Legalize
Legalize / European Union / Implementing Regulation

Commission Implementing Regulation (EU) 2020/1145 of 31 July 2020 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 30 June 2020 until 29 September 2020 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 2020-08-03
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 0 0 3 24 144 293 3016
2 0 1 6 25 145 331 2244
3 1 1 8 30 140 345 1693
4 1 3 11 34 137 344 1308
5 1 4 14 36 137 336 1036
6 2 4 16 39 137 323 840
7 2 5 19 41 137 308 695
8 2 6 22 43 137 291 584
9 2 7 23 46 137 275 497
10 4 8 26 48 137 259 428
11 4 9 29 50 138 243 371
12 4 9 30 49 137 231 325
13 4 10 33 50 138 232 286
14 4 11 36 50 137 232 253
15 5 12 38 49 136 231 231
16 6 12 40 48 135 230 230
17 6 14 42 49 135 230 230
18 6 14 45 50 135 230 230
19 7 15 47 53 136 230 230
20 7 16 49 54 136 231 231
21 7 17 51 56 137 231 231
22 7 17 54 59 137 231 231
23 8 19 57 60 137 231 231
24 8 19 58 62 136 231 231
25 8 20 61 64 136 231 231
26 9 21 63 66 136 231 231
27 9 22 66 68 136 230 230
28 10 22 68 70 136 230 230
29 10 24 70 72 136 230 230
30 10 24 73 74 136 230 230

3.13   Australian 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 42 55 61 83 203 300 3055
2 42 55 61 83 203 336 2276
3 41 55 63 88 197 349 1718
4 40 55 65 91 194 349 1327
5 40 56 68 92 193 341 1052
6 40 57 69 94 192 328 853
7 41 59 70 95 191 312 706
8 40 59 70 96 190 296 593
9 39 59 71 99 189 283 505
10 39 59 71 100 188 283 435
11 38 58 71 100 187 282 378
12 37 57 70 99 186 281 331
13 37 57 70 98 186 280 292
14 36 56 69 98 185 280 280
15 35 55 68 97 185 279 279
16 35 54 67 96 184 278 278
17 34 54 67 96 183 278 278
18 34 53 66 95 183 277 277
19 33 53 66 95 182 277 277
20 33 53 66 95 182 276 276
21 33 53 65 94 182 276 276
22 32 52 65 94 181 276 276
23 32 52 65 93 181 275 275
24 31 51 64 93 180 275 275
25 31 50 63 92 180 274 274
26 30 50 64 92 179 273 273
27 29 49 67 91 178 273 273
28 28 48 69 90 178 272 272
29 28 48 72 90 177 271 271
30 27 47 74 89 176 271 271

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 12 25 32 54 174 297 3058
2 16 29 36 58 178 336 2277
3 19 33 41 66 175 350 1719
4 21 36 46 72 175 350 1330
5 23 39 51 75 176 342 1055
6 23 40 51 76 174 329 856
7 28 46 57 82 178 313 708
8 27 45 57 83 177 297 595
9 28 47 59 87 177 280 507
10 29 49 62 90 179 273 437
11 31 50 63 92 180 274 379
12 31 51 64 93 180 275 332
13 32 51 64 93 181 275 293
14 32 52 65 94 181 275 275
15 32 52 65 94 181 275 275
16 31 51 64 93 180 275 275
17 31 51 64 93 180 275 275
18 31 51 64 93 180 274 274
19 30 50 63 92 179 274 274
20 30 50 63 92 179 274 274
21 30 50 63 92 179 274 274
22 30 50 63 92 179 274 274
23 30 50 63 92 179 273 273
24 29 49 62 91 178 273 273
25 29 49 62 91 178 272 272
26 28 48 65 90 178 272 272
27 28 48 67 90 177 271 271
28 27 47 70 89 176 271 271
29 27 47 72 89 176 270 270
30 26 46 74 88 175 270 270

