Commission Implementing Regulation (EU) 2021/744 of 6 May 2021 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 31 March 2021 until 29 June 2021 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 ReinsuranceText with EEA relevance.

Commission Implementing Regulation (EU) 2021/744 of 6 May 2021 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 31 March 2021 until 29 June 2021 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) THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) OJ L 335, 17.12.2009, p.1. , and in particular the third subparagraph of Article 77e(2) thereof, Whereas: (1) In order to ensure uniform conditions for the calculation of technical provisions and basic own funds by insurance and reinsurance undertakings for the purposes of Directive 2009/138/EC, technical information on relevant risk-free interest rate term structures, fundamental spreads for the calculation of the matching adjustment and volatility adjustments should be laid down for every reference date. (2) Insurance and re-insurance undertakings should use the technical information, which is based on market data related to the end of the last month preceding the first reporting reference date to which this Regulation applies. On 8 April 2021, the European Insurance and Occupational Pensions Authority provided the Commission with the technical information related to end of March 2021 market data. That information was published on 8 April 2021 in accordance with Article 77e(1) of Directive 2009/138/EC. (3) Given the need for the immediate availability of the technical information, it is important that this Regulation enters into force as a matter of urgency. (4) For prudential reasons it is necessary that insurance and reinsurance undertakings use the same technical information for calculating technical provisions and basic own funds irrespective of the date on which they report to their competent authorities. This Regulation should therefore apply from the first reporting reference date to which this Regulation applies. (5) To provide legal certainty as soon as possible, it is duly justified on imperative grounds of urgency related to the availability of the relevant risk-free interest rate term structure that measures provided for in this Regulation be adopted in accordance with Article 8, in conjunction with Article 4, of Regulation (EU) No 182/2011 of the European Parliament and of the Council Regulation (EU) No 182/2011 of the European Parliament and of the Council of 16 February 2011 laying down the rules and general principles concerning mechanisms for control by Member States of the Commission's exercise of implementing powers (OJ L 55, 28.2.2011, p. 13). , HAS ADOPTED THIS REGULATION:

Article 1

1. Insurance and reinsurance undertakings shall use the technical information referred to in paragraph 2 when calculating technical provisions and basic own funds for reporting with reference dates from 31 March 2021 until 29 June 2021.

1. For each relevant currency, the technical information used to calculate the best estimate in accordance with Article 77 of Directive 2009/138/EC, the matching adjustment in accordance with Article 77c of that Directive and the volatility adjustment in accordance with Article 77d of that Directive shall be the following: (a) the relevant risk-free rate term structures set out in Annex I; (b) the fundamental spreads for the calculation of the matching adjustment set out in Annex II; (c) for each relevant national insurance market, the volatility adjustments set out in Annex III.

Article 2

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union. It shall apply from 31 March 2021. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 6 May 2021. For the Commission The President Ursula von der Leyen

Annex

ANNEX I Relevant risk-free interest rate term structures to calculate the best estimate, without any matching adjustment or volatility adjustment Term to maturity (in years)EuroCzech korunaDanish kroneForintKronaKuna1-0,615%0,455%-0,625%0,630%-0,136%-0,226%2-0,595%0,877%-0,605%0,926%-0,088%-0,113%3-0,545%1,187%-0,555%1,218%-0,008%-0,009%4-0,488%1,397%-0,498%1,476%0,105%0,085%5-0,406%1,527%-0,416%1,708%0,224%0,187%6-0,326%1,593%-0,336%1,911%0,335%0,300%7-0,258%1,626%-0,268%2,090%0,439%0,425%8-0,166%1,649%-0,176%2,246%0,514%0,562%9-0,104%1,671%-0,114%2,385%0,590%0,707%10-0,029%1,699%-0,039%2,502%0,696%0,844%110,035%1,735%0,025%2,607%0,845%0,970%120,099%1,777%0,088%2,701%1,010%1,087%130,153%1,822%0,143%2,787%1,173%1,195%140,202%1,870%0,192%2,865%1,325%1,295%150,249%1,918%0,238%2,937%1,464%1,389%160,278%1,966%0,267%3,003%1,590%1,477%170,297%2,015%0,287%3,063%1,704%1,558%180,315%2,062%0,305%3,119%1,806%1,635%190,340%2,108%0,330%3,171%1,899%1,707%200,375%2,153%0,365%3,220%1,983%1,775%210,423%2,196%0,413%3,265%2,059%1,838%220,480%2,238%0,470%3,308%2,128%1,898%230,544%2,278%0,534%3,348%2,191%1,955%240,612%2,317%0,602%3,385%2,250%2,008%250,681%2,354%0,672%3,421%2,303%2,058%260,752%2,389%0,743%3,454%2,353%2,106%270,823%2,423%0,814%3,486%2,399%2,151%280,892%2,456%0,884%3,516%2,441%2,194%290,961%2,487%0,953%3,544%2,481%2,235%301,028%2,517%1,020%3,571%2,518%2,274%311,093%2,545%1,085%3,596%2,553%2,310%321,156%2,573%1,149%3,621%2,586%2,346%331,218%2,599%1,210%3,644%2,616%2,379%341,277%2,624%1,269%3,666%2,645%2,411% 351,334%2,648%1,327%3,687%2,672%2,441%361,389%2,671%1,382%3,707%2,698%2,470%371,441%2,693%1,435%3,726%2,722%2,498%381,492%2,715%1,486%3,745%2,745%2,524%391,541%2,735%1,535%3,762%2,767%2,550%401,588%2,755%1,582%3,779%2,788%2,574%411,634%2,773%1,628%3,795%2,807%2,597%421,677%2,792%1,671%3,811%2,826%2,619%431,719%2,809%1,713%3,826%2,844%2,641%441,759%2,826%1,754%3,840%2,861%2,661%451,798%2,842%1,793%3,854%2,878%2,681%461,836%2,857%1,830%3,867%2,893%2,700%471,872%2,872%1,866%3,880%2,908%2,718%481,906%2,886%1,901%3,892%2,923%2,736%491,939%2,900%1,934%3,904%2,936%2,753%501,972%2,914%1,967%3,915%2,950%2,769%512,003%2,927%1,998%3,926%2,962%2,785%522,032%2,939%2,028%3,937%2,975%2,800%532,061%2,951%2,057%3,947%2,986%2,815%542,089%2,963%2,084%3,957%2,998%2,829%552,116%2,974%2,111%3,966%3,009%2,843%562,142%2,985%2,137%3,976%3,019%2,856%572,167%2,995%2,163%3,984%3,029%2,868%582,191%3,005%2,187%3,993%3,039%2,881%592,215%3,015%2,211%4,001%3,049%2,893%602,238%3,025%2,233%4,010%3,058%2,904%612,260%3,034%2,256%4,017%3,067%2,916%622,281%3,043%2,277%4,025%3,075%2,926%632,302%3,052%2,298%4,032%3,083%2,937%642,322%3,060%2,318%4,040%3,092%2,947%652,341%3,068%2,337%4,047%3,099%2,957%662,360%3,076%2,356%4,053%3,107%2,967%672,378%3,084%2,375%4,060%3,114%2,976%682,396%3,092%2,393%4,066%3,121%2,985%692,414%3,099%2,410%4,072%3,128%2,994%702,430%3,106%2,427%4,078%3,135%3,002%712,447%3,113%2,443%4,084%3,142%3,011%722,463%3,119%2,459%4,090%3,148%3,019%732,478%3,126%2,475%4,096%3,154%3,027%

742,493%3,132%2,490%4,101%3,160%3,035%752,508%3,139%2,504%4,106%3,166%3,042%762,522%3,145%2,519%4,111%3,172%3,049%772,536%3,150%2,533%4,116%3,177%3,056%782,550%3,156%2,546%4,121%3,183%3,063%792,563%3,162%2,560%4,126%3,188%3,070%802,576%3,167%2,572%4,131%3,193%3,077%812,588%3,173%2,585%4,135%3,198%3,083%822,600%3,178%2,597%4,140%3,203%3,089%832,612%3,183%2,609%4,144%3,208%3,095%842,624%3,188%2,621%4,148%3,212%3,101%852,636%3,193%2,633%4,152%3,217%3,107%862,647%3,197%2,644%4,156%3,221%3,113%872,658%3,202%2,655%4,160%3,226%3,119%882,668%3,206%2,665%4,164%3,230%3,124%892,679%3,211%2,676%4,168%3,234%3,129%902,689%3,215%2,686%4,172%3,238%3,135%912,699%3,219%2,696%4,175%3,242%3,140%922,709%3,223%2,706%4,179%3,246%3,145%932,718%3,227%2,715%4,182%3,250%3,150%942,728%3,231%2,725%4,185%3,254%3,154%952,737%3,235%2,734%4,189%3,257%3,159%962,746%3,239%2,743%4,192%3,261%3,164%972,754%3,243%2,752%4,195%3,264%3,168%982,763%3,246%2,760%4,198%3,268%3,172%992,771%3,250%2,769%4,201%3,271%3,177%1002,780%3,253%2,777%4,204%3,274%3,181%1012,788%3,257%2,785%4,207%3,278%3,185%1022,796%3,260%2,793%4,210%3,281%3,189%1032,803%3,264%2,801%4,213%3,284%3,193%1042,811%3,267%2,809%4,216%3,287%3,197%1052,819%3,270%2,816%4,218%3,290%3,201%1062,826%3,273%2,824%4,221%3,293%3,205%1072,833%3,276%2,831%4,224%3,296%3,208%1082,840%3,279%2,838%4,226%3,298%3,212%1092,847%3,282%2,845%4,229%3,301%3,216%1102,854%3,285%2,852%4,231%3,304%3,219%1112,861%3,288%2,858%4,234%3,307%3,222%1122,867%3,291%2,865%4,236%3,309%3,226% 1132,874%3,293%2,871%4,238%3,312%3,229%1142,880%3,296%2,878%4,241%3,314%3,232%1152,886%3,299%2,884%4,243%3,317%3,236%1162,892%3,301%2,890%4,245%3,319%3,239%1172,898%3,304%2,896%4,247%3,322%3,242%1182,904%3,306%2,902%4,249%3,324%3,245%1192,910%3,309%2,908%4,251%3,326%3,248%1202,916%3,311%2,914%4,253%3,328%3,251%1212,922%3,314%2,919%4,256%3,331%3,254%1222,927%3,316%2,925%4,258%3,333%3,256%1232,933%3,318%2,930%4,259%3,335%3,259%1242,938%3,320%2,936%4,261%3,337%3,262%1252,943%3,323%2,941%4,263%3,339%3,265%1262,948%3,325%2,946%4,265%3,341%3,267%1272,954%3,327%2,951%4,267%3,343%3,270%1282,959%3,329%2,957%4,269%3,345%3,272%1292,963%3,331%2,962%4,271%3,347%3,275%1302,968%3,333%2,966%4,272%3,349%3,278%1312,973%3,335%2,971%4,274%3,351%3,280%1322,978%3,337%2,976%4,276%3,353%3,282%1332,983%3,339%2,981%4,278%3,355%3,285%1342,987%3,341%2,985%4,279%3,357%3,287%1352,992%3,343%2,990%4,281%3,359%3,289%1362,996%3,345%2,994%4,282%3,360%3,292%1373,001%3,347%2,999%4,284%3,362%3,294%1383,005%3,349%3,003%4,286%3,364%3,296%1393,009%3,351%3,007%4,287%3,366%3,298%1403,013%3,352%3,012%4,289%3,367%3,301%1413,018%3,354%3,016%4,290%3,369%3,303%1423,022%3,356%3,020%4,292%3,371%3,305%1433,026%3,358%3,024%4,293%3,372%3,307%1443,030%3,359%3,028%4,295%3,374%3,309%1453,034%3,361%3,032%4,296%3,375%3,311%1463,037%3,363%3,036%4,297%3,377%3,313%1473,041%3,364%3,039%4,299%3,378%3,315%1483,045%3,366%3,043%4,300%3,380%3,317%1493,049%3,367%3,047%4,301%3,381%3,319%1503,052%3,369%3,051%4,303%3,383%3,320% Term to maturity (in years)LevPound sterlingRomanian leuZlotyKrónaNorwegian krone1-0,665%0,028%1,863%-0,173%1,340%0,401%2-0,645%0,190%2,064%-0,024%1,663%0,776%3-0,595%0,339%2,235%0,207%2,097%1,034%4-0,538%0,479%2,387%0,459%2,438%1,217%5-0,456%0,599%2,527%0,699%2,711%1,357%6-0,377%0,697%2,658%0,920%2,947%1,466%7-0,308%0,782%2,780%1,121%3,156%1,554%8-0,217%0,856%2,895%1,299%3,329%1,632%9-0,154%0,921%3,007%1,456%3,459%1,703%10-0,080%0,978%3,117%1,596%3,556%1,771%11-0,015%1,025%3,208%1,717%3,630%1,837%120,048%1,063%3,281%1,823%3,687%1,901%130,102%1,094%3,340%1,917%3,730%1,963%140,151%1,119%3,388%2,000%3,764%2,022%150,197%1,139%3,428%2,076%3,790%2,078%160,226%1,154%3,461%2,144%3,810%2,131%170,245%1,166%3,488%2,206%3,825%2,182%180,264%1,174%3,512%2,263%3,836%2,230%190,288%1,180%3,531%2,316%3,845%2,275%200,324%1,184%3,548%2,365%3,851%2,319%210,372%1,186%3,562%2,410%3,855%2,360%220,430%1,187%3,573%2,453%3,857%2,399%230,495%1,186%3,584%2,492%3,858%2,437%240,564%1,184%3,592%2,529%3,858%2,472%250,635%1,181%3,600%2,564%3,857%2,506%260,707%1,177%3,606%2,597%3,855%2,538%270,779%1,173%3,611%2,628%3,853%2,569%280,850%1,169%3,616%2,657%3,851%2,598%290,919%1,164%3,620%2,684%3,848%2,626%300,987%1,159%3,623%2,710%3,845%2,652%311,054%1,154%3,626%2,735%3,841%2,678%321,118%1,148%3,628%2,759%3,838%2,702%331,180%1,142%3,630%2,781%3,834%2,725%341,240%1,135%3,632%2,802%3,830%2,747%351,298%1,128%3,633%2,823%3,827%2,768%361,354%1,119%3,634%2,842%3,823%2,789%371,408%1,109%3,635%2,860%3,819%2,808%

