Swiss National Bank Bills in US dollars: 25 bp over U.S. T-Bills

The Swiss National Bank (SNB) conducted the first issue of its own debt certificates in US dollars
(SNB USD Bills). The results for the terms offered are as follows:

28 days: 42.1 bp
84 days: 54.9 bp
168 days: 66.6 bp

Approx U.S. t-bills +25 bp

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