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Commission Implementing Regulation (EU) 2023/2574 of 20 November 2023 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 30 September 2023 until 30 December 2023 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

Type Implementing Regulation
Publication 2023-11-21
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 11 23 30 51 167 299 3 070
2 15 27 33 54 170 340 2 305
3 17 30 39 62 168 355 1 752
4 20 34 44 68 168 356 1 361
5 22 37 48 72 170 348 1 082
6 22 38 49 73 168 336 880
7 27 44 54 78 171 321 729
8 26 44 54 80 170 304 613
9 27 45 57 83 171 287 523
10 29 47 60 87 172 271 451
11 30 49 61 88 173 266 392
12 31 50 62 89 174 267 343
13 32 50 63 90 175 267 303
14 32 51 63 90 175 268 268
15 32 51 63 90 175 268 268
16 32 50 63 90 175 268 268
17 32 51 63 90 175 268 268
18 32 50 63 90 174 267 267
19 31 50 62 89 174 267 267
20 32 50 62 90 174 267 267
21 32 50 62 89 174 267 267
22 31 50 62 89 174 267 267
23 31 50 62 89 174 267 267
24 31 49 62 89 173 266 266
25 30 49 64 88 173 266 266
26 30 48 67 88 173 265 265
27 29 48 69 87 172 265 265
28 29 47 71 87 172 264 264
29 28 47 74 86 171 264 264
30 28 46 76 86 171 263 263

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 14 26 32 53 169 312 3 219
2 14 27 33 54 170 354 2 412
3 15 28 36 60 166 369 1 826
4 15 29 39 64 164 368 1 413
5 16 31 42 66 164 359 1 120
6 18 33 45 69 164 345 908
7 19 36 46 71 164 329 751
8 19 37 48 73 163 312 631
9 20 38 49 76 164 294 538
10 20 39 51 78 164 277 463
11 21 39 51 79 164 260 402
12 21 39 52 79 164 257 352
13 21 39 52 79 164 257 310
14 21 39 52 79 164 257 274
15 21 39 52 79 164 257 257
16 21 39 52 79 164 256 256
17 21 39 52 79 164 257 257
18 21 39 52 79 164 256 256
19 21 39 52 79 164 256 256
20 21 39 52 79 164 257 257
21 21 39 55 79 164 256 256
22 20 39 58 78 163 256 256
23 20 39 60 78 163 256 256
24 20 38 63 78 162 255 255
25 19 38 65 77 162 255 255
26 19 37 68 77 161 254 254
27 18 37 70 76 161 254 254
28 18 36 73 76 161 253 253
29 17 36 75 75 160 253 253
30 17 35 77 75 160 253 253

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 48 60 67 88 204 322 3 331
2 50 62 69 89 205 363 2 484
3 52 65 73 97 203 378 1 880
4 53 67 77 101 202 378 1 456
5 55 69 81 104 202 369 1 155
6 57 73 84 108 203 355 937
7 58 75 85 110 203 338 775
8 58 76 86 112 202 321 651
9 59 76 88 114 202 302 554
10 59 77 89 116 202 295 477
11 59 77 90 117 202 295 414
12 58 77 89 117 201 294 362
13 58 76 89 116 201 294 319
14 57 76 88 115 200 293 293
15 56 75 87 114 199 292 292
16 56 74 87 114 199 291 291
17 55 74 86 113 198 291 291
18 55 73 85 113 197 290 290
19 54 73 85 112 197 290 290
20 53 72 84 111 196 289 289
21 53 71 84 111 196 288 288
22 52 70 83 110 195 288 288
23 51 70 82 109 194 287 287
24 50 69 81 108 193 286 286
25 49 68 80 107 192 285 285
26 48 67 79 106 191 284 284
27 47 66 78 105 190 283 283
28 46 65 77 104 189 282 282
29 46 64 76 104 188 281 281
30 45 63 79 103 188 280 280

