Short-term money is traded on the money market  Short-term money is traded on the money market. This includes all transactions with a maximum term of 12 months. Demand on the money market comes from banks, companies and investors. They borrow money from the Swiss National Bank or other commercial banks or companies.. This includes all transactions with a maximum term of 12 months. Demand on the money market comes from banks, companies and investors. They borrow money from the Swiss National Bank  The Swiss National Bank is the central bank of Switzerland. It is responsible for the nation’s monetary policy. commercial banks or companies. The interest rates  Interest, also known as coupon in relation to bonds, is not dependent on earnings before tax and is normally paid out once a year. on the money market are controlled by the Swiss National Bank in Switzerland.

Medium- to long-term money is traded on the capital market  Medium to long-term money is traded on the capital market. Companies raise most of their money for forthcoming investments on the capital market. They obtain long-term money by taking out long-term loans and borrower’s note loans from the banks and by issuing shares and bonds, etc. The federal government also uses the capital market for the long-term financing of its tasks.. Companies raise most of their capital for forthcoming investment here by issuing shares and bonds. The federal government also uses the capital market for the long-term financing of its tasks.