New Confederation bonds
Bern, 11.11.2025 — The Swiss Confederation is offering two bonds on a public tender system on 12.11.2025: 1.25%, maturity 27.06.2037 (reopening) and 0.875%, maturity 22.05.2047 (reopening).
Interest rate: 1.25%
Maturity: 27.06.2037
Amount: will be fixed after all bids are submitted.
Auction: 12.11.2025/11.00am
Settlement/accrued interest: 26.11.2025/149 days
ISIN no.: prov.: CH0557779326
Fungible with ISIN no.: CH0127181193
Own holdings of the Confederation: CHF 300 million
Interest rate: 0.875%
Maturity: 22.05.2047
Amount: will be fixed after all bids are submitted.
Auction: 12.11.2025/11.00am
Settlement/accrued interest: 26.11.2025/184 days
ISIN no.: prov.: CH0557779334
Fungible with ISIN no.: CH0557779003
Own holdings of the Confederation: CHF 0 million
Reuters: SWIW, Bloomberg: SWIT
Offers can be submitted without a price indication; in this case, they will be accepted at the issuing price. After settlement, the reopening tranches will be fungible with the corresponding outstanding bonds.