Zürcher Kantonalbank launched a EUR 500 million bail-in bond
Media release from 4 September 2025
Supported by broad demand, Zürcher Kantonalbank has today issued a bail-in bond in the amount of EUR 500 million with a coupon of 3.153%. The bail-in bond counts towards the gone concern capital which systemically important banks are required to hold for regulatory purposes and is assigned an instrument rating of Aa2 by the rating agency Moody's.
The issue price of the new bail-in bond is 100% and the settlement will be on 11 September 2025. The bail-in bond is traded under the ISIN CH1471403852 on the SIX Swiss Exchange.