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 79 91 98 119 235 334 3 466
2 84 96 103 124 240 381 2 615
3 86 98 107 130 236 400 1 992
4 86 100 110 134 234 401 1 549
5 89 104 115 139 237 393 1 233
6 92 108 119 143 238 380 1 002
7 94 111 121 146 238 363 830
8 95 113 124 149 240 344 698
9 97 115 126 153 241 333 595
10 97 116 128 155 241 334 513
11 97 116 128 155 240 333 445
12 97 115 128 155 240 333 389
13 96 114 127 154 239 331 343
14 94 113 125 152 237 330 330
15 93 112 124 151 236 329 329
16 92 110 123 150 234 327 327
17 90 109 121 148 233 326 326
18 89 107 120 147 232 325 325
19 88 106 118 146 230 323 323
20 86 105 117 144 229 322 322
21 85 103 116 143 227 320 320
22 83 102 114 141 226 319 319
23 81 100 112 139 224 317 317
24 80 98 111 138 222 315 315
25 78 96 109 136 221 314 314
26 76 95 107 134 219 312 312
27 74 93 105 132 217 310 310
28 73 91 104 131 216 309 309
29 71 90 102 129 214 307 307
30 70 88 100 128 212 305 305

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 8 20 26 47 163 310 3 202
2 10 22 29 50 166 352 2 397
3 12 25 33 57 163 367 1 816
4 14 27 37 62 162 367 1 407
5 16 30 42 65 163 358 1 118
6 17 33 44 68 163 345 907
7 19 36 46 71 163 329 751
8 19 37 48 73 164 312 631
9 20 38 49 76 163 294 537
10 20 38 51 78 163 277 463
11 20 39 51 78 163 260 402
12 20 39 51 78 163 256 352
13 20 38 50 78 162 255 310
14 19 38 50 77 162 255 274
15 18 37 49 76 161 254 254
16 18 36 49 76 161 253 253
17 18 36 48 75 160 253 253
18 17 36 48 75 160 253 253
19 17 36 51 75 160 253 253
20 17 36 53 75 160 253 253
21 18 36 55 76 160 253 253
22 18 36 58 76 160 253 253
23 17 36 60 75 160 253 253
24 17 36 63 75 160 253 253
25 17 36 65 75 160 253 253
26 17 36 68 75 160 253 253
27 17 35 70 75 160 253 253
28 17 35 73 75 159 252 252
29 16 35 75 74 159 252 252
30 16 35 77 75 159 252 252

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 89 101 108 129 244 339 3 308
2 90 102 109 130 246 364 2 489
3 91 103 112 135 241 381 1 892
4 91 105 115 140 240 382 1 468
5 92 107 118 142 240 373 1 166
6 93 109 120 145 239 359 947
7 95 112 122 146 239 343 783
8 95 112 123 148 239 332 659
9 95 112 124 150 238 331 561
10 94 112 124 151 237 330 483
11 92 111 123 150 236 328 419
12 91 109 122 149 234 327 367
13 89 108 120 147 232 325 325
14 88 106 119 146 231 323 323
15 86 105 117 144 229 322 322
16 84 103 115 142 227 320 320
17 83 101 114 141 226 319 319
18 81 100 112 139 224 317 317
19 80 99 111 138 223 316 316
20 79 98 110 137 222 315 315
21 78 97 109 136 221 314 314
22 77 96 108 135 220 313 313
23 76 94 107 134 219 312 312
24 75 93 106 133 217 310 310
25 73 92 104 131 216 309 309
26 72 91 103 130 215 308 308
27 71 90 102 129 214 307 307
28 70 88 101 128 213 306 306
29 69 87 100 127 212 304 304
30 68 86 98 126 210 303 303

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
1 300 312 318 339 455 549 3 552
2 84 96 102 123 239 385 2 648
3 85 98 106 130 236 399 1 999
4 87 101 111 135 235 398 1 544
5 89 104 115 138 236 388 1 223
6 91 107 118 142 237 374 992
7 93 109 120 144 237 356 820
8 94 111 122 147 238 338 689
9 94 112 124 150 238 331 586
10 94 113 125 152 238 331 504
11 95 113 126 153 238 331 438
12 95 113 126 153 238 331 382
13 95 114 126 153 238 331 336
14 96 114 127 154 238 331 331
15 96 115 127 154 239 332 332
16 97 116 128 155 240 333 333
17 98 116 129 156 241 334 334
18 99 117 130 157 242 334 334
19 99 118 130 157 242 335 335
20 100 118 131 158 243 336 336
21 100 118 131 158 243 335 335
22 99 118 130 157 242 335 335
23 99 117 129 157 241 334 334
24 98 116 128 156 240 333 333
25 96 115 127 154 239 332 332
26 95 114 126 153 238 331 331
27 94 112 125 152 237 329 329
28 92 111 123 150 235 328 328
29 91 109 122 149 234 327 327
30 89 108 120 147 232 325 325

