Commission Implementing Regulation (EU) 2021/1964 of 11 November 2021 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 30 September 2021 until 30 December 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) 2021/1964 of 11 November 2021 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 30 September 2021 until 30 December 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 5 October 2021, the European Insurance and Occupational Pensions Authority provided the Commission with the technical information related to end of September 2021 market data. That information was published on 5 October 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 30 September 2021 until 30 December 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 30 September 2021. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 11 November 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 kroneForintKronaKuna1-0,595%2,325%-0,605%1,411%-0,092%-0,194%2-0,525%2,609%-0,535%1,804%0,017%-0,115%3-0,445%2,671%-0,455%2,108%0,148%-0,071%4-0,366%2,637%-0,376%2,360%0,283%-0,028%5-0,286%2,573%-0,296%2,560%0,409%0,037%6-0,206%2,503%-0,216%2,723%0,488%0,135%7-0,145%2,438%-0,155%2,856%0,549%0,269%8-0,069%2,387%-0,079%2,963%0,614%0,437%90,001%2,350%-0,009%3,050%0,697%0,635%100,066%2,330%0,056%3,124%0,810%0,816%110,118%2,326%0,108%3,185%0,959%0,975%120,180%2,333%0,170%3,245%1,120%1,115%130,237%2,349%0,226%3,306%1,277%1,240%140,281%2,369%0,271%3,373%1,423%1,353%150,311%2,393%0,301%3,448%1,556%1,456%160,328%2,419%0,317%3,517%1,677%1,550%170,339%2,447%0,328%3,578%1,786%1,637%180,352%2,476%0,342%3,632%1,884%1,716%190,374%2,504%0,364%3,681%1,972%1,790%200,407%2,533%0,397%3,724%2,052%1,859%210,453%2,561%0,443%3,763%2,125%1,923%220,509%2,589%0,499%3,798%2,191%1,982%230,571%2,616%0,562%3,831%2,252%2,038%240,638%2,642%0,628%3,860%2,308%2,091%250,706%2,668%0,697%3,887%2,359%2,140%260,776%2,692%0,767%3,912%2,407%2,187%270,846%2,716%0,837%3,935%2,451%2,231%280,915%2,739%0,906%3,957%2,491%2,272%290,982%2,761%0,974%3,976%2,529%2,311%301,049%2,783%1,041%3,995%2,565%2,348%311,113%2,803%1,105%4,012%2,598%2,384%321,176%2,823%1,168%4,028%2,629%2,417% 331,236%2,842%1,229%4,043%2,659%2,449%341,295%2,861%1,288%4,057%2,686%2,479%351,351%2,878%1,344%4,071%2,712%2,508%361,406%2,895%1,399%4,083%2,737%2,535%371,458%2,912%1,452%4,095%2,760%2,562%381,509%2,927%1,502%4,106%2,782%2,587%391,557%2,942%1,551%4,117%2,803%2,611%401,604%2,957%1,598%4,127%2,823%2,634%411,649%2,971%1,643%4,136%2,842%2,656%421,692%2,985%1,686%4,145%2,860%2,677%431,734%2,998%1,728%4,154%2,877%2,697%441,774%3,010%1,768%4,162%2,893%2,716%451,812%3,022%1,807%4,170%2,909%2,735%461,849%3,034%1,844%4,178%2,924%2,753%471,885%3,045%1,879%4,185%2,938%2,770%481,919%3,056%1,914%4,191%2,952%2,787%491,952%3,066%1,947%4,198%2,965%2,803%501,984%3,076%1,979%4,204%2,978%2,818%512,015%3,086%2,010%4,210%2,990%2,833%522,044%3,095%2,040%4,216%3,002%2,847%532,073%3,105%2,068%4,222%3,013%2,861%542,101%3,113%2,096%4,227%3,024%2,874%552,127%3,122%2,123%4,232%3,034%2,887%562,153%3,130%2,149%4,237%3,044%2,899%572,178%3,138%2,174%4,242%3,054%2,911%582,202%3,146%2,198%4,246%3,063%2,923%592,225%3,153%2,221%4,251%3,072%2,934%602,248%3,160%2,244%4,255%3,081%2,945%612,270%3,168%2,266%4,259%3,090%2,956%622,291%3,174%2,287%4,263%3,098%2,966%632,312%3,181%2,308%4,267%3,106%2,976%642,332%3,187%2,328%4,271%3,114%2,985%652,351%3,194%2,347%4,274%3,121%2,995%662,370%3,200%2,366%4,278%3,128%3,004%672,388%3,206%2,384%4,281%3,135%3,013%682,405%3,211%2,402%4,284%3,142%3,021%692,423%3,217%2,419%4,288%3,149%3,029%

702,439%3,222%2,436%4,291%3,155%3,037%712,456%3,227%2,452%4,294%3,161%3,045%722,471%3,233%2,468%4,297%3,167%3,053%732,487%3,238%2,483%4,299%3,173%3,060%742,502%3,242%2,498%4,302%3,179%3,068%752,516%3,247%2,513%4,305%3,185%3,075%762,530%3,252%2,527%4,307%3,190%3,081%772,544%3,256%2,541%4,310%3,195%3,088%782,558%3,261%2,554%4,312%3,201%3,095%792,571%3,265%2,567%4,315%3,206%3,101%802,583%3,269%2,580%4,317%3,211%3,107%812,596%3,273%2,593%4,320%3,215%3,113%822,608%3,277%2,605%4,322%3,220%3,119%832,620%3,281%2,617%4,324%3,225%3,125%842,632%3,285%2,629%4,326%3,229%3,131%852,643%3,288%2,640%4,328%3,233%3,136%862,654%3,292%2,651%4,330%3,238%3,141%872,665%3,296%2,662%4,332%3,242%3,147%882,675%3,299%2,673%4,334%3,246%3,152%892,686%3,302%2,683%4,336%3,250%3,157%902,696%3,306%2,693%4,338%3,254%3,162%912,706%3,309%2,703%4,340%3,258%3,167%922,715%3,312%2,713%4,341%3,261%3,171%932,725%3,315%2,722%4,343%3,265%3,176%942,734%3,318%2,732%4,345%3,269%3,180%952,743%3,321%2,741%4,346%3,272%3,185%962,752%3,324%2,750%4,348%3,275%3,189%972,761%3,327%2,758%4,350%3,279%3,193%982,769%3,330%2,767%4,351%3,282%3,197%992,778%3,332%2,775%4,353%3,285%3,201%1002,786%3,335%2,783%4,354%3,288%3,205%1012,794%3,338%2,791%4,356%3,291%3,209%1022,802%3,340%2,799%4,357%3,294%3,213%1032,810%3,343%2,807%4,358%3,297%3,217%1042,817%3,345%2,815%4,360%3,300%3,221%1052,825%3,348%2,822%4,361%3,303%3,224%1062,832%3,350%2,829%4,362%3,306%3,228%1072,839%3,352%2,837%4,364%3,309%3,231% 1082,846%3,355%2,844%4,365%3,311%3,235%1092,853%3,357%2,851%4,366%3,314%3,238%1102,860%3,359%2,857%4,367%3,317%3,241%1112,866%3,361%2,864%4,369%3,319%3,244%1122,873%3,363%2,871%4,370%3,322%3,248%1132,879%3,365%2,877%4,371%3,324%3,251%1142,886%3,368%2,883%4,372%3,327%3,254%1152,892%3,370%2,890%4,373%3,329%3,257%1162,898%3,372%2,896%4,374%3,331%3,260%1172,904%3,373%2,902%4,375%3,334%3,263%1182,910%3,375%2,908%4,376%3,336%3,266%1192,915%3,377%2,913%4,377%3,338%3,268%1202,921%3,379%2,919%4,378%3,340%3,271%1212,927%3,381%2,925%4,379%3,342%3,274%1222,932%3,383%2,930%4,380%3,345%3,276%1232,938%3,384%2,936%4,381%3,347%3,279%1242,943%3,386%2,941%4,382%3,349%3,282%1252,948%3,388%2,946%4,383%3,351%3,284%1262,953%3,390%2,951%4,384%3,353%3,287%1272,958%3,391%2,956%4,385%3,355%3,289%1282,963%3,393%2,961%4,386%3,356%3,292%1292,968%3,395%2,966%4,387%3,358%3,294%1302,973%3,396%2,971%4,388%3,360%3,296%1312,978%3,398%2,976%4,389%3,362%3,299%1322,983%3,399%2,981%4,390%3,364%3,301%1332,987%3,401%2,985%4,390%3,366%3,303%1342,992%3,402%2,990%4,391%3,367%3,305%1352,996%3,404%2,994%4,392%3,369%3,308%1363,001%3,405%2,999%4,393%3,371%3,310%1373,005%3,406%3,003%4,394%3,372%3,312%1383,009%3,408%3,008%4,394%3,374%3,314%1393,014%3,409%3,012%4,395%3,376%3,316%1403,018%3,411%3,016%4,396%3,377%3,318%1413,022%3,412%3,020%4,397%3,379%3,320%1423,026%3,413%3,024%4,397%3,380%3,322%1433,030%3,415%3,028%4,398%3,382%3,324%1443,034%3,416%3,032%4,399%3,384%3,326% 1453,038%3,417%3,036%4,399%3,385%3,328%1463,042%3,418%3,040%4,400%3,386%3,330%1473,046%3,420%3,044%4,401%3,388%3,331%1483,049%3,421%3,048%4,401%3,389%3,333%1493,053%3,422%3,051%4,402%3,391%3,335%1503,057%3,423%3,055%4,403%3,392%3,337%Term to maturity (in years)LevPound sterlingRomanian leuZlotyKrónaNorwegian krone1-0,645%0,354%2,502%0,090%2,332%0,859%2-0,575%0,628%2,861%0,586%2,689%1,232%3-0,496%0,757%3,142%0,891%2,960%1,440%4-0,416%0,842%3,375%1,141%3,168%1,556%5-0,336%0,902%3,559%1,353%3,347%1,628%6-0,256%0,946%3,712%1,539%3,507%1,673%7-0,195%0,998%3,840%1,702%3,643%1,707%8-0,119%1,027%3,947%1,848%3,751%1,739%9-0,049%1,059%4,037%1,979%3,829%1,773%100,015%1,101%4,119%2,099%3,885%1,812%110,068%1,133%4,180%2,202%3,926%1,856%120,129%1,154%4,223%2,290%3,955%1,904%130,186%1,168%4,252%2,367%3,975%1,954%140,230%1,177%4,271%2,434%3,989%2,004%150,260%1,184%4,282%2,494%3,998%2,053%160,276%1,188%4,287%2,547%4,004%2,101%170,287%1,192%4,287%2,595%4,006%2,149%180,301%1,196%4,284%2,639%4,006%2,194%190,322%1,201%4,279%2,679%4,005%2,238%200,356%1,206%4,271%2,715%4,002%2,280%210,403%1,211%4,262%2,749%3,998%2,321%220,459%1,217%4,252%2,780%3,993%2,360%230,523%1,220%4,241%2,810%3,988%2,397%240,590%1,222%4,229%2,837%3,982%2,432%250,660%1,220%4,217%2,862%3,976%2,466%260,731%1,215%4,205%2,886%3,969%2,499%270,802%1,207%4,193%2,908%3,963%2,530%280,872%1,194%4,180%2,929%3,956%2,560%

