Is a Swiss Pfandbrief a Bond?

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  • Benutzernamejosemarcos
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  • Registriert seit1/24/17
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I am interested in learning more about the Swiss Pfandbrief system. Are Pfandbriefe bonds? Can private investors use Pfandbriefe? How can I invest in them? Is it worth it?

 
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  • Benutzernamekarlweber
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  • Registriert seit1/24/17
  • Beiträge46

A Swiss Pfandbrief is a covered bond that is secured by Swiss real estate as collateral. It yields interest at a fixed rate over a fixed term.

Swiss Pfandbriefe are issued by one of two issuers:

  • Pfandbriefzentrale der schweizerischen Kantonalbanken AG
  • Pfandbriefbank schweizerischer Hypothekarinstitute AG

They are sold and traded on the SIX stock exchange, which means you can buy them using any Swiss stock broker. You can find examples of the ISINs and the coupons of current Pfandbried issues here:
https://pfandbriefbank.ch/pfandbriefanleihen/

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Cheap bank accounts with card

Online private account

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  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Swiss digital bank

Radicant

  • High interest on your everyday account

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  • Up to 1% of card spending as saveback in the investment portfolio

Free bank account

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  • No account fees

  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

Swiss digital bank

Alpian

  • CHF 75 welcome bonus with referral code LAND25.

  • Favorable foreign exchange rates

  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

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Online private account

UBS key4

50 KeyClub points as a welcome gift