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<ExternalMessage xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xsd="http://www.w3.org/2001/XMLSchema" schemaVersion="1.2" xmlns="http://www.snb.ch/MMX/envelope">
  <Header>
    <ExtMessageID>202600068100120</ExtMessageID>
    <ContentType>BillsMMDRCAnnouncement</ContentType>
    <PublicationType>SNB_BILLS_ANNOUNCEMENT</PublicationType>
    <PublicationTitle lang="de">Ankündigung und Konditionen einer neuen SNB-Bills-Emission</PublicationTitle>
    <PublicationTitle lang="en">Announcement and conditions for issuance of new SNB Bills</PublicationTitle>
    <PublicationTitle lang="fr">Annonce et conditions – émission de Bons de la BNS</PublicationTitle>
    <PublicationTitle lang="it">Annuncio e condizioni di una nuova emissione di SNB Bills</PublicationTitle>
    <PublicationDateTime>2026-08-27T10:30:00+02:00</PublicationDateTime>
  </Header>
  <Body>
    <Content>
      <Document schemaVersion="1.2" xmlns="http://www.snb.ch/MMX/BillsMMDRCAnnouncement">
        <Publication>
          <PublicationID>ANN-202600068-1</PublicationID>
          <Title lang="de">Ankündigung und Konditionen einer neuen SNB-Bills-Emission</Title>
          <Title lang="en">Announcement and conditions for issuance of new SNB Bills</Title>
          <Title lang="fr">Annonce et conditions – émission de Bons de la BNS</Title>
          <Title lang="it">Annuncio e condizioni di una nuova emissione di SNB Bills</Title>
          <SequenceNr>1</SequenceNr>
          <Status>NEW</Status>
        </Publication>
        <BillsMMDRCAnnouncement>
          <Operation>SNB_BILLS_AUCTION</Operation>
          <Currency>CHF</Currency>
          <ISIN>CH1478193043</ISIN>
          <PaymentDate>2026-08-31</PaymentDate>
          <RedemptionDate>2027-02-15</RedemptionDate>
          <Term unit="d">168</Term>
          <InterestRate>DISCOUNT_BASIS</InterestRate>
          <AuctionType>VARIABLE_RATE_TENDER</AuctionType>
          <AllotmentMethod>AMERICAN</AllotmentMethod>
          <AuctionStart>2026-08-27T11:00:00+02:00</AuctionStart>
          <AuctionClose>2026-08-27T11:30:00+02:00</AuctionClose>
          <MaxDecimalsPrice>3</MaxDecimalsPrice>
          <Denomination>1000000</Denomination>
          <MinSize>1000000</MinSize>
          <AuctionChannel>SIX_REPO_LTD</AuctionChannel>
          <FurtherInformation lang="de">https://www.snb.ch/de/the-snb/mandates-goals/monetary-policy/implementation#bills</FurtherInformation>
          <FurtherInformation lang="en">https://www.snb.ch/en/the-snb/mandates-goals/monetary-policy/implementation#bills</FurtherInformation>
          <FurtherInformation lang="fr">https://www.snb.ch/fr/the-snb/mandates-goals/monetary-policy/implementation#bills</FurtherInformation>
          <FurtherInformation lang="it">https://www.snb.ch/it/the-snb/mandates-goals/monetary-policy/implementation#bills</FurtherInformation>
          <Disclaimer lang="de">Es gelten die Bestimmungen der Emissionsbedingungen vom 13. Juli 2026. Emissionspreise werden aufgrund der eingegangenen Zeichnungen festgelegt. Die Preise für Offerten sind in Prozent des Nominalbetrages (auf der Basis von 100%) anzugeben. Offerten ohne Preisangabe sind nicht zulässig. Teilnehmer, welche die Bedingungen nicht einhalten, werden von der Auktion ausgeschlossen.

Emissionsbedingungen inkl. Verkaufsbeschränkungen finden Sie unter https://www.snb.ch/de/the-snb/mandates-goals/monetary-policy/implementation#bills</Disclaimer>
          <Disclaimer lang="en">The provisions of the Issue Conditions dated 13 July 2026 apply. Issue prices are determined on the basis of the subscriptions received. Offer prices must be submitted as a percentage of the nominal amount (basis: 100%). Offers without a price will not be admitted. Participants that do not comply with these conditions will be excluded from the auction.

Issue conditions including selling restrictions can be accessed at https://www.snb.ch/en/the-snb/mandates-goals/monetary-policy/implementation#bills</Disclaimer>
          <Disclaimer lang="fr">Sont applicables les dispositions figurant dans les Conditions d’émission publiées le 13 juillet 2026. Les prix d’émission sont établis sur la base des offres reçues. Les prix des offres doivent être exprimés en pourcentage du montant nominal (base 100%). Il n’est pas permis de soumettre des offres sans indication de prix. Les soumissionnaires qui ne satisfont pas aux présentes exigences sont exclus des appels d’offres.

Les conditions d’émission, y compris les restrictions de vente, peuvent être consultées à la page www.snb.ch/fr/the-snb/mandates-goals/monetary-policy/implementation#bills</Disclaimer>
          <Disclaimer lang="it">Si applicano le disposizioni di cui alle condizioni di emissione del 13 luglio 2026. I prezzi di emissione sono determinati in base alle sottoscrizioni ricevute. I prezzi per le offerte devono essere indicati come percentuale dell'importo nominale (base 100%). Non sono ammesse offerte senza indicazione di prezzo. I partecipanti che non si attengono alle suddette condizioni sono esclusi dalla procedura d'asta.

Le condizioni di emissione, incluse le restrizioni alla vendita, sono consultabili all'indirizzo https://www.snb.ch/it/the-snb/mandates-goals/monetary-policy/implementation#bills</Disclaimer>
        </BillsMMDRCAnnouncement>
      </Document>
    </Content>
  </Body>
</ExternalMessage>