ANNEX III
Volatility adjustment to the relevant risk-free interest rate term structure
Currency | National insurance market | Volatility adjustment (in bps) |
Euro | Austria | 17 |
Euro | Belgium | 17 |
Euro | Croatia | 17 |
Euro | Cyprus | 17 |
Euro | Estonia | 17 |
Euro | Finland | 17 |
Euro | France | 17 |
Euro | Germany | 17 |
Euro | Greece | 17 |
Euro | Ireland | 17 |
Euro | Italy | 17 |
Euro | Latvia | 17 |
Euro | Lithuania | 17 |
Euro | Luxembourg | 17 |
Euro | Malta | 17 |
Euro | Netherlands | 17 |
Euro | Portugal | 17 |
Euro | Slovakia | 17 |
Euro | Slovenia | 17 |
Euro | Spain | 17 |
Czech koruna | Czech Republic | 10 |
Danish krone | Denmark | 20 |
Forint | Hungary | 7 |
Krona | Sweden | 0 |
Lev | Bulgaria | 15 |
Pound sterling | United Kingdom | 12 |
Romanian leu | Romania | 1 |
Zloty | Poland | 9 |
Króna | Iceland | 43 |
Norwegian krone | Norway | 28 |
Swiss franc | Liechtenstein | – 3 |
Swiss franc | Switzerland | – 3 |
Australian dollar | Australia | 9 |
Canadian dollar | Canada | 26 |
Renminbi-yuan | China | 1 |
Hong Kong dollar | Hong Kong | 3 |
US dollar | United States | 35 |
Yen | Japan | – 2 |