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 12 25 31 53 173 298 3069
2 13 26 33 55 174 337 2287
3 13 27 36 60 170 351 1727
4 14 29 39 65 168 351 1334
5 15 31 42 67 168 342 1057
6 16 33 45 70 168 329 857
7 18 36 47 72 168 314 709
8 18 36 48 74 168 297 596
9 18 37 49 77 168 280 507
10 19 38 51 79 168 264 436
11 19 39 52 80 168 262 379
12 19 39 52 81 168 262 332
13 19 39 52 81 168 263 292
14 19 39 52 81 168 263 263
15 19 39 52 81 168 263 263
16 19 39 52 81 168 262 262
17 19 39 52 81 168 262 262
18 19 39 52 81 168 262 262
19 19 39 52 81 168 262 262
20 19 39 52 81 168 262 262
21 19 39 53 81 168 262 262
22 19 39 55 80 168 262 262
23 18 38 57 80 167 262 262
24 18 38 59 80 167 261 261
25 17 37 62 79 166 261 261
26 17 37 64 79 166 260 260
27 17 36 67 78 166 260 260
28 16 36 69 78 165 260 260
29 16 36 72 77 165 259 259
30 15 35 74 77 164 259 259

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 46 59 65 87 207 303 3053
2 49 61 68 90 210 335 2271
3 51 65 73 98 207 349 1714
4 52 67 77 103 206 349 1327
5 53 69 81 105 207 342 1055
6 55 72 84 109 207 330 858
7 57 75 86 111 207 315 712
8 56 75 86 113 206 301 600
9 56 76 88 116 206 301 512
10 57 76 89 118 206 300 442
11 57 76 89 118 206 300 385
12 56 76 89 118 205 299 337
13 55 75 88 117 204 299 299
14 54 74 87 116 203 298 298
15 54 73 86 115 203 297 297
16 53 73 86 114 202 296 296
17 52 72 85 114 201 295 295
18 51 71 84 113 200 295 295
19 51 71 83 112 200 294 294
20 50 70 83 112 199 294 294
21 49 69 82 111 198 293 293
22 48 68 81 110 198 292 292
23 48 68 80 109 197 291 291
24 47 67 79 108 196 290 290
25 46 66 79 108 195 289 289
26 45 65 78 107 194 288 288
27 44 64 77 106 193 287 287
28 43 63 76 105 192 287 287
29 42 62 75 104 191 286 286
30 41 61 76 103 190 285 285

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 77 90 97 119 239 335 3143
2 82 95 101 123 243 348 2366
3 82 95 104 129 238 365 1798
4 81 96 106 132 235 367 1395
5 84 100 112 136 237 360 1110
6 86 103 115 140 238 348 904
7 88 106 117 142 238 333 751
8 89 108 119 146 239 334 635
9 90 109 121 149 240 334 544
10 91 110 123 151 240 334 470
11 90 110 123 152 239 334 410
12 89 109 122 151 239 333 360
13 88 108 121 150 237 332 332
14 87 107 120 149 236 330 330
15 85 105 118 147 234 329 329
16 84 104 117 146 233 328 328
17 83 103 115 144 232 326 326
18 81 101 114 143 230 325 325
19 80 100 113 142 229 323 323
20 79 99 111 140 228 322 322
21 77 97 110 139 226 321 321
22 76 96 109 137 225 319 319
23 74 94 107 136 223 318 318
24 73 92 105 134 222 316 316
25 71 91 104 133 220 314 314
26 69 89 102 131 218 313 313
27 68 88 100 129 217 311 311
28 66 86 99 128 215 310 310
29 65 85 97 126 214 308 308
30 63 83 96 125 212 307 307

