Swiss franc bonds

In the reporting year, the “Swiss franc bonds” asset class recorded a return of -0.1%. The total value of “Swiss franc bonds” at the end of 2025 was CHF 5 818 million, which corresponds to a share of 12.7% of the market portfolio (including the multi-asset portfolio).

Mandate management organisation

The Management Office is responsible for the "Domestic CHF Bonds" and "Foreign CHF Bonds" mandates.

Domestic CHF Bonds

The “Domestic CHF Bonds” segment generated a return of -0.2% for the year under review. At the end of 2025, its value amounted to CHF 4 997 million.

Foreign CHF Bonds

In the reporting year, the “Foreign CHF Bonds” segment generated a return of 0.5%. At the end of 2025, the asset class had a value of CHF 822 million.