Generally, one repo auction is held every bank working day between 9.00 and 9.10. On days when a monetary policy decision is announced, the auction takes place later, between 10.30 and 10.40.

The terms are based on the standard contract types for the CH repo market. In the case of public holidays, payment still occurs two bank working days after the auction date; redemption is scheduled so that each redemption coincides with a new payment.

The auction schedule is published on this page four weeks before the end of each quarter. Deviations or the cancellation of an auction are possible at any time. The SNB generally announces the auction conditions via the electronic market information services 30 minutes before the auction starts.

Further information and conditions can be found in the Instruction sheet on open market operations.