ANNEX III
Volatility adjustment to the relevant risk-free interest rate term structure
Currency | National insurance market | Volatility adjustment (in bps) |
Euro | Austria | 22 |
Euro | Belgium | 22 |
Euro | Croatia | 22 |
Euro | Cyprus | 22 |
Euro | Estonia | 22 |
Euro | Finland | 22 |
Euro | France | 22 |
Euro | Germany | 22 |
Euro | Greece | 22 |
Euro | Ireland | 22 |
Euro | Italy | 22 |
Euro | Latvia | 22 |
Euro | Lithuania | 22 |
Euro | Luxembourg | 22 |
Euro | Malta | 22 |
Euro | Netherlands | 22 |
Euro | Portugal | 22 |
Euro | Slovakia | 22 |
Euro | Slovenia | 22 |
Euro | Spain | 22 |
Czech koruna | Czechia | 17 |
Danish krone | Denmark | 24 |
Forint | Hungary | 9 |
Krona | Sweden | 5 |
Lev | Bulgaria | 13 |
Pound sterling | United Kingdom | 40 |
Romanian leu | Romania | 4 |
Zloty | Poland | 13 |
Króna | Iceland | 46 |
Norwegian krone | Norway | 42 |
Swiss franc | Liechtenstein | – 4 |
Swiss franc | Switzerland | – 4 |
Australian dollar | Australia | 28 |
Canadian dollar | Canada | 16 |
Renminbi-yuan | China | 1 |
Hong Kong dollar | Hong Kong | 7 |
US dollar | United States | 47 |
Yen | Japan | 12 |