Menu

5 Financial liabilities


In CHF million
  Carrying
amount
01.01.2021
 

Issuance
 

Repayment
 
Other
changes 1
  Carrying
amount
30.09.2021
 

Fair Value
                         
Financial liabilities
Bank loans   484   223   (57)   (7)   643   674
Debenture bonds   6,110   100   (544)   (19)   5,647   5,820
Private placements   151       (1)   150   156
Derivative financial instruments   90       (32)   58   58
Other financial liabilities   207   1   (30)   5   183   192
Total financial liabilities   7,042   324   (631)   (54)   6,681   6,900
1 Interest expenses, interest payments, non-cash changes in lease liabilities and foreign currency translation adjustments.

In the second quarter of 2021, Swisscom issued a debenture bond for CHF 100 million. It has a coupon of 0.25% and matures in 2033. The funds received were used to repay existing debt. Swisscom repaid a EUR 500 million (CHF 544 million) bond upon maturity in the third quarter of 2021. Swisscom has two confirmed lines of credit totalling CHF 2.2 bil­lion, which had not been used as at 30 September 2021.