RFRs hit Main Street as Swiss banks launch Saron mortgages

Raiffeissen-offers-Saron-mortgage — Risk.net montage

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Swiss retail is getting its first taste of alternative risk-free rates (RFRs) as banks begin offering mortgages tied to Saron – Libor’s successor for Swiss franc markets. Raiffeisen Group, the country’s largest retail mortgage lender, began offering its first home loans tied to the RFR on April 16, while small regional lender Glarner Kantonalbank introduced Saron ‘rollover’ mortgages in February.

It marks a significant step in scrubbing Libor exposure from lenders’ balance sheets by the end of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]