381,460%1,097%3,636%2,878%3,815%2,827%391,509%1,083%3,637%2,895%3,812%2,844%401,557%1,068%3,637%2,911%3,808%2,861%411,603%1,050%3,637%2,927%3,804%2,878%421,647%1,032%3,638%2,941%3,801%2,894%431,690%1,015%3,638%2,956%3,797%2,909%441,731%1,001%3,638%2,969%3,794%2,923%451,770%0,989%3,638%2,983%3,790%2,937%461,808%0,981%3,638%2,995%3,787%2,951%471,845%0,976%3,637%3,007%3,784%2,964%481,880%0,977%3,637%3,019%3,780%2,976%491,914%0,982%3,637%3,030%3,777%2,989%501,946%0,991%3,637%3,041%3,774%3,000%511,978%1,006%3,636%3,052%3,771%3,011%522,008%1,025%3,636%3,062%3,769%3,022%532,037%1,048%3,636%3,072%3,766%3,033%542,066%1,072%3,635%3,081%3,763%3,043%552,093%1,099%3,635%3,090%3,760%3,053%562,119%1,127%3,635%3,099%3,758%3,062%572,145%1,156%3,634%3,107%3,755%3,071%582,170%1,186%3,634%3,116%3,753%3,080%592,193%1,216%3,634%3,124%3,750%3,089%602,217%1,247%3,633%3,131%3,748%3,097%612,239%1,278%3,633%3,139%3,746%3,105%622,261%1,308%3,632%3,146%3,744%3,113%632,282%1,338%3,632%3,153%3,741%3,121%642,302%1,369%3,632%3,160%3,739%3,128%652,322%1,398%3,631%3,167%3,737%3,135%662,341%1,428%3,631%3,173%3,735%3,142%672,360%1,457%3,631%3,179%3,733%3,149%682,378%1,485%3,630%3,186%3,731%3,155%692,395%1,513%3,630%3,191%3,730%3,162%702,412%1,541%3,630%3,197%3,728%3,168%712,429%1,568%3,629%3,203%3,726%3,174%722,445%1,594%3,629%3,208%3,724%3,180%732,461%1,620%3,628%3,214%3,723%3,185%742,476%1,645%3,628%3,219%3,721%3,191%752,491%1,670%3,628%3,224%3,720%3,196% 762,505%1,694%3,627%3,229%3,718%3,202%772,519%1,718%3,627%3,233%3,717%3,207%782,533%1,741%3,627%3,238%3,715%3,212%792,547%1,764%3,627%3,243%3,714%3,217%802,560%1,787%3,626%3,247%3,712%3,221%812,573%1,808%3,626%3,251%3,711%3,226%822,585%1,830%3,626%3,256%3,710%3,231%832,597%1,850%3,625%3,260%3,708%3,235%842,609%1,871%3,625%3,264%3,707%3,239%852,621%1,891%3,625%3,268%3,706%3,244%862,632%1,910%3,625%3,272%3,704%3,248%872,643%1,929%3,624%3,275%3,703%3,252%882,654%1,948%3,624%3,279%3,702%3,256%892,664%1,966%3,624%3,283%3,701%3,260%902,675%1,984%3,623%3,286%3,700%3,263%912,685%2,002%3,623%3,290%3,699%3,267%922,695%2,019%3,623%3,293%3,698%3,271%932,705%2,036%3,623%3,296%3,697%3,274%942,714%2,052%3,623%3,299%3,696%3,278%952,723%2,068%3,622%3,303%3,695%3,281%962,732%2,084%3,622%3,306%3,694%3,284%972,741%2,099%3,622%3,309%3,693%3,288%982,750%2,115%3,622%3,312%3,692%3,291%992,759%2,129%3,621%3,315%3,691%3,294%1002,767%2,144%3,621%3,317%3,690%3,297%1012,775%2,158%3,621%3,320%3,689%3,300%1022,783%2,172%3,621%3,323%3,688%3,303%1032,791%2,186%3,621%3,326%3,687%3,306%1042,799%2,200%3,620%3,328%3,686%3,309%1052,806%2,213%3,620%3,331%3,686%3,311%1062,814%2,226%3,620%3,333%3,685%3,314%1072,821%2,238%3,620%3,336%3,684%3,317%1082,828%2,251%3,620%3,338%3,683%3,319%1092,835%2,263%3,619%3,341%3,683%3,322%1102,842%2,275%3,619%3,343%3,682%3,324%1112,849%2,287%3,619%3,345%3,681%3,327%1122,856%2,299%3,619%3,348%3,680%3,329%1132,862%2,310%3,619%3,350%3,680%3,332% 1142,869%2,322%3,619%3,352%3,679%3,334%1152,875%2,333%3,618%3,354%3,678%3,336%1162,881%2,343%3,618%3,356%3,678%3,339%1172,888%2,354%3,618%3,358%3,677%3,341%1182,894%2,365%3,618%3,360%3,676%3,343%1192,899%2,375%3,618%3,362%3,676%3,345%1202,905%2,385%3,618%3,364%3,675%3,347%1212,911%2,395%3,618%3,366%3,674%3,349%1222,917%2,405%3,617%3,368%3,674%3,351%1232,922%2,415%3,617%3,370%3,673%3,353%1242,928%2,424%3,617%3,372%3,673%3,355%1252,933%2,433%3,617%3,374%3,672%3,357%1262,938%2,443%3,617%3,376%3,671%3,359%1272,943%2,452%3,617%3,377%3,671%3,361%1282,949%2,461%3,617%3,379%3,670%3,363%1292,954%2,469%3,616%3,381%3,670%3,365%1302,959%2,478%3,616%3,383%3,669%3,367%1312,963%2,487%3,616%3,384%3,669%3,369%1322,968%2,495%3,616%3,386%3,668%3,370%1332,973%2,503%3,616%3,387%3,668%3,372%1342,978%2,511%3,616%3,389%3,667%3,374%1352,982%2,519%3,616%3,391%3,667%3,375%1362,987%2,527%3,616%3,392%3,666%3,377%1372,991%2,535%3,616%3,394%3,666%3,379%1382,996%2,543%3,615%3,395%3,665%3,380%1393,000%2,550%3,615%3,397%3,665%3,382%1403,004%2,558%3,615%3,398%3,664%3,383%1413,008%2,565%3,615%3,399%3,664%3,385%1423,013%2,572%3,615%3,401%3,663%3,386%1433,017%2,579%3,615%3,402%3,663%3,388%1443,021%2,587%3,615%3,404%3,662%3,389%1453,025%2,594%3,615%3,405%3,662%3,391%1463,029%2,600%3,615%3,406%3,662%3,392%1473,033%2,607%3,614%3,408%3,661%3,394%1483,036%2,614%3,614%3,409%3,661%3,395%1493,040%2,620%3,614%3,410%3,660%3,396%1503,044%2,627%3,614%3,411%3,660%3,398%

