ANNEX III
Volatility adjustment to the relevant risk-free interest rate term structure
Currency | National insurance market | Volatility adjustment (in bps) |
Euro | Austria | 21 |
Euro | Belgium | 21 |
Euro | Croatia | 21 |
Euro | Cyprus | 21 |
Euro | Estonia | 21 |
Euro | Finland | 21 |
Euro | France | 21 |
Euro | Germany | 21 |
Euro | Greece | 21 |
Euro | Ireland | 21 |
Euro | Italy | 21 |
Euro | Latvia | 21 |
Euro | Lithuania | 21 |
Euro | Luxembourg | 21 |
Euro | Malta | 21 |
Euro | Netherlands | 21 |
Euro | Portugal | 21 |
Euro | Slovakia | 21 |
Euro | Slovenia | 21 |
Euro | Spain | 21 |
Czech koruna | Czechia | 13 |
Danish krone | Denmark | 28 |
Forint | Hungary | 11 |
Krona | Sweden | 0 |
Lev | Bulgaria | 11 |
Pound sterling | United Kingdom | 19 |
Romanian leu | Romania | 10 |
Zloty | Poland | 9 |
Króna | Iceland | 55 |
Norwegian krone | Norway | 25 |
Swiss franc | Liechtenstein | -3 |
Swiss franc | Switzerland | -3 |
Australian dollar | Australia | 6 |
Canadian dollar | Canada | 29 |
Renminbi-yuan | China | 1 |
Hong Kong dollar | Hong Kong | 4 |
US dollar | United States | 53 |
Yen | Japan | -2 |