ANNEX III
Volatility adjustment to the relevant risk-free interest rate term structure
Currency | National insurance market | Volatility adjustment (in bps) |
Euro | Austria | 20 |
Euro | Belgium | 20 |
Euro | Croatia | 20 |
Euro | Cyprus | 20 |
Euro | Estonia | 20 |
Euro | Finland | 20 |
Euro | France | 20 |
Euro | Germany | 20 |
Euro | Greece | 20 |
Euro | Ireland | 20 |
Euro | Italy | 20 |
Euro | Latvia | 20 |
Euro | Lithuania | 20 |
Euro | Luxembourg | 20 |
Euro | Malta | 20 |
Euro | Netherlands | 20 |
Euro | Portugal | 20 |
Euro | Slovakia | 20 |
Euro | Slovenia | 20 |
Euro | Spain | 20 |
Czech koruna | Czech Republic | 15 |
Danish krone | Denmark | 23 |
Forint | Hungary | 9 |
Krona | Sweden | 2 |
Lev | Bulgaria | 32 |
Pound sterling | United Kingdom | 19 |
Romanian leu | Romania | 12 |
Zloty | Poland | 14 |
Króna | Iceland | 53 |
Norwegian krone | Norway | 27 |
Swiss franc | Liechtenstein | -3 |
Swiss franc | Switzerland | -3 |
Australian dollar | Australia | 17 |
Canadian dollar | Canada | 27 |
Renminbi-yuan | China | 7 |
Hong Kong dollar | Hong Kong | 4 |
US dollar | United States | 47 |
Yen | Japan | -1 |