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 | Czechia | 14 |
Danish krone | Denmark | 25 |
Forint | Hungary | 8 |
Krona | Sweden | 1 |
Lev | Bulgaria | 15 |
Pound sterling | United Kingdom | 37 |
Romanian leu | Romania | 5 |
Zloty | Poland | 11 |
Króna | Iceland | 49 |
Norwegian krone | Norway | 35 |
Swiss franc | Liechtenstein | –4 |
Swiss franc | Switzerland | –4 |
Australian dollar | Australia | 24 |
Canadian dollar | Canada | 22 |
Renminbi-yuan | China | –1 |
Hong Kong dollar | Hong Kong | 3 |
US dollar | United States | 48 |
Yen | Japan | 14 |