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 6 19 25 47 167 298 3073
2 9 22 28 50 170 337 2287
3 10 24 33 57 167 351 1725
4 12 27 37 63 166 350 1333
5 14 30 42 66 167 342 1056
6 16 33 45 70 168 329 856
7 18 36 47 72 168 313 708
8 18 37 48 74 168 296 595
9 18 38 50 77 168 280 506
10 19 38 51 79 168 263 436
11 19 39 51 80 168 262 378
12 18 38 51 80 167 262 331
13 18 38 51 80 167 261 291
14 17 37 50 79 166 261 261
15 16 36 49 78 165 260 260
16 16 35 48 77 165 259 259
17 15 35 48 77 164 259 259
18 15 35 48 77 164 258 258
19 15 35 48 76 164 258 258
20 15 35 50 77 164 258 258
21 15 35 53 77 164 258 258
22 15 35 55 77 164 258 258
23 15 35 57 77 164 258 258
24 15 35 60 77 164 258 258
25 15 35 62 76 164 258 258
26 14 34 65 76 164 258 258
27 14 34 67 76 163 258 258
28 14 34 69 76 163 258 258
29 14 34 72 76 163 257 257
30 14 34 74 75 163 257 257

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 91 104 110 132 252 348 3225
2 91 104 111 133 253 355 2418
3 91 104 113 138 247 372 1834
4 90 105 116 141 245 373 1423
5 91 107 119 143 244 365 1131
6 92 109 120 145 243 352 919
7 93 111 122 147 243 337 761
8 93 111 123 149 243 337 640
9 92 111 123 151 242 336 546
10 91 111 123 152 240 335 470
11 90 109 122 151 239 333 408
12 88 108 120 149 237 331 357
13 86 106 119 148 235 329 329
14 84 104 117 146 233 327 327
15 82 102 115 144 231 326 326
16 80 100 113 142 229 324 324
17 79 98 111 140 228 322 322
18 77 97 110 139 226 321 321
19 76 96 108 137 225 319 319
20 75 95 107 136 224 318 318
21 74 93 106 135 223 317 317
22 72 92 105 134 221 316 316
23 71 91 104 133 220 315 315
24 70 90 103 132 219 314 314
25 69 89 102 131 218 312 312
26 68 88 100 129 217 311 311
27 66 86 99 128 216 310 310
28 65 85 98 127 214 309 309
29 64 84 97 126 213 308 308
30 63 83 96 125 212 307 307

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
1 326 339 345 367 487 583 3266
2 79 92 98 120 240 356 2433
3 81 94 103 128 237 372 1838
4 83 98 108 134 237 372 1422
5 85 101 112 137 238 363 1128
6 87 104 115 140 239 350 916
7 89 107 118 143 239 335 758
8 90 108 120 146 240 334 638
9 90 109 121 149 240 334 544
10 90 110 123 151 240 334 468
11 90 110 123 152 239 334 407
12 90 110 123 152 240 334 357
13 91 111 124 153 240 334 334
14 91 111 124 153 240 335 335
15 92 112 125 154 241 336 336
16 93 113 126 155 242 336 336
17 94 114 127 156 243 337 337
18 95 115 128 157 244 338 338
19 96 116 129 158 245 339 339
20 96 116 129 158 245 340 340
21 96 116 129 158 245 340 340
22 96 116 129 158 245 340 340
23 95 115 128 157 245 339 339
24 95 115 127 156 244 338 338
25 94 113 126 155 243 337 337
26 92 112 125 154 241 336 336
27 91 111 124 153 240 335 335
28 90 110 122 151 239 333 333
29 88 108 121 150 237 332 332
30 87 107 120 149 236 330 330

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 6 12 35 154 296 3055
2 0 6 12 34 154 335 2275
3 1 6 14 39 149 349 1717
4 1 6 17 42 145 349 1326
5 1 7 19 43 145 340 1050
6 2 9 21 46 144 327 851
7 2 11 22 47 143 311 704
8 2 11 22 49 142 295 591
9 2 11 24 51 141 278 503
10 4 11 26 52 141 261 433
11 4 11 29 53 141 245 376
12 4 11 32 53 141 235 329
13 4 12 33 53 141 235 290
14 4 12 36 54 141 235 257
15 5 12 39 54 141 236 236
16 6 12 40 54 141 236 236
17 6 14 43 54 142 236 236
18 6 14 46 55 142 237 237
19 7 15 48 55 143 237 237
20 7 16 50 56 144 238 238
21 7 17 53 57 144 239 239
22 8 17 55 60 145 240 240
23 8 19 57 62 146 240 240
24 8 20 60 64 146 241 241
25 9 20 62 65 147 241 241
26 9 22 65 67 147 241 241
27 9 22 67 69 147 242 242
28 10 23 69 71 148 242 242
29 10 24 72 73 148 242 242
30 10 24 74 74 148 243 243

