ANNEX III
Volatility adjustment to the relevant risk-free interest rate term structure
Currency | National insurance market | Volatility adjustment (in bps) |
Euro | Austria | 23 |
Euro | Belgium | 23 |
Euro | Croatia | 23 |
Euro | Cyprus | 23 |
Euro | Estonia | 23 |
Euro | Finland | 23 |
Euro | France | 23 |
Euro | Germany | 23 |
Euro | Greece | 23 |
Euro | Ireland | 23 |
Euro | Italy | 23 |
Euro | Latvia | 23 |
Euro | Lithuania | 23 |
Euro | Luxembourg | 23 |
Euro | Malta | 23 |
Euro | Netherlands | 23 |
Euro | Portugal | 23 |
Euro | Slovakia | 23 |
Euro | Slovenia | 23 |
Euro | Spain | 23 |
Czech koruna | Czechia | 16 |
Danish krone | Denmark | 17 |
Forint | Hungary | 8 |
Krona | Sweden | 6 |
Lev | Bulgaria | 16 |
Pound sterling | United Kingdom | 15 |
Romanian leu | Romania | 5 |
Zloty | Poland | 16 |
Króna | Iceland | 47 |
Norwegian krone | Norway | 46 |
Swiss franc | Liechtenstein | –3 |
Swiss franc | Switzerland | –3 |
Australian dollar | Australia | 25 |
Canadian dollar | Canada | 26 |
Renminbi-yuan | China | 3 |
Hong Kong dollar | Hong Kong | 5 |
US dollar | United States | 37 |
Yen | Japan | 6 |