ANNEX III
Volatility adjustment to the relevant risk-free interest rate term structure
Currency | National insurance market | Volatility adjustment (in bps) |
Euro | Austria | 5 |
Euro | Belgium | 5 |
Euro | Cyprus | 5 |
Euro | Estonia | 5 |
Euro | Finland | 5 |
Euro | France | 5 |
Euro | Germany | 5 |
Euro | Greece | 5 |
Euro | Ireland | 5 |
Euro | Italy | 5 |
Euro | Latvia | 5 |
Euro | Lithuania | 5 |
Euro | Luxembourg | 5 |
Euro | Malta | 5 |
Euro | Netherlands | 5 |
Euro | Portugal | 5 |
Euro | Slovakia | 5 |
Euro | Slovenia | 5 |
Euro | Spain | 5 |
Czech koruna | Czech Republic | 10 |
Danish krone | Denmark | 48 |
Forint | Hungary | 3 |
Krona | Sweden | 11 |
Kuna | Croatia | 0 |
Lev | Bulgaria | -5 |
Pound sterling | United Kingdom | 7 |
Romanian leu | Romania | -1 |
Zloty | Poland | 4 |
Króna | Iceland | -4 |
Norwegian krone | Norway | 31 |
Swiss franc | Liechtenstein | 8 |
Swiss franc | Switzerland | 8 |
Australian dollar | Australia | 9 |
Canadian dollar | Canada | 39 |
Renminbi-yuan | China | 41 |
Hong Kong dollar | Hong Kong | 2 |
US dollar | United States | 22 |
Yen | Japan | 7 |