290,941%1,176%4,168%2,948%3,949%2,588%301,008%1,153%4,156%2,967%3,942%2,616%311,074%1,126%4,144%2,985%3,936%2,642%321,138%1,096%4,132%3,001%3,929%2,666%331,199%1,065%4,121%3,017%3,923%2,690%341,259%1,036%4,109%3,032%3,916%2,713%351,316%1,008%4,098%3,047%3,910%2,735%361,372%0,983%4,088%3,061%3,904%2,756%371,425%0,960%4,077%3,074%3,898%2,776%381,476%0,942%4,067%3,086%3,892%2,795%391,525%0,926%4,057%3,098%3,886%2,814%401,573%0,914%4,048%3,109%3,880%2,832%411,619%0,906%4,039%3,120%3,875%2,849%421,662%0,901%4,030%3,131%3,870%2,865%431,705%0,899%4,021%3,141%3,864%2,881%441,745%0,901%4,013%3,151%3,859%2,896%451,784%0,906%4,004%3,160%3,855%2,911%461,822%0,914%3,997%3,169%3,850%2,925%471,858%0,925%3,989%3,177%3,845%2,938%481,893%0,939%3,982%3,186%3,841%2,951%491,927%0,957%3,974%3,194%3,836%2,964%501,959%0,977%3,968%3,201%3,832%2,976%511,990%1,001%3,961%3,209%3,828%2,988%522,020%1,027%3,954%3,216%3,824%2,999%532,049%1,055%3,948%3,223%3,820%3,010%542,077%1,084%3,942%3,229%3,817%3,020%552,105%1,114%3,936%3,236%3,813%3,030%562,131%1,145%3,930%3,242%3,809%3,040%572,156%1,177%3,925%3,248%3,806%3,050%582,181%1,208%3,919%3,254%3,803%3,059%592,204%1,240%3,914%3,260%3,799%3,068%602,227%1,272%3,909%3,265%3,796%3,077%612,249%1,303%3,904%3,270%3,793%3,085%622,271%1,335%3,899%3,276%3,790%3,093%632,292%1,365%3,895%3,281%3,787%3,101%642,312%1,396%3,890%3,285%3,784%3,109%652,331%1,426%3,886%3,290%3,782%3,116% 662,351%1,455%3,882%3,295%3,779%3,123%672,369%1,484%3,878%3,299%3,777%3,130%682,387%1,513%3,874%3,304%3,774%3,137%692,404%1,541%3,870%3,308%3,772%3,144%702,421%1,568%3,866%3,312%3,769%3,150%712,438%1,595%3,862%3,316%3,767%3,157%722,454%1,621%3,859%3,320%3,765%3,163%732,469%1,647%3,855%3,323%3,762%3,169%742,485%1,672%3,852%3,327%3,760%3,174%752,499%1,696%3,848%3,331%3,758%3,180%762,514%1,720%3,845%3,334%3,756%3,186%772,528%1,744%3,842%3,338%3,754%3,191%782,541%1,767%3,839%3,341%3,752%3,196%792,555%1,789%3,836%3,344%3,750%3,201%802,568%1,811%3,833%3,347%3,748%3,206%812,580%1,833%3,830%3,350%3,747%3,211%822,593%1,854%3,827%3,353%3,745%3,216%832,605%1,874%3,825%3,356%3,743%3,220%842,617%1,894%3,822%3,359%3,741%3,225%852,628%1,914%3,819%3,362%3,740%3,229%862,639%1,933%3,817%3,365%3,738%3,233%872,650%1,952%3,814%3,367%3,737%3,238%882,661%1,971%3,812%3,370%3,735%3,242%892,672%1,989%3,809%3,373%3,733%3,246%902,682%2,006%3,807%3,375%3,732%3,250%912,692%2,024%3,805%3,378%3,731%3,254%922,702%2,040%3,803%3,380%3,729%3,257%932,711%2,057%3,800%3,382%3,728%3,261%942,721%2,073%3,798%3,385%3,726%3,265%952,730%2,089%3,796%3,387%3,725%3,268%962,739%2,105%3,794%3,389%3,724%3,272%972,748%2,120%3,792%3,391%3,722%3,275%982,757%2,135%3,790%3,393%3,721%3,278%992,765%2,150%3,788%3,396%3,720%3,281%1002,773%2,164%3,786%3,398%3,719%3,285%1012,781%2,178%3,785%3,400%3,718%3,288%1022,789%2,192%3,783%3,401%3,717%3,291% 1032,797%2,205%3,781%3,403%3,715%3,294%1042,805%2,219%3,779%3,405%3,714%3,297%1052,813%2,232%3,778%3,407%3,713%3,300%1062,820%2,245%3,776%3,409%3,712%3,302%1072,827%2,257%3,774%3,411%3,711%3,305%1082,834%2,270%3,773%3,412%3,710%3,308%1092,841%2,282%3,771%3,414%3,709%3,311%1102,848%2,294%3,769%3,416%3,708%3,313%1112,855%2,305%3,768%3,418%3,707%3,316%1122,862%2,317%3,766%3,419%3,706%3,318%1132,868%2,328%3,765%3,421%3,705%3,321%1142,874%2,339%3,764%3,422%3,704%3,323%1152,881%2,350%3,762%3,424%3,703%3,326%1162,887%2,361%3,761%3,425%3,702%3,328%1172,893%2,371%3,759%3,427%3,702%3,330%1182,899%2,382%3,758%3,428%3,701%3,333%1192,905%2,392%3,757%3,430%3,700%3,335%1202,911%2,402%3,755%3,431%3,699%3,337%1212,916%2,412%3,754%3,433%3,698%3,339%1222,922%2,421%3,753%3,434%3,697%3,341%1232,927%2,431%3,752%3,435%3,697%3,344%1242,933%2,440%3,750%3,437%3,696%3,346%1252,938%2,449%3,749%3,438%3,695%3,348%1262,943%2,458%3,748%3,439%3,694%3,350%1272,948%2,467%3,747%3,440%3,694%3,352%1282,954%2,476%3,746%3,442%3,693%3,354%1292,959%2,485%3,744%3,443%3,692%3,355%1302,963%2,493%3,743%3,444%3,691%3,357%1312,968%2,502%3,742%3,445%3,691%3,359%1322,973%2,510%3,741%3,447%3,690%3,361%1332,978%2,518%3,740%3,448%3,689%3,363%1342,982%2,526%3,739%3,449%3,689%3,365%1352,987%2,534%3,738%3,450%3,688%3,366%1362,991%2,542%3,737%3,451%3,687%3,368%1372,996%2,550%3,736%3,452%3,687%3,370%1383,000%2,557%3,735%3,453%3,686%3,371%1393,005%2,565%3,734%3,454%3,686%3,373%