Term to maturity (in years)Swiss francAustralian dollarBahtCanadian dollarChilean pesoColombian peso1-0,798%0,021%0,202%0,243%-0,004%1,942%2-0,755%0,116%0,365%0,463%0,420%3,021%3-0,691%0,296%0,578%0,765%0,923%3,896%4-0,608%0,553%0,799%1,070%1,429%4,666%5-0,507%0,824%1,012%1,305%1,893%5,283%6-0,394%1,085%1,213%1,481%2,311%5,799%7-0,284%1,319%1,400%1,628%2,694%6,239%8-0,188%1,517%1,569%1,761%3,049%6,610%9-0,110%1,683%1,724%1,876%3,363%6,949%10-0,053%1,824%1,864%1,971%3,627%7,252%11-0,016%1,943%1,992%2,044%3,835%7,475%120,008%2,045%2,108%2,100%3,999%7,624%130,025%2,131%2,215%2,145%4,129%7,718%140,037%2,203%2,312%2,181%4,233%7,770%150,048%2,259%2,399%2,211%4,317%7,790%160,059%2,300%2,475%2,236%4,385%7,786%170,072%2,329%2,542%2,258%4,440%7,762%180,086%2,349%2,601%2,278%4,485%7,725%190,103%2,364%2,655%2,297%4,522%7,677%200,122%2,375%2,703%2,314%4,552%7,621%210,145%2,383%2,746%2,331%4,576%7,560%220,171%2,388%2,785%2,347%4,596%7,495%230,200%2,389%2,821%2,363%4,612%7,427%240,233%2,386%2,854%2,379%4,625%7,358%250,270%2,379%2,884%2,395%4,635%7,288%260,311%2,367%2,912%2,411%4,643%7,219%270,354%2,354%2,938%2,428%4,650%7,150%280,399%2,341%2,962%2,445%4,654%7,083%290,445%2,332%2,985%2,463%4,658%7,017%300,491%2,328%3,005%2,481%4,660%6,952%310,537%2,329%3,025%2,500%4,662%6,890%320,583%2,334%3,043%2,519%4,663%6,829%330,628%2,343%3,060%2,539%4,663%6,770%340,672%2,356%3,076%2,559%4,663%6,714%350,715%2,370%3,091%2,578%4,662%6,659%360,757%2,386%3,106%2,598%4,661%6,606% 370,798%2,403%3,119%2,617%4,660%6,555%380,838%2,421%3,132%2,636%4,658%6,506%390,876%2,439%3,144%2,655%4,657%6,459%400,914%2,458%3,156%2,673%4,655%6,414%410,950%2,477%3,167%2,691%4,653%6,370%420,985%2,496%3,177%2,708%4,651%6,328%431,018%2,515%3,187%2,725%4,649%6,288%441,051%2,534%3,197%2,742%4,647%6,249%451,083%2,553%3,206%2,758%4,645%6,212%461,113%2,572%3,214%2,774%4,643%6,176%471,142%2,590%3,223%2,789%4,640%6,142%481,171%2,608%3,231%2,804%4,638%6,108%491,198%2,625%3,238%2,818%4,636%6,076%501,225%2,642%3,245%2,832%4,634%6,045%511,251%2,659%3,252%2,846%4,632%6,016%521,275%2,675%3,259%2,859%4,630%5,987%531,299%2,691%3,266%2,872%4,628%5,959%541,323%2,706%3,272%2,885%4,626%5,932%551,345%2,721%3,278%2,897%4,624%5,907%561,367%2,736%3,284%2,908%4,622%5,882%571,388%2,750%3,289%2,920%4,620%5,858%581,408%2,764%3,295%2,931%4,618%5,834%591,428%2,777%3,300%2,942%4,616%5,812%601,447%2,790%3,305%2,952%4,615%5,790%611,465%2,803%3,310%2,962%4,613%5,769%621,483%2,815%3,315%2,972%4,611%5,748%631,501%2,827%3,319%2,982%4,610%5,729%641,518%2,839%3,324%2,991%4,608%5,709%651,534%2,850%3,328%3,000%4,607%5,691%661,550%2,861%3,332%3,009%4,605%5,673%671,565%2,872%3,336%3,018%4,603%5,655%681,580%2,883%3,340%3,026%4,602%5,638%691,595%2,893%3,344%3,034%4,601%5,622%701,609%2,903%3,347%3,042%4,599%5,605%711,623%2,912%3,351%3,050%4,598%5,590%721,637%2,922%3,354%3,057%4,597%5,575%731,650%2,931%3,358%3,064%4,595%5,560%741,662%2,940%3,361%3,072%4,594%5,546% 751,675%2,949%3,364%3,078%4,593%5,532%761,687%2,957%3,367%3,085%4,592%5,518%771,699%2,965%3,370%3,092%4,590%5,505%781,710%2,973%3,373%3,098%4,589%5,492%791,721%2,981%3,376%3,105%4,588%5,479%801,732%2,989%3,379%3,111%4,587%5,467%811,743%2,996%3,382%3,117%4,586%5,455%821,753%3,004%3,384%3,122%4,585%5,443%831,763%3,011%3,387%3,128%4,584%5,432%841,773%3,018%3,390%3,134%4,583%5,421%851,783%3,025%3,392%3,139%4,582%5,410%861,792%3,031%3,394%3,145%4,581%5,399%871,802%3,038%3,397%3,150%4,580%5,389%881,811%3,044%3,399%3,155%4,579%5,379%891,819%3,050%3,401%3,160%4,578%5,369%901,828%3,056%3,404%3,165%4,578%5,359%911,837%3,062%3,406%3,169%4,577%5,350%921,845%3,068%3,408%3,174%4,576%5,340%931,853%3,074%3,410%3,179%4,575%5,331%941,861%3,079%3,412%3,183%4,574%5,322%951,869%3,085%3,414%3,187%4,573%5,314%961,876%3,090%3,416%3,192%4,573%5,305%971,884%3,095%3,418%3,196%4,572%5,297%981,891%3,101%3,420%3,200%4,571%5,289%991,898%3,106%3,422%3,204%4,571%5,281%1001,905%3,111%3,423%3,208%4,570%5,273%1011,912%3,115%3,425%3,212%4,569%5,265%1021,919%3,120%3,427%3,216%4,568%5,258%1031,925%3,125%3,428%3,219%4,568%5,250%1041,932%3,129%3,430%3,223%4,567%5,243%1051,938%3,134%3,432%3,227%4,566%5,236%1061,944%3,138%3,433%3,230%4,566%5,229%1071,950%3,143%3,435%3,234%4,565%5,222%1081,956%3,147%3,436%3,237%4,565%5,215%1091,962%3,151%3,438%3,240%4,564%5,209%1101,968%3,155%3,439%3,244%4,563%5,202%1111,974%3,159%3,441%3,247%4,563%5,196%1121,979%3,163%3,442%3,250%4,562%5,190%

1131,985%3,167%3,444%3,253%4,562%5,184%1141,990%3,171%3,445%3,256%4,561%5,178%1151,995%3,174%3,446%3,259%4,561%5,172%1162,001%3,178%3,448%3,262%4,560%5,166%1172,006%3,182%3,449%3,265%4,560%5,160%1182,011%3,185%3,450%3,268%4,559%5,155%1192,016%3,189%3,452%3,270%4,559%5,149%1202,021%3,192%3,453%3,273%4,558%5,144%1212,025%3,195%3,454%3,276%4,558%5,138%1222,030%3,199%3,455%3,279%4,557%5,133%1232,035%3,202%3,456%3,281%4,557%5,128%1242,039%3,205%3,458%3,284%4,556%5,123%1252,044%3,208%3,459%3,286%4,556%5,118%1262,048%3,211%3,460%3,289%4,555%5,113%1272,052%3,214%3,461%3,291%4,555%5,108%1282,057%3,217%3,462%3,294%4,555%5,103%1292,061%3,220%3,463%3,296%4,554%5,099%1302,065%3,223%3,464%3,298%4,554%5,094%1312,069%3,226%3,465%3,301%4,553%5,089%1322,073%3,229%3,466%3,303%4,553%5,085%1332,077%3,232%3,467%3,305%4,552%5,081%1342,081%3,235%3,468%3,307%4,552%5,076%1352,085%3,237%3,469%3,309%4,552%5,072%1362,089%3,240%3,470%3,312%4,551%5,068%1372,092%3,243%3,471%3,314%4,551%5,064%1382,096%3,245%3,472%3,316%4,551%5,059%1392,100%3,248%3,473%3,318%4,550%5,055%1402,103%3,250%3,474%3,320%4,550%5,051%1412,107%3,253%3,475%3,322%4,550%5,048%1422,110%3,255%3,476%3,324%4,549%5,044%1432,113%3,257%3,476%3,326%4,549%5,040%1442,117%3,260%3,477%3,328%4,548%5,036%1452,120%3,262%3,478%3,329%4,548%5,032%1462,123%3,265%3,479%3,331%4,548%5,029%1472,127%3,267%3,480%3,333%4,547%5,025%1482,130%3,269%3,481%3,335%4,547%5,022%1492,133%3,271%3,481%3,337%4,547%5,018%1502,136%3,273%3,482%3,338%4,547%5,015% Term to maturity (in years)Hong Kong dollarIndian rupeeMexican pesoNew Taiwan dollarNew Zealand dollarRand10,190%3,560%4,327%-0,003%0,265%3,641%20,270%4,254%4,872%0,055%0,376%4,209%30,472%4,838%5,321%0,107%0,565%4,705%40,727%5,325%5,686%0,150%0,793%5,295%50,962%5,688%5,955%0,188%1,035%5,886%61,152%5,952%6,210%0,220%1,263%6,417%71,306%6,141%6,436%0,247%1,468%6,892%81,435%6,274%6,620%0,271%1,647%7,322%91,544%6,372%6,778%0,293%1,800%7,711%101,636%6,452%6,931%0,311%1,928%8,066%111,715%6,509%7,086%0,355%2,038%8,389%121,784%6,545%7,242%0,421%2,135%8,676%131,847%6,566%7,392%0,499%2,221%8,925%141,905%6,576%7,533%0,584%2,298%9,131%151,960%6,577%7,662%0,673%2,367%9,289%162,014%6,572%7,777%0,763%2,429%9,395%172,065%6,562%7,876%0,852%2,486%9,457%182,115%6,548%7,956%0,940%2,538%9,484%192,163%6,532%8,015%1,025%2,586%9,483%202,208%6,514%8,051%1,107%2,629%9,461%212,252%6,495%8,063%1,186%2,669%9,422%222,294%6,475%8,054%1,262%2,706%9,369%232,334%6,455%8,029%1,335%2,739%9,307%242,372%6,434%7,991%1,405%2,770%9,237%252,408%6,413%7,943%1,471%2,799%9,162%262,443%6,392%7,888%1,535%2,826%9,084%272,476%6,371%7,828%1,596%2,852%9,004%282,507%6,351%7,764%1,654%2,875%8,923%292,538%6,331%7,698%1,709%2,898%8,842%302,566%6,311%7,631%1,762%2,918%8,761%312,594%6,292%7,563%1,812%2,938%8,681%322,620%6,274%7,495%1,861%2,957%8,603%332,645%6,256%7,428%1,907%2,974%8,527%342,670%6,238%7,362%1,951%2,991%8,453%352,693%6,222%7,298%1,993%3,007%8,381%362,715%6,205%7,234%2,033%3,022%8,311% 372,736%6,189%7,173%2,071%3,036%8,244%382,756%6,174%7,114%2,108%3,050%8,179%392,776%6,159%7,056%2,143%3,063%8,116%402,794%6,145%7,000%2,177%3,075%8,056%412,812%6,131%6,946%2,209%3,087%7,997%422,830%6,118%6,894%2,240%3,099%7,941%432,846%6,105%6,844%2,270%3,109%7,887%442,862%6,092%6,795%2,299%3,120%7,835%452,877%6,080%6,749%2,326%3,130%7,785%462,892%6,069%6,704%2,353%3,140%7,737%472,906%6,058%6,660%2,378%3,149%7,691%482,920%6,047%6,618%2,403%3,158%7,646%492,933%6,036%6,578%2,426%3,166%7,603%502,946%6,026%6,539%2,449%3,175%7,562%512,958%6,016%6,502%2,471%3,182%7,522%522,970%6,007%6,466%2,492%3,190%7,483%532,982%5,998%6,431%2,512%3,198%7,446%542,993%5,989%6,397%2,532%3,205%7,410%553,003%5,980%6,365%2,551%3,212%7,376%563,014%5,972%6,333%2,569%3,218%7,342%573,024%5,964%6,303%2,587%3,225%7,310%583,033%5,956%6,274%2,604%3,231%7,279%593,043%5,949%6,245%2,621%3,237%7,249%603,052%5,941%6,218%2,637%3,243%7,219%613,061%5,934%6,191%2,652%3,249%7,191%623,069%5,927%6,166%2,667%3,254%7,164%633,077%5,921%6,141%2,682%3,259%7,137%643,086%5,914%6,116%2,696%3,265%7,112%653,093%5,908%6,093%2,710%3,270%7,087%663,101%5,902%6,070%2,723%3,275%7,063%673,108%5,896%6,048%2,736%3,279%7,039%683,115%5,890%6,027%2,749%3,284%7,016%693,122%5,885%6,006%2,761%3,288%6,994%703,129%5,879%5,986%2,773%3,293%6,973%713,136%5,874%5,966%2,785%3,297%6,952%723,142%5,869%5,947%2,796%3,301%6,932%733,148%5,864%5,929%2,807%3,305%6,912%743,154%5,859%5,911%2,817%3,309%6,893%