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 61 67 89 209 306 3054
2 49 62 68 90 210 335 2273
3 48 62 70 95 204 349 1715
4 47 62 72 98 201 348 1325
5 47 63 75 99 200 340 1050
6 48 65 77 102 200 327 852
7 48 67 77 102 199 312 704
8 48 67 78 105 198 295 592
9 48 67 79 107 197 292 504
10 47 66 79 108 196 290 434
11 45 65 78 107 195 289 377
12 44 64 77 106 193 287 330
13 43 62 75 104 192 286 291
14 41 61 74 103 190 285 285
15 40 60 73 101 189 283 283
16 38 58 71 100 187 282 282
17 37 57 70 99 186 281 281
18 36 56 69 98 185 280 280
19 35 55 68 97 184 279 279
20 35 55 67 96 184 278 278
21 34 54 67 96 183 278 278
22 34 53 66 95 183 277 277
23 33 53 66 95 182 276 276
24 32 52 65 94 181 276 276
25 31 51 64 93 180 275 275
26 31 51 65 92 180 274 274
27 30 50 67 92 179 274 274
28 29 49 69 91 178 273 273
29 29 49 72 90 178 272 272
30 28 48 74 90 177 272 272

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
1 111 124 131 153 273 369 3220
2 112 125 132 154 274 370 2404
3 113 127 136 160 270 369 1822
4 114 129 139 165 268 371 1415
5 115 131 143 167 268 364 1127
6 117 134 145 170 268 363 919
7 118 136 147 172 268 362 763
8 117 136 147 174 267 362 644
9 117 136 148 176 266 361 550
10 116 136 149 177 266 360 475
11 115 135 148 177 264 359 414
12 114 133 146 175 263 357 363
13 112 132 144 173 261 355 355
14 110 130 142 171 259 353 353
15 108 127 140 169 257 351 351
16 105 125 138 167 254 349 349
17 103 123 136 165 252 346 346
18 101 121 134 163 250 344 344
19 99 119 132 161 248 342 342
20 97 117 130 159 246 341 341
21 95 115 128 157 244 339 339
22 94 113 126 155 243 337 337
23 92 112 125 153 241 335 335
24 90 110 123 152 239 333 333
25 88 108 121 150 237 332 332
26 86 106 119 148 235 330 330
27 85 104 117 146 234 328 328
28 83 103 116 145 232 326 326
29 81 101 114 143 230 325 325
30 80 99 112 141 229 323 323

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
1 164 177 184 206 326 422 3161
2 174 187 193 215 335 431 2387
3 178 192 200 225 334 431 1822
4 179 194 204 230 333 428 1419
5 180 196 208 232 333 428 1131
6 180 197 209 234 332 426 921
7 181 199 210 235 331 425 764
8 179 198 209 236 329 424 643
9 178 198 210 237 328 422 549
10 177 197 210 238 327 421 473
11 176 196 208 237 325 419 419
12 173 193 206 235 322 417 417
13 170 190 203 232 319 414 414
14 167 187 200 229 316 411 411
15 164 184 197 226 313 408 408
16 161 181 194 223 310 405 405
17 158 178 191 220 307 402 402
18 155 175 188 217 304 399 399
19 152 172 185 214 301 396 396
20 149 169 182 211 298 393 393
21 146 166 179 208 295 390 390
22 143 163 176 205 292 387 387
23 140 160 173 202 289 383 383
24 137 157 170 199 286 380 380
25 134 154 167 195 283 377 377
26 131 151 164 192 280 374 374
27 128 148 161 190 277 371 371
28 125 145 158 187 274 368 368
29 122 142 155 184 271 366 366
30 120 139 152 181 269 363 363

