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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 positionsFY 2020FY 2021
Tax rate (in %)119119
Population City of Zurich434 736436 332
Tax revenues (in in million CHF)2 973,83 090,1

Net result income statement (in million CHF) – Excess espenditures/+Excess revenues

(Values before correction of annual financial statements 2020 and 2021,

due to value adjustment Stadtspital Triemli, cf. Rechnung 2021, page 19)

54,6120,1
Net investment in administrative assets (in million CHF)919,41 052,0
Total assets (in million CHF)13 865,914 579,7
Total unrestricted equity (in million CHF)1 544,11 664,2
Self-financing ratio (in %)77,178,2
Interest charge to tax income (in %)1,00,8
Net debt (in million CHF)4 2664 495

Rating

S&P Global Ratings rate the City of Zürich. In the addition, the following credit ratings from banks are assigned:

Rating

Rating Agency/BanksRatingLatest Update
S&P Global RatingsAA+, outlook stable, A-1+April 2022
Credit SuisseHigh AA, outlook stableNovember 2021
Zürcher KantonalbankAA, outlook negativeJune 2022

Bonds issued and listed by the City of Zurich on the SIX Swiss Exchange

Debt summary as of 31.12.2021

Bonds

Total financial liabilities (in million CHF)5 121
   of which short term730
   of which long term4 391
Average coupons on outstanding bonds1,56 %
Average remaining life of financial liabilities10,0 years
Proportion of fixed interest rates on financial liabilities96 %

Debt maturity profile

Outstanding bonds issued and listed by the City of Zurich on the SIX Swiss Exchange

CouponNominal (in Mio. CHF)IssuanceMaturitySecurity numberRemarks
1,13 %150201406.03.202323 651 678 
1,00 %250201205.12.202318 616 261 
2,38 %250201121.02.202412 342 327 
1,63 %250201326.09.202422 199 981Increased
2,75 %500200914.02.20252 049 864Increased
1,00 %150201430.03.202725 361 258 
0,13 %250202020.04.202848 526 152 
1,75 %100201406.03.202923 651 683 
0,00 %150202125.11.2030111 201 156 
0,75 %150202225.04.2031117 779 184 
1,50 %250201212.04.203218 137 704 
2,13 %150201326.09.203322 200 041 
2,55 %450201010.03.20362 448 418Increased
0,55 %100201708.05.203736 274 829 
2,63 %190201110.06.203812 976 621 
0,25 %150201926.05.203950 878 575 
0,70 %100201724.11.203937 347 610 
1,13 %100201526.06.204028 495 050 
0,95 %100201819.12.204245 114 141 
2,00 %100201318.12.204322 853 146 
0,40 %200201621.11.204634 144 031 
0,25 %150202124.11.2051114 170 043 
1,50 %220202224.06.2052119 106 623 
0,00 %150202026.10.206056 192 387 

Calender

2022 
Juni 2022Municipal Council meeting, approval of financial results 2021
September 2022Media presentation budget 2023 / Financial planning 2023–26
December 2022Municipal Council meeting, approval of budget 2023

Calender

2023 
Spring 2023Media presentation financial results 2022
Autumn 2023Media presentation budget 2024 / Financial planning 2024–27

Contacts Investor Relations

Thomas Kuoni

Director Finance Administration

Phone +41 44 412 32 34

Kontaktformular

Ronnie Müller

Head Treasury

Phone +41 44 412 32 68

Kontaktformular

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