Banque Cantonale de Genève (BCGE), in partnership with the cantonal banks of Basel (BKB) and Zurich (ZKB) and UBS has issued a new bond on the Swiss market.
The CHF120m bond comes with a fixed coupon of 0.125% maturing on 23 April 2026.
The operation has been successful with investors. This loan enables the bank to complete its long-term refinancing and to support the growth of financing for companies and individuals.
In addition, BCGE has increased its margin of safety against the liquidity ratio requirements of Basel III.