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 26 39 45 67 187 304 3144
2 27 40 46 68 188 345 2343
3 26 40 49 73 183 359 1769
4 26 41 51 77 180 359 1367
5 27 42 54 78 180 350 1084
6 27 44 56 81 179 337 879
7 28 46 57 82 178 321 727
8 27 46 57 84 177 304 611
9 26 46 58 86 176 287 520
10 26 46 59 87 175 270 448
11 26 45 58 87 175 269 389
12 25 45 58 87 174 268 340
13 24 44 57 86 173 268 300
14 24 44 57 86 173 267 267
15 24 44 56 85 173 267 267
16 24 43 56 85 173 267 267
17 23 43 56 85 172 267 267
18 23 43 56 85 173 267 267
19 24 43 56 85 173 267 267
20 24 44 56 85 173 267 267
21 24 44 56 85 173 267 267
22 24 44 57 85 173 267 267
23 23 43 59 85 172 267 267
24 23 43 61 85 172 267 267
25 23 43 64 85 172 266 266
26 23 43 66 84 172 266 266
27 22 42 69 84 171 266 266
28 22 42 71 84 171 266 266
29 22 42 73 83 171 265 265
30 21 41 77 83 170 265 265

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 23 36 43 65 185 304 3136
2 25 38 44 66 186 344 2341
3 26 40 48 73 182 359 1769
4 27 42 52 78 181 359 1368
5 29 45 56 80 182 351 1085
6 30 47 59 84 182 338 881
7 32 50 61 86 182 322 729
8 32 51 62 89 182 305 613
9 33 52 64 92 182 288 522
10 33 53 66 94 183 277 449
11 34 54 67 96 183 278 390
12 34 54 67 96 183 278 342
13 34 54 67 96 183 278 301
14 34 54 67 96 183 277 277
15 34 54 67 95 183 277 277
16 33 53 66 95 182 277 277
17 33 53 66 95 182 277 277
18 33 53 66 95 182 277 277
19 33 53 66 95 182 277 277
20 34 54 67 95 183 277 277
21 34 54 67 96 183 277 277
22 34 54 67 96 183 277 277
23 34 53 66 95 183 277 277
24 33 53 66 95 182 277 277
25 33 53 66 95 182 276 276
26 32 52 67 94 181 276 276
27 32 52 70 94 181 275 275
28 31 51 72 93 180 275 275
29 31 51 75 92 180 274 274
30 30 50 77 92 179 274 274

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
1 122 134 141 163 283 379 3254
2 120 133 140 162 282 378 2433
3 119 132 141 166 275 373 1842
4 118 133 143 169 272 373 1426
5 118 134 146 170 271 365 1131
6 118 135 146 171 269 364 919
7 118 136 147 172 268 363 760
8 118 136 148 174 268 362 639
9 117 136 148 176 266 361 545
10 116 136 149 177 266 360 469
11 116 136 149 177 265 359 407
12 115 135 147 176 264 358 358
13 113 133 146 175 262 357 357
14 112 132 145 174 261 356 356
15 110 130 143 172 259 353 353
16 108 128 141 170 257 351 351
17 105 125 138 167 254 349 349
18 103 123 136 165 252 346 346
19 101 121 134 163 250 344 344
20 99 119 131 160 248 342 342
21 96 116 129 158 245 340 340
22 94 114 127 156 243 338 338
23 92 112 125 154 241 335 335
24 90 110 123 152 239 333 333
25 88 108 120 149 237 331 331
26 85 105 118 147 235 329 329
27 83 103 116 145 232 327 327
28 81 101 114 143 230 325 325
29 79 99 112 141 228 323 323
30 77 97 110 139 226 321 321