1403,009%2,572%3,733%3,455%3,685%3,375%1413,013%2,579%3,732%3,456%3,684%3,376%1423,017%2,586%3,731%3,457%3,684%3,378%1433,021%2,594%3,730%3,458%3,683%3,379%1443,025%2,600%3,729%3,459%3,683%3,381%1453,029%2,607%3,729%3,460%3,682%3,382%1463,033%2,614%3,728%3,461%3,681%3,384%1473,037%2,621%3,727%3,462%3,681%3,385%1483,041%2,627%3,726%3,463%3,680%3,387%1493,044%2,634%3,725%3,464%3,680%3,388%1503,048%2,640%3,724%3,465%3,679%3,390%Term to maturity (in years)Swiss francAustralian dollarBahtCanadian dollarChilean pesoColombian peso1-0,780%-0,001%0,477%0,616%3,403%2,840%2-0,695%0,214%0,432%0,831%4,232%4,188%3-0,600%0,465%0,614%1,104%4,622%5,196%4-0,500%0,703%0,855%1,309%4,856%5,905%5-0,394%0,911%1,077%1,446%5,021%6,402%6-0,287%1,072%1,270%1,549%5,148%6,763%7-0,189%1,231%1,437%1,640%5,256%7,038%8-0,106%1,362%1,585%1,727%5,352%7,260%9-0,041%1,471%1,720%1,805%5,433%7,455%100,005%1,564%1,846%1,870%5,495%7,615%110,033%1,663%1,961%1,922%5,534%7,719%120,048%1,749%2,066%1,963%5,557%7,774%130,058%1,808%2,165%1,997%5,568%7,794%140,064%1,846%2,256%2,026%5,570%7,788%150,070%1,874%2,338%2,052%5,565%7,762%160,076%1,897%2,411%2,075%5,555%7,721%170,085%1,917%2,476%2,096%5,541%7,669%180,095%1,933%2,533%2,116%5,525%7,610%190,109%1,945%2,585%2,135%5,507%7,545%200,126%1,953%2,632%2,154%5,488%7,476%210,147%1,957%2,674%2,173%5,467%7,406%220,171%1,957%2,713%2,191%5,447%7,334%230,199%1,953%2,749%2,210%5,425%7,262% 240,231%1,946%2,782%2,228%5,404%7,190%250,267%1,935%2,812%2,247%5,383%7,120%260,306%1,921%2,840%2,267%5,363%7,050%270,349%1,908%2,866%2,286%5,342%6,983%280,394%1,897%2,890%2,307%5,322%6,917%290,439%1,890%2,913%2,327%5,302%6,853%300,485%1,890%2,934%2,349%5,283%6,791%310,531%1,896%2,954%2,371%5,265%6,731%320,577%1,908%2,973%2,393%5,247%6,673%330,622%1,924%2,991%2,416%5,229%6,617%340,666%1,944%3,008%2,438%5,212%6,564%350,709%1,966%3,024%2,461%5,196%6,512%360,751%1,990%3,039%2,483%5,180%6,462%370,792%2,015%3,053%2,505%5,165%6,415%380,832%2,040%3,067%2,526%5,150%6,369%390,871%2,067%3,080%2,547%5,136%6,325%400,908%2,093%3,092%2,568%5,122%6,282%410,944%2,120%3,104%2,588%5,108%6,242%420,979%2,146%3,115%2,608%5,096%6,203%431,013%2,173%3,125%2,627%5,083%6,165%441,046%2,199%3,136%2,645%5,071%6,129%451,077%2,224%3,146%2,664%5,060%6,094%461,108%2,249%3,155%2,681%5,048%6,061%471,137%2,274%3,164%2,698%5,038%6,029%481,166%2,298%3,173%2,715%5,027%5,998%491,194%2,321%3,181%2,731%5,017%5,968%501,220%2,344%3,189%2,747%5,007%5,939%511,246%2,366%3,197%2,762%4,998%5,911%521,271%2,388%3,204%2,777%4,989%5,885%531,295%2,409%3,211%2,791%4,980%5,859%541,318%2,429%3,218%2,805%4,971%5,834%551,341%2,449%3,225%2,819%4,963%5,810%561,362%2,469%3,232%2,832%4,955%5,787%571,384%2,487%3,238%2,845%4,947%5,764%581,404%2,506%3,244%2,857%4,940%5,743%591,424%2,523%3,250%2,869%4,933%5,722%601,443%2,541%3,255%2,881%4,926%5,701% 611,461%2,557%3,261%2,892%4,919%5,682%621,479%2,574%3,266%2,903%4,912%5,663%631,497%2,589%3,271%2,914%4,906%5,644%641,514%2,605%3,276%2,924%4,899%5,626%651,530%2,620%3,281%2,934%4,893%5,609%661,546%2,634%3,286%2,944%4,888%5,592%671,562%2,648%3,290%2,953%4,882%5,576%681,577%2,662%3,295%2,963%4,876%5,560%691,592%2,675%3,299%2,972%4,871%5,545%701,606%2,688%3,303%2,980%4,866%5,530%711,620%2,701%3,308%2,989%4,860%5,515%721,633%2,713%3,311%2,997%4,856%5,501%731,646%2,725%3,315%3,006%4,851%5,487%741,659%2,737%3,319%3,013%4,846%5,474%751,672%2,748%3,323%3,021%4,841%5,461%761,684%2,760%3,326%3,029%4,837%5,448%771,695%2,770%3,330%3,036%4,833%5,436%781,707%2,781%3,333%3,043%4,828%5,424%791,718%2,791%3,337%3,050%4,824%5,412%801,729%2,801%3,340%3,057%4,820%5,401%811,740%2,811%3,343%3,064%4,816%5,390%821,750%2,821%3,346%3,070%4,812%5,379%831,760%2,830%3,349%3,076%4,809%5,368%841,770%2,839%3,352%3,083%4,805%5,358%851,780%2,848%3,355%3,089%4,801%5,348%861,790%2,857%3,358%3,095%4,798%5,338%871,799%2,865%3,361%3,100%4,794%5,328%881,808%2,873%3,363%3,106%4,791%5,319%891,817%2,881%3,366%3,111%4,788%5,309%901,825%2,889%3,368%3,117%4,785%5,300%911,834%2,897%3,371%3,122%4,781%5,291%921,842%2,905%3,373%3,127%4,778%5,283%931,850%2,912%3,376%3,132%4,775%5,274%941,858%2,920%3,378%3,137%4,772%5,266%951,866%2,927%3,380%3,142%4,770%5,258%961,874%2,934%3,383%3,147%4,767%5,250%971,881%2,941%3,385%3,152%4,764%5,242%

981,888%2,947%3,387%3,156%4,761%5,235%991,896%2,954%3,389%3,161%4,759%5,227%1001,903%2,960%3,391%3,165%4,756%5,220%1011,910%2,967%3,393%3,169%4,754%5,213%1021,916%2,973%3,395%3,173%4,751%5,206%1031,923%2,979%3,397%3,178%4,749%5,199%1041,929%2,985%3,399%3,182%4,746%5,192%1051,936%2,991%3,401%3,186%4,744%5,186%1061,942%2,996%3,403%3,190%4,742%5,179%1071,948%3,002%3,405%3,193%4,739%5,173%1081,954%3,007%3,407%3,197%4,737%5,167%1091,960%3,013%3,409%3,201%4,735%5,160%1101,966%3,018%3,410%3,204%4,733%5,154%1111,972%3,023%3,412%3,208%4,731%5,148%1121,977%3,029%3,414%3,211%4,729%5,143%1131,983%3,034%3,415%3,215%4,727%5,137%1141,988%3,039%3,417%3,218%4,725%5,131%1151,993%3,043%3,418%3,222%4,723%5,126%1161,999%3,048%3,420%3,225%4,721%5,120%1172,004%3,053%3,422%3,228%4,719%5,115%1182,009%3,058%3,423%3,231%4,717%5,110%1192,014%3,062%3,425%3,234%4,715%5,105%1202,019%3,067%3,426%3,237%4,713%5,100%1212,023%3,071%3,427%3,240%4,712%5,095%1222,028%3,075%3,429%3,243%4,710%5,090%1232,033%3,080%3,430%3,246%4,708%5,085%1242,037%3,084%3,432%3,249%4,707%5,080%1252,042%3,088%3,433%3,252%4,705%5,076%1262,046%3,092%3,434%3,255%4,703%5,071%1272,050%3,096%3,436%3,257%4,702%5,067%1282,055%3,100%3,437%3,260%4,700%5,062%1292,059%3,104%3,438%3,263%4,699%5,058%1302,063%3,107%3,439%3,265%4,697%5,053%1312,067%3,111%3,441%3,268%4,695%5,049%1322,071%3,115%3,442%3,270%4,694%5,045%1332,075%3,119%3,443%3,273%4,693%5,041%1342,079%3,122%3,444%3,275%4,691%5,037% 1352,083%3,126%3,445%3,278%4,690%5,033%1362,087%3,129%3,446%3,280%4,688%5,029%1372,090%3,133%3,448%3,282%4,687%5,025%1382,094%3,136%3,449%3,285%4,686%5,021%1392,098%3,139%3,450%3,287%4,684%5,018%1402,101%3,143%3,451%3,289%4,683%5,014%1412,105%3,146%3,452%3,291%4,682%5,010%1422,108%3,149%3,453%3,293%4,680%5,007%1432,112%3,152%3,454%3,296%4,679%5,003%1442,115%3,155%3,455%3,298%4,678%4,999%1452,119%3,158%3,456%3,300%4,677%4,996%1462,122%3,161%3,457%3,302%4,675%4,993%1472,125%3,164%3,458%3,304%4,674%4,989%1482,128%3,167%3,459%3,306%4,673%4,986%1492,131%3,170%3,460%3,308%4,672%4,983%1502,135%3,173%3,461%3,310%4,671%4,979%Term to maturity (in years)Hong Kong dollarIndian rupeeMexican pesoNew Taiwan dollarNew Zealand dollarRand10,120%3,648%5,672%0,128%0,990%3,889%20,311%4,273%6,249%0,159%1,337%4,639%30,573%4,792%6,616%0,187%1,549%5,213%40,801%5,227%6,831%0,214%1,690%5,689%50,982%5,573%6,993%0,238%1,799%6,120%61,122%5,844%7,113%0,260%1,890%6,523%71,234%6,061%7,209%0,280%1,974%6,898%81,325%6,224%7,296%0,298%2,051%7,242%91,400%6,364%7,384%0,315%2,124%7,557%101,462%6,483%7,480%0,332%2,192%7,842%111,513%6,569%7,585%0,374%2,248%8,099%121,559%6,627%7,695%0,438%2,293%8,325%131,601%6,664%7,804%0,515%2,331%8,518%141,644%6,685%7,906%0,599%2,364%8,673%151,689%6,694%8,000%0,687%2,394%8,789%161,737%6,695%8,082%0,776%2,421%8,862%171,786%6,689%8,150%0,864%2,447%8,901%181,835%6,677%8,203%0,951%2,472%8,913% 191,885%6,662%8,237%1,036%2,497%8,902%201,934%6,644%8,251%1,117%2,522%8,876%211,981%6,625%8,244%1,196%2,547%8,836%222,028%6,603%8,218%1,272%2,573%8,786%232,073%6,581%8,179%1,344%2,598%8,730%242,117%6,558%8,129%1,414%2,623%8,668%252,159%6,535%8,071%1,480%2,648%8,602%262,199%6,512%8,008%1,543%2,672%8,534%272,238%6,489%7,940%1,604%2,695%8,465%282,276%6,466%7,869%1,661%2,718%8,396%292,312%6,444%7,797%1,717%2,740%8,327%302,346%6,422%7,725%1,769%2,762%8,258%312,379%6,400%7,652%1,819%2,782%8,191%322,411%6,379%7,580%1,867%2,802%8,125%332,441%6,359%7,510%1,913%2,822%8,061%342,470%6,339%7,441%1,957%2,840%7,998%352,498%6,319%7,373%1,999%2,858%7,938%362,525%6,301%7,307%2,039%2,875%7,879%372,551%6,283%7,244%2,077%2,892%7,822%382,575%6,265%7,182%2,114%2,908%7,767%392,599%6,248%7,122%2,149%2,923%7,715%402,622%6,232%7,064%2,182%2,938%7,664%412,644%6,216%7,009%2,215%2,953%7,615%422,665%6,201%6,955%2,245%2,966%7,567%432,685%6,186%6,903%2,275%2,980%7,522%442,704%6,172%6,853%2,304%2,993%7,478%452,723%6,158%6,805%2,331%3,005%7,436%462,741%6,145%6,759%2,357%3,017%7,395%472,758%6,132%6,714%2,383%3,029%7,356%482,775%6,120%6,671%2,407%3,040%7,319%492,791%6,108%6,630%2,431%3,050%7,282%502,807%6,097%6,590%2,453%3,061%7,247%512,821%6,085%6,551%2,475%3,071%7,214%522,836%6,075%6,514%2,496%3,080%7,181%532,850%6,064%6,478%2,516%3,090%7,150%542,863%6,054%6,444%2,536%3,099%7,119%552,876%6,044%6,410%2,555%3,108%7,090%

