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Switzerland SNB Policy Rate

Swiss National Bank policy rate, set at quarterly monetary-policy assessments (cube snbpolra). Replaced the LIBOR-based target band in June 2019.

The Switzerland SNB Policy Rate is currently -0.35%, last updated .

-0.35%
1W -118.75%1M -118.75%3M -75.00%
Updated 2d ago
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European markets carry the sovereign debt overhang of the post-2010 era in their pricing. Bund-BTP spreads remain the cleanest gauge of periphery stress, while HICP drives ECB policy expectations. UK macro diverges post-Brexit, with sterling volatility and Gilt-Bund spreads carrying political risk premia that sometimes detach entirely from U.S. moves.

Updated 2d ago

Recent Data

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DateValueChange
Mar 31, 2026-0.35%-118.75%
Feb 28, 2026-0.16%+20.00%
Jan 31, 2026-0.20%+33.33%
Dec 31, 2025-0.30%-50.00%
Nov 30, 2025-0.20%+0.00%
Oct 31, 2025-0.20%+16.67%
Sep 30, 2025-0.24%-20.00%
Aug 31, 2025-0.20%+0.00%
Jul 31, 2025-0.20%+0.00%
Jun 30, 2025-0.20%-766.67%
May 31, 20250.03%-50.00%
Apr 30, 20250.06%-60.00%
Mar 31, 20250.15%-25.00%
Feb 28, 20250.20%-13.04%
Jan 31, 20250.23%+43.75%
Dec 31, 20240.16%-78.08%
Nov 30, 20240.73%-14.12%
Oct 31, 20240.85%+32.81%
Sep 30, 20240.64%-40.74%
Aug 31, 20241.08%+16.13%
Jul 31, 20240.93%+1.09%
Jun 30, 20240.92%-27.56%
May 31, 20241.27%-2.31%
Apr 30, 20241.30%—

Related in EU/UK Rates

ECB Deposit Facility Rate
ECB deposit facility rate, the floor of the euro area interest rate corridor.
ECB Main Refinancing Rate
ECB main refinancing operations rate, the key policy rate.
ECB Marginal Lending Rate
ECB marginal lending facility rate, the ceiling of the corridor.
€STR (Euro Short-Term Rate)
€STR, the euro short-term rate replacing EONIA.

Explore Further

Forecast 2026
Switzerland SNB Policy Rate Outlook
Scenario-weighted forecast using scenario weighted approach.
Category
All Europe Data
Eurozone and UK macro data. Sovereign yields, HICP, unemployment, equity benchmarks, and volatility measures across the ...

Frequently Asked Questions

▶What is Switzerland SNB Policy Rate?
Swiss National Bank policy rate, set at quarterly monetary-policy assessments (cube snbpolra). Replaced the LIBOR-based target band in June 2019.
▶How does Switzerland SNB Policy Rate relate to eu/uk rates?
Switzerland SNB Policy Rate is part of the EU/UK Rates category. European markets carry the sovereign debt overhang of the post-2010 era in their pricing. Bund-BTP spreads remain the cleanest gauge of periphery stress, while HICP drives ECB policy expectations. UK macro diverges post-Brexit, with sterling volatility and Gilt-Bund spreads carrying political risk premia that sometimes detach entirely from U.S. moves.
▶How often is Switzerland SNB Policy Rate updated?
Switzerland SNB Policy Rate is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Switzerland SNB Policy Rate data?
Convex sources Switzerland SNB Policy Rate data from official government and market data providers. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Switzerland SNB Policy Rate chart page?
The Switzerland SNB Policy Rate page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated daily. This page is for informational purposes only and does not constitute financial advice.