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 |
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 |
Czech Republic |
8 |
|
Danish krone |
Denmark |
26 |
|
Forint |
Hungary |
5 |
|
Krona |
Sweden |
15 |
|
Kuna |
Croatia |
3 |
|
Lev |
Bulgaria |
4 |
|
Pound sterling |
United Kingdom |
22 |
|
Romanian leu |
Romania |
4 |
|
Zloty |
Poland |
7 |
|
Króna |
Iceland |
6 |
|
Norwegian krone |
Norway |
30 |
|
Swiss franc |
Liechtenstein |
12 |
|
Swiss franc |
Switzerland |
12 |
|
Australian dollar |
Australia |
9 |
|
Canadian dollar |
Canada |
25 |
|
Renminbi-yuan |
China |
52 |
|
Hong Kong dollar |
Hong Kong |
7 |
|
US dollar |
United States |
43 |
|
Yen |
Japan |
12 |