The bond issued by LGT Bank Ltd. met with strong demand from both institutional and private investors. "LGT is characterized by a high level of stability. It is very well capitalized and has high liquidity. These key success factors as well as LGT’s excellent ratings and the stable performance of its outstanding bonds have enabled us to once again refinance in the capital market at highly attractive conditions," says Josef Rüttimann, Head of Fixed Income at LGT.
The newly issued ten-year bond has a yield to maturity of 0.56 percent. The bond will be listed on the SIX Swiss Exchange and traded on the secondary market as of 24 November 2015.
More information: LGT bonds in SIX Swiss Exchange