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
en1 0 5 12 33 149 292 2 996
2 0 5 12 33 148 332 2 249
3 1 6 14 37 144 347 1 708
4 1 6 16 41 141 348 1 326
5 1 7 19 42 140 340 1 054
6 2 9 20 44 139 327 856
7 2 11 21 46 139 312 709
8 2 11 22 47 138 296 597
9 4 11 24 49 137 279 508
10 4 11 27 51 137 263 438
11 4 12 29 51 136 247 381
12 4 12 31 52 136 232 333
13 5 12 34 52 137 229 294
14 5 12 37 52 137 230 260
15 6 13 38 52 137 230 232
16 6 13 41 53 137 230 230
17 6 15 44 53 138 231 231
18 6 15 45 54 139 231 231
19 7 16 48 54 139 232 232
20 7 17 51 55 140 233 233
21 8 18 53 56 141 234 234
22 9 18 55 58 142 235 235
23 9 20 58 60 142 235 235
24 9 20 60 61 143 236 236
25 10 22 63 63 143 236 236
26 10 22 65 65 143 236 236
27 10 23 68 67 144 237 237
28 11 24 70 69 144 237 237
29 11 25 72 71 144 237 237
30 12 26 75 73 144 237 237

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 46 58 64 85 201 314 3 246
2 46 58 65 86 202 357 2 432
3 46 59 67 91 197 371 1 842
4 46 59 69 94 194 371 1 426
5 46 60 72 95 193 362 1 131
6 47 63 74 98 193 349 918
7 47 64 74 99 191 332 760
8 47 64 75 101 191 315 639
9 47 65 76 103 190 297 544
10 46 64 76 103 189 282 468
11 45 63 76 103 188 281 407
12 44 62 75 102 187 280 356
13 42 61 73 100 185 278 314
14 41 60 72 99 184 277 278
15 40 59 71 98 183 276 276
16 39 57 70 97 182 275 275
17 38 57 69 96 181 274 274
18 37 56 68 95 180 273 273
19 36 55 67 94 179 272 272
20 36 55 67 94 179 272 272
21 36 54 66 94 178 271 271
22 35 54 66 93 178 271 271
23 34 53 65 92 177 270 270
24 34 52 65 92 177 269 269
25 33 52 66 91 176 269 269
26 32 51 68 90 175 268 268
27 32 50 70 90 174 267 267
28 31 49 74 89 174 267 267
29 30 49 76 88 173 266 266
30 30 48 79 88 173 265 265

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
1 108 120 127 148 264 358 3 388
2 110 122 128 149 265 372 2 545
3 111 124 133 156 262 389 1 935
4 113 127 137 161 261 390 1 504
5 115 130 141 164 262 383 1 198
6 117 133 144 168 263 370 976
7 119 135 146 170 263 356 810
8 119 136 147 173 263 356 682
9 119 137 149 175 263 356 583
10 119 138 150 177 263 356 503
11 119 137 150 177 262 355 437
12 118 136 149 176 261 354 383
13 116 135 147 174 259 352 352
14 115 133 146 173 258 351 351
15 113 132 144 171 256 349 349
16 111 130 142 169 254 347 347
17 109 128 140 167 252 345 345
18 107 126 138 165 250 343 343
19 106 124 137 164 248 341 341
20 104 123 135 162 247 340 340
21 102 121 133 160 245 338 338
22 101 119 131 158 243 336 336
23 99 117 130 157 242 334 334
24 97 115 128 155 240 332 332
25 95 113 126 153 238 331 331
26 93 112 124 151 236 329 329
27 91 110 122 149 234 327 327
28 89 108 120 147 232 325 325
29 88 106 119 146 231 323 323
30 86 105 117 144 229 322 322

