In this paper, a new dc switchyard structure for a multiterminal dc (MTDC) grid is proposed. Fast fault current breaking capability, which is essential for a dc grid, can be achieved with available HVDC breaker solutions (e.g., ABB's hybrid HVDC breaker). However, the hybrid HVDC breaker concept also opens up possibilities for unconventional (relative to ac) switchyard solutions which may be more cost effective. The main aim of this paper is to expound how the proposed dc switchyard can be built with hybrid HVDC breakers in a configuration where the number of components is much less compared to a conventional switchyard structure. After that, the switchyard operation, fault current handling flexibility, and actions against component failure are described conceptually. Finally, the performance of the proposed switchyard is validated and compared with that of a conventional double breaker double busbar switchyard structure for selected cases through time-domain simulations