562,889%6,035%6,378%2,573%3,116%7,062%572,901%6,026%6,347%2,591%3,124%7,035%582,913%6,017%6,317%2,608%3,132%7,008%592,924%6,008%6,288%2,624%3,140%6,983%602,935%6,000%6,260%2,640%3,148%6,958%612,946%5,992%6,232%2,656%3,155%6,934%622,956%5,984%6,206%2,671%3,162%6,911%632,966%5,977%6,181%2,685%3,169%6,889%642,976%5,969%6,156%2,700%3,175%6,867%652,986%5,962%6,132%2,713%3,182%6,846%662,995%5,955%6,108%2,727%3,188%6,825%673,004%5,949%6,086%2,739%3,194%6,805%683,012%5,942%6,064%2,752%3,200%6,786%693,021%5,936%6,043%2,764%3,206%6,767%703,029%5,929%6,022%2,776%3,211%6,749%713,037%5,923%6,002%2,788%3,217%6,732%723,045%5,918%5,982%2,799%3,222%6,714%733,052%5,912%5,963%2,810%3,227%6,698%743,060%5,906%5,945%2,820%3,232%6,682%753,067%5,901%5,927%2,831%3,237%6,666%763,074%5,896%5,909%2,841%3,242%6,650%773,081%5,891%5,892%2,850%3,246%6,635%783,087%5,886%5,875%2,860%3,251%6,621%793,094%5,881%5,859%2,869%3,255%6,606%803,100%5,876%5,843%2,878%3,259%6,593%813,106%5,871%5,828%2,887%3,264%6,579%823,112%5,867%5,813%2,896%3,268%6,566%833,118%5,862%5,798%2,904%3,272%6,553%843,124%5,858%5,784%2,913%3,275%6,540%853,129%5,854%5,770%2,921%3,279%6,528%863,135%5,850%5,756%2,929%3,283%6,516%873,140%5,846%5,743%2,936%3,287%6,504%883,145%5,842%5,730%2,944%3,290%6,493%893,150%5,838%5,717%2,951%3,294%6,482%903,155%5,834%5,704%2,958%3,297%6,471%913,160%5,831%5,692%2,965%3,300%6,460%923,165%5,827%5,680%2,972%3,304%6,449% 933,170%5,823%5,669%2,979%3,307%6,439%943,174%5,820%5,657%2,985%3,310%6,429%953,179%5,817%5,646%2,992%3,313%6,419%963,183%5,813%5,635%2,998%3,316%6,410%973,187%5,810%5,624%3,004%3,319%6,400%983,192%5,807%5,614%3,010%3,322%6,391%993,196%5,804%5,603%3,016%3,324%6,382%1003,200%5,801%5,593%3,022%3,327%6,373%1013,204%5,798%5,584%3,028%3,330%6,364%1023,208%5,795%5,574%3,034%3,333%6,356%1033,211%5,792%5,564%3,039%3,335%6,348%1043,215%5,789%5,555%3,044%3,338%6,339%1053,219%5,786%5,546%3,050%3,340%6,331%1063,222%5,784%5,537%3,055%3,343%6,324%1073,226%5,781%5,528%3,060%3,345%6,316%1083,229%5,778%5,519%3,065%3,347%6,308%1093,233%5,776%5,511%3,070%3,350%6,301%1103,236%5,773%5,503%3,075%3,352%6,293%1113,239%5,771%5,495%3,079%3,354%6,286%1123,243%5,768%5,487%3,084%3,356%6,279%1133,246%5,766%5,479%3,089%3,359%6,272%1143,249%5,764%5,471%3,093%3,361%6,266%1153,252%5,761%5,463%3,097%3,363%6,259%1163,255%5,759%5,456%3,102%3,365%6,252%1173,258%5,757%5,448%3,106%3,367%6,246%1183,261%5,755%5,441%3,110%3,369%6,239%1193,263%5,753%5,434%3,114%3,371%6,233%1203,266%5,751%5,427%3,118%3,373%6,227%1213,269%5,748%5,420%3,122%3,375%6,221%1223,272%5,746%5,414%3,126%3,376%6,215%1233,274%5,744%5,407%3,130%3,378%6,209%1243,277%5,742%5,400%3,134%3,380%6,204%1253,280%5,741%5,394%3,138%3,382%6,198%1263,282%5,739%5,388%3,141%3,383%6,192%1273,285%5,737%5,381%3,145%3,385%6,187%1283,287%5,735%5,375%3,148%3,387%6,182%1293,290%5,733%5,369%3,152%3,388%6,176% 1303,292%5,731%5,363%3,155%3,390%6,171%1313,294%5,730%5,357%3,159%3,392%6,166%1323,297%5,728%5,352%3,162%3,393%6,161%1333,299%5,726%5,346%3,165%3,395%6,156%1343,301%5,724%5,340%3,169%3,396%6,151%1353,303%5,723%5,335%3,172%3,398%6,146%1363,305%5,721%5,330%3,175%3,399%6,141%1373,308%5,719%5,324%3,178%3,401%6,137%1383,310%5,718%5,319%3,181%3,402%6,132%1393,312%5,716%5,314%3,184%3,404%6,127%1403,314%5,715%5,309%3,187%3,405%6,123%1413,316%5,713%5,304%3,190%3,406%6,119%1423,318%5,712%5,299%3,193%3,408%6,114%1433,320%5,710%5,294%3,196%3,409%6,110%1443,322%5,709%5,289%3,198%3,410%6,106%1453,324%5,707%5,284%3,201%3,412%6,101%1463,326%5,706%5,279%3,204%3,413%6,097%1473,328%5,704%5,275%3,207%3,414%6,093%1483,329%5,703%5,270%3,209%3,416%6,089%1493,331%5,702%5,266%3,212%3,417%6,085%1503,333%5,700%5,261%3,214%3,418%6,081%Term to maturity (in years)RealRenminbi-yuanRinggitRussian roubleSingapore dollarSouth Korean won18,451%2,162%1,642%6,830%0,200%1,254%29,187%2,229%1,993%6,848%0,469%1,460%39,707%2,340%2,342%6,871%0,787%1,575%410,078%2,450%2,627%6,881%1,034%1,670%510,359%2,544%2,854%6,896%1,220%1,722%610,574%2,619%3,043%6,915%1,363%1,749%710,733%2,682%3,202%6,941%1,475%1,773%810,854%2,740%3,338%6,974%1,563%1,800%910,959%2,795%3,459%7,010%1,631%1,822%1011,039%2,849%3,575%7,048%1,682%1,831%1111,067%2,903%3,681%7,094%1,718%1,824%1211,049%2,957%3,782%7,142%1,745%1,809%1310,998%3,009%3,878%7,186%1,767%1,791%