753,160%5,854%5,893%2,828%3,313%6,874%763,166%5,849%5,876%2,838%3,317%6,856%773,172%5,845%5,859%2,848%3,320%6,838%783,177%5,840%5,843%2,857%3,324%6,821%793,182%5,836%5,827%2,867%3,327%6,804%803,187%5,832%5,812%2,876%3,331%6,788%813,193%5,828%5,797%2,885%3,334%6,772%823,197%5,824%5,782%2,893%3,337%6,756%833,202%5,820%5,768%2,902%3,340%6,741%843,207%5,816%5,754%2,910%3,343%6,726%853,212%5,812%5,740%2,918%3,346%6,712%863,216%5,809%5,727%2,926%3,349%6,697%873,221%5,805%5,714%2,934%3,352%6,684%883,225%5,802%5,701%2,941%3,355%6,670%893,229%5,798%5,689%2,949%3,358%6,657%903,233%5,795%5,677%2,956%3,360%6,644%913,237%5,792%5,665%2,963%3,363%6,631%923,241%5,789%5,653%2,970%3,365%6,619%933,245%5,786%5,642%2,977%3,368%6,607%943,249%5,783%5,631%2,983%3,370%6,595%953,252%5,780%5,620%2,990%3,373%6,583%963,256%5,777%5,609%2,996%3,375%6,572%973,260%5,774%5,598%3,002%3,377%6,561%983,263%5,771%5,588%3,008%3,380%6,550%993,266%5,768%5,578%3,014%3,382%6,539%1003,270%5,766%5,568%3,020%3,384%6,529%1013,273%5,763%5,559%3,026%3,386%6,519%1023,276%5,760%5,549%3,031%3,388%6,509%1033,279%5,758%5,540%3,037%3,390%6,499%1043,282%5,755%5,531%3,042%3,392%6,489%1053,285%5,753%5,522%3,048%3,394%6,480%1063,288%5,751%5,513%3,053%3,396%6,470%1073,291%5,748%5,505%3,058%3,398%6,461%1083,294%5,746%5,496%3,063%3,400%6,452%1093,297%5,744%5,488%3,068%3,402%6,444%1103,300%5,741%5,480%3,073%3,404%6,435%1113,302%5,739%5,472%3,077%3,405%6,427%1123,305%5,737%5,464%3,082%3,407%6,418% 1133,308%5,735%5,457%3,087%3,409%6,410%1143,310%5,733%5,449%3,091%3,411%6,402%1153,313%5,731%5,442%3,096%3,412%6,394%1163,315%5,729%5,434%3,100%3,414%6,386%1173,318%5,727%5,427%3,104%3,415%6,379%1183,320%5,725%5,420%3,108%3,417%6,371%1193,322%5,723%5,413%3,112%3,418%6,364%1203,325%5,721%5,406%3,116%3,420%6,357%1213,327%5,719%5,400%3,120%3,421%6,350%1223,329%5,718%5,393%3,124%3,423%6,343%1233,331%5,716%5,387%3,128%3,424%6,336%1243,334%5,714%5,380%3,132%3,426%6,329%1253,336%5,712%5,374%3,136%3,427%6,322%1263,338%5,711%5,368%3,139%3,429%6,316%1273,340%5,709%5,362%3,143%3,430%6,309%1283,342%5,707%5,356%3,147%3,431%6,303%1293,344%5,706%5,350%3,150%3,433%6,297%1303,346%5,704%5,344%3,154%3,434%6,291%1313,348%5,703%5,338%3,157%3,435%6,285%1323,350%5,701%5,333%3,160%3,436%6,279%1333,352%5,700%5,327%3,164%3,438%6,273%1343,353%5,698%5,322%3,167%3,439%6,267%1353,355%5,697%5,316%3,170%3,440%6,261%1363,357%5,695%5,311%3,173%3,441%6,256%1373,359%5,694%5,306%3,176%3,442%6,250%1383,361%5,692%5,301%3,179%3,443%6,245%1393,362%5,691%5,296%3,182%3,445%6,239%1403,364%5,690%5,291%3,185%3,446%6,234%1413,366%5,688%5,286%3,188%3,447%6,229%1423,367%5,687%5,281%3,191%3,448%6,224%1433,369%5,686%5,276%3,194%3,449%6,219%1443,371%5,684%5,272%3,197%3,450%6,214%1453,372%5,683%5,267%3,200%3,451%6,209%1463,374%5,682%5,262%3,202%3,452%6,204%1473,375%5,681%5,258%3,205%3,453%6,199%1483,377%5,679%5,253%3,208%3,454%6,194%1493,378%5,678%5,249%3,210%3,455%6,190%1503,380%5,677%5,245%3,213%3,456%6,185% Term to maturity (in years)RealRenminbi-yuanRinggitRussian roubleSingapore dollarSouth Korean won14,887%2,229%1,547%4,738%0,225%0,664%26,364%2,342%1,821%5,376%0,343%0,871%37,250%2,443%2,056%5,823%0,550%1,062%47,858%2,536%2,272%6,172%0,790%1,206%58,236%2,625%2,463%6,419%1,014%1,301%68,482%2,712%2,647%6,601%1,204%1,365%78,636%2,794%2,834%6,731%1,360%1,420%88,714%2,871%3,021%6,814%1,484%1,472%98,751%2,943%3,210%6,867%1,577%1,514%108,759%3,010%3,400%6,900%1,642%1,540%118,740%3,073%3,584%6,911%1,682%1,548%128,702%3,130%3,752%6,906%1,704%1,545%138,650%3,184%3,900%6,888%1,718%1,537%148,589%3,234%4,029%6,861%1,726%1,530%158,521%3,282%4,137%6,827%1,734%1,525%168,449%3,326%4,226%6,789%1,743%1,524%178,374%3,367%4,298%6,747%1,754%1,529%188,298%3,407%4,355%6,702%1,769%1,539%198,222%3,444%4,400%6,657%1,788%1,556%208,147%3,479%4,433%6,610%1,812%1,580%218,073%3,512%4,456%6,564%1,841%1,611%228,000%3,543%4,471%6,518%1,874%1,646%237,929%3,573%4,478%6,473%1,909%1,685%247,860%3,601%4,480%6,429%1,946%1,726%257,793%3,628%4,478%6,385%1,984%1,768%267,728%3,653%4,473%6,343%2,022%1,811%277,666%3,677%4,465%6,302%2,059%1,854%287,606%3,701%4,455%6,262%2,097%1,896%297,548%3,723%4,443%6,224%2,133%1,938%307,493%3,744%4,430%6,187%2,169%1,978%317,440%3,764%4,416%6,151%2,204%2,018%327,388%3,783%4,402%6,117%2,238%2,057%337,339%3,801%4,387%6,084%2,271%2,094%347,292%3,818%4,372%6,052%2,303%2,131%357,247%3,835%4,357%6,021%2,334%2,166%367,203%3,851%4,342%5,992%2,364%2,200%

