ANNEX III
Volatility adjustment to the relevant risk-free interest rate term structure
Currency | National insurance market | Volatility adjustment (in bps) |
Euro | Austria | 14 |
Euro | Belgium | 14 |
Euro | Croatia | 14 |
Euro | Cyprus | 14 |
Euro | Estonia | 14 |
Euro | Finland | 14 |
Euro | France | 14 |
Euro | Germany | 14 |
Euro | Greece | 14 |
Euro | Ireland | 14 |
Euro | Italy | 14 |
Euro | Latvia | 14 |
Euro | Lithuania | 14 |
Euro | Luxembourg | 14 |
Euro | Malta | 14 |
Euro | Netherlands | 14 |
Euro | Portugal | 14 |
Euro | Slovakia | 14 |
Euro | Slovenia | 14 |
Euro | Spain | 14 |
Czech koruna | Czechia | 16 |
Danish krone | Denmark | 18 |
Forint | Hungary | 7 |
Krona | Sweden | –1 |
Lev | Bulgaria | 2 |
Pound sterling | United Kingdom | 35 |
Romanian leu | Romania | 2 |
Zloty | Poland | 6 |
Króna | Iceland | 36 |
Norwegian krone | Norway | 30 |
Swiss franc | Liechtenstein | –4 |
Swiss franc | Switzerland | –4 |
Australian dollar | Australia | 26 |
Canadian dollar | Canada | 13 |
Renminbi-yuan | China | –2 |
Hong Kong dollar | Hong Kong | 1 |
US dollar | United States | 37 |
Yen | Japan | 11 |