1410,922%3,060%3,971%7,220%1,786%1,774%1510,827%3,108%4,059%7,239%1,805%1,760%1610,720%3,155%4,141%7,241%1,825%1,751%1710,603%3,200%4,215%7,227%1,846%1,749%1810,481%3,242%4,281%7,203%1,869%1,752%1910,354%3,283%4,337%7,170%1,895%1,762%2010,226%3,322%4,381%7,131%1,925%1,779%2110,098%3,359%4,414%7,088%1,957%1,803%229,970%3,394%4,436%7,041%1,991%1,833%239,845%3,428%4,450%6,993%2,027%1,865%249,722%3,460%4,458%6,943%2,064%1,900%259,602%3,491%4,460%6,892%2,101%1,937%269,486%3,520%4,458%6,842%2,137%1,974%279,373%3,547%4,453%6,792%2,173%2,012%289,264%3,574%4,446%6,743%2,209%2,049%299,159%3,599%4,436%6,695%2,243%2,086%309,057%3,624%4,425%6,647%2,277%2,122%318,960%3,647%4,412%6,601%2,310%2,158%328,867%3,669%4,399%6,557%2,342%2,193%338,777%3,690%4,385%6,513%2,372%2,226%348,691%3,710%4,371%6,471%2,402%2,259%358,608%3,730%4,356%6,431%2,431%2,291%368,529%3,748%4,342%6,392%2,458%2,321%378,454%3,766%4,327%6,354%2,485%2,351%388,381%3,783%4,313%6,318%2,511%2,380%398,311%3,800%4,299%6,283%2,535%2,407%408,245%3,816%4,285%6,249%2,559%2,434%418,181%3,831%4,271%6,216%2,582%2,459%428,119%3,845%4,258%6,185%2,604%2,484%438,060%3,859%4,245%6,155%2,625%2,508%448,004%3,873%4,232%6,126%2,646%2,531%457,950%3,886%4,220%6,098%2,666%2,553%467,897%3,898%4,207%6,071%2,685%2,575%477,847%3,910%4,196%6,045%2,703%2,595%487,799%3,922%4,184%6,020%2,721%2,615%497,753%3,933%4,173%5,996%2,738%2,634%507,708%3,944%4,163%5,973%2,754%2,653% 517,665%3,954%4,152%5,950%2,770%2,671%527,624%3,964%4,142%5,929%2,786%2,688%537,584%3,974%4,132%5,908%2,801%2,704%547,545%3,983%4,123%5,887%2,815%2,721%557,508%3,992%4,114%5,868%2,829%2,736%567,472%4,001%4,105%5,849%2,842%2,751%577,438%4,009%4,096%5,831%2,855%2,766%587,404%4,018%4,088%5,813%2,868%2,780%597,372%4,026%4,080%5,796%2,880%2,793%607,341%4,033%4,072%5,780%2,892%2,807%617,310%4,041%4,065%5,764%2,903%2,819%627,281%4,048%4,057%5,748%2,914%2,832%637,253%4,055%4,050%5,733%2,925%2,844%647,225%4,062%4,043%5,719%2,935%2,856%657,199%4,068%4,036%5,705%2,945%2,867%667,173%4,075%4,030%5,691%2,955%2,878%677,148%4,081%4,023%5,678%2,965%2,889%687,123%4,087%4,017%5,665%2,974%2,899%697,100%4,093%4,011%5,652%2,983%2,909%707,077%4,099%4,005%5,640%2,992%2,919%717,054%4,104%4,000%5,628%3,000%2,928%727,033%4,110%3,994%5,617%3,009%2,938%737,012%4,115%3,989%5,606%3,017%2,947%746,991%4,120%3,984%5,595%3,024%2,955%756,971%4,125%3,979%5,584%3,032%2,964%766,951%4,130%3,974%5,574%3,039%2,972%776,933%4,135%3,969%5,564%3,047%2,980%786,914%4,140%3,964%5,554%3,054%2,988%796,896%4,144%3,959%5,544%3,061%2,996%806,878%4,149%3,955%5,535%3,067%3,003%816,861%4,153%3,950%5,526%3,074%3,011%826,845%4,157%3,946%5,517%3,080%3,018%836,828%4,161%3,942%5,508%3,086%3,025%846,812%4,165%3,938%5,500%3,093%3,032%856,797%4,169%3,934%5,492%3,099%3,038%866,782%4,173%3,930%5,484%3,104%3,045%876,767%4,177%3,926%5,476%3,110%3,051% 886,752%4,180%3,923%5,468%3,116%3,057%896,738%4,184%3,919%5,460%3,121%3,064%906,724%4,187%3,915%5,453%3,126%3,069%916,711%4,191%3,912%5,446%3,131%3,075%926,698%4,194%3,909%5,439%3,137%3,081%936,685%4,197%3,905%5,432%3,142%3,087%946,672%4,201%3,902%5,425%3,146%3,092%956,660%4,204%3,899%5,419%3,151%3,097%966,648%4,207%3,896%5,412%3,156%3,103%976,636%4,210%3,893%5,406%3,160%3,108%986,624%4,213%3,890%5,400%3,165%3,113%996,613%4,216%3,887%5,394%3,169%3,118%1006,601%4,219%3,884%5,388%3,174%3,122%1016,590%4,221%3,881%5,382%3,178%3,127%1026,580%4,224%3,878%5,376%3,182%3,132%1036,569%4,227%3,876%5,370%3,186%3,136%1046,559%4,229%3,873%5,365%3,190%3,141%1056,549%4,232%3,870%5,360%3,194%3,145%1066,539%4,234%3,868%5,354%3,198%3,149%1076,529%4,237%3,865%5,349%3,201%3,154%1086,519%4,239%3,863%5,344%3,205%3,158%1096,510%4,242%3,860%5,339%3,209%3,162%1106,501%4,244%3,858%5,334%3,212%3,166%1116,492%4,246%3,856%5,329%3,216%3,170%1126,483%4,249%3,853%5,325%3,219%3,173%1136,474%4,251%3,851%5,320%3,223%3,177%1146,466%4,253%3,849%5,315%3,226%3,181%1156,457%4,255%3,847%5,311%3,229%3,185%1166,449%4,257%3,845%5,306%3,232%3,188%1176,441%4,259%3,843%5,302%3,235%3,192%1186,433%4,261%3,841%5,298%3,238%3,195%1196,425%4,263%3,838%5,294%3,242%3,198%1206,417%4,265%3,837%5,289%3,245%3,202%1216,409%4,267%3,835%5,285%3,247%3,205%1226,402%4,269%3,833%5,281%3,250%3,208%1236,395%4,271%3,831%5,277%3,253%3,212%1246,387%4,273%3,829%5,274%3,256%3,215%

1256,380%4,275%3,827%5,270%3,259%3,218%1266,373%4,277%3,825%5,266%3,261%3,221%1276,366%4,278%3,823%5,262%3,264%3,224%1286,359%4,280%3,822%5,259%3,267%3,227%1296,353%4,282%3,820%5,255%3,269%3,230%1306,346%4,283%3,818%5,252%3,272%3,232%1316,340%4,285%3,817%5,248%3,274%3,235%1326,333%4,287%3,815%5,245%3,277%3,238%1336,327%4,288%3,813%5,242%3,279%3,241%1346,321%4,290%3,812%5,238%3,282%3,243%1356,315%4,291%3,810%5,235%3,284%3,246%1366,309%4,293%3,809%5,232%3,286%3,249%1376,303%4,295%3,807%5,229%3,289%3,251%1386,297%4,296%3,806%5,225%3,291%3,254%1396,291%4,297%3,804%5,222%3,293%3,256%1406,286%4,299%3,803%5,219%3,295%3,259%1416,280%4,300%3,801%5,216%3,297%3,261%1426,274%4,302%3,800%5,213%3,299%3,263%1436,269%4,303%3,798%5,211%3,302%3,266%1446,264%4,304%3,797%5,208%3,304%3,268%1456,258%4,306%3,796%5,205%3,306%3,270%1466,253%4,307%3,794%5,202%3,308%3,273%1476,248%4,308%3,793%5,199%3,310%3,275%1486,243%4,310%3,792%5,197%3,312%3,277%1496,238%4,311%3,790%5,194%3,314%3,279%1506,233%4,312%3,789%5,191%3,316%3,281%Term to maturity (in years)Turkish liraUS dollarYen117,721%0,072%-0,109%217,964%0,282%-0,092%318,231%0,555%-0,086%418,400%0,783%-0,081%518,498%0,965%-0,073%618,528%1,105%-0,060%718,506%1,217%-0,045%818,441%1,304%-0,028%918,326%1,376%-0,008% 1018,168%1,434%0,014%1117,977%1,489%0,036%1217,759%1,537%0,060%1317,519%1,574%0,087%1417,263%1,603%0,114%1516,992%1,629%0,141%1616,712%1,654%0,167%1716,425%1,676%0,192%1816,133%1,696%0,216%1915,840%1,713%0,240%2015,547%1,725%0,264%2115,257%1,733%0,289%2214,971%1,739%0,311%2314,691%1,743%0,332%2414,417%1,746%0,350%2514,151%1,750%0,363%2613,893%1,753%0,374%2713,644%1,756%0,384%2813,404%1,754%0,397%2913,173%1,748%0,415%3012,951%1,737%0,441%3112,738%1,718%0,474%3212,534%1,696%0,514%3312,339%1,672%0,559%3412,153%1,646%0,607%3511,974%1,622%0,656%3611,803%1,598%0,708%3711,640%1,576%0,759%3811,484%1,557%0,811%3911,334%1,540%0,863%4011,192%1,526%0,914%4111,055%1,514%0,965%4210,924%1,506%1,014%4310,799%1,500%1,063%4410,679%1,497%1,110%4510,564%1,497%1,156% 4610,454%1,500%1,201%4710,348%1,505%1,245%4810,246%1,513%1,287%4910,149%1,524%1,329%5010,055%1,537%1,369%519,965%1,554%1,407%529,878%1,572%1,445%539,794%1,592%1,482%549,714%1,614%1,517%559,636%1,637%1,551%569,561%1,660%1,585%579,489%1,684%1,617%589,419%1,708%1,648%599,352%1,732%1,678%609,287%1,756%1,708%619,224%1,781%1,736%629,163%1,805%1,764%639,104%1,829%1,791%649,047%1,852%1,817%658,991%1,876%1,843%668,938%1,899%1,867%678,886%1,921%1,891%688,835%1,944%1,914%698,786%1,966%1,937%708,738%1,987%1,959%718,692%2,008%1,980%728,647%2,029%2,001%738,603%2,049%2,022%748,561%2,069%2,041%758,520%2,088%2,061%768,479%2,107%2,079%778,440%2,126%2,098%788,402%2,144%2,115%798,365%2,162%2,133%808,328%2,179%2,150%818,293%2,196%2,166% 828,258%2,213%2,182%838,225%2,229%2,198%848,192%2,245%2,213%858,160%2,261%2,228%868,129%2,276%2,243%878,098%2,291%2,257%888,068%2,306%2,272%898,039%2,320%2,285%908,010%2,334%2,299%917,982%2,348%2,312%927,955%2,361%2,325%937,928%2,374%2,337%947,902%2,387%2,349%957,877%2,400%2,361%967,852%2,412%2,373%977,827%2,424%2,385%987,803%2,436%2,396%997,780%2,448%2,407%1007,757%2,459%2,418%1017,734%2,470%2,429%1027,712%2,481%2,439%1037,690%2,492%2,449%1047,669%2,503%2,460%1057,648%2,513%2,469%1067,628%2,523%2,479%1077,608%2,533%2,489%1087,588%2,543%2,498%1097,569%2,553%2,507%1107,550%2,562%2,516%1117,531%2,572%2,525%1127,513%2,581%2,533%1137,495%2,590%2,542%1147,477%2,598%2,550%1157,460%2,607%2,559%1167,443%2,616%2,567%1177,426%2,624%2,575%

1187,409%2,632%2,582%1197,393%2,640%2,590%1207,377%2,648%2,598%1217,362%2,656%2,605%1227,346%2,664%2,612%1237,331%2,671%2,620%1247,316%2,679%2,627%1257,302%2,686%2,634%1267,287%2,693%2,640%1277,273%2,701%2,647%1287,259%2,708%2,654%1297,245%2,714%2,660%1307,232%2,721%2,667%1317,218%2,728%2,673%1327,205%2,734%2,679%1337,192%2,741%2,685%1347,180%2,747%2,692%1357,167%2,754%2,697%1367,155%2,760%2,703%1377,143%2,766%2,709%1387,131%2,772%2,715%1397,119%2,778%2,721%1407,107%2,784%2,726%1417,096%2,789%2,732%1427,084%2,795%2,737%1437,073%2,801%2,742%1447,062%2,806%2,747%1457,051%2,812%2,753%1467,041%2,817%2,758%1477,030%2,822%2,763%1487,020%2,828%2,768%1497,009%2,833%2,773%1506,999%2,838%2,777%