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 7 13 35 155 296 3051
2 0 9 15 37 157 335 2273
3 1 10 19 44 153 349 1716
4 1 13 23 48 152 349 1326
5 1 15 27 51 153 340 1051
6 2 18 30 55 153 327 853
7 3 21 32 57 153 312 705
8 3 22 33 60 153 296 593
9 3 23 35 63 153 279 505
10 4 23 36 65 153 262 434
11 4 24 36 65 153 247 377
12 4 23 36 65 152 247 330
13 4 23 36 65 152 247 290
14 4 23 36 65 152 246 257
15 5 23 39 65 152 246 246
16 6 22 40 64 151 246 246
17 6 22 43 64 151 246 246
18 6 22 46 64 151 246 246
19 7 22 48 64 152 246 246
20 7 23 50 65 152 247 247
21 7 23 53 65 153 247 247
22 8 24 54 66 153 247 247
23 8 24 57 66 153 248 248
24 8 24 59 66 153 248 248
25 9 24 62 66 154 248 248
26 9 25 64 67 154 248 248
27 9 25 67 69 154 248 248
28 10 25 69 71 154 248 248
29 10 25 72 72 154 248 248
30 10 25 74 74 154 248 248

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 31 44 50 73 192 298 3074
2 31 44 51 73 193 337 2289
3 30 44 52 77 186 351 1728
4 29 44 54 80 183 351 1335
5 29 44 56 80 182 342 1057
6 31 48 60 85 183 329 857
7 29 47 58 83 179 313 708
8 33 52 63 89 183 296 595
9 32 51 63 91 182 280 506
10 27 47 59 88 176 271 435
11 23 42 55 84 172 266 378
12 19 39 52 81 168 263 330
13 17 37 50 79 166 260 291
14 15 35 48 77 164 258 258
15 13 33 46 75 162 257 257
16 12 32 45 74 161 255 255
17 11 31 44 73 160 255 255
18 10 30 46 72 159 254 254
19 10 30 47 72 159 254 254
20 10 30 50 72 159 254 254
21 10 30 53 72 159 254 254
22 10 30 54 72 159 254 254
23 10 30 57 72 159 253 253
24 10 30 59 72 159 253 253
25 10 30 62 72 159 253 253
26 10 30 64 71 159 253 253
27 10 29 67 71 159 253 253
28 10 29 69 71 158 253 253
29 10 29 72 72 158 253 253
30 10 29 74 74 158 253 253

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
1 196 209 215 237 357 454 3493
2 192 205 212 234 354 450 2628
3 187 201 209 234 343 440 1996
4 182 197 207 233 336 431 1549
5 178 194 206 230 331 426 1232
6 175 192 203 228 326 421 1003
7 172 190 201 226 322 416 832
8 167 186 197 224 317 412 702
9 163 183 195 223 313 407 600
10 159 179 192 220 309 403 518
11 156 175 188 217 305 399 450
12 151 171 184 213 301 395 395
13 148 167 180 209 297 391 391
14 144 164 176 205 293 387 387
15 140 160 173 202 289 384 384
16 137 157 169 198 286 380 380
17 133 153 166 195 283 377 377
18 130 150 163 192 279 374 374
19 128 147 160 189 277 371 371
20 125 145 158 187 274 368 368
21 122 142 155 184 271 366 366
22 119 139 152 181 268 363 363
23 117 137 149 178 266 360 360
24 114 134 147 176 263 358 358
25 112 131 144 173 261 355 355
26 109 129 142 171 258 353 353
27 107 127 139 168 256 350 350
28 104 124 137 166 253 348 348
29 102 122 135 164 251 346 346
30 100 120 133 162 249 343 343

