18.08.2021 - Valiant places new covered bonds

Valiant places new covered bonds

Today, 18 August 2021, Valiant Bank issued new covered bonds in the amount of CHF 115 million as part of a private placement.
18/08/2021, 
Medienmitteilung

Valiant successfully placed a mortgage-backed bond for the eleventh time altogether and for the fourth time this year. The bond has a duration of one year and a coupon of 0%.

The eleventh series was placed privately with institutional investors. Client deposits and Pfandbrief note loans form the third pillar of Valiant’s loan-funding operations. In this way, Valiant is able to additionally reduce its funding costs.

Valiant is planning to continue issuing covered bonds on a regular basis.

Contact for the media
We are at the disposal of media representatives for all enquiries:
031 320 96 01
medien@valiant.ch