By Emese Bartha

Switzerland plans to issue bonds with a face value of 8 billion Swiss francs ($8.39 billion) in 2023, the Federal Finance Administration said Wednesday.

Taking account of bonds maturing next year, the volume of bonds outstanding will increase by CHF3.4 billion, the FFA said. The volume of outstanding money market debt register claims will be kept in a range between CFH12 billion and CHF18 billion, the FFA said.

The FFA will conduct bond auctions monthly, except in August, it said. The bond auctions in October and December are optional ones, allowing the FFA to decide on a relatively short notice whether it will conduct auctions on those dates.

Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

November 30, 2022 03:29 ET (08:29 GMT)