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Commission Implementing Regulation (EU) 2019/228 of 7 February 2019 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 31 December 2018 until 30 March 2019 in accordance with Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Text with EEA relevance.)

Type Implementing Regulation
Publication 2019-02-08
State In force
Text As published
Department European Commission, FISMA
Source EUR-Lex
articles 2

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

Reform history JSON API
Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 42 56 63 85 206 313 3 146
2 42 56 63 85 206 350 2 333
3 41 56 64 90 200 362 1 756
4 40 56 67 92 197 361 1 355
5 40 57 69 93 196 351 1 073
6 41 58 70 95 195 337 870
7 41 60 71 97 194 321 720
8 40 60 71 98 192 304 605
9 39 60 72 100 191 287 515
10 39 60 72 101 191 283 444
11 38 59 72 101 190 282 386
12 37 58 71 101 189 282 338
13 37 57 70 100 188 281 298
14 36 57 70 99 187 280 280
15 35 56 69 99 187 280 280
16 34 55 68 98 186 279 279
17 34 55 68 97 185 278 278
18 33 54 67 96 185 277 277
19 33 54 67 96 184 277 277
20 33 53 66 96 184 277 277
21 32 53 66 96 184 277 277
22 32 53 66 95 183 276 276
23 32 52 65 95 183 276 276
24 31 52 65 94 182 275 275
25 30 51 66 94 182 275 275
26 30 51 69 93 181 274 274
27 29 50 72 92 181 273 273
28 28 49 74 92 180 273 273
29 28 49 77 91 179 272 272
30 27 48 79 90 179 271 271

3.14   Baht

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 11 24 31 54 175 312 3 134
2 15 29 35 58 179 350 2 328
3 17 32 41 66 177 362 1 754
4 20 35 46 72 176 361 1 354
5 22 39 51 75 178 351 1 072
6 21 39 51 76 176 337 869
7 27 46 57 82 179 321 719
8 26 45 57 84 178 304 604
9 27 47 59 87 179 286 515
10 29 49 62 91 180 273 443
11 30 51 64 93 181 274 385
12 31 51 64 94 182 275 337
13 31 52 65 94 182 275 297
14 31 52 65 94 183 276 276
15 31 52 65 95 183 276 276
16 31 52 65 94 182 275 275
17 31 52 65 94 182 275 275
18 30 51 64 93 181 274 274
19 30 50 63 93 181 274 274
20 30 50 63 93 181 274 274
21 30 50 63 93 181 274 274
22 29 50 63 93 181 274 274
23 29 50 63 92 180 273 273
24 29 49 65 92 180 273 273
25 28 49 67 91 180 272 272
26 28 48 70 91 179 272 272
27 27 48 72 90 179 271 271
28 27 47 75 90 178 271 271
29 26 47 77 89 178 270 270
30 26 46 79 89 177 270 270

3.15   Canadian dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 10 24 30 53 174 314 3 158
2 11 25 31 54 175 352 2 343
3 12 26 35 60 171 364 1 764
4 12 28 38 64 169 362 1 360
5 13 30 42 66 169 352 1 077
6 14 32 44 69 169 338 873
7 16 35 46 71 169 322 722
8 16 36 47 74 168 304 606
9 17 37 49 77 169 287 516
10 17 38 51 79 169 270 445
11 17 38 51 80 169 262 386
12 18 38 51 81 169 262 338
13 18 38 51 81 169 262 298
14 18 39 52 81 169 262 264
15 18 39 52 81 169 262 262
16 18 38 51 81 169 262 262
17 18 38 51 81 169 262 262
18 18 38 51 81 169 262 262
19 17 38 51 81 169 262 262
20 18 38 54 81 169 262 262
21 18 38 57 81 169 262 262
22 17 38 59 81 169 262 262
23 17 38 62 80 169 261 261
24 17 38 64 80 168 261 261
25 16 37 66 80 168 261 261
26 16 37 70 79 167 260 260
27 16 36 72 79 167 260 260
28 15 36 74 78 167 259 259
29 15 36 77 79 166 259 259
30 15 35 79 81 166 259 259

