3.25 yr: Comments: CHF250m (upsized from 100m) 3.25yr May 2026. CS bks, BernKB co-man. DCS Low AA/Fedafin A+. IPTs MS+50/+60, came MS+50, Eidg+74.2. Distribution: Switz 100%. Am 72.23%, PF 13.82%, Ins 7.23%, PB 6.72%. PP: Yes. XD: Yes;