Exchange deadline for banknotes

Exchange deadline for banknotes

The Federal Council adopted the dispatch on the partial revision of the Federal Act on Currency and Payment Instruments (CPIA). With the revision, the timeframe of 20 years for exchanging old banknotes will be eliminated from the sixth series onwards.

2017 financial statements

2017 financial statements

The federal budget ended 2017 with a surprisingly high ordinary surplus of CHF 2.8 billion. This significant improvement relative to the budget was attributable mainly to higher withholding tax receipts.

2018 budget wrapped up

2018 budget wrapped up

Parliament adjusted the 2018 budget on 14 December. Overall, there is an ordinary surplus of CHF 295 million.

Issuance calendar 2018

Issuance calendar 2018

The Federal Finance Administration (FFA) is planning to issue bonds with a face value of CHF 3.5 billion in 2018. Taking account of bonds maturing, the volume of bonds outstanding will be reduced by CHF 3.3 billion.

Key topics

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Debt brake

The rule not to spend more than you earn ensures a sustainable fiscal policy.

Debt brake

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Federal budget

Public finances at federal level – a transparent financial report provides detailed information on the Federal Treasury's receipts and expenditure

Federal finances at a glanceState financial statements


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Financial statistics

Public finances at general government level (Confederation, cantons, communes and social security funds) allow for national and international comparisons.

Reporting / Key figures

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National fiscal equalization

Various equalization mechanisms (e.g. resource equalization and cost compensation) reduce the cantonal differences and increase efficiency.

FFA vacancies

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Term 2055
213.400 mn
Return 0.699 %

07.09.2017 / 2015 State indicators

Deficit/surplus ratio (% GDP)
Tax-to-GDP ratio (% GDP)
General government expenditure ratio (% GDP)
Debt ratio (% GDP)

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