3.16   Chilean peso

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 45 59 66 88 209 318 3 200
2 48 62 68 91 212 357 2 381
3 51 65 74 99 210 370 1 796
4 51 67 78 104 208 369 1 387
5 53 70 82 106 208 359 1 099
6 55 73 84 110 209 345 891
7 56 75 86 111 209 329 737
8 56 75 87 114 208 311 620
9 56 76 88 116 208 301 528
10 56 77 90 118 208 300 455
11 56 77 90 119 207 300 395
12 55 76 89 118 206 299 346
13 54 75 88 117 206 298 305
14 53 74 87 117 205 298 298
15 52 73 86 116 204 297 297
16 52 72 85 115 203 296 296
17 51 72 85 114 202 295 295
18 50 71 84 113 201 294 294
19 49 70 83 113 201 294 294
20 49 69 82 112 200 293 293
21 48 69 82 111 199 292 292
22 47 68 81 110 199 291 291
23 46 67 80 109 198 290 290
24 45 66 79 109 197 290 290
25 44 65 78 108 196 289 289
26 43 64 77 107 195 288 288
27 43 63 76 106 194 287 287
28 42 62 76 105 193 286 286
29 41 62 78 104 192 285 285
30 40 61 82 103 191 284 284

3.17   Colombian peso

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 76 90 97 119 241 336 3 284
2 81 94 101 124 245 366 2 451
3 80 95 104 129 240 381 1 851
4 80 95 106 132 236 380 1 432
5 82 99 111 135 238 371 1 136
6 84 102 114 139 238 357 923
7 86 105 116 142 239 341 764
8 87 107 118 145 240 332 643
9 88 108 121 149 240 333 548
10 89 109 122 151 240 333 472
11 88 109 122 151 240 332 410
12 87 108 121 150 239 331 359
13 86 107 120 149 237 330 330
14 84 105 118 148 236 329 329
15 83 104 117 146 234 327 327
16 82 102 115 145 233 326 326
17 80 101 114 143 232 324 324
18 79 100 113 142 230 323 323
19 77 98 111 141 229 322 322
20 76 97 110 139 228 320 320
21 75 95 108 138 226 319 319
22 73 94 107 136 225 317 317
23 72 92 105 135 223 316 316
24 70 91 104 133 221 314 314
25 68 89 102 132 220 313 313
26 67 88 101 130 218 311 311
27 65 86 99 129 217 310 310
28 64 85 98 127 215 308 308
29 62 83 96 125 214 307 307
30 61 82 95 124 212 305 305

3.18   Hong Kong dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 3 17 23 46 167 313 3 145
2 7 20 27 49 171 350 2 335
3 8 23 32 57 168 363 1 758
4 10 26 36 62 167 361 1 356
5 12 29 41 65 168 351 1 074
6 14 32 44 69 168 337 870
7 16 35 46 72 169 321 719
8 16 36 48 74 169 304 605
9 17 37 49 77 169 286 515
10 17 38 51 80 169 269 443
11 17 38 51 80 169 262 385
12 17 38 51 80 168 261 337
13 16 37 50 80 168 261 297
14 16 37 50 79 167 260 263
15 15 36 49 78 167 259 259
16 14 35 48 77 166 258 258
17 14 35 48 77 165 258 258
18 13 34 49 77 165 258 258
19 13 34 51 76 165 257 257
20 13 34 54 77 165 258 258
21 13 34 57 77 165 258 258
22 13 34 58 77 165 258 258
23 13 34 61 77 165 258 258
24 13 34 64 77 165 258 258
25 13 34 66 76 165 257 257
26 13 34 69 76 164 257 257
27 13 34 72 76 164 257 257
28 13 33 74 76 164 257 257
29 14 33 77 79 164 257 257
30 14 33 79 81 164 257 257

3.19   Indian rupee

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 89 103 109 132 253 348 3 399
2 89 103 110 132 254 377 2 528
3 89 103 112 137 248 391 1 906
4 88 104 114 140 245 389 1 471
5 89 105 117 142 244 379 1 165
6 89 107 119 144 243 364 944
7 90 109 120 146 243 346 780
8 90 110 121 148 243 335 655
9 90 110 122 150 242 334 558
10 88 109 122 151 240 333 480
11 87 108 121 150 238 331 417
12 85 106 119 148 236 329 365
13 83 104 117 146 234 327 327
14 81 102 115 144 233 325 325
15 79 100 113 142 231 324 324
16 77 98 111 140 229 321 321
17 76 96 109 139 227 320 320
18 74 95 108 137 225 318 318
19 73 93 106 136 224 317 317
20 72 92 105 135 223 316 316
21 71 91 104 134 222 315 315
22 69 90 103 133 221 314 314
23 68 89 102 131 220 312 312
24 67 88 101 130 219 311 311
25 66 87 100 129 217 310 310
26 65 86 99 128 216 309 309
27 64 84 97 127 215 308 308
28 63 83 96 126 214 307 307
29 61 82 95 125 213 306 306
30 60 81 94 124 212 305 305

