Zürcher Kantonalbank launched a EUR 500 million bail-in bond

Supported by broad demand, Zürcher Kantonalbank has today issued a bail-in bond in the amount of EUR 500 million and with a coupon of 3.622%. 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 17.06.2026. The bail-in bond is traded under the ISIN CH1515238637 on the SIX Swiss Exchange.