| Foundation | 1 January 2007 |
|---|---|
| Operator | SIX Swiss Exchange |
| Exchanges | SIX Swiss Exchange |
| Trading symbol | SBR14T |
| Constituents | 1437 (as of September 30, 2019) |
| Market cap | CHF 416.610 billion (nominal, end 2017)[1] |
| Weighting method | Market-value-weighted, |
| Related indices | Swiss Market Index, Swiss Performance Index |
| Website | six-group.com |
| ISIN | CH0027441887 |
| Reuters | .SBR14T[dead link] |
| Bloomberg | SBR14T:IND |
The Swiss Bond Index (SBI) is a bond index which tracks fixed-rate, investment-grade obligations emitted in Swiss Francs, the currency of the Swiss Confederation. The index is calculated by SIX Swiss Exchange.[1]
It includes all the bonds emitted in CHF that meet inclusion criteria on maturity, issue size and rating.[1] The SBI and its subindices are notably used in investment portfolios such as exchange-traded funds (ETFs) that track the CHF bond market.
The SBI was introduced on 1 January 2007, with a baseline value of 100 points as of this date.[1] It peaked above 146 in the Summer of 2019, before breaking its previous drawdown record, having lost more than 16% in June 2022 during the 2021–2022 inflation surge.
In 2020, four SBI sub-indices, along with other SIX indices, were endorsed under the EU Benchmarks Regulation and are registered in ESMA, which means that they can be used as an underlying for financial products sold in the EU.[2]
- ^ a b c d "Swiss Bond Index (SBI®) Family – Factsheet" (PDF). SIX Swiss Exchange. Retrieved 30 June 2019.
- ^ "Swiss Indices Endorsed Under the EU Benchmarks Regulation". SIX Swiss Exchange. Retrieved 12 April 2020.