377,162%3,866%4,327%5,963%2,393%2,233%387,122%3,881%4,313%5,936%2,420%2,264%397,083%3,895%4,298%5,910%2,447%2,295%407,047%3,909%4,284%5,885%2,473%2,324%417,011%3,922%4,270%5,860%2,498%2,352%426,977%3,934%4,257%5,837%2,522%2,379%436,945%3,946%4,243%5,815%2,545%2,406%446,914%3,958%4,231%5,793%2,567%2,431%456,883%3,969%4,218%5,772%2,588%2,455%466,854%3,980%4,206%5,752%2,609%2,479%476,827%3,990%4,194%5,733%2,629%2,501%486,800%4,000%4,183%5,714%2,648%2,523%496,774%4,010%4,172%5,696%2,667%2,544%506,749%4,019%4,161%5,679%2,685%2,564%516,725%4,028%4,151%5,662%2,702%2,584%526,702%4,037%4,141%5,646%2,718%2,603%536,680%4,045%4,131%5,630%2,735%2,621%546,658%4,053%4,122%5,615%2,750%2,639%556,637%4,061%4,113%5,601%2,765%2,656%566,617%4,068%4,104%5,587%2,780%2,672%576,598%4,076%4,095%5,573%2,794%2,688%586,579%4,083%4,087%5,560%2,807%2,704%596,561%4,090%4,079%5,547%2,821%2,718%606,543%4,096%4,071%5,535%2,833%2,733%616,526%4,103%4,063%5,523%2,846%2,747%626,510%4,109%4,056%5,512%2,858%2,760%636,494%4,115%4,049%5,500%2,869%2,774%646,478%4,121%4,042%5,490%2,881%2,786%656,463%4,127%4,035%5,479%2,891%2,799%666,449%4,132%4,029%5,469%2,902%2,811%676,435%4,138%4,022%5,459%2,912%2,822%686,421%4,143%4,016%5,449%2,922%2,834%696,408%4,148%4,010%5,440%2,932%2,845%706,395%4,153%4,004%5,431%2,942%2,855%716,382%4,158%3,999%5,422%2,951%2,866%726,370%4,162%3,993%5,413%2,960%2,876%736,358%4,167%3,988%5,405%2,968%2,886%746,346%4,171%3,983%5,397%2,977%2,895% 756,335%4,176%3,978%5,389%2,985%2,905%766,324%4,180%3,973%5,381%2,993%2,914%776,313%4,184%3,968%5,373%3,001%2,923%786,303%4,188%3,963%5,366%3,009%2,931%796,292%4,192%3,958%5,359%3,016%2,940%806,283%4,196%3,954%5,352%3,023%2,948%816,273%4,200%3,950%5,345%3,031%2,956%826,263%4,203%3,945%5,338%3,037%2,964%836,254%4,207%3,941%5,332%3,044%2,972%846,245%4,210%3,937%5,326%3,051%2,979%856,236%4,214%3,933%5,319%3,057%2,986%866,228%4,217%3,929%5,313%3,064%2,993%876,219%4,220%3,926%5,307%3,070%3,000%886,211%4,223%3,922%5,302%3,076%3,007%896,203%4,226%3,918%5,296%3,082%3,014%906,195%4,229%3,915%5,291%3,087%3,020%916,188%4,232%3,911%5,285%3,093%3,027%926,180%4,235%3,908%5,280%3,098%3,033%936,173%4,238%3,904%5,275%3,104%3,039%946,166%4,241%3,901%5,270%3,109%3,045%956,159%4,244%3,898%5,265%3,114%3,051%966,152%4,246%3,895%5,260%3,119%3,056%976,145%4,249%3,892%5,255%3,124%3,062%986,138%4,251%3,889%5,250%3,129%3,067%996,132%4,254%3,886%5,246%3,134%3,073%1006,126%4,256%3,883%5,241%3,138%3,078%1016,119%4,259%3,880%5,237%3,143%3,083%1026,113%4,261%3,878%5,233%3,147%3,088%1036,107%4,263%3,875%5,229%3,152%3,093%1046,102%4,266%3,872%5,224%3,156%3,098%1056,096%4,268%3,870%5,220%3,160%3,103%1066,090%4,270%3,867%5,216%3,164%3,108%1076,085%4,272%3,865%5,212%3,169%3,112%1086,079%4,274%3,862%5,209%3,173%3,117%1096,074%4,276%3,860%5,205%3,176%3,121%1106,069%4,278%3,857%5,201%3,180%3,125%1116,063%4,280%3,855%5,198%3,184%3,130%1126,058%4,282%3,853%5,194%3,188%3,134% 1136,053%4,284%3,851%5,191%3,191%3,138%1146,049%4,286%3,848%5,187%3,195%3,142%1156,044%4,288%3,846%5,184%3,198%3,146%1166,039%4,290%3,844%5,180%3,202%3,150%1176,035%4,292%3,842%5,177%3,205%3,154%1186,030%4,293%3,840%5,174%3,209%3,157%1196,026%4,295%3,838%5,171%3,212%3,161%1206,021%4,297%3,836%5,168%3,215%3,165%1216,017%4,299%3,834%5,165%3,218%3,168%1226,013%4,300%3,832%5,162%3,221%3,172%1236,008%4,302%3,830%5,159%3,225%3,175%1246,004%4,303%3,828%5,156%3,228%3,179%1256,000%4,305%3,826%5,153%3,231%3,182%1265,996%4,307%3,825%5,150%3,233%3,186%1275,992%4,308%3,823%5,147%3,236%3,189%1285,988%4,310%3,821%5,145%3,239%3,192%1295,985%4,311%3,819%5,142%3,242%3,195%1305,981%4,313%3,818%5,139%3,245%3,198%1315,977%4,314%3,816%5,137%3,247%3,201%1325,974%4,315%3,814%5,134%3,250%3,204%1335,970%4,317%3,813%5,132%3,253%3,207%1345,967%4,318%3,811%5,129%3,255%3,210%1355,963%4,319%3,810%5,127%3,258%3,213%1365,960%4,321%3,808%5,124%3,260%3,216%1375,956%4,322%3,807%5,122%3,263%3,219%1385,953%4,323%3,805%5,120%3,265%3,221%1395,950%4,325%3,804%5,117%3,268%3,224%1405,947%4,326%3,802%5,115%3,270%3,227%1415,943%4,327%3,801%5,113%3,272%3,230%1425,940%4,328%3,799%5,111%3,275%3,232%1435,937%4,330%3,798%5,108%3,277%3,235%1445,934%4,331%3,797%5,106%3,279%3,237%1455,931%4,332%3,795%5,104%3,281%3,240%1465,928%4,333%3,794%5,102%3,284%3,242%1475,925%4,334%3,793%5,100%3,286%3,245%1485,922%4,335%3,791%5,098%3,288%3,247%1495,919%4,336%3,790%5,096%3,290%3,249%1505,917%4,337%3,789%5,094%3,292%3,252%

Term to maturity (in years)Turkish liraUS dollarYen119,020%0,086%-0,145%218,801%0,167%-0,130%318,698%0,392%-0,122%418,670%0,668%-0,111%518,708%0,936%-0,091%618,721%1,163%-0,066%718,725%1,341%-0,039%818,744%1,479%-0,011%918,746%1,595%0,019%1018,693%1,695%0,053%1118,587%1,778%0,085%1218,439%1,847%0,116%1318,256%1,903%0,147%1418,044%1,950%0,178%1517,809%1,989%0,210%1617,555%2,022%0,242%1717,286%2,050%0,272%1817,006%2,073%0,298%1916,718%2,090%0,319%2016,425%2,103%0,334%2116,131%2,111%0,342%2215,836%2,115%0,347%2315,544%2,119%0,351%2415,257%2,123%0,357%2514,975%2,127%0,365%2614,700%2,133%0,378%2714,432%2,139%0,396%2814,174%2,141%0,418%2913,923%2,139%0,446%3013,682%2,132%0,481%3113,451%2,118%0,521%3213,228%2,099%0,567%3313,015%2,078%0,615%3412,810%2,055%0,665%3512,614%2,033%0,717%3612,427%2,010%0,770% 3712,247%1,990%0,822%3812,076%1,970%0,874%3911,911%1,953%0,926%4011,754%1,938%0,977%4111,604%1,925%1,027%4211,460%1,915%1,076%4311,322%1,907%1,124%4411,190%1,901%1,170%4511,063%1,898%1,216%4610,942%1,898%1,260%4710,825%1,899%1,303%4810,713%1,904%1,344%4910,606%1,910%1,384%5010,502%1,919%1,424%5110,403%1,931%1,461%5210,308%1,945%1,498%5310,216%1,960%1,534%5410,127%1,976%1,568%5510,042%1,994%1,602%569,959%2,012%1,634%579,880%2,030%1,666%589,803%2,049%1,696%599,729%2,068%1,726%609,657%2,088%1,754%619,588%2,107%1,782%629,521%2,127%1,809%639,456%2,146%1,835%649,393%2,165%1,861%659,332%2,184%1,886%669,273%2,202%1,910%679,216%2,221%1,933%689,160%2,239%1,956%699,107%2,257%1,978%709,054%2,274%1,999%719,003%2,291%2,020%728,954%2,308%2,040%738,906%2,325%2,060%748,859%2,341%2,079% 758,814%2,357%2,098%768,769%2,372%2,116%778,726%2,387%2,134%788,684%2,402%2,151%798,643%2,417%2,168%808,604%2,431%2,185%818,565%2,445%2,201%828,527%2,459%2,217%838,490%2,472%2,232%848,454%2,485%2,247%858,419%2,498%2,262%868,384%2,511%2,276%878,351%2,523%2,290%888,318%2,535%2,303%898,286%2,547%2,317%908,254%2,558%2,330%918,224%2,569%2,343%928,194%2,581%2,355%938,164%2,591%2,367%948,136%2,602%2,379%958,108%2,612%2,391%968,080%2,623%2,403%978,053%2,633%2,414%988,027%2,642%2,425%998,001%2,652%2,436%1007,976%2,661%2,446%1017,951%2,671%2,457%1027,927%2,680%2,467%1037,903%2,688%2,477%1047,879%2,697%2,487%1057,856%2,706%2,496%1067,834%2,714%2,506%1077,812%2,722%2,515%1087,790%2,730%2,524%1097,769%2,738%2,533%1107,748%2,746%2,542%1117,728%2,754%2,550%1127,708%2,761%2,559% 1137,688%2,769%2,567%1147,669%2,776%2,575%1157,649%2,783%2,583%1167,631%2,790%2,591%1177,612%2,797%2,599%1187,594%2,804%2,606%1197,577%2,810%2,614%1207,559%2,817%2,621%1217,542%2,823%2,628%1227,525%2,830%2,635%1237,508%2,836%2,642%1247,492%2,842%2,649%1257,476%2,848%2,656%1267,460%2,854%2,663%1277,445%2,860%2,669%1287,429%2,866%2,676%1297,414%2,871%2,682%1307,399%2,877%2,688%1317,385%2,882%2,695%1327,370%2,888%2,701%1337,356%2,893%2,707%1347,342%2,898%2,713%1357,328%2,904%2,718%1367,315%2,909%2,724%1377,301%2,914%2,730%1387,288%2,919%2,735%1397,275%2,924%2,741%1407,262%2,928%2,746%1417,250%2,933%2,752%1427,237%2,938%2,757%1437,225%2,942%2,762%1447,213%2,947%2,767%1457,201%2,952%2,772%1467,189%2,956%2,777%1477,178%2,960%2,782%1487,166%2,965%2,787%1497,155%2,969%2,792%1507,144%2,973%2,796%

Annex

ANNEX II Fundamental spreads for the calculation of the matching adjustment The fundamental spreads set out in this Annex are expressed in basis points and do not include any increase in accordance with Article 77c(1)(c) of Directive 2009/138/EC.

1. Exposures to central governments and central banks The fundamental spreads apply to exposures denominated in all currencies. The fundamental spreads for durations from 11 to 30 years are equal to the fundamental spreads for duration 10 years. Duration (in years)AustriaBelgiumBulgariaCroatiaCzech RepublicCyprusDenmark10030502412003850400301435145040246524605035054490614535652072556585308265751152093759512500103861513490Duration (in years)EstoniaFinlandFranceGermanyGreeceHungaryIreland100003784152000023542131000209424420001824255300016742664000164427750001624288601016622997020168130108030170430Duration (in years)ItalyLatviaLithuaniaLuxembourgMaltaNetherlandsPoland165501504214101102104 3191414024044211516025045241718026046251920027047272022028048282123129049302224230041031232523004Duration (in years)PortugalRomaniaSlovakiaSloveniaSpainSwedenUnited Kingdom124912185002401615211100345191725140044620192916005492120321800652222135200075324233722008522524382300950262439240010492424392500Duration (in years)LiechtensteinNorwaySwitzerlandAustraliaBrazilCanadaChile10000120172000012019300001201840000120175000012016600001201570000120148000012015900001201610000012013 Duration (in years)ChinaColombiaHong KongIndiaJapanMalaysiaMexico1011010009201801000932280100010433601000105337010001063400100010744201000108840010001095380100010105400101010Duration (in years)New ZealandRussiaSingaporeSouth AfricaSouth KoreaThailandTaiwan1000691420009120430001012044000101404501091504605010150470701216048011014160490170151604100170161604Duration (in years)United States102030405060708090100
2. Exposures to financial institutions 2.1 Euro Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6172044116229538120527204411622953896838224511022553478949254811222453365351027531152245335496112956120224533533713315812222453353381232581212245335339133358120224533533101334581202245335331114355812122453353312143658121224533533131537581212245335331415375812122453353315153758121224533533161537581212245335331715375812122453353318153758121224533533191537581212245335332015375812122453353321153758121224533533221737581212245335332317375812122453353324183758121224533533251837581212245335332619375812122453353327193758121224533533282137581212245335332921375812122453353330223758121224533533 2.2 Czech koruna Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61142751123236545122521629531252385479903173255119235544809 418345712123454367151936621242335425656203865128233542542720396613023254154182039651282315415419194064127231540540101940641272305405401120416412623053953912194163126229538538131941631252295385381419416212522853753715184162124228537537161840611242275365361718406112422753653618184061123227536536191840611242275365362018406212422753753721184162124228537537221941621242285375372319416212522853753724194162125228537537251941621252285375372619416212522853753727214162125228537537282141621252285375372922416212422853753730224162124228537537

