ANNEX III
Volatility adjustment to the relevant risk-free interest rate term structure
Currency | National insurance market | Volatility adjustment (in bps) |
Euro | Austria | 6 |
Euro | Belgium | 6 |
Euro | Cyprus | 6 |
Euro | Estonia | 6 |
Euro | Finland | 6 |
Euro | France | 6 |
Euro | Germany | 6 |
Euro | Greece | 6 |
Euro | Ireland | 6 |
Euro | Italy | 6 |
Euro | Latvia | 6 |
Euro | Lithuania | 6 |
Euro | Luxembourg | 6 |
Euro | Malta | 6 |
Euro | Netherlands | 6 |
Euro | Portugal | 6 |
Euro | Slovakia | 6 |
Euro | Slovenia | 6 |
Euro | Spain | 6 |
Czech koruna | Czech Republic | 20 |
Danish krone | Denmark | 48 |
Forint | Hungary | 12 |
Krona | Sweden | 9 |
Kuna | Croatia | 0 |
Lev | Bulgaria | –12 |
Pound sterling | United Kingdom | 11 |
Romanian leu | Romania | 6 |
Zloty | Poland | 22 |
Króna | Iceland | –5 |
Norwegian krone | Norway | 34 |
Swiss franc | Liechtenstein | –1 |
Swiss franc | Switzerland | –1 |
Australian dollar | Australia | 17 |
Canadian dollar | Canada | 37 |
Renminbi-yuan | China | 25 |
Hong Kong dollar | Hong Kong | 2 |
US dollar | United States | 34 |
Yen | Japan | 1 |