The latest issue of the "Bonds Quarterly Statistics" report looks at the performance of SIX Swiss Exchange's Bonds segment in Q1 2015. |
SIX Swiss Exchange today published the latest edition of its Bonds Quarterly Statistics[PDF]. In the first quarter of 2015, turnover in the CHF bonds segment amounted to CHF 67.3 billion, an increase of 59% on the previous quarter. Year-on-year, turnover rose by as much as 64%.
A year-on-year comparison of the individual months shows that in terms of turnover, the extremely strong months of January (CHF 30.2 billion, +111%) and February (CHF 21.4 billion, + 82%) were followed by average turnover in CHF bonds in March (CHF 15.7 billion, +4%). The non-CHF bonds segment continued to perform well, with a 72% increase in turnover compared with the fourth quarter of 2014.
National Bank decision causes exceptionally high turnover
As a result of the National Bank's decision of 15 January almost all industrial sectors reported a rise in turnover in CHF bonds. The strongest sector in CHF bonds, financials, continued to grow, rising by CHF 12.4 billion to CHF 28.2 billion compared with the previous quarter (+78%). The second-strongest sector, governments, also increased further. declined by 19 to 863.
Turnover in this sector was up by 47% to CHF 21.1 billion. Turnover in CHF bonds of foreign issuers at EUR 34 billion was slightly higher than turnover in CHF bonds of Swiss issuers (CHF 33.3 billion). By contrast, the number of CHF bonds of Swiss issuers rose by 42 to 854 while the number of CHF bonds of foreign issuers declined by 19 to 863.
Broad information offering
The "Bonds Quarterly Statistics" report is published quarterly and contains turnover figures as well as information about Swiss and international bonds traded. Previous editions are available in our archive. Up-to-date information on new admissions, market indicators, yield curves, volume and turnover can be found on the SIX Swiss Exchange website.