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 RepublicCyprusDenmark10030502312003750390300425144040245524505034954480614525651071555585208265651052093758512490103860513480Duration (in years)EstoniaFinlandFranceGermanyGreeceHungaryIreland100003714152000023142130000205423420001794245300016542564000162427750001594288601016332997020165129108030167429Duration (in years)ItalyLatviaLithuaniaLuxembourgMaltaNetherlandsPoland164501504214101102104 3181314023044211516024045241718025046251820027047272021028048282123029049302224129041031232522904Duration (in years)PortugalRomaniaSlovakiaSloveniaSpainSwedenUnited Kingdom123911175002391615201100344181724140044519182816005482119321800651222135200075223223621008522523382300949262438240010482424382500Duration (in years)LiechtensteinNorwaySwitzerlandAustraliaBrazilCanadaChile10000120172000012018300001201840000120175000012016600001201570000120148000012015900001201510000012013 Duration (in years)ChinaColombiaHong KongIndiaJapanMalaysiaMexico1012010009201801000932280100010433501000105337010001063400100010744201000108840010001095370100010105390101010Duration (in years)New ZealandRussiaSingaporeSouth AfricaSouth KoreaThailandTaiwan10007914200091204300010120440001014045020101504605012150470701416048011015160490170161604100170181604Duration (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 6172043114226530120527204311422653096938224410822352679049244711022252565451027521132225255506112955118222525525713315712122252552581332571202225255259133357119222525525101334571192225255251114355811922252552512143658119222525525131536581192225255251415375811922252552515153758119222525525161537581192225255251715375811922252552518153758119222525525191537581192225255252015375811922252552521153758119222525525221737581192225255252317375811922252552524183758119222525525251837581192225255252619375811922252552527193758119222525525282137581192225255252921375811922252552530223758119222525525

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 611428511222345381261216305312423654010173183255118233537830419345712023253668652036621232315355766203864127231534534721396612923053453482039651272295335339204064126229533533102041641262285325321120416412522853153112204163125227531531132041631242275305301419416212422653053015194162123226529529161840611232255295291718406112322552952918184061123225529529191840611232255295292019406212322652952921194162123226529529221941621242265305302319416212422653053024194162124226530530251941621242265305302619416212422653053027214162124226530530282141621242265305302922416212322653053030224162123226530530 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 6162043114226530120526204311422653096937224410822352679049244711022252565451027521132225255506112955118222525525712315712022252552581232571192225255259133257119222525525101334571192225255251114355811922252552512143658119222525525131436581192225255251415365811922252552515153658119222525525161536581192225255251715365811922252552518153658119222525525191536581192225255252015365811922252552521153658119222525525221736581192225255252317365811922252552524183658119222525525251836581192225255252619365811922252552527193658119222525525282136581192225255252921375811922252552530223758119222525525 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 61779011418529760112432748711118129459710043789211517829359782147793116179290594681577931191802885925926769412018328759059077694120184285588588875941191822845875879749411818028358758710719211517728058358311699011317527758158112699011217327658058013689011117327557957914689011117227557957915689011117227557857816678911017227457857817678911017127457757718668810917127357757719668710917027357657620658710816927257657621648610716927157557522648510716827157457423638510616727057357324628410516626957257225618310416526857157126608210316426757057027598110216326656956928588010116226556856829577910016126456756730567899160263566566 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 61102447118230534121421225491192325359783142951115229533798416315411722953266151834591212295335566193663125229533533720386412822953253281938641262285325329193963125228532532101940631252285315311119416312522753153112204163125227531531132042631252275315311420426312522753153115204263125227531531162042631242275315311720426312522753153118204263125227531531192142641252285315312021436412522853253221214364126228532532222244651262295325322322446512622953253224224465126229532532252244651262295325322622446512622953253227224465126229532532282244651262295325322922436512622953253230224364126228532532

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 6148618415526757112122516488159271575976356719315727257579546075981612735766585627910416527457757766381107170274577577764821091722735775778638210817027257657696282106168271575575106182106167270573573116182105166268572572126081103165267571571135981102163266570570145880101162265568568155779100161264567567165678991602635675671755779816026256656618557698159262565565195476971592615655652054759715826156456421537596157260564564225274951572595635632352739515625956256224517394155258561561255072931542575615612649719215425656056027487091153255559559284869911522555585582947699015125455755730466889150253557557 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 616194211322652912042619421132265299693721441072225257904823461092215256545926511132215245506102855117221524524712305612022152452481231561192215245249123256118221524524101233571182215245241113345711822152452412133557118221524524131435571182215245241414365711822152452415143657118221524524161436571182215245241714365711822152452418143657118221524524191436571182215245242015365711822152452421153657118221524524221736571182215245242317365711822152452424183657118221524524251836571182215255252619365711822152552527193657118221525525282136571182215255252921365711822152552530223657118221525525 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 61824531452445481223282453145244548986392653131241544805410285512223954266751230571122385415606143460105237540540716366199236539539817386092235538538920456387234537537101944618423353653611184360842325365361218436086231535535131843618623053453414184361862305335331518436186229532532161843618622853153117184361862275305301818436186226530530191843618622653053020184361862265305302118436186227530530221843618622653053023184361862265295292418436186225529529251843618622552852826194361862245285282719436186223527527282143618622352752729214361862225265263022436186222526526 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 61849812119230460812642839612019030360610213829711918329860183548297120183295598692581971231842925965966809812418729059459477997124187288592592877961211842865905909759511918128458758710749511818028258658611739411717828158558512729311517727958358313719311417527858258214709111317427758058015689011117327557957916678911017227457857817668810917127357757718658710817027257657619648610716927157557520648510716827157457421638510616727057357322628410516626957257223618310416526857157124608210316426757057025598010216326656956926587910116226456856827577899161263567567285577981602625665662954769715926156556530537596158260564564

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 6157709316427658012182566992163276579985356709315627157580645772951582705736685567398160268572572656731001632665705707567410116426556956985474991612645675679537398159262566566105373971582615655651152739615826056456412527496157259563563135273951562595625621451739415625856256215517394155258561561165072931542575605601749719215425656056018497192153256559559194870911532555595592048709115325555955921487091152255559559224769911522545585582347699015125455855824466889151253557557254668891502535565562645678814925255655627446687149251555555284465871482515545542943658614725055455430426485147249553553 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 61314468139251555123323245691402525559953324769133248551813433487113424654967453350751372455495666345178141244548548734537914224354754783353781402425465469335377139242545545103353771382415455451133547613824054454412325476137240543543133254751362395435431432537413623854254215315374135238541541163052731352375415411730527313423754054018295173134236540540192951721342365405402029517213423654054021295173134236540540222951721342365405402329517213423654054024295172133236540540252951721332365395392628507113323553953927285071133235539539282850711322355385382928497113223553853830274970132234538538 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 6103259520851112012152696209512967325279120550978842730932045086535493596204508549641138101204508508751440103204508508861440102204508508971540101204508508108164010120450850811818411032055095091291840101204507507131019411022055085081410194110220550850815121839101203507507161217391002025065061713173810020250650618141739100203506506191418391002035065062015183910120350750721152040101204507507221720401012045075072317214010120450750724182139101203507507251822391012035075072619233910120350750727192441100203507507282124421002035065062921254310020350650630222644100203506506 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 61465982153265569121624659821532655699803466183147261565801447628514826056366454764891502595625626476592154258561561748669215625756156184766911542565605609466690152255559559104666901512545585581146679015125355755712456789150253556556134567881502525565561445668814925155555515446687148251555555164365861472505545541743648614725055355318426485147249553553194263851462495525522042638514624855255221416384146248552552224163841452485515512340628314524755155124406183144247550550253961821432465505502638608114324554954927385981142244548548283759801412445475472936587914024354754730355778140242546546

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 61183154125237541122522135581292415459853254062126241544804429446713024254566753248731352435475616314875137241545545735548014324454854883453791412435475479355579141244548548103757811432455495491138608214424655055012396183144247551551134062831452475515511441628414524855155115416384145248551551164062831452475515511740628314524755155118406283144247550550193961831442465505502040618314424655055021396182144246550550223961821442465505502339618214324654954924396082143245549549253860811422455495492638598114224454854827375980141244548548283758801412435475472936587914024354754730355778140242546546 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 61173054125237541122821832551262385429903213557121236539809422376012323553967152340651272355395646254269131235539539726447113423553953982645701332355385389264670132235539539102747711322355395391127487113323553953912284971133235539539132850711332355395391428507113323553953915285071133235539539162850711332355395391728507113323553953918285071132235539539192850711322355395392028507113323553953921285071132235539539222850711322355385382327497013223453853824274970131234538538252648691312335375372626486913023353753727264769130233536536282547681302325365362925476812923253553530244667129231535535 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 61496386157269573128125366891602725761041357719315727257585245975971602725767075617810316427357659566381107170273577577764831091722735775778648310917127357757796484108170273577577106585109170273577577116586109170273576576126586108170272576576136486108169272575575146486107168271574574156385106167270574574166284105167269573573176283105166269572572186183104165268572572196082103165267571571206082103164267570570215981102164266570570225880101163265569569235779100162264568568245778100161263567567255677991602635665662655779815926256556527547697158261564564285375961572605635632952749515625956256230517394155258562562 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 61819411818830160412712869912219330560910383881021251883036068564891041271903026057145921091341953046076076941121392013056086087961151412043056096098971171422053076106109981181432053086116111099120144205308611611111001211432053076116111299121143204307610610139812014220330660960914971191402023046086081596118139200303607607169511613819930260560517931151361983006046041892114135196299603603199111213419529860160120891111321942966006002188110131192295598598228610812919129359759723851071281892925955952483105126188290594594258110312418628859259226801021231842875905902778100121183285589589287798120181284587587297597118179282586586307495117178281584584