3.20   Mexican peso

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 337 350 357 379 501 596 3 510
2 75 89 96 118 239 387 2 604
3 77 92 101 126 236 400 1 960
4 80 95 106 132 236 398 1 511
5 82 98 110 135 237 387 1 195
6 84 102 114 139 238 372 968
7 86 105 116 141 238 354 800
8 87 106 118 145 239 336 672
9 87 107 120 148 239 332 572
10 87 108 121 150 239 332 493
11 87 108 121 150 239 332 428
12 87 108 121 151 239 332 375
13 88 109 122 151 239 332 332
14 88 109 122 151 240 333 333
15 89 110 123 152 240 333 333
16 90 111 124 153 241 334 334
17 91 112 125 154 242 335 335
18 92 113 126 155 243 336 336
19 93 114 127 156 244 337 337
20 94 114 127 157 245 338 338
21 94 114 127 157 245 338 338
22 93 114 127 157 245 338 338
23 93 114 127 156 244 337 337
24 92 113 126 155 244 336 336
25 91 112 125 154 243 335 335
26 90 111 124 153 241 334 334
27 89 110 123 152 240 333 333
28 87 108 121 151 239 332 332
29 86 107 120 149 237 330 330
30 85 105 118 148 236 329 329

3.21   New Taiwan dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 5 11 34 155 306 3 075
2 0 5 11 34 155 343 2 282
3 1 5 13 38 149 356 1 719
4 1 5 16 41 146 354 1 326
5 2 6 18 42 145 344 1 050
6 2 8 20 45 144 330 851
7 3 10 21 46 144 314 704
8 4 10 22 48 143 297 592
9 4 10 25 50 142 280 504
10 4 10 28 52 141 264 434
11 5 10 31 53 141 247 377
12 6 10 33 53 141 234 330
13 6 12 35 53 141 234 291
14 6 12 38 53 141 234 258
15 6 14 40 53 141 234 234
16 8 14 43 53 141 234 234
17 8 15 46 54 142 235 235
18 8 16 48 54 142 235 235
19 9 17 50 57 143 236 236
20 9 19 53 59 144 237 237
21 9 19 56 62 145 238 238
22 10 20 58 64 145 238 238
23 10 21 61 65 146 239 239
24 12 22 63 67 146 239 239
25 12 22 66 70 147 240 240
26 12 24 68 72 147 240 240
27 13 25 71 74 148 240 240
28 13 26 73 76 148 241 241
29 14 27 76 78 148 241 241
30 14 27 79 80 149 241 241

3.22   New Zealand dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 48 62 69 91 212 313 3 145
2 49 63 69 92 213 350 2 334
3 48 63 72 97 208 363 1 758
4 48 63 74 100 204 361 1 357
5 48 64 76 101 203 352 1 075
6 49 67 78 104 203 338 872
7 49 68 79 104 201 322 722
8 48 68 80 106 201 305 607
9 48 68 80 109 200 293 517
10 47 68 81 109 199 291 445
11 46 66 79 109 197 290 387
12 44 65 78 107 195 288 339
13 42 63 76 106 194 287 299
14 41 62 75 104 192 285 285
15 40 60 73 103 191 284 284
16 38 59 72 101 189 282 282
17 37 57 70 100 188 281 281
18 36 56 69 99 187 280 280
19 35 55 68 98 186 279 279
20 34 55 68 97 186 278 278
21 34 54 67 97 185 278 278
22 33 54 67 96 184 277 277
23 32 53 66 95 184 276 276
24 32 52 65 95 183 276 276
25 31 52 67 94 182 275 275
26 30 51 70 93 182 274 274
27 29 50 72 93 181 274 274
28 29 50 75 92 180 273 273
29 28 49 77 91 180 272 272
30 27 48 80 91 179 272 272

