Bond Market
The SIX Swiss Exchange structures its bond market as follows:
CHF Bonds
This segment includes all listed CHF bonds regardless of the type of issuer (domestic or foreign), e.g.
straight bonds, convertibles (incl. exchangeables) and bonds cum warrants. The brisk trading in
conventional domestic and foreign bonds denominated in CHF is due to a persistently high issue volume.
International Bonds (Eurobonds)
International Bonds are bonds issued in a foreign currency (not CHF) by a foreign borrower. At the SIX Swiss Exchange,
they are gathered together in the International Bonds segment.
With regard to listing, International Bonds are divided into two subsegments. An International Bond is
either
-
listed on a foreign exchange recognised by the SIX Swiss Exchange. Such bonds are called International Bonds not
listed on the SIX Swiss Exchange. This subsegment is governed by the
Rules for the Admission of International Bonds to Trading on the SIX Swiss Exchange.
These securities are admitted to trading on the SIX Swiss Exchange, but not listed there.
No fees are charged on the admission of International Bonds to trading.
or an International Bond is
For questions and answers related to listing International Bonds on the SIX Swiss Exchange, please see
FAQ.
By urgent federal decree, trades in International Bonds are exempt from Swiss stamp tax for foreign
customers.
About 30-40 percent of all International Bonds are placed with asset managers and in Switzerland's
private-banking sector. The network of participants is an ideal platform for market makers (sell side)
and private banking (buy side). The fully integrated trading and clearing platform of the SIX Swiss Exchange is ideal for
automating the retail flow.
Participants can send the SIX Swiss Exchange a written indication of interest for admission to trading by post or
via e-mail or fax (+41(0)58 854 24 76).
Please note the Rules for the Admission of International Bonds to Trading on the SIX Swiss Exchange.
| 
