COSI® are structured products with a minimal issuer risk. This protection is provided by means of a collateral pledge. Investors thus profit from increased protection on the invested capital.
Certificates are bearer debt instruments (claims). The investor who purchases a certificate assumes a default risk that varies according to the creditworthiness of the issuer. The insolvency of the issuer could therefore result in a total loss for the investor. In order to minimize this risk, SIX Swiss Exchange is offering a service for the collateralization of certificates in collaboration with SIX SIS Ltd. and SIX Repo Ltd..
An overview of all currently available COSI® products can be found in the issuer matrix. Additional information for issuers is available through the website of SIX Swiss Exchange.