3.23   Rand

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 110 124 131 153 275 369 3 418
2 112 125 132 154 276 379 2 543
3 112 127 135 161 271 393 1 918
4 113 128 139 165 269 391 1 481
5 114 131 143 167 269 381 1 173
6 115 133 145 170 269 367 952
7 116 135 146 172 269 361 787
8 115 135 146 173 268 361 662
9 115 135 147 175 267 360 564
10 114 135 148 176 266 359 486
11 113 134 147 176 264 357 422
12 111 132 145 174 262 355 370
13 109 130 143 172 260 353 353
14 107 127 140 170 258 351 351
15 104 125 138 168 256 349 349
16 102 123 136 165 253 346 346
17 100 120 133 163 251 344 344
18 97 118 131 161 249 342 342
19 95 116 129 159 247 340 340
20 94 114 127 157 245 338 338
21 92 113 126 155 243 336 336
22 90 111 124 153 242 334 334
23 88 109 122 152 240 333 333
24 87 107 120 150 238 331 331
25 85 105 118 148 236 329 329
26 83 104 117 146 234 327 327
27 81 102 115 144 233 325 325
28 80 100 113 143 231 324 324
29 78 99 112 141 229 322 322
30 76 97 110 140 228 321 321

3.24   Real

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 168 181 188 210 332 427 3 380
2 177 191 197 220 341 436 2 532
3 180 195 204 229 340 434 1 921
4 182 197 208 234 338 432 1 490
5 182 199 211 235 338 431 1 183
6 182 200 212 237 336 429 961
7 182 201 212 238 335 428 795
8 181 201 212 239 333 426 668
9 180 200 212 240 332 425 568
10 179 199 212 241 330 423 489
11 177 198 211 240 328 421 425
12 174 195 208 238 326 419 419
13 171 192 205 235 323 416 416
14 168 189 202 232 320 413 413
15 165 186 199 228 317 409 409
16 162 183 196 225 313 406 406
17 159 180 193 222 310 403 403
18 156 176 189 219 307 400 400
19 153 173 186 216 304 397 397
20 149 170 183 213 301 394 394
21 146 167 180 210 298 391 391
22 143 164 177 206 295 387 387
23 140 161 174 203 291 384 384
24 137 158 171 200 288 381 381
25 134 155 168 197 285 378 378
26 131 151 164 194 282 375 375
27 128 149 162 191 279 372 372
28 125 146 159 188 276 369 369
29 122 143 156 185 273 366 366
30 119 140 153 183 271 364 364

3.25   Renminbi-yuan

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 24 38 44 67 188 316 3 179
2 25 38 45 68 189 354 2 360
3 24 39 47 73 183 367 1 779
4 24 40 50 76 180 365 1 373
5 24 41 53 78 180 356 1 087
6 25 43 55 80 179 342 882
7 26 45 56 81 178 325 729
8 25 44 56 83 177 308 613
9 24 44 57 85 176 290 522
10 24 44 57 86 175 273 449
11 23 44 57 86 175 268 390
12 23 43 56 86 174 267 342
13 22 43 56 85 173 266 301
14 22 42 55 85 173 266 267
15 21 42 55 84 173 265 265
16 21 42 55 84 172 265 265
17 21 42 55 84 172 265 265
18 21 42 55 84 172 265 265
19 21 42 55 84 172 265 265
20 21 42 55 84 173 265 265
21 21 42 57 84 173 265 265
22 21 42 60 84 173 265 265
23 21 42 62 84 172 265 265
24 21 42 65 84 172 265 265
25 21 41 67 84 172 265 265
26 20 41 70 83 172 265 265
27 20 41 72 83 171 264 264
28 20 41 75 83 171 264 264
29 19 40 78 83 171 264 264
30 19 40 80 82 171 263 263

3.26   Ringgit

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 20 34 41 63 184 321 3 231
2 22 36 42 65 186 359 2 399
3 23 38 46 71 182 372 1 806
4 24 40 50 76 181 370 1 394
5 26 43 55 79 182 360 1 104
6 28 46 57 83 182 346 895
7 30 49 60 85 182 329 740
8 30 50 61 88 182 312 622
9 30 51 63 91 182 294 530
10 31 52 65 93 183 277 456
11 32 52 65 95 183 276 396
12 32 53 66 95 183 276 347
13 32 53 66 95 183 276 306
14 32 52 65 95 183 276 276
15 31 52 65 95 183 276 276
16 31 52 65 94 182 275 275
17 31 52 65 94 182 275 275
18 31 52 65 94 182 275 275
19 31 52 65 94 182 275 275
20 31 52 65 95 183 276 276
21 31 52 65 95 183 276 276
22 31 52 65 95 183 276 276
23 31 52 65 94 183 275 275
24 31 52 66 94 182 275 275
25 31 51 69 94 182 275 275
26 30 51 71 93 182 274 274
27 30 50 74 93 181 274 274
28 29 50 76 92 181 273 273
29 29 49 79 92 180 273 273
30 28 49 82 91 180 272 272

