ANNEX III
Volatility adjustment to the relevant risk-free interest rate term structure
Currency | National insurance market | Volatility adjustment (in bps) |
Euro | Austria | 16 |
Euro | Belgium | 16 |
Euro | Croatia | 16 |
Euro | Cyprus | 16 |
Euro | Estonia | 16 |
Euro | Finland | 16 |
Euro | France | 16 |
Euro | Germany | 16 |
Euro | Greece | 16 |
Euro | Ireland | 16 |
Euro | Italy | 16 |
Euro | Latvia | 16 |
Euro | Lithuania | 16 |
Euro | Luxembourg | 16 |
Euro | Malta | 16 |
Euro | Netherlands | 16 |
Euro | Portugal | 16 |
Euro | Slovakia | 16 |
Euro | Slovenia | 16 |
Euro | Spain | 16 |
Czech koruna | Czechia | 12 |
Danish krone | Denmark | 17 |
Forint | Hungary | 7 |
Krona | Sweden | –4 |
Lev | Bulgaria | 6 |
Pound sterling | United Kingdom | 15 |
Romanian leu | Romania | 1 |
Zloty | Poland | 9 |
Króna | Iceland | 42 |
Norwegian krone | Norway | 24 |
Swiss franc | Liechtenstein | –3 |
Swiss franc | Switzerland | –3 |
Australian dollar | Australia | 12 |
Canadian dollar | Canada | 19 |
Renminbi-yuan | China | –2 |
Hong Kong dollar | Hong Kong | 2 |
US dollar | United States | 38 |
Yen | Japan | 4 |