BCGE partners with UBS to launch bond

clock • 1 min read

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.

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