3.27   Russian rouble

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 120 134 141 163 285 379 3 533
2 119 133 139 162 283 390 2 631
3 117 132 141 166 276 404 1 981
4 116 132 143 169 273 402 1 527
5 116 133 145 170 272 391 1 207
6 116 134 146 171 270 375 976
7 117 136 147 172 269 362 806
8 116 136 147 174 268 361 676
9 115 135 147 176 267 360 575
10 115 135 148 177 266 359 494
11 114 135 148 177 266 358 429
12 113 134 147 176 264 357 374
13 112 133 146 175 263 356 356
14 110 131 144 174 262 355 355
15 108 129 142 171 260 352 352
16 106 127 140 169 257 350 350
17 103 124 137 166 255 348 348
18 101 122 135 164 253 345 345
19 99 120 133 162 250 343 343
20 97 118 131 160 248 341 341
21 94 115 128 158 246 339 339
22 92 113 126 155 244 336 336
23 90 111 124 153 241 334 334
24 88 109 122 151 239 332 332
25 86 106 119 149 237 330 330
26 84 104 117 147 235 328 328
27 81 102 115 145 233 326 326
28 79 100 113 143 231 324 324
29 77 98 111 141 229 322 322
30 76 96 109 139 227 320 320

3.28   Singapore dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 5 11 34 155 312 3 140
2 0 7 13 36 157 350 2 329
3 1 9 17 42 153 362 1 753
4 1 11 21 47 152 360 1 352
5 2 14 26 50 152 350 1 071
6 2 17 28 54 153 336 868
7 3 20 31 56 153 320 718
8 4 21 32 59 153 303 603
9 4 21 33 62 153 286 514
10 4 22 35 64 153 269 443
11 5 22 35 64 153 252 385
12 6 22 35 64 152 245 337
13 6 22 36 64 152 245 297
14 6 21 38 64 152 245 263
15 6 21 41 64 152 245 245
16 8 21 44 63 151 244 244
17 8 21 46 63 152 244 244
18 8 21 49 63 152 244 244
19 9 21 51 64 152 245 245
20 9 22 54 64 152 245 245
21 9 22 57 65 153 246 246
22 10 23 59 65 153 246 246
23 11 23 61 66 154 246 246
24 12 23 64 68 154 247 247
25 12 23 66 71 154 247 247
26 12 24 69 72 154 247 247
27 13 25 72 74 154 247 247
28 13 26 74 76 154 247 247
29 14 27 77 79 154 247 247
30 14 28 79 81 155 247 247

3.29   South Korean won

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 30 44 51 73 194 313 3 142
2 31 44 51 74 195 350 2 330
3 29 44 52 78 188 362 1 753
4 28 44 54 80 185 360 1 352
5 28 45 57 81 184 350 1 070
6 31 49 60 86 185 336 867
7 29 48 59 84 181 319 716
8 33 52 64 91 185 302 602
9 32 52 64 93 184 285 512
10 26 47 60 89 178 271 441
11 22 43 56 85 173 266 383
12 18 39 52 82 170 263 335
13 16 37 50 79 167 260 295
14 14 35 48 77 165 258 262
15 12 33 46 76 164 257 257
16 11 32 45 74 162 255 255
17 10 31 46 73 161 254 254
18 9 30 48 73 161 254 254
19 9 30 51 72 160 253 253
20 9 30 54 72 160 253 253
21 9 30 56 72 160 253 253
22 10 30 58 72 160 253 253
23 11 30 61 72 160 253 253
24 12 30 63 72 160 253 253
25 12 30 66 72 160 253 253
26 12 29 68 72 160 253 253
27 13 29 71 74 160 253 253
28 13 29 73 76 160 253 253
29 14 29 77 78 160 253 253
30 14 29 79 80 160 252 252