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
1 162 174 180 201 317 412 3 500
2 170 182 189 209 325 420 2 623
3 174 187 195 219 325 420 1 997
4 176 190 200 225 325 418 1 553
5 178 192 204 227 325 418 1 236
6 179 194 205 230 324 417 1 006
7 179 196 206 231 324 416 833
8 178 196 207 232 323 415 701
9 178 196 207 234 322 414 598
10 177 196 208 235 321 413 515
11 176 194 207 234 319 412 447
12 174 192 205 232 317 410 410
13 171 190 202 229 314 407 407
14 169 187 199 227 311 404 404
15 166 184 197 224 309 401 401
16 163 181 194 221 306 399 399
17 160 178 191 218 303 396 396
18 157 176 188 215 300 393 393
19 154 173 185 212 297 390 390
20 151 170 182 209 294 387 387
21 148 167 179 206 291 384 384
22 145 164 176 203 288 381 381
23 142 161 173 200 285 378 378
24 139 158 170 197 282 375 375
25 136 155 167 194 279 372 372
26 133 152 164 191 276 369 369
27 130 149 161 188 273 366 366
28 127 146 158 185 270 363 363
29 125 143 156 183 267 360 360
30 122 141 153 180 265 358 358

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 38 45 65 181 297 3 047
2 27 39 45 66 182 338 2 289
3 27 40 48 71 178 353 1 740
4 27 41 51 75 175 354 1 352
5 28 42 54 77 175 347 1 076
6 29 44 55 80 174 334 875
7 30 46 57 81 174 319 725
8 29 46 57 82 173 303 610
9 28 46 58 84 172 286 520
10 28 46 59 86 172 269 448
11 28 46 59 86 171 264 389
12 27 46 58 86 170 263 341
13 27 46 58 85 170 263 301
14 27 45 58 85 170 263 266
15 27 45 57 85 169 262 262
16 27 45 57 85 169 262 262
17 27 45 58 85 169 262 262
18 27 45 58 85 170 262 262
19 27 45 58 85 170 263 263
20 27 46 58 85 170 263 263
21 27 46 58 85 170 263 263
22 27 46 58 85 170 263 263
23 27 45 59 85 170 263 263
24 27 45 61 85 169 262 262
25 26 45 64 84 169 262 262
26 26 45 66 84 169 262 262
27 26 44 69 84 169 261 261
28 25 44 71 83 168 261 261
29 25 44 74 83 168 261 261
30 25 43 76 83 168 260 260

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 24 36 43 63 179 302 3 112
2 26 38 44 65 181 345 2 340
3 27 40 48 72 178 361 1 780
4 29 42 53 77 177 362 1 383
5 31 45 57 80 178 354 1 100
6 32 48 59 83 178 341 894
7 34 51 62 86 179 326 741
8 35 52 63 88 179 309 623
9 35 53 65 91 179 292 531
10 36 54 67 94 180 275 457
11 37 55 68 95 180 273 398
12 37 56 68 95 180 273 348
13 37 56 68 95 180 273 307
14 37 56 68 95 180 273 273
15 37 56 68 95 180 273 273
16 37 56 68 95 180 273 273
17 37 56 68 95 180 273 273
18 37 56 68 95 180 273 273
19 38 56 68 96 180 273 273
20 38 56 69 96 181 274 274
21 38 57 69 96 181 274 274
22 38 56 69 96 181 274 274
23 38 56 69 96 180 273 273
24 37 56 68 95 180 273 273
25 37 55 68 95 180 272 272
26 36 55 68 94 179 272 272
27 36 54 70 94 179 271 271
28 35 54 73 93 178 271 271
29 34 53 75 92 177 270 270
30 34 52 77 92 177 270 270