2.3 Danish krone Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61620441162295381204262044116229538968372245109225534789492448112224533653510275311522453354961129561202245335337123158122224533533812325812122453353391333581202245335331013345812022453353311143558120224533533 12143658120224533533131436581202245335331415375812022453353315153758120224533533161537581202245335331715375812022453353318153758120224533533191537581202245335332015375812022453353321153758120224533533221737581202245335332317375812022453353324183758120224533533251837581202245335332619375812022453353327193758120224533533282137581202245335332921375812022453353330223758120224533533 2.4 Forint Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61789211518730061012282758811218429760699137993116181296605810478941171812936026725779412018229160060067795122185289599599776951211862885975978759512018428759659697495119182286595595107192116179282591591117091114176280589589126990113175278588588136890112174278587587146890112174277587587156890111174277586586166789111173276586586176789110173276585585 18668811017227658558519668810917127558458420658710917127458458421648610817027458358322648610716927358258223638510616827258158124628410516727158058025618310416627057957926608210316526957857827598110216426857757728588010116326757657629577910016226657557530567899161265574574 2.5 Krona Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61102448120232542121421225491212345439763142952116232541796416325511923154065951734601222315415546183663127231541541719386512923154054081939641282315405409193964127230539539101940641262305395391119416412623053953912204164126229539539132042641262295395391420426412622953953915204264126229539539162042631262295385381720426312622953853818204264126229539539192042641262295395392021436412623053953921214365127230540540 222143651272315405402321446512723154054024214465127231540540252144651272315405402621446512723154054027214465127231540540282143651272315405402922436512723054054030224365127230540540 2.6 Kuna Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61486285157270580121225265891612745839763577295159275584796461761001632765856595638010516827758658666482109172277586586765841101742765855858648310917227558558596383108170274583583106283107169273582582116183106168271581581126082104167270579579135981103165269578578145880102164268577577155779101163267576576165678100162266575575175678991612655745741855779916126457457419547798160264573573205476971602635725722153759715926357257222537596158262571571235274951582615705702451739515726057057025507294156259569569

2649729315525956856827497192154258567567284870911542575665662947699015325656556530466890152255565565 2.7 Lev Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 616194311522853712042619431152285379683721441092245337894824471112235336535926521142235325496102855119223532532712315712122353253281231571202235325329123257120223532532101233571202235325321113345712022353253212133557120223532532131436571202235325321414365712022353253215143657120223532532161436571202235325321714365712022353253218143657120223532532191436571202235325322015365712022353253221153657120223532532221736571202235325322317365712022353253224183658120223532532251836581202235335332619365812022353353327193658120223533533282136581202235335332921365812022353353330223658120223533533 2.8 Pound sterling Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61824541472475561217282454147247556980392654133243552800410295612424155066351230571132405495576143460106239548548716376199238547547817386093237546546920456387236545545101944618423554454411184360852345435431218436186233543543131843618623354254214184461862325415411518446186231540540161844618623053953917184461862295385381818446186228538538191844618622853853820184461862295385382118446186229538538221844618622853853823184461862285375372418446186227537537251844618622753653626194461862265365362719446186226535535282144618622553553529214461862255345343022446186224534534 2.9 Romanian leu Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61859812219430761612522839712119330661510093839712018530061082448298121185298607683 5819812418629560460468098125189293602602779981241892916006008779612218528859859897595120183286595595107495119181285594594117394117180283592592127294116178282591591137193114177280589589146992113175279588588156890112174277587587166789111173276586586176688110172275585585186587109171274584584196486108170273583583206385107169273582582216285106168272581581226184105167271580580236083104166270579579245982103165269578578255881102164268577577265779101163267576576275678100162266575575285577991612645745742954769816026357357330537597159262572572 2.10 Zloty Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 615771951672805891213256709416627958897735771941592745837984577396160272582662557749916227158058065674101165269578578756751011662685775778557410016326657557595374981612655745741053749816026457357311527497159263572572 12527496158262571571135274951582615705701451739515726157057015517394157260569569165072931562595685681749719315525956856818497192155258567567194870921542585675672048709215425756756721487091154257566566224770911532575665662347699015325656556524466890152256565565254668891512555645642645678915125456456427446688150254563563284466871492535625622943658614925256156130426486148251561561

2.11 Norwegian krone Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61314569141254563122423246691412545649883324770134250559808433487213624855767053350761382475565636345278142246556556734537914424555555583353781422455545549335378140244553553103253771402435535531132547713924355255212325476138242551551133254751382415505501431537513724155055015315374136240549549 163052731362395485481729527313523954854818295173135238548548192951731352385485482029517313523854854821295173135238548548222951731352385485482329517213523854754724295172135238547547252851721342385475472628507213423754754727285071134237546546282850711332375465462927497113323754654630274971133236546546 2.12 Swiss franc Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 610325972105191201215269821152096632527922085177874273094206516652549359720651654864113810220651651675144010420651651686144010320651651697154010320651651610816401032065155151181941104207517517129184010220651551513101941103207516516141020411032075165161512184010220551551516121739101204514514171317391012045145141814173910120551451419141839101205514514 2015184010220551551521152040102206515515221720401022065155152317214010220651551524182140102206515515251822401022055155152619234010220551551527192441102205514514282124421022055145142921254310220551451430222644101205514514 2.13 Australian dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 614659831552685771217246598315526857797934761841492645737994476386150262572663548649015226157157164866921562605705707486793158259569569847669215525856856894666911542575675671046679115325756656611466790152256565565124567891522555645641345678915125456456414456788150254563563154466881502535635631643658714925256256217436586148252561561184264861482515615611942648514725156056020416485147251560560214163851472515605602241638414725055955923406284146250559559 24406283145249558558253961831452485585582638608214424855755727386081143247556556283759801432465555552936588014224555555530365879141245554554 2.14 Baht Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61173155127240549122022135591312435539833254063127243552803429446813224455366653148741362455555606304875139243553553735548114524755655683454791422455555559355580143246556556103758821442485575571138608314524855855812396183146249558558134062841462495595591441638414625055955915416384146250559559164062841462495595591740628414624955955918396283145249558558193961831452495585582039618314524955855821396183145248558558223961831452485585582339618214424855755724386082144248557557253860811442475565562637598114324755655627375980143246555555

283658801422465555552936587914224555455430355779141245554554 2.15 Canadian dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61173054126239548122121832551272405509843203558122238547805422376112523754666852340661282375465626244269133237546546725447113523754654682545711342375465469264671133237546546102647711332375465461127487113423754654612274971134237546546132850721342375475471428507213423754754715285072134237547547162850711342375465461728507113423754654618285071134237546546192850711342375465462028507113423754654621285071134237546546222750711332375465462327497113323654654624274970132236545545252648701322355455452626486913223554454427254769131235544544282547681312345435432925476813023454354330244668130233543543 2.16 Chilean peso Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 615063871592725811216253669016227558498335771941582745838054597598162274583670561781041662755845846638110817127558558576483109174275585585863831091722755845849648410917127558458410648510917127558458411648610917127558458412648610817127458358313648610817027358358314638510716927358258215628510616827258158116628410516827158058017618310516727058058018608310416627057957919608210316626957857820598110316526857857821588110216426857757722588010116326757657623577910016326657557524567899162265574574255577991612645745742654769816026357357327537597159262572572285274961582625715712951749515726157057030507394156260569569 2.17 Colombian peso Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6181951181903036131253286991231953086171021388102125190305614841489104128191304613702 592109134197306615615694112139202307616616796115141205307616616897116142205308618618998118143206309618618109912014320630961961911991201432063096186181298120142205308617617139812014120430761661614961191402023066156151595117139201304614614169411613720030361261217921141361983026116111891113135197300610610199011213319629960860820881111321942986076072187109131193296606606228510812919129560460423841061271902936026022482104126188292601601258110312418629059959926791011231852885985982777100121183287596596287698119182285594594297496118180284593593307395116179282591591 2.18 Hong Kong dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 611124481202335421220214275112323654598231732551192355448024203659123235545665522396512723654656062442691322375465467254471135237546546825457113423754654692646711332375465461026477113323754654611274871133237546546 12274971133236546546132649701322365455451426487013223554554515254769131235544544162447681302345435431724466813023354354318244667130233542542192446671302335425422024466813023354354321244668130233543543222446681302335435432324466813023354354324244667130233542542252446671302335425422624466712923354254227234667129233542542282345671292325425422923456712923254254230234566129232541541

2.19 Indian rupee Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61951081322043176271284296109133205318627104239711213419931562485549811413720131462371151001161422043136236236100118145209313622622710112014621131362262281011201462093126226229100120145208311621621109912014420631061961911981201432053086186181297119141203307616616139511713920130561461414941161371993036126121592114135198301610610 16901121331962996086081788110132194298607607188710913019329660560519851081291912956046042084107128190294603603218310612718929360260222821041261882926016012381103125187290600600248010212318628959859825791011221842885975972677100121183287596596277698120182286595595287597119181284594594297496118180283593593307395116179282591591 2.20 Mexican peso Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61324337361433546855129928497121193306615105238710212518930561486249110713019430661571659311013619830761661669511314020330861761779711614220630861861889711714320630961861899811814320630961961910981191432053096186181199120143206309618618129912114320630961861813100122144206309619619141011231442073106196191510112414520731162062016102125146208312621621171031261472093136226221810412614821031462362319105127149211314624624 2010612814921231562462421106128149212315624624221051281492113156246242310512714821131462362324104126148210313623623251031251462093126216212610212414520731162062027100123144206310619619289912114320530861861829981201412033076166163096118140202305615615 2.21 New Taiwan dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 610123610822153012162112361082215309783214371012175267974215391032155246605417431052145235556418451092135235237520471112135225228620461092125215219720441072115205201082144107210520520118214410721052052012922441072105195191310234510721052052014102345107210520520151224451072115205201612244510721152052017132446108211521521181425461082125215211914254710921252252220152648110213523523211627491112145235232217284911121552452423172850112215525525 24182950112216525525251829511132165265262619295111321752652627193051113217526526282130511142175265262921305211421752752730223152114218527527 2.22 New Zealand dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61526589161274583122125366901622755849833546891155271580803454709315726957966655572971592685785786557310016426857757775574101165267576576855741001632665765769547599162266575575105374981612645745741153749715926357257212527496158261571571135173941572605695691449729315525956856815487092154257567567164769901522565655651745688915125556456418446788150254563563194466871502535625622043658714925356256221436586149252561561224264861482515615612341648514725156056024416384147250559559254062841462495595592639628314524955855827396182144248557557