3.30   Turkish lira

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 189 203 210 232 353 448 4 237
2 186 200 206 229 350 449 3 087
3 181 196 204 229 340 462 2 310
4 177 192 203 229 333 455 1 761
5 172 189 201 226 328 436 1 373
6 169 187 199 224 323 417 1 106
7 166 185 196 222 319 411 910
8 162 182 193 220 314 407 759
9 158 178 190 219 310 403 640
10 154 175 188 217 306 399 546
11 150 171 184 213 302 395 470
12 146 167 180 209 298 391 409
13 142 163 176 206 294 387 387
14 139 159 172 202 290 383 383
15 135 156 169 198 286 379 379
16 132 152 165 195 283 376 376
17 129 149 162 192 280 373 373
18 126 146 159 189 277 370 370
19 123 143 156 186 274 367 367
20 120 141 154 183 271 364 364
21 117 138 151 181 269 362 362
22 115 136 149 178 266 359 359
23 112 133 146 175 264 356 356
24 110 130 143 173 261 354 354
25 107 128 141 170 259 351 351
26 105 126 139 168 256 349 349
27 103 123 136 166 254 347 347
28 100 121 134 163 252 345 345
29 98 119 132 161 250 342 342
30 96 117 130 159 247 340 340

3.31   US dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 14 26 53 173 316 3 185
2 0 14 26 53 173 354 2 361
3 1 17 28 57 169 366 1 775
4 1 20 32 62 168 364 1 369
5 2 23 37 68 169 354 1 083
6 4 26 39 69 170 340 878
7 6 30 42 71 170 323 726
8 9 34 46 74 170 306 610
9 10 37 49 76 170 288 519
10 11 38 51 76 170 271 447
11 12 40 52 78 170 263 388
12 13 41 54 79 171 263 340
13 14 42 54 79 170 263 299
14 14 43 55 80 170 263 265
15 14 43 55 80 170 263 263
16 14 43 55 80 170 263 263
17 14 43 55 80 170 263 263
18 14 43 55 80 170 263 263
19 14 43 55 80 170 263 263
20 14 43 55 80 171 264 264
21 14 43 57 80 171 264 264
22 14 43 59 80 171 264 264
23 14 43 62 80 171 264 264
24 14 43 65 80 171 264 264
25 14 43 67 80 171 264 264
26 14 43 70 80 171 264 264
27 14 43 72 80 171 264 264
28 14 43 74 80 171 264 264
29 14 43 77 80 171 263 263
30 14 43 79 81 170 263 263

3.32   Yen

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 0 3 12 133 304 3 048
2 0 1 6 14 132 340 2 260
3 1 2 9 17 124 352 1 701
4 1 3 12 20 121 350 1 312
5 2 4 15 23 120 341 1 039
6 2 4 17 26 120 327 842
7 3 6 19 28 119 311 696
8 4 6 22 30 119 294 585
9 4 8 25 33 119 277 498
10 4 8 28 35 119 261 429
11 4 10 30 38 120 245 373
12 6 10 32 40 120 229 326
13 6 12 35 42 120 215 288
14 6 12 37 46 120 213 255
15 6 14 40 47 121 214 227
16 8 14 43 49 121 214 214
17 8 15 45 52 121 214 214
18 8 16 47 54 122 215 215
19 9 17 50 56 124 215 215
20 9 17 53 59 127 216 216
21 9 19 55 60 128 216 216
22 10 20 57 62 130 217 217
23 10 20 59 64 131 217 217
24 10 22 62 66 133 218 218
25 12 22 64 68 135 218 218
26 12 24 67 70 136 218 218
27 13 24 69 72 137 218 218
28 13 25 72 74 138 218 218
29 13 26 74 77 139 218 218
30 14 27 76 79 141 218 218

ANNEX III

Volatility adjustment to the relevant risk-free interest rate term structure

Currency National insurance market Volatility adjustment (in bps)
Euro Austria 24
Euro Belgium 24
Euro Cyprus 24
Euro Estonia 24
Euro Finland 24
Euro France 24
Euro Germany 24
Euro Greece 24
Euro Ireland 24
Euro Italy 24
Euro Latvia 24
Euro Lithuania 24
Euro Luxembourg 24
Euro Malta 24
Euro Netherlands 24
Euro Portugal 24
Euro Slovakia 24
Euro Slovenia 24
Euro Spain 24
Czech koruna Czech Republic 17
Danish krone Denmark 45
Forint Hungary 5
Krona Sweden 12
Kuna Croatia 12
Lev Bulgaria – 2
Pound sterling United Kingdom 27
Romanian leu Romania 5
Zloty Poland 9
Króna Iceland 28
Norwegian krone Norway 42
Swiss franc Liechtenstein 4
Swiss franc Switzerland 4
Australian dollar Australia 13
Canadian dollar Canada 27
US dollar United States 56
Yen Japan 3

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