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Green bond

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MuniFin issues inaugural green CHF benchmark to celebrate the 10th anniversary of green issuance 

Pictured is MuniFin's Funding Manager Lari Toppinen.

On 25 June 2026, MuniFin issued its first ever green bond in Swiss francs. The new CHF 120 million 10-year transaction marks our second CHF transaction of the calendar year. 

MuniFin is the only Nordic SSA issuer to have accessed the CHF market twice in 2026 to date and have the most CHF bonds outstanding among all Nordic SSA issuers. 

“This year marks the tenth anniversary of our green issuance and it was a fitting moment to offer a new sustainable investment opportunity to our CHF investor base. We are excited to reach another milestone for our green bonds with a successful debut in the Swiss franc market, a market that has long supported the diversification of our conventional funding”, says Lari Toppinen, Manager, Funding at MuniFin. 

The green CHF benchmark received strong investor interest from the start. It carries a coupon of 0.7700% and was priced at SARON mid-swaps +26 bps.  

Earlier this year, we have been active with issuances in EUR, USD, AUD, NOK and SEK. 

“This milestone highlights MuniFin’s longstanding commitment to sustainable finance and its continued leadership in the market. It is a pleasure to witness the growing recognition and strong reputation that MuniFin enjoys among investors globally. For Deutsche Bank, it has been a privilege to support this journey and to contribute to the expansion of MuniFin’s green bond franchise across multiple markets”, says Rosario Clemente, Head of Debt Capital Markets Switzerland at Deutsche Bank. 

Transaction Details 

Final Terms, 25 June 2026 

Issuer  Municipality Finance Plc (“MuniFin”) 
Issuer Rating Moody’s Aa1 (stable) / S&P AA+ (negative) 
Issue Amount CHF 120 million 
Pricing Date 25 June 2026 
Settlement Date   14 July 2026 
Maturity Date 14 July 2036 
Re-offer Price / Yield 100% / 0.7700% 
Coupon 0.7700% (paid annually) 
Re-offer Spread SARON mid-swaps +26bps 
ISIN / Valor CH1581452484 / 158.145.248 
Lead Manager Deutsche Bank AG, acting through DB AG, Zurich Branch