SARON compound rate is the compounded average of the daily SARON (overnight interest rate of the secured money market for Swiss francs (CHF), based on transactions and quotes posted in the Swiss repo market). It replaced CHF LIBOR, which ceased to be published at the end of 2021.
SARON is administered and published by SIX Swiss Exchange on each Zurich business day for the first time at 08.30am Zurich time and for the last time at the end of the trading day (fixing is conducted three times a day at 12 pm, 4 pm and 6 pm Zurich time), two business days prior to the commencement of the relevant interest period.
 
SARON Data is available at the following address:
SIX Indices - Swiss Reference Rates (SARON) (six-group.com)
 
A Credit Spread Adjustment (CAS) has been incorporated to adjust (increase) the SARON rate interest, to compensate for the calculation methodology differences between the LIBOR and SARON (a risk-free rate).
In case Term SARON is less than zero, then Term SARON shall be deemed to be zero for the particular interest period.
In case Term SARON plus CAS is less than zero, then Term SARON plus CAS shall be deemed to be zero for the particular interest period.