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 61112448118231534121821427511212345379823173254118233536802420365812123353766552339641262345385606244268131235538538726447013423553853882645701332355385389264670132235538538102647711322355385381127487113223553853812274870132234538538132748701312345375371426486913123353753715264769130233536536162547681292325355351724466712923153553518244667129231535535192446671282315355352024466712923153553521244667129231535535222446671292315355352324466712923153553524244667129231535535252446671282315355352624466712823153453427244567128231534534282345661282305345342923456612823053453430234566127230534534 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 61951081322023156181286296109133203316619104239711213419831261685449911413720031261571051001171422033116156156101118145207311615615710112014621031161461481011211462083106146149101121145207310613613101001201442053086126121199120143204307610610129711914120230560860813961181392013036076071494116137199301605605159311413619730060360316911121341952986016011789111132194296600600188810913119229559859819861081291912935975972085107128190292596596218410612718929159559522831051261872905945942382104125186289592592248110212418528859159125791011221842865905902678100121183285589589277799120181284588588287698119180283586586297597118179282585585307495117178281584584 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 613193323564275398431326285981211923046081074388102125188303607879492107130193305608729594111136197306609614696113140203306610610797116142206307610610898117143205307611611999119143205308611611109912014320530761161111100121143205307611611121001221442053086116111310112314420530861261214102123145206308612612151021241452073096136131610312514620831061461417104126147209311615615181051271482103126166161910612814921031361761720107128150211313617617211071281502113146176172210612814921131361761723106127149210313616616241051261482093126156152510412514720831161461426102124145207309613613271011231442053086126122810012114320430761061029981201412033056096093097119140201304607607 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 61012361062195221219211236106219522980321436100215518799421638101213517661541743104212516555641945108211515515752046110211514514862045108210514514972044106209513513108214410620851251211822441062085125121292244106208512512131023441062085125121411234510620951251215122445106209512512161224451062095135131713244610721051351318142546107210514514191426471082115145142015264810921251551521162748110212516516221728491102135175172317285011121451751724182950111214518518251829501122145185182619305111221551851827193051112215519519282130511132155195192921305211321651951930223152113216519519

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 615164881592715751235252658916027257699735367901532685728154546992155267570675554719615826656956965573991622655695697557410016326456856885574991622645675679547498160263567567105374981592625655651153749615826056456412527395156259563563135172941552585615611449719215425656056015487091152255559559164768901512545575571746678915025355655618456688149252555555194466871482515545542043658614825055455421436586147250553553224264851472495535532342638514624955255224416384145248551551254062831452475515512640618314424655055027396182143246549549283860811432455495492938598114224454854830375980141244547547 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 6111512815122233563812912116129153223336639104831191331562193346378594121136159222334638715512314016522633463863861241421682313356386387125144170234335638638812514417023233463863891251451692313346376371012514516923033363763711124145168230332636636121231451672283316346341312214416522732963363314120142163225327631631151181401612233256296291611613815922132362762717114136157219321625625181121341552173196236231911013215321531762162120109130152213316619619211071291502113146176172210512714820931261661623103125146208310614614241011231442063086126122510012114320430661061026981201412023056086082796118139200303606606289411613719930160560529931141351972996036033091113134195298601601 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 611661792022733866891380217618921228339569911203182196219282397700919418520022328639870176351862032282903987017016187204231293397701701718720523229539670070081852052302933956986989184204229291393697697101842042282903926966961118320422728839169469412181202224286388692692131782002222833856896891417619721928038368668615173194216277380683683161701912132743776806801716718821027137467767718164185207268371674674191611832042653686716712015818020126236566866821155177198259362665665221521741952563596626622314917119225335665965924146167189250353656656251431641862473506536532614016118324434765065027137159180241344647647281341561772383416446442913115317423633864264230129150171233335639639 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 613245691392525551257233467014025355610123344971135249553826435517413624855268453653781392485515756375481143247551551737568214524655055083655811432455495499355580142244548548103556791412445475471135567914024354754712355678140242546546133556781392425455451434567713924154554515345677138241545545163456771382415455451734567713824154554518345677138241545545193456771382415455452034567713924154554521345677139241545545223456771382415455452334567713824154454424345577138241544544253355761382405445442633557613724054454427335576137240543543283254751372395435432932547513623954354330325375136239542542

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 612942661362495521247231446713825155410073334870134249552824436517413724955268453854801412495535766395783146250553553741598614925055455484160861482505545549416186148250554554104263861482515545541143648714825155555512446587149251555555134466871492515555551444668714925155555515446687148251555555164466871482515545541744668714825155455418446687148251554554194466871482515555552044668714925155555521446687149251555555224466871492515555552344668714825155555524446587148251554554254365861482505545542643658614725055355327426485147249553553284263851462495525522941638414524855255230406283145247551551 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 611261391622333456491348212413816123234464810853125139162225340643885412514116422733864273251261421682293376416416126143170232336640640712614417123433563963981251441702323346386389124144168230333637637101241451682303336366361112414516822933263563512123145167228331634634131221441662273296336331412114316422632863263215119141162224326630630161171391602223246286281711513615821932262562518113134156217319623623191101321532153176216212010813015121331561961921106128149211313617617221041261472083116156152310212414520630961261224100121143204306610610259711914020230460860826951171382003026066062793115136198300604604289111313419529860260229891111321932966006003087109130192294598598 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 610133710722052312202215381092225259843419411052195238054722451082205236685925511122205245626102854117221524524712305712022152552581231561192215255259123256118221525525101233561182215245241113345611822052452412133456118220524524131334561172205245241413355611722052352315133456117219523523161334551172195235231713345511721952352318143455117219523523191434551172195235232015355611722052352321163556118220524524221735571182215245242318365711822152452424183657118221525525251936571192215255252619365711922152552527213657119221525525282136571192215255252922365711922152552530223657119221525525 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 613649721432555591240236497314325655910003365173137251555816436527513824955367553753791402485525686395683146249553553737558214524655055084059851472495535539395984145248552552103455791402435475471131527513623854254212284971133235539539132647691302335365361424466712823153553515234466127230533533162143641262285325321720426312522753153118204163124227530530191941621242265305302019416212422653053021194162124226530530221941621242265305302319416212422653053024194162123226530530251941621232265305302619416212322652952927214162123226529529282140621232255295292922406112322552952930224061123225529529

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 6120521824231242572815702201215238309421725126831982122352984137161038419421023329640771186051912072332944027067236187205231294397701701718420222929239369769781791992242863896926929175195220282384688688101721922162773806846841116818921227437668068012165186208269372676676131611832042653686726721415717920026236466866815154175197258361664664161501721932553576616611714716919025135465765718144166187248351654654191411631842453486516512013816018124234564964921135157178240342646646221321541752373396436432313015117323433764064024127149170231334638638251241461672293316356352612214416522632963263227119141162224326630630281171391602213246276272911513615821932162562530112134155217319623623 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 6192549103236539121829254910323653998131028519823453780241333549623453866551739599923553956061842649623653953972044639023654054081843639023654054091945659323654054010214867972365405401122506910023654054012245270101236540540132554711012365405401426557110123654054015265571101236540540162655711012365405401726557110123654054018265571101236540540192655711012365405402026557110123654054021265571101237540540222655711012375405402326557110123754054024265571101236540540252655711012365405402626557110123654054027265571101236539539282655711012365395392926557110123553953930265571101235538538 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 610315861985021214215148419750097632513771924957954261578190493658547198118949355364722851884924927592487188492492869238618849249297102385188492492108112485188492492118112486188492492129132486188492492131013248618849249214101425861894924921512142686189493493161216278618949349317131629871894934931814173087190493493191418318819049449420151832881914954952115203489191495495221720358919249549523172136891924964962418213790192496496251822389019249649626192339901924964962719244190192496496282125428919249649629212543891924964963022264489192496496 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 6121521421603003173221521421603442356321523471553611772421626511533611365531829531533531079642032561533408737623335815332472086243561153306604962436631532895141062538661532724421172638661532553831272638671532473351372638671532472941472638671532472601572638671532472471672641671532472471772643671532472471872646671532472471972648671532472472072650671532472472172653671532472472282655671532472472382657671532472472482659671532472472592662671532472472692664681532472472710266770153247247281026697215324724729102672741532472473011267475153247247

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 611022295016831433292122431521703612481312253357165378186741226366116337814365122739631623691133613294165162355915714314266161337754813314268160319631913324371160301536101332447216028246011133244731592653991212314472158252348131231437215825230614113043711572512711511304271157251251161029427015625025017102944701562502501810294770156250250191029507015625025020113051701572512512111305471157251251221130577115725125123113059711572512512411306271157251251251130647115725125126113066711572512512711306972157251251281130717415725125129113073761572512513011307778157251251 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 6121421421603003173221421421603442356311523471553611772411626511533611365521829531533531079642031561533408737523335815332472085233460153306604962436631532895141062538651532724411162538661532553831272638661532473351372638661532472941472638661532472601572638661532472471672641661532472471772643661532472471872646661532472471972648661532472472072650661532472472172653661532472472282655661532472472382657661532472472482659661532472472592662661532472472692664681532472472710266770153247247281026697215324724729102672741532472473011267475153247247 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 617385921132313273280270828811022835624473728593117225375184647084941192213761425569849611921936811276698596121218355913769869712121633875386886971232153216329678697125214308537106483961232113054621162819412220830240112618093121207301350136079921202063003081460799212020630030015607991120206300300165978911192052992991759789011920529929918587790118204298298195877891172042982982057768911720329729721567588116202297297225675871152022962962355748611520129529524547385114200294294255372841131992932932652718311219829229227517082111197291291285069811091962902902949688010819528928930486779107194288288 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 61618254616430232002820264816634723773821305416236417904923335816036513795102537601603571091611283963160343882713304065160327728812304167159310611912314270159292519101231447115927544611123144721582583881212314472158252339131231447215825229914123144721582522641512314472158252252161231447215825225217123144721582522521812314672158252252191332497215925325320133251731592532532113335473160254254221433567416025425423143358741602542542414336174160254254251433637416025425426143366741602542542714336874160254254281433717416025425429143373751602542543013337677160254254 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 614355628320130231942475965872053462372350647296204363178445367771022043631374554708110520535510856567283108205341878757748510920432672585674851112033096099557485113202296518105473861142012954461153728511320029438712527184112198292339135170831111972912981450698111019629029015496880109195289289164867801081942882881747667910719328728718476678107193287287194665781061922862862046657710519228628621456477105191285285224463761041902842842344637510319028428424436274103189283283254261741021882822822641607310118728128127405972100186280280284059719918628028029395873991852792793038577698184278278

