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The latest issue of the "Bonds Quarterly Statistics" report looks at the performance of SIX Swiss Exchange's Bonds segment in Q2 2013. |
Today, SIX Swiss Exchange published the latest Bonds Quarterly Statistics[PDF]. In the first two quarters of 2013 - i.e. during the first 122 trading days - turnover in the CHF bonds segment totalled CHF 85.5 bn, representing a 12.8% decline from the previous-year period (CHF 98 bn). The number of transactions likewise declined (-7.0%). International bonds presented a similar picture, with turnover generated in the first two quarters of 2013 totalling EUR 778, 13.0% below the Q2 2012 level.
Strong June performance
A comparison over the past six months shows that CHF bonds finished Q2 2013 with a strong June performance (CHF 14.8 bn). By contrast, against the backdrop of rising interest rates, turnover on the secondary market was low during the months of April (CHF 10.9 bn) and May (CHF 13.2 bn). Activity in the primary market was likewise very low in the first half of 2013, with volumes only reaching roughly half the level of the prior-year period.
Focus on government bonds
Within CHF bonds, the top turnover sector was government at CHF 12.3 bn in Q2 2013, with the 24.4% decline in turnover versus the first quarter of 2013 being more pronounced than in financials (CHF 5.8 bn -12.2%).
Broad information offering
The report "Bonds Quarterly Statistics" is published quarterly and contains turnover figures as well as information about Swiss and international bonds traded. Previous editions are available in our archives. Furthermore, our website provides up-to-date information on new admissions and market indicators, interest structure rates as well as volume and turnover.
