- Home
- Institutions and intermediaries
- Debt origination & market making
Debt origination & market making
Private and public debt capital market: primary & secondary market
Primary & Secondary Market
Our experts have extensive experience in fixed income valuation, origination and market making along the fixed income value chain.
Our fixed income origination team offers comprehensive support in raising capital, refinancing or diversifying your funding sources.
Through our trading desk, we offer professional services for all fixed and floating rate instruments as well as interest rate derivative transactions, including convertible bonds and SWAPs and new issues (primary market).
The integration of these diverse elements underlines Vontobel's position as a reliable partner for bond investments with a focus on the Swiss franc.
Private and Public Debt Capital Market
We offer a wide range of investment and financing options via private placements and public bonds.
Public bonds
- Public bonds are widely issued on the capital market.
- They are accessible to a large number of investors, including retail investors, are listed on the SIX and are subject to the prospectus requirement.
Private placements
- In addition to public bonds, a large part of the money and capital market is placed privately. This means that these transactions or investment opportunities are not directly accessible.
- Private placements can be used to respond quickly and flexibly to capital requirements.
- The transactions are concluded both as a cash alternative on the money market (2 weeks to 12 months) and on the capital market (> 1 year).
- Treasurers can act as lenders or borrowers and thus react to the seasonal nature of operational liquidity requirements.
- Investors gain access to interesting investments and can thus cover their individual needs.
cosmofunding provides access to primary issues in the public and private financing market
cosmofunding automates the processes for private placements and public bonds on a pioneering platform. It provides access to new issues from the public bond market and the rapidly growing market for private placements.
More than CHF 34 billion has been issued via cosmofunding since 2018 till end of 2023 - CHF 10.9 billion of which was in 2023 alone. The trend is set to continue: the traded transaction volume is currently around CHF 1 billion per month.
Private placements and public bonds give investors direct access to the primary bond market, e.g. to the public sector, government-related companies, companies or financial institutions.
- Access to a growing public and corporate debt market.
- Bankable-Assets (ISIN) with daily valuation prices and secondary market (on demand).
- Club deal/pooling of investors: Larger tickets can be shared with several investors.
- Every investment based on the same, standardized legal framework.
- Independent issuer rating from rating agency fedafin.
- Vontobel (FINMA regulated) as a professional and experienced platform operator.
Issuers have the opportunity to reach a large number of financing partners via private placements and public bonds and to connect with professional and institutional investors.
- Expansion of the "funding sources“.
- Access to institutional investors.
- Full conditions transparency.
- Low administrative effort due to automation.
- Vontobel as a contractual partner.