs as long tenors find traction
-
Rare green bond from Zug Estates added diversity to this week’s Swissie issuance
-
The country is taking an exchange rate risk, but perhaps not a big one
-
◆ Swiss engineering group prints two and five year bonds ◆ Shorter leg priced at the tight end of guidance ◆ First Swiss franc deal for Oerlikon since 2023
-
Meanwhile, corporate issuers pile in after Roche deal
-
◆ Swiss pharma company prints 4.75, 10 and 15 year bonds ◆ Deal size increased to Sfr775m on strong demand ◆ Spreads land 2bp inside the tight end of IPTs on all tranches
-
Long tenors shine as US tariffs brushed aside and investors deploy cash ahead of autumn
-
◆ UBS ends 14 month Swiss franc covered absence ◆ Next to no premium paid ◆ Swiss bank has raised AT1, senior unsecured and now covered in the last week
-
Internationally focussed borrowers could fare better under higher tariff regime
-
German lender finds demand after record-breaking Pfandbriefzentrale deal
