INDEPENDENT & RECOGNIZED
We are 100% independent, which is an essential requirement for the recognition of relevant institutions:
- FINMA-recognition including compliance with IOSCO-standards for credit rating agencies
- Rating provider for the Composite Rating of the Swiss Bond Indices SBI® of the SIX Swiss Exchange
- Eligibility for repo transactions according to instruction sheet 5 of the Swiss National Bank SNB
CREDIBLE & ANCHORED
We are broadly anchored in the Swiss credit and capital market. Our clients include around 100 institutional investors and capital seekers, including:
- Leading, medium-sized, and small pension funds
- Insurance groups and health insurance companies
- Large, cantonal, regional, and private banks
- Swiss Stock Exchange SIX
- Bond-listed corporations
ISSUERS & ISSUES
Our rating universe, including continuous monitoring, comprises:
- 99% of Swiss municipalities
- all Swiss cantons
- about 350 companies
This includes both the issuers and their bonds.
The entire universe and various publicly available ratings can be found in e-Ratinge-Rating.
We are happy to cover additional issuers or issues on request and where possible. Please do not hesitate to contact us!
ESG: Environment, Social, Corporate Governance
From the 2020 reporting season onwards, fedafin will disclose ESG influence on credit ratings of listed companies. You can find out more about this here.
Our broad coverage of bond ratings also includes green, social and sustainability bonds. You can find out which ones here.
Extension of recognition by FINMA
With its decision of March 4, 2022, FINMA also declares fedafin's corporate ratings to be usable for all regulatory purposes (excluding real estate, investment, insurance and banking companies, and similar financial services providers). In addition to the ratings of municipalities and cantons, we now also have the same recognition for corporate ratings as the international rating agencies.
So far, our corporate ratings were recognized for tied assets of insurance companies. Now, these ratings can also be used for the Swiss Solvency Test (SST). In addition, Swiss banks can use them to calculate own funds requirements and risk diversification. "With fedafin's equal regulatory treatment, the Swiss financial industry will be considerably strengthened. There is significant added value for both Swiss investors and issuers," says Dr. Tobias Guldimann, Chairman of fedafin's BoD.
The FINMA recognition is a result of our efforts to continuously professionalize our rating models and processes. As an independent Swiss credit rating agency, we comply with extensive national and international requirements. These include, in particular, organizational requirements relating to credibility and independence.
Please do not hesitate to contact us should you have any questions.
Widnau, March 9, 2022
Contact:
Dr. Adrian Oberlin, Managing Director fedafin AG
Tel. +41 71 552 32 01
adrian.oberlin@ fedafin.ch
Issuer Rating
For the investment needs of institutional investors, we provide a comprehensive and continuously covered universe of cantonal, municipal, and corporate ratings. Our ratings allow banks, insurance companies, and pension funds to actively select and diversify with an above-average risk/return profile in the credit market.
Issue Ratings
For management of CHF bond portfolios, we offer a continuously covered rating universe with corporate and bond ratings of companies listed on the SIX Swiss Exchange. Our ratings allow banks, insurance companies, and pension funds to actively select and diversify CHF bonds based on an independent risk assessment.
Project Ratings
The realization and financing of projects is a key driver of our economy and an expression of the continuous change in customer needs and market structures. As a rating agency, we support project financing in the direct sphere of influence of the public sector and primarily on behalf of investors by assigning a project rating.