ZKB

Investis Group, the Swiss residential property company, is preparing to raise at least Sfr150m ($156m) through an IPO on the SIX Swiss Exchange.

Canton of Schwyz printed a seven year note with a negative yield on Monday, with what was its first Swiss franc bond since 2011.

Swiss franc issues from international borrowers have declined markedly in the last two weeks with syndicate bankers blaming basis swaps which have moved more deeply negative.

Swiss franc issues from international borrowers have declined drastically in the last two weeks as the Swiss franc basis swap has moved more deeply negative, Swiss franc syndicate bankers told GlobalCapital on Tuesday.

Switzerland's largest canton returned to the Swiss franc market after a long absence on Tuesday with a 12 year deal that was heavily oversubscribed.