Zürcher Kantonalbank redeems Tier 2 bond

Zürcher Kantonalbank is today announcing the redemption of its Tier 2 bond with contingent write-down and a notional amount of CHF 185 million (ISIN: CH0267596697) as of the first call date on 02 September 2020. The redemption price will be equal to the notional amount together with accrued interest up to the first call date.