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
1 122 135 141 162 278 372 3 780
2 121 133 140 160 276 399 2 764
3 120 133 141 164 271 412 2 078
4 119 133 143 168 268 412 1 608
5 120 135 146 169 267 403 1 277
6 120 136 147 171 266 388 1 037
7 121 138 148 172 265 371 858
8 120 138 149 174 265 357 721
9 120 138 149 176 264 356 614
10 120 138 150 177 263 356 528
11 119 138 150 177 262 355 458
12 118 137 149 176 261 354 400
13 117 136 148 175 260 353 353
14 116 135 147 174 259 352 352
15 114 133 145 172 257 350 350
16 112 131 143 170 255 348 348
17 110 128 141 168 253 346 346
18 108 126 139 166 251 344 344
19 106 124 137 164 249 342 342
20 104 122 135 162 247 339 339
21 102 120 132 159 244 337 337
22 99 118 130 157 242 335 335
23 97 116 128 155 240 333 333
24 95 113 126 153 238 331 331
25 93 111 124 151 236 328 328
26 91 109 121 149 233 326 326
27 88 107 119 146 231 324 324
28 86 105 117 144 229 322 322
29 84 103 115 142 227 320 320
30 82 101 113 140 225 318 318

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 9 15 36 152 304 3 136
2 0 10 17 38 154 346 2 351
3 1 12 21 44 150 361 1 784
4 1 14 24 49 149 361 1 384
5 2 17 28 52 150 353 1 099
6 4 20 31 55 150 340 893
7 6 23 33 58 150 324 739
8 6 24 34 60 150 307 621
9 7 24 36 62 150 290 529
10 7 25 37 64 150 273 456
11 7 25 38 65 150 256 396
12 7 25 38 65 150 242 346
13 6 25 37 64 149 242 305
14 6 25 38 64 149 242 270
15 6 25 40 64 149 242 242
16 6 24 42 64 149 241 241
17 6 24 45 64 149 242 242
18 6 24 48 64 149 242 242
19 8 25 50 64 149 242 242
20 8 25 52 65 149 242 242
21 8 25 55 65 150 243 243
22 9 26 57 65 150 243 243
23 9 26 59 65 150 243 243
24 9 26 62 66 150 243 243
25 10 26 64 66 151 243 243
26 10 26 67 67 151 243 243
27 11 26 69 69 151 244 244
28 11 26 71 71 151 244 244
29 11 26 74 73 151 244 244
30 12 27 76 75 151 244 244

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 42 49 69 185 305 3 143
2 30 42 49 70 186 347 2 359
3 29 42 50 74 180 362 1 790
4 28 42 52 77 177 363 1 389
5 28 43 54 78 176 354 1 103
6 31 47 58 82 177 341 896
7 29 46 56 81 174 325 742
8 32 50 61 86 177 309 624
9 32 50 61 88 176 291 531
10 27 46 58 85 171 274 457
11 23 42 54 81 166 259 397
12 20 39 51 79 163 256 348
13 18 37 49 76 161 254 306
14 16 35 47 74 159 252 271
15 15 34 46 73 158 251 251
16 14 32 45 72 157 249 249
17 13 32 45 71 156 249 249
18 12 31 48 70 155 248 248
19 12 31 50 70 155 248 248
20 12 31 52 70 155 248 248
21 12 31 55 70 155 248 248
22 12 31 57 70 155 248 248
23 12 31 60 70 155 248 248
24 12 30 62 70 155 248 248
25 12 30 64 70 155 247 247
26 12 30 67 70 154 247 247
27 11 30 69 69 154 247 247
28 11 30 71 71 154 247 247
29 11 30 74 73 154 247 247
30 12 30 77 75 154 247 247

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
1 206 218 225 246 362 456 4 418
2 203 215 222 242 358 483 3 401
3 198 211 219 243 349 508 2 598
4 194 208 218 242 342 509 2 012
5 190 205 216 240 337 497 1 591
6 187 203 214 238 333 477 1 284
7 184 201 211 236 328 454 1 056
8 180 197 208 234 324 429 883
9 176 194 206 232 320 413 747
10 173 191 203 230 316 409 639
11 169 187 200 227 312 405 552
12 165 183 196 223 308 401 480
13 161 179 192 219 304 397 421
14 157 176 188 215 300 393 393
15 153 172 184 211 296 389 389
16 150 168 181 208 293 386 386
17 147 165 177 205 289 382 382
18 143 162 174 201 286 379 379
19 140 159 171 198 283 376 376
20 137 156 168 195 280 373 373
21 135 153 165 193 277 370 370
22 132 150 163 190 274 367 367
23 129 147 160 187 272 364 364
24 126 144 157 184 269 362 362
25 123 142 154 181 266 359 359
26 120 139 151 178 263 356 356
27 118 136 149 176 261 353 353
28 115 134 146 173 258 351 351
29 113 131 144 171 256 348 348
30 110 129 141 168 253 346 346

