Popular vote · 08.03.2026Federal ballot
Federal decree on Swiss currency and cash supply (counter-proposal to Cash Initiative)
Votes202673.4% YesNo 26.6%
Votes
Accepted
Yes
73.4% 2'169'303
No
26.6% 785'762
Cantonal majority
23 / 23
Turnout
57.4%
Ballot-weighted result across 2'117 municipalities
Result by municipality
yes share per municipalityNoYesNo result
Strongest no
BFSResult by municipality
Top 10| # | Municipality | Yes share | Canton |
|---|---|---|---|
| 1 | Mollens | 96.8% | VD |
| 2 | Suscévaz | 95.9% | VD |
| 3 | Moosseedorf | 90.1% | BE |
| 4 | Laupersdorf | 89.9% | SO |
| 5 | Essertines-sur-Rolle | 88.9% | VD |
| 6 | Lussy-sur-Morges | 88.1% | VD |
| 7 | Treytorrens | 87.9% | VD |
| 8 | Rivaz | 87.7% | VD |
| 9 | Dizy | 87.2% | VD |
| 10 | Mauraz | 87.1% | VD |
Result by district
yes share per district — the district figures BFS publishes; cantons without districts stay neutralNoYesNo result
Result by district
District results as published by the FSO — top 10 yes / top 10 no| # | District | Yes share | Canton |
|---|---|---|---|
| 1 | District de Lavaux-Oron | 80.2% | VD |
| 2 | District de Lausanne | 79.7% | VD |
| 3 | Bezirk Zürich | 79.3% | ZH |
| 4 | District de Morges | 78.6% | VD |
| 5 | District de la Riviera-Pays-d'Enhaut | 78.2% | VD |
| 6 | District de Nyon | 78.2% | VD |
| 7 | Bezirk Meilen | 78.2% | ZH |
| 8 | Bezirk Horgen | 77.2% | ZH |
| 9 | Bezirk Winterthur | 77.2% | ZH |
| 10 | Bezirk Solothurn | 77.0% | SO |
How the cantons voted
yes share per municipalityThis Vorlage needed a majority of the people AND a majority of the cantons. Six cantons count as a half (BV Art. 142).
23 of 23 cantons — Accepted
NoYesNo result
| # | Canton | Yes share | Turnout | Municipalities |
|---|---|---|---|---|
| 1 | Vaud | 77.5% | 64.0% | 300 |
| 2 | Zurich | 77.0% | 61.2% | 160 |
| 3 | Basel-City | 76.1% | 62.7% | 3 |
| 4 | Zug | 74.4% | 60.5% | 11 |
| 5 | Bern | 74.0% | 54.6% | 329 |
| 6 | Appenzell Innerrhoden | 73.9% | 53.7% | 5 |
| 7 | Aargau | 73.9% | 55.6% | 196 |
| 8 | Obwalden | 73.8% | 62.3% | 7 |
| 9 | Nidwalden | 73.5% | 61.7% | 11 |
| 10 | Geneva | 73.5% | 57.5% | 45 |
| 11 | St. Gallen | 73.4% | 56.0% | 75 |
| 12 | Lucerne | 73.2% | 58.4% | 79 |
| 13 | Basel-Landschaft | 72.8% | 54.8% | 86 |
| 14 | Solothurn | 72.5% | 54.7% | 104 |
| 15 | Glarus | 71.5% | 51.3% | 3 |
| 16 | Thurgau | 71.4% | 57.1% | 80 |
| 17 | Grisons | 71.3% | 54.6% | 100 |
| 18 | Appenzell Ausserrhoden | 71.2% | 58.5% | 20 |
| 19 | Uri | 71.0% | 50.0% | 19 |
| 20 | Schaffhausen | 71.0% | 74.0% | 26 |
| 21 | Schwyz | 69.8% | 60.2% | 30 |
| 22 | Ticino | 69.1% | 60.0% | 100 |
| 23 | Fribourg | 67.4% | 57.7% | 119 |
| 24 | Neuchâtel | 67.4% | 51.0% | 24 |
| 25 | Valais | 66.2% | 54.9% | 122 |
| 26 | Jura | 62.7% | 47.9% | 51 |
The Federal Council publishes its official explanations in German, French and Italian only; there is no English edition, and we do not translate them.
Source: Federal Council explanations (Federal Chancellery), chapter «Direkter Gegenentwurf» · Federal Council explanations (PDF, German)
Text put to the vote
BBl 2025 2885Text put to the vote on Fedlex (BBl 2025 2885, German)
Source: Fedlex, BBl 2025 2885 — official text
- What was the result of the vote “Federal decree on Swiss currency and cash supply (counter-proposal to Cash Initiative)”?
- On 08.03.2026, “Federal decree on Swiss currency and cash supply (counter-proposal to Cash Initiative)” was accepted with 2'169'303 yes and 785'762 no. Turnout was 57.4%.
- How did the cantons vote on “Federal decree on Swiss currency and cash supply (counter-proposal to Cash Initiative)”?
- The strongest yes came from Vaud (77.5%), the strongest no from Jura (62.7%).
- Was “Federal decree on Swiss currency and cash supply (counter-proposal to Cash Initiative)” accepted?
- “Federal decree on Swiss currency and cash supply (counter-proposal to Cash Initiative)” was accepted nationwide on 08.03.2026.