283860821442475575572937608114324755655630375980143246555555 2.23 Rand Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 611151291532253376471286211613015422633964810413119134156221337646854412113716022433664671151231401662283376466466124142169233337646646712514417123533764664681251441702333366466469124145169232336645645101241451692313356446441112414516823033464364312123145167229332642642131211431652273316406401412014216322532963863815118140161223327636636161151371592213256346341711313515721932263263218111133155217320630630191091311532153186286282010713015121331762662621106128149212315624624221041261482103136236232310212414620831162162124100122144206310619619259812114220430861761726971191402023066156152795117138201304613613289311513719930261261229911141351973016106103090112133196299608608 2.24 Real Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 611661802042763896981310217619021428639870810723182197220284400709883418520122428840071073651872042292914017107106187205232295400709709718720623229739870870881862052312943977067069184205230292396705705101842052292913957047041118320422728939370270212181203225287390700700131782002222843886976971417519821928138569469415172195216278382691691161691922132753796886881716618921027237668568518163186207269373682682191601832042663706796792015818020126336767667621155177198260364673673221511741952573616706702314817119225435866766724145167189251355664664251421641862483526616612613916118324534965865827136159180242346655655281341561772393436526522913115317423734064964930128150172234337647647 2.25 Renminbi-yuan Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6131456914125456312592324670142255564101433448711362515608274355074138250559685 53652781402495595766365481144249558558736558214624855755783555811442475565569355580142246555555103455791422455555551134567914124555455412345678141244553553133456781402435535531434567714024355255215335677139243552552163355771392435525521733557713924355255218335577139243552552193355771392435525522033567713924355255221335677139243552552223356771392435525522333557713924355255224335577139242552552253355761392425515512632557613824255155127325476138241551551283254751382415505502931547513724155055030315375137240550550 2.26 Ringgit Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6129426613825156012462304468140252562100533347701352505608214355174138251560681537548014225156057363957831472515615617405986150252561561840608614925256156194161861482525615611042638614925256256211436487149253562562 12436587149253562562134365871492535625621443668714925356256215436587149253562562164365871492525625621743658714925256256218436587149252562562194365871492525625622043668714925356256221446687149253562562224366871492535625622343658714925356256224436586149252561561254265861482525615612642648614825156056027416485147251560560284163841472505595592940628414625055955930406283146249558558

2.27 Russian rouble Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 611261391632353486571307212413816223434765610603125139162227342651868412514116422834065072151261431682303406496496125143170234338647647712614517123533764664681251441702333366466469124144169232335644644101241451692313356446441112414516823033464364312123145167229333642642131221441662283326416411412114316522733064064015119141162225328637637 16117139160223326635635171141361582203246336331811213415621832163163119110132154216319629629201081301522143176276272110612814921231562462422103126147209313622622231011231452073116206202499121143205308618618259711914020330661561526951171382013046136132793115136198302611611289111313419630060960929891111321942986076073087109130193296605605 2.28 Singapore dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61013371092225311220211539111223533983341841106221530802462245109221531666582551113222531560610285411822253253271130571212235325328113156120223532532911325611922353253210123356119222532532111234561192225325321212345611822253153113123456118222531531141234561182215315311512345611822153153116133455117221530530171334551172215305301814345511722153053019143455118221530530 2015345611822253153121163556119222531531221735571192225325322317355711922353253224183657119223532532251936571202235325322619365712022353253227213657120223532532282136581202235335332922365812022353353330223658120223533533 2.29 South Korean won Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 613649731452585671229236497314525856799033651741382545638094365275139252561670537547914125056056363957841472525615617375682146248557557840608514925256156193959841472515605601034557914124555455411305275137241550550122849721342375475471325486913123554454414244667130233542542152244661282325415411621436412723053953917204264126229539539181941631252295385381919416312522853853820194163125228538538211941631252285385382219416312522853853823194162125228537537 24194162125228537537251941621242285375372619416212422853753727214162124228537537282140621242285375372922406212422753753730224062124227537537 2.30 Turkish lira Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6120221624031242573415972199212236308421730128431952102332974137221047419220723129540771686651882052312934027117286184202229293397706706718120022729139370270281771962222853886986989173193218280384693693101691902142763806896891116618721027237668568512162184206268372681681131581802022643686776771415517719826136467367315151173195257360670670161481701912543576666661714416718825035466366318141164185247351660660191381611822443486576572013615817924234565465421133155177239342652652221301521742363406496492312715017123333764664624125147168231334643643251221441662283326416412612014216322632963863827117139161223327636636

281151371582213246336332911313515621832263163130110133154216320629629 2.31 US dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61926491042385471218292649104238547980310295199236545800413335597236546664517396010023754755961943649723854754772045649123854854881844639023854854891945659423854854810214867982385485481122506910123854854812245370102238548548132555711022385485481426557110223854854815265572102238548548162655721022385475471726557210223854754718265572102238547547192655721022385475472026557210223854854821265572102239548548222655721022395485482326557210223954854824265572102239548548252655721022385485482626557210223854854827265572102238547547282655721022385475472926557210223854754730265572102237546546 2.32 Yen Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 610315872005091213215138519850897632513781935037954261579191501658547198119150055264722861904994997592488190499499869238719049949997102386190499499108112486190499499118112486190499499129132486190499499131013248719049949914101425871905005001512142687191500500161216278719150050017131629881915005001814173088192501501191418318919250150120151832891935025022115203490193502502221720359019450350323172136901945035032418213790194503503251822389119450350326192339911945035032719244191194503503282125429019450350329212543901945035033022264490194503503 3. Other exposures 3.1 Euro Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6121521431623003172221521431623442354311523481563601770 411626511543611363521830531543521077642032571543398717523345915432371985243561154306603962536641542885131062538661542714411162639671542553821272639671542483341372639671542482941472639671542482601572639671542482481672641671542482481772643671542482481872646671542482481972648671542482482072650671542482482172653671542482482282655671542482482382657671542482482482659671542482482592662671542482482692664681542482482710266770154248248281026697215424824829102672741542482483011267475154248248 3.2 Czech koruna Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 619222850169305322921124305217135124093112533571663691817411253661164371140251227396316336211096122940651633498977133141661623327408133142681613156209133143711612975271012324472160279453 11123244731602623931212314472159253343131130437215925330214113043711582522671510304271158252252161029427015725125117929447015725125118929477015725125119929497015725125120102951711572522522110305471158252252221030577115825225223113058711582522522411306171158252252251130637115825225226113066711582522522711306872158252252281030717415825225229113073751582522523011307677158252252

3.3 Danish krone Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 612142143162300317122142143162344235331152347156360177041162651154361136352182953154352107764203256154339871752334581543237198524356115430660396243664154288513106253866154271441116263867154255382126263867154248334136263867154248294146263867154248260 1562638671542482481662641671542482481762643671542482481862646671542482481972648671542482482072650671542482482172653671542482482282655671542482482382657671542482482482659671542482482592662671542482482692664681542482482710266770154248248281026697215424824829102672741542482483011267475154248248 3.4 Forint Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 617486931142333303238270838911123035224123728694119227370181947085951202233711404569859712022136311116698697122219350900769879712221833474486886971242173176249678698126216310531106484961242123064571162829412321030439612618093122208303347136080921212083023051460799212120730230215607992120207301301165978911202063013011759789111920630030018587790119206300300 195777891182052992992057768911720429929921567688117204298298225575871162032972972354748711520229629624537386114201295295255272851132002942942651718411219929329327507082111198292292284969811101972912912948688010919629029030476779108195289289 3.5 Krona Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 616182546165302319727202748167347237438213054163363178649233358161364137651025376116135610886112839641613428807123041661613267278123041681613096109123143701602925181012314472160274446111231447216025838712123144731592543391312314472159254298141231447215925426415123144721592542541611314472159253253171231447215925425418123146721592542541912314973159254254201232517316025425421133254731602552552213325674161255255 23133358741612552552413336174161255255251333637416125525526133366741612552552713336874161255255281332717416125525529133273751602552553013327677160255255 3.6 Kuna Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6144566384203302319324760668820734623723516473972063631785453687810320636413755557082106207355108765773841092073428807587586111206326726857758611220530961095675861142042985191055748711520329744611547386114201296387125372851132002943391351718311219929329814506982111198292292154968811101962912911648688010919629029017476780108195289289184766791071942892891946667810719428828820466578106193288288214564771061932872872244647610519228628623446376104191285285244362751031902852852542617410318928428426416173102189283283 274060721011882822822839597210018728128129395873991862812813038577699185280280

3.7 Lev Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6111420421613003169211420421613442352311422471563601769411525511533601362521729531533521076632031561533398717522335815332371985233460153306603952436631532885121052537651532714411162538661532543821262538661532483341362538661532482941462538661532482601562538661532482481662541661532482481762543661532482481862546661532482481972548661532482482072550661532482482172553661532482482282555661532482482382557661532482482482559661532482482592562661532482482692564681532482482710256770153248248281025697215324824829102572731532482483011257475153248248 3.8 Pound sterling Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61011224518030332062011224518034823843111245017436517954113265517136613835116285917035810946218336016934488573213660168328730852437601673116139831425916629352110103442571652764481193341571642593881283241571632583391383142571632572981473142571622562641583143571612552551683143571602542541783144571592532531883146571582532531983148571582532532083151571592532532183153591592532532283155611582532532383158631582522522493161651572522522593162661572512512693165681562512512710316770156250250281031707215525025029103172751552492493011317476154249249 3.9 Romanian leu Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61809310012124033633042799198120238358245937790991232323751852475891001252273771428 573891001242253681129673891011252233559147728910012522133875487088991252183216339688799126216311538106786991272153094631166859812621330840112648396125212306351136382951232103043091461819312220930330315607992121207302302165978911192063013011758779011820530030018577689117204299299195675881172032982982055758711620329729721547486115202296296225373851142012952952352728411320029429424517183112199293293255070821111982922922649688111019729129127486780109195290290284766791081942892892946657810719328828830456477106192287287 3.10 Zloty Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6153657294213309319525264719321234723753516472972063641790450647410020236513815496476100201358109464965771011993458867496677102198329732848667710319631261594765771051952955231046657810619428845011456477106193287391 124464761051922863421344637610419128630114436275104191285285154262751031902842841642617410218928328317416073102189283283184160731011882822821940597210118828228220405972101187282282214059721001872812812239597110018728128123395871991862812812438577099186280280253757709818527927926375669971842792792736556997183278278283555719618327727729355473951822762763034537695181276276 3.11 Norwegian krone

Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 612739466818630532262274047681873512405326404872181369181342540507517837013995254153761773621106626435479176348895727445580175332739826445682175314620926455684174296527102545578517327945311254457861732673931224445685172266343132443568417126630214234255841702652671522425583170264264 162241548216926426417214153821692632631821405382168263263192140538116826326320214053821682632632121405482168263263222140578216826326323214058811682632632420406181168262262252040648116826226226203966811672622622720396980167262262281939718016726126129193873801672612613019387679166261261 3.12 Swiss franc Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6100324143299316220162514434323473118301393591765413113413636013605141436136352107562416391363398707261941136323718826224313630660393723461362885121048264813627144011492950137254382124103149136238334134103450137231293144123550137231260155123849135230231166134148134229229176144350134229229186154552135229229197154754135229229 2071750561352302302171753581362302302281854601362302302381857611362302302482059641352302302592062661352302302692164681362302302710236770137229229281023697113822922929102472731392292293011257475141229229 3.13 Australian dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61415461822013033206241546182201348238234054628719536517944405464901923661384540556791191358109664057689319034688974158699418933073484058699518831361793958709818729652510395871991872814521138587099186280392123857709818527934313375669981842793021436566897184278278153655689618327827816355467961822772771734546795182276276183453669518127627619335366941812752752033536594181275275213352659418027527522335265931802742742332516493180274274 2431516492179273273253150649117827327326304966911782722722729496890177271271282948718917627127129284773891752702703027477688175269269 3.14 Baht Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 611325325417330432152172936571763492391319334165174366180142136467117436713905243951751753601100623405176173347891728465681177331736827455683175314618928475986176296526103049629017727945211315063911782733931232516492179273343133251649317927430214325264931802742741532526493180274274163251649317927427417325164931792742741831516392179273273193150639217927327320315063921792732732131506392178273273223150639117827327323305063911782722722430496291178272272253049649017727127126294866901772712712729486989176270270 282847718917627027029284774881752692693027467688174269269 3.15 Canadian dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 611225315317230432182142633541733492394314283660169367180641429396416736913945153142661673611104617334569167348894718364771167332738818364874167315620919374977167297527101938517916727945311203952801672623931220395280167262344132039528016726230214203952801672622671520395281167262262162039528016726126117203952801672612611820395280167261261191939528016726126120203952801672612612120395480167261261221939578016726126123193858801662612612418386179166260260251837647916526026026183766781652592592717366978165259259281736717716425925929163673771642582583016357677163258258

3.16 Chilean peso Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 614558648620530332042486167892083492390350647297205368180745266761022043701399553698010420536311106557283108205351901757748511020533674685675861122053196289577687115205302535105776891172052994611157768911820529940112577689117204298351135675881162032983091455748711620229729715547486115202296296165473861142012952951753728511420029529518527284113200294294195271841121992932932051708311219829329321507082111198292292224969821101972912912349688110919629029024486780108195290290254766791071942892892646657810619328828827456477106192287287284463761051912862862943627510419128528530426278103190284284 3.17 Colombian peso Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 617789961172363333309281941001222413622489381951031282363841890481961061312343881467 584991111352363811166686103114139237369948789106117142237354785890108119145238336660991110122149239333563109211112315123933448511911111231522393334211291110123151238333369139010912215023733133114881081201492363303301587106119147234329329168510511814623332732717841041161452323263261883102115143230325325198210111414222932332320801001121412283223222179981111392263213212277971091382253193192376951081362233183182474931061352223163162572921051332203143142671901031312183133132769891011302173113112868871001282153093092966859812721430830830658497125212306306 3.18 Hong Kong dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 616192547166304321529222850169348238831124335716636617994132737631653671388515304266166359109961733456916734689071836477116733073581837487416731361791938497716729552510193851791672784511119395180167261391 1219385180166261342131838517916626030114183750781652602661517364978165259259161636487716425825817163548771632582581816354876163258258191635497616325725720163551761632582582116355476163258258221635577616325825823163558761632582582416356176163258258251535637616325725726153566761632572572715356976163257257281534717616225725729153473751622572573014347677162256256 3.19 Indian rupee Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 619010311013125034633962911041101322513692544391104113137246390192649110511614124439214905921071191432433851181693109121145243371957794111122147242355790894112123149242337663993112124151241336564109211112415224033448511911101231512383334201289108121150237331367138710711914823532932914851051181462333273271584103116144231326326 16821011141422293243241780100112141228322322187998111139226321321197797109138225319319207696108137224318318217595107136223317317227493106135222316316237392105134220315315247291104132219313313257090103131218312312266989101130217311311276887100129215310310286786991282143093092966859812621330830830658497125212307307

3.20 Mexican peso Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6131933233836047957534382799298120239373257238195103128236393194348398108133236395150158610111313723738711896881041161402383739637901071181432383567968901091201462393386689911101221492393345681091110123151239333488119111112415223933342412921111241522393333711392111124153239334334149311212515324033433415931131251542413353351694114126155242336336179511512715624333733718961161281572443383381997116129158244339339 20981171301582453393392198117130158245339339229711712915824533933923971161291572443383382496115128156243338338259511412715524233733726931131261542413353352792112124153240334334289111012315123833333329891091211502373313313088107120149235330330 3.21 New Taiwan dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6106133515430332042061335154347238031715391483641790417174214536413785182043144356108862102146143342880721222471433267268211234914230860893112551141291517104122652140273444114122953140256385124123153140240337134123453140235296144123754140235262156133854141235235166134154141235235176144455141236236186154655142236236197154856142237237207175157143238238217175359144239239228185561145239239238195863145240240 2492061651462402402592162661462412412692165681472412412710236770147241241281023707214724224229112472751472422423011257477148242242 3.22 New Zealand dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6147606688207304321924861678920834923923476169942023661802447617197199367139054762749819836011006486476100198347892748667610119733173784866771031963146199476678106196296526104666781061942894531145657710619328739312446376105191286344134362751031902843021441617310218928328315405972101187282282163858709918628028017375769981852792791836566897184278278193555689618327727720355467961822772772134546795182276276223453669518127627623335365941812752752433526593180274274253251649217927427426315166921792732732730506991178272272 283049719017727227229294973901772712713029487689176270270 3.23 Rand Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6111112313015227036734012112124131153272369254431131261351592683891923411412813916426639214895115131142166267386118361171331451692673739617118136146171267361796811813614717326636167091181361481762663605711011713614917726535949211116136148177264358428121151341471762623573751311313314517426135535514111131143172259353353151091291411702573513511610712613916825434934917105124137166252347347181031221351642503453451910112013316224834334320991191311602473413412198117130158245339339229611512815624333833823941131261552413363362492111124153240334334259011012215123833233226881081201492363303302787106119147234328328288510411714623232732729831031151442313253253082101114142229323323

3.24 Real Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 611621741812033224183469217218419121333142826233176189198222331427199341781922022283304251544517919420623033042512246179196207232330424992718019720823332842381981791972082343274226879178196208236326420583101771962092373254195011117519520723632341743412173192205234320415415131701902022313184124121416718719922831540940915164184196225312406406161611811932223094034031715817819021930640040018155175187216303397397191521721842133003943942014916918121029739139121146166178207294388388221431631752042913853852314016017220128838238224137157169198285379379251341531661952823763762613115016319227937337327128148160189276370370281251451571862733673672912314215518327036436430120139152181267362362 3.25 Renminbi-yuan Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61274046681873133324228404769188359247232741497418237718604274252771803781433 5284355791793691132628455681179355916729475882178339756828475884177321634928475886176302539102747598717528446311274659881752694011226465987174268351132645588717326830814264558861732672731525455786173267267162544578617326726717254457861732672671825445786173267267192545578617326726720254557861732672672125455786173267267222545578617326726723254460861722672672425446285172267267252444658517226626626244467851722662662724437085171266266282343728417126526529234375841712652653023427783170265265 3.26 Ringgit Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61243743651843103287226384567185357244932740497318237418464284253781803761424529455780181368112663148598418135491273351618618233875383352638918232163393453649218230353810355466941822854631135556796183277402 1235556796183277352133555679618327731014355567961832772771535546796183277277163554679518227727717355467951822772771835546795182277277193554679618227727720355567961832772772135556796183277277223555679618327727723355467961822772772435546795182277277253454669518227627626345368941812762762733537094181275275283352739318027427429325175931802742743031517892179273273 3.27 Russian rouble Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 611211341401622813773461212013213916128037625923118132140165273395195941181321421682703981513511813314516926939011976118134146171268376969711813614717226736180081181361471732663616719117136148175265360570101171361491772653594901111613614817726435842412115135147176263357370131141331461752613563561411313214517326035535515111130143171258353353 1610912814116925635035017106125138167253348348181041231361652513463461910212113416224934434420100119132160247342342219711713015824533933922951151271562433373372393112125154241335335249111012315223833333325891081211492363313312687106119147234328328278410411714523232632628821021151432303243242980100113141228322322307898111139226320320

3.28 Singapore dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6107143615430432172091638156349239031111944153366180141132349151367139051162751152360110062193055152347891742232571533317368422346015331361894233563153296525105243665152278451115243765152261391124243765152246342134243665152246301144233765151246266156234064151246246166234164151245245176234464151245245187234764151245245197234964151246246 2072451651522462462172454651522462462282456661522472472382558661532472472492561661532472472592563681532472472692566701532472472710256872153248248281025717315324824829112573751532482483011257677153248248 3.29 South Korean won Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61314450721913063240231445072191352241133043527618536918164294354791813701400529445680180361110763148598418234889572947588317833173883351628918131461993251639118029652610274659871752784521123425584171265392122039528116726234213173750781652593011416354876163257266151433467516225625616133245731602542541712314472159254254181131477215925325319113049711582532532011305171158253253211130547115825325322113056711582532532311305871158253253 2411306171158252252251030637115825225226103066711582522522710306871158252252281029717315825225229112973751572522523011297677157252252 3.30 Turkish lira Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6119821121723935845442862194207213235354452319331892022112353444732401418419920923433747418465180196207231332464145561771932052303274461174717419220222732342596681701881992253184138089166185197224314408685101621811942223104045871115817819021930640050812154174186215302396442131501701822112983923921414616617920729438838815143162175204290385385161391591722002873813811713615616819728437837818133153165194281375375191301501621912783723722012814716018827536936921125144157185272367367221221411541832693643642311913915118026736136124117136149177264359359251141331461752623563562611113114417225935335327109128141170257351351 281071261391672543493492910412413716525234634630102122134163250344344 3.31 US dollar Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61014265217130332092014265217134823843117285616736517964120326116636713875323366716735910986527396916834689078314271168330735810344674168313617912375076168296525101339517716827845111144053781682633911214425480168263342131543558016826330114164455811682632661516445581168263263161644558116826226217164455811682622621816445581168262262191644558116826326320164455811682632632116445581169263263221644568116926326323164458811692632632416446181169263263251644638116826326326164466811682632632716446881168262262281644718116826226229164473811672622623016447681167262262

3.32 Yen Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 61003141333023197201614131346237331191712536317834131120121363137351414221203541084624162512034187672619271203247238262230120307606937243312028951510482635120272442114929371202553841241031391202393351341034411202242951441236431202152611561238451212152321661341481212152151761443501212152151861546521232162161971548541252162162071750561272172172171753581282182182281855601302182182381857621322182182482059641332182182592062661352182182692164681372182182710236770138218218281023697113821821829102472731402182183011257475141218218

Annex

ANNEX III Volatility adjustment to the relevant risk-free interest rate term structure CurrencyNational insurance marketVolatility adjustment (in bps)EuroAustria5EuroBelgium5EuroCyprus5EuroEstonia5EuroFinland5EuroFrance5EuroGermany5EuroGreece5EuroIreland5EuroItaly5EuroLatvia5EuroLithuania5EuroLuxembourg5EuroMalta5EuroNetherlands5EuroPortugal5EuroSlovakia5EuroSlovenia5EuroSpain5Czech korunaCzech Republic12Danish kroneDenmark45ForintHungary3KronaSweden12KunaCroatia1LevBulgaria-3Pound sterlingUnited Kingdom8Romanian leuRomania-0ZlotyPoland3KrónaIceland-1Norwegian kroneNorway34Swiss francLiechtenstein10Swiss francSwitzerland10Australian dollarAustralia11Canadian dollarCanada41Renminbi-yuanChina44Hong Kong dollarHong Kong2US dollarUnited States25YenJapan7