Zuercher Kantonalbank, founded in 1892, is a significant financial institution based in Zurich, Switzerland, functioning primarily to support the local economy and provide banking services to residents. The bank offers a wide range of services, including retail banking, wealth management, and mortgage lending, focusing on individual and residential clients.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Zuercher Kantonalbank has been active in the bond market since its inception, issuing its first bonds in the 1990s to enhance local infrastructure financing. Notably, the bank issued a significant 750 million CHF bond in 2020 as part of its strategic funding for sustainable projects, which saw a yield of 0.25%, demonstrating strong market interest. Its bonds typically enjoy a stable rating and offer attractive terms for investors, with features such as zero-coupon options and green bond classifications, marking a commitment to sustainable finance.