The Leading International Listing Location for Bonds
With the Swiss Stock Exchange, you benefit from a debt capital market that is both large and truly international. Almost half of our listed bonds are issued by foreign issuers from around 40 jurisdictions across 5 continents.
Investors have a choice of around 2,000 listed bonds, around 1,500 bonds admitted to trading and a wide range of instruments, including straight bonds, floating-rate notes, convertibles, exchangeables, asset-backed securities and loan participation notes. What’s more, debt instruments can be listed and traded in all major currencies.
How to List a Bond
The Swiss Stock Exchange differentiates between "listing" and "admission to trading" for bonds.
- Listing occurs upon application by the issuer and must be submitted by a recognized representative. It involves certain obligations on the issuer.
- For bonds that are already listed on a recognized foreign exchange, there is the option of admission to trading, without having to go through the full listing process. The consent of the issuer is not required, and there are no obligations on the issuer.
|Listing||Admission to trading|
|Your bond is listed by using the web-based CONNEXOR listing application. This allows your bonds to enter into trading quickly and efficiently – provisional admission to trading can begin just three trading days from receipt of the electronic application. You then have two months to lodge your formal listing application, along with the required declarations and listing prospectus.||Provisional admission to trading on the Swiss Stock Exchange also takes place using the web-based CONNEXOR listing application. In this case, your bond will be provisionally admitted to trading within three trading days of the application being submitted.|
Deal Pool: Efficient. Standardized. Secure.
Deal Pool offers institutional investors and banks information about upcoming Swiss Franc bond offerings in a timely, standardized, convenient and traceable manner. Users can register for free in three simple steps, and will receive the same information at exactly the same time in a standardized format.
Developed in cooperation with the leading syndicate banks in Switzerland, Deal Pool illustrates how SIX fulfils its mandate of developing and operating infrastructure services for the Swiss financial center and Swiss banks to increase efficiency, quality and innovation.
Resources and Downloads
The Swiss Stock Exchange has been a trading venue for green bonds since 2014 when the European Investment Bank (EIB) listed the first green bond. In total, 37 green and sustainability bonds with a nominal volume equivalent to around CHF 14.1 billion in various currencies such as CHF, EUR, USD, CAD, AUD and NZD are currently traded on the Swiss Stock Exchange.
To help strengthening sustainable investing and to facilitate investors' search for green and sustainability bonds, a "green bond flag" and a "sustainability bond flag" have been introduced on the Swiss Stock Exchange website. In order to identify the respective green and sustainability bonds, a partnership with the Climate Bonds Initiative (CBI) has been entered into starting in 2018.
CBI is an international, investor-focused non-profit organization with the aim to promote capital markets for sustainable projects. In addition to leading investors and banks, CBI's partners include nations, including Switzerland.
With the CBI partnership, the Swiss Stock Exchange takes the next step to give green and sustainability bonds a higher visibility and to support sustainable investing.