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 25 50 168 312 3 222
2 0 14 25 50 168 353 2 406
3 1 17 28 55 164 367 1 821
4 1 20 31 60 163 367 1 410
5 3 23 36 66 164 358 1 119
6 6 27 39 68 164 345 908
7 8 31 42 70 165 329 751
8 11 34 46 74 165 311 631
9 13 37 50 76 165 294 537
10 14 39 51 77 165 277 463
11 15 41 53 78 165 260 402
12 16 42 54 79 165 257 352
13 16 43 55 80 165 257 310
14 17 44 55 80 165 257 274
15 17 44 55 81 164 257 257
16 17 44 56 81 164 257 257
17 17 45 56 81 164 257 257
18 17 45 56 81 164 257 257
19 17 45 56 81 164 257 257
20 17 45 56 81 165 258 258
21 17 45 56 81 165 258 258
22 17 45 58 81 165 258 258
23 17 45 60 81 165 258 258
24 17 45 63 81 164 257 257
25 17 45 65 81 164 257 257
26 17 45 68 81 164 257 257
27 17 45 70 81 164 257 257
28 17 45 73 81 163 256 256
29 17 45 75 81 163 256 256
30 17 45 77 81 163 255 255

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 4 13 129 288 2 955
2 0 1 6 13 127 329 2 221
3 1 1 8 16 121 344 1 689
4 1 3 11 18 118 345 1 312
5 1 4 13 21 118 337 1 044
6 2 4 16 24 117 325 849
7 2 6 19 26 117 310 704
8 2 6 21 29 117 294 593
9 4 7 24 30 117 278 505
10 4 9 27 33 117 262 436
11 4 9 29 35 117 246 379
12 4 10 31 37 117 231 332
13 5 11 34 40 117 217 292
14 5 11 37 42 118 210 259
15 6 13 38 44 118 211 231
16 6 13 41 46 118 211 211
17 6 15 44 47 119 211 211
18 6 15 45 50 119 212 212
19 7 16 48 51 122 212 212
20 7 17 51 54 123 213 213
21 8 18 53 55 126 213 213
22 9 18 55 58 127 214 214
23 9 20 57 59 128 214 214
24 9 20 60 61 131 214 214
25 10 21 62 63 132 214 214
26 10 22 65 65 133 214 214
27 10 23 67 67 134 214 214
28 11 24 70 69 135 214 214
29 11 25 72 70 137 214 214
30 12 25 75 72 137 214 214

ANNEX III

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

Currency National insurance market Volatility adjustment (in bps)
Euro Austria 21
Euro Belgium 21
Euro Croatia 21
Euro Cyprus 21
Euro Estonia 21
Euro Finland 21
Euro France 21
Euro Germany 21
Euro Greece 21
Euro Ireland 21
Euro Italy 21
Euro Latvia 21
Euro Lithuania 21
Euro Luxembourg 21
Euro Malta 21
Euro Netherlands 21
Euro Portugal 21
Euro Slovakia 21
Euro Slovenia 21
Euro Spain 21
Czech koruna Czechia 13
Danish krone Denmark 28
Forint Hungary 11
Krona Sweden 0
Lev Bulgaria 11
Pound sterling United Kingdom 19
Romanian leu Romania 10
Zloty Poland 9
Króna Iceland 55
Norwegian krone Norway 25
Swiss franc Liechtenstein -3
Swiss franc Switzerland -3
Australian dollar Australia 6
Canadian dollar Canada 29
Renminbi-yuan China 1
Hong Kong dollar Hong Kong 4
US dollar United States 53
Yen Japan -2

ELI: http://data.europa.eu/eli/reg_impl/2023/2574/oj

ISSN 1977-0677 (electronic edition)

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