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 15 26 52 172 297 3056
2 0 15 26 52 172 335 2274
3 1 17 28 57 169 349 1715
4 1 20 32 62 167 348 1325
5 2 23 37 67 168 340 1050
6 5 27 39 69 169 327 851
7 7 31 42 72 169 312 704
8 10 34 46 74 169 295 592
9 11 37 50 76 169 278 504
10 12 39 51 77 169 264 434
11 13 40 53 78 169 264 377
12 14 41 54 80 169 264 330
13 15 43 55 80 169 264 290
14 15 44 55 80 169 264 264
15 15 44 55 80 169 264 264
16 15 44 55 80 169 263 263
17 15 44 55 80 169 263 263
18 15 44 55 80 169 263 263
19 15 44 55 80 169 264 264
20 15 44 55 80 169 264 264
21 15 44 55 80 170 264 264
22 15 44 55 80 170 264 264
23 15 44 57 80 170 264 264
24 15 44 59 80 170 264 264
25 15 44 62 80 170 264 264
26 15 44 64 80 169 264 264
27 15 44 66 80 169 264 264
28 15 44 68 80 169 263 263
29 15 44 71 80 169 263 263
30 15 44 73 80 168 263 263

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 13 133 296 3047
2 0 1 6 14 132 334 2268
3 1 1 9 17 125 348 1711
4 1 3 11 19 121 347 1321
5 1 4 14 22 120 339 1046
6 2 4 16 25 120 326 848
7 2 6 19 27 120 310 701
8 2 6 22 30 120 293 589
9 2 7 24 31 120 277 501
10 4 8 26 34 120 260 431
11 4 9 29 36 120 244 374
12 4 9 31 38 120 229 327
13 4 10 33 41 120 215 288
14 4 11 36 43 120 215 255
15 5 12 38 44 121 215 227
16 6 12 40 47 121 215 215
17 6 14 43 49 121 216 216
18 6 14 45 51 122 216 216
19 7 15 47 53 122 217 217
20 7 16 50 54 123 217 217
21 7 17 52 57 123 218 218
22 7 17 54 59 124 218 218
23 8 19 57 60 126 218 218
24 8 19 59 62 128 219 219
25 8 20 61 64 129 219 219
26 9 21 63 66 130 219 219
27 9 22 66 68 131 219 219
28 10 22 68 70 132 219 219
29 10 24 70 72 133 219 219
30 10 24 73 74 135 219 219

ANNEX III

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

Currency National insurance market Volatility adjustment (in bps)
Euro Austria 19
Euro Belgium 19
Euro Cyprus 19
Euro Estonia 19
Euro Finland 19
Euro France 19
Euro Germany 19
Euro Greece 19
Euro Ireland 19
Euro Italy 19
Euro Latvia 19
Euro Lithuania 19
Euro Luxembourg 19
Euro Malta 19
Euro Netherlands 19
Euro Portugal 19
Euro Slovakia 19
Euro Slovenia 19
Euro Spain 19
Czech koruna Czech Republic 13
Danish krone Denmark 31
Forint Hungary 5
Krona Sweden 17
Kuna Croatia 6
Lev Bulgaria 11
Pound sterling United Kingdom 27
Romanian leu Romania 6
Zloty Poland 9
Króna Iceland 14
Norwegian krone Norway 36
Swiss franc Liechtenstein 15
Swiss franc Switzerland 15
Australian dollar Australia 10
Canadian dollar Canada 29
Renminbi-yuan China 54
Hong Kong dollar Hong Kong 8
US dollar United States 53
Yen Japan 12

Reading this document does not replace reading the official text published in the Official Journal of the European Union. We assume no responsibility for any inaccuracies arising from the conversion of the original to this format.

This text is published under EUR-Lex's own terms of reuse, not a Legalize or public-domain licence. EUR-Lex
Creative Commons Attribution 4.0 International (CC BY 4.0)
© European Union, https://eur-lex.europa.eu — Source: EUR-Lex (Publications Office of the European Union). Reused under the Creative Commons Attribution 4.0 International (CC BY 4.0) licence. Only EU legislation published in the printed Official Journal of the European Union is deemed authentic; consolidated texts are reproduced here for documentation purposes and have been reformatted to Markdown.