Investor Relations (in english)
The City of Zurich is a frequent issuer of bonds on the Swiss debt capital market. Bonds are listed at the SIX Swiss Exchange.
Key Financials
| Financial positions | FY 2019 | FY 2020 |
|---|---|---|
| Tax rate (in %) | 119 | 119 |
| Population City of Zurich | 434 008 | 434 736 |
| Tax revenues (in in million CHF) | 3000,5 | 2973,8 |
| Net result income statement (in million CHF) – Excess espenditures/+Excess revenues | 83,2 | 54,6 |
| Net investment in administrative assets (in million CHF) | 1105,5 | 919,4 |
| Total assets (in million CHF) | 13 354,9 | 13 865,9 |
| Total equity (in million CHF) | 1489,5 | 1544,1 |
| Self-financing ratio (in %) | 100,3 | 77,1 |
| Interest charge to tax income (in %) | 1,1 | 1,1 |
| Net debt (in million CHF) | 4055 | 4266 |
Publikationen und Grundlagen (Financial reports and governance documents)
Rating
S&P Global Ratings rate the City of Zürich. In the addition, the following credit ratings from banks are assigned:
Rating
| Rating Agency/Banks | Rating | Latest Update |
|---|---|---|
| S&P Global Ratings short-term | A-1+ | April 2021 |
| S&P Global Ratings long-term | AA+, outlook stable | April 2021 |
| Credit Suisse | High AA, outlook stable | October 2020 |
| Zürcher Kantonalbank | AA, outlook negative | April 2020 |
Bonds issued and listed by the City of Zurich on the SIX Swiss Exchange
Debt summary as of 31.12.2020
Bonds
| Total financial liabilities (in million CHF) | 5177 |
| of which short term | 690 |
| of which long term | 4487 |
| Average coupons on outstanding bonds | 1,68 % |
| Average remaining life of financial liabilities | 9,6 years |
| Proportion of fixed interest rates on financial liabilities | 97 % |
Dept maturity profile
Outstanding bonds issued and listed by the City of Zurich on the SIX Swiss Exchange
| Coupon | Nominal (in Mio. CHF) | Issuance | Maturity | Security number | Remarks |
|---|---|---|---|---|---|
| 2,88 % | 400 | 2009 | 21.04.2021 | 3'913'940 | Increased |
| 1,00 % | 150 | 2014 | 25.04.2022 | 24'033'001 | |
| 3,00 % | 250 | 2007 | 08.06.2022 | 3'108'408 | |
| 1,13 % | 150 | 2014 | 06.03.2023 | 23'651'678 | |
| 1,00 % | 250 | 2012 | 05.12.2023 | 18'616'261 | |
| 2,38 % | 250 | 2011 | 21.02.2024 | 12'342'327 | |
| 1,63 % | 250 | 2013 | 26.09.2024 | 22'199'981 | Increased |
| 2,75 % | 500 | 2009 | 14.02.2025 | 2'049'864 | Increased |
| 1,00 % | 150 | 2014 | 30.03.2027 | 25'361'258 | |
| 0,13 % | 250 | 2020 | 20.04.2028 | 48'526'152 | |
| 1,75 % | 100 | 2014 | 06.03.2029 | 23'651'683 | |
| 1,50 % | 250 | 2012 | 12.04.2032 | 18'137'704 | |
| 2,13 % | 150 | 2013 | 26.09.2033 | 22'200'041 | |
| 2,55 % | 450 | 2010 | 10.03.2036 | 2'448'418 | Increased |
| 0,55 % | 100 | 2017 | 08.05.2037 | 36'274'829 | |
| 2,63 % | 190 | 2011 | 10.06.2038 | 12'976'621 | |
| 0,25 % | 150 | 2019 | 26.05.2039 | 50'878'575 | |
| 0,70 % | 100 | 2017 | 24.11.2039 | 37'347'610 | |
| 1,13 % | 100 | 2015 | 26.06.2040 | 28'495'050 | |
| 0,95 % | 100 | 2018 | 19.12.2042 | 45'114'141 | |
| 2,00 % | 100 | 2013 | 18.12.2043 | 22'853'146 | |
| 0,40 % | 200 | 2016 | 21.11.2046 | 34'144'031 | |
| 0,00 % | 150 | 2020 | 26.10.2060 | 56'192'387 |
Calender
| 2021 | |
|---|---|
| March 2021 | Media presentation financial results 2020 |
| June 2021 | Municipal Council meeting, approval of financial results |
| September | Media presentation budget 2022 / Financial planning 2022–25 |
| December | Municipal Council meeting, approval of budget 2022 |
Calender
| 2022 | |
|---|---|
| March 2022 | Media presentation financial results 2021 |
Contacts Investor Relations
Thomas Kuoni
Director Finance Administration
Phone +41 44 412 32 34
Ronnie Müller
Funding
Phone +41 44 412 32 68