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 6111420411603003170211420411603442354311422461543601771411525501523611364521728521523531078631931551523398727522325715232372085233460152306604952435631522895131052437651522714411162537651522553831262538661522463341362538661522462941462537661522462601562538661522462461662541661522462461762543661522462461862546661522462461972548661522462462072550661522462462172553661522462462282555661522462462382557661522462462482559661522462462592562661522462462692564681522462462710256770152246246281025697215224624629102572741522462463011257475152246246 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 610112245178305322420112245178350240031112349173367180741132655170368139251162859169359110062183360168346889732136601673297348524375916631261598304258165294523101134425716427644911103341571632593891293241561622563401383142571622562991483142571612552651583143571602542541683143571592532531783144571582522521883146571572512511983148571572512512083151571582522522183153591582522522283155611572512512383158631572512512493161651562502502593162671562502502693165681552492492710316770155249249281031707315424824829113172751542482483011317476153247247 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 618092991202383343339278919711923736224903769098122230380187847589991242263821449573881001232233741146673891001252223609287728910012421934376687088991252173266439688798126215309546106786981262133084691166859712621230640712648396124210305356136382951232093033131462819312120830230215607992120206300300165978911192052992991758779011820429829818577689117203297297195675881162022972972056758711520229629621557486115201295295225473851142002942942353728411319929329324527183112198292292255170821101972912912649698110919629029027486880108195289289284766791071932882882946657810619228628630456478105191285285 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 6152657192210306320925164709221035023963506372962043681808449637499201369139554964759919936111046496576101197348894749667710119633273984865771021953156209466577104193297528104665771051922864541145647710519128539412446476104191285344134463751041902843031443627510318928328315436274103189283283164261731021882822821741607310118728128118416072101187281281194059721001862802802040597210018628028021405972100186280280223959719918628028023395871991852792792438577098184278278253857699818427827826375669971832772772736556996182276276283655719518227627629355474951812752753034537694180274274 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 612739466718530732502284046681863532424326404872180371182642640507517737214085264152761763631112626435478175350899727445580174333742826445581174315622926455684173297528102645578517227945411254457851722663941225445685171265344132443568417026430314234355831702642681523425583169263263162241548216826226217224153821682622621821415381168262262192140538116726126120214053811672622622121415481168262262222140578116726126123214058811672612612421406181167261261252140648116726126126204066801672612612720396980166260260282039718016626026029203973791662602603019387679165259259 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 61003241422993163201625143343234931183013836017674131133135360136251414351353521077624163913533987172619411353237198262243135306603937244613528951310482648135271441114929501362553821241031491352383341341034501362302941441236491362302601551238481342292311661341481342282281761443501332282281861545521342282281971547541342282282071750561342282282171753581352292292281854601352292292381857611352292292482059641342292292592062661342282282692164681362282282710236770137228228281023697113822822829102472731392282283011257475141228228 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 614153608119930332052415460811993482384340536286194365179744054648919136713875405566901903591098640566892189346889741586993188330734840586995187313616939586997186295524103958709818527945111385770981852793911238576998184278342133756699718327730114365668961832772771536556896182276276163554679518127527517355466941812752751834536694180274274193453659418027427420335365931802742742133526593179273273223352649317927327323325164921782722722432516391178272272253150639117727127126304966901762702702729496889176270270282948718917526926929284773881742682683027467687173268268 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 611326325317130532302172936571753492396319334165173366180442236467117336813925243951741743601102623405175172347892728465681176331737827455682174314619928475886175296526103049618917627945311315063911772713931232516492178272344133251649217827230214335264921792732731533526493179273273163251649217827227217325164921782732731832516392178272272193151639117827227220325163911782722722131516391178272272223150639117727127123315063911772712712430506290177271271253049649017627027026304966891762702702729486989175269269282848718817526926929284773881742682683027467687173268268 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 611325315317130632372142633541723512409314283660168369181741529396416637014015163142661663621108617344569166349897719364771166332740819374874166315621919384977166297528102039517916627945411203952801662623931220395280166260344132039528016626030214203952801662602671520395280166260260162039528016626026017203952801662602601820395280166260260192039528016626026020203952801662602602120395480166260260222039578016626026023193858791652592592419386179165259259251838637816525925926183766781642582582718376877164258258281736717716325725729173673771632572573016357677162256256

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 614557648520331933882486067882063692542351647296204388192045266761012033901482554698010420438211726567283108204368948757748511020435178285775861122043326569577687115204314558105877891172042984791158778911720429841612577689117203297363135776881162032973191456758711620229629615557487115201295295165473861142002942941754738511420029429418537285113199293293195271841121982932932052718311219829229221517083111197291291225069821101962902902349688110919529029024486880108195289289254867791071942882882647667810619328728727466577106192286286284564761051912852852944637610419028428430436280103189283283 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 6176899511723533033572819410012123936825343829510312723539119284829610613123339514955851001111352353881187687103115139236375963789107117142237358796891108120146238340669992110122149239333569109211112415223933349011921111241522393334251292111123152238332371139111012215023733133114891081211492353293291588107120148234328328168710611814623332732717851041171452313253251884103116144230324324198310211414222932332320811001131412273213212180991121402263203202278971101382243183182377961081372233173172475941071352213153152573931051332203143142672911031322183123122770891021302163103102869881001282153093092967869912721330730730668597125212306306 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 61719254716530332112102228501683492388311253357165366180141327376216436713895153042651653591099617334469166346890719364671166330735819374874166313616919384977166295524101938517916627745011203951791662603911219385179165260341131938507916525930014183750781642582661518374977164258258161736487716325725717163648761632572571816354876162256256191635497616225625620163551761622562562116355476162256256221635567616225625623163558761622562562416356176162256256251635637616225625626163566761622562562716356875162256256281534717516125625629153473751612552553015347677161255255 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 61901031091312493453401291104110132250369254639110411313724538919254911061161412433921489592107119143243384118069311012114524237195679411212214724235479089411212314924233666399411212415124133556410931121241522393334851192111123151238332420129010912215023633036713881071201482343283281486105118146232326326158510411614423132532516831021141422293233231781100113141227321321188099111139226320320197897110138224318318207796109137223317317217695108136222316316227594107135221315315237493105134220314314247392104132219313313257190103131217311311267089102130216310310276988101129215309309286887991282143083082967869812721330730730668597125212306306

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 613153273343554735693513280939912023838026293829510412823640019854849810913423640215315861021131372373931211688105116140237379979790108118143238361808891109120146238342677992110122149239333576109211112315123933349511921111241522393334291293112124152239333375139311212515323933333314941131251532403343341594113126154240334334169511412715524133533517961151281562423363361897116129157243337337199811713015824433833820981181301582453393392199118130158245339339229811713015824433833823981171291572443383382497116128156243337337259611512715524233633626941131261542403343342793112125153239333333289211112315123833233229901091221502363303303089108120149235329329 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 61071335153303321120713351533482384317153914736417924171742144365138051820431433561090621021461423428817212224714232672782122349141309609931225511402915171041226521402734441141229531392563851241232531392403371341234531392342961441337531402342621561338541402342341661341541402342341761444541412352351861546551412352351971548561422362362071751571432372372171753591432382382281855611442382382381958631452392392492061651452392392592162661452402402692165681462402402710236770146240240281023707314624024029112472751472412413011257477147241241 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 6147596687205307325824860678820635424283476069932013711830447617196198373141154762739719736411156486475100197351902748657610019533474484866771031953176249476677105194299531104665781061932874561145647710519228639612446376104190284346134362741031892833041441607310118728128115405972100186280280163958709818527927917385769971842782781837566896183277277193655679618227627620355467951812752752135546695181275275223453669418027427423345365931802742742433526593179273273253251649217827227226315166911782722722731506991177271271283049719017627027029294973891762702703029487689175269269 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 61110123129151269364341421121241301522703712560311312613415826639219374114128138163265394149951151311421662663871188611713314516926637496471181361461712663607988118136147173265359671911813714817626535957210118137149177264358492111171361491772633574281211613514717626235637413114133146174260354354141121311441722583523521511013014217025735135116108127140168254348348171061251381662523463461810412313616425034434419102121134162248342342201011201321602473413412199118131159245339339229711612915724333733723951141271552413353352493112125153239333333259111112315123833233226901091211492363303302788107119148234328328288610511814623232632629841041161442313253253083102114143229323323

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 6116117418020232041536682171184190211329425275231761891972213294252082417719220222732942316085179194205229329423127361791962072313284221030718019720823232742185081791962082343264207139178196208235325419606101771962082363234175201117519420723532241645112173192205233319413413131701902022303174114111416818719922731440840815165184196224311405405161621811932213084024021715917819021830539939918156175187215302396396191531721842132993933932015016918121029639039021147166178207293387387221441631752042903843842314116017220128738138124138157169197284378378251351541661942813753752613215116319127837237227129148160189275369369281261451571862723663662912314215518326936336330120140152180267361361 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 612840466818631333212284147691873592468328415074182376185742842527717937714315284455791793691131629455781178355915730475883177338754829475884176320633929475986175302538102847608717528446211284759881742684001227465987173267350132746588717326730814264558861722662721526455886172266266162645588617226626617264558861722662661826455886172266266192645588617226626620264558861722662662126455886172266266222645588617226626623264560861722662662426456285172266266252544658517126526526254467851712652652725447085171265265282443728417026426429244375841702642643024437783170264264 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 612537436518331032932263945671853572455327414973181376185342843537818037814305304557801803701132632485984181356917734516286181340757834526389181322635935536592181304540103554679418228646511365568961822764031236556896182276353133655689618227631014365568961822762761536556896182276276163655679618227627617365567961822762761836556796182276276193655689618227627620365568961822762762136556896182276276223655689618227627623365568961822762762436556795182276276253554679518127527526355468941812752752734537094180274274283453739318027427429335275931792732733032517892178272272 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 6112113314016127937535772120132139160278384266131191321401642724022001411813214216726940315405118133145168268394121561181341461702673799827119136147171266361809811813614717326535967891171361471752643585761011713614917626435849411117136148176263357428121161351471752623563741311413414617426135535514113132145173259353353151111301431712573513511610912814116925534934917107126138166253347347181041241361642513453451910212213416224934334320100119132160246340340219811713015824433833822961151281562423363362394113125154240334334249211112315123833233225891081211492353293292687106119147233327327278510411714523132532528831021151432293233232981100113141227321321307998111139225319319

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 610814361543043215201016381563492394311120441523671806411324491513691394511628511513611103631930551523478937522335715233173785233460152314618952435631522965261052437641522784521152437651522613921252437651512453421352437651512453011452437651512452661562440641512452451662341641502442441762344641502442441872347641502442441972349641502442442072451651512452452172454651512452452282556651522462462382558661522462462492561661522462462592563681522462462692566701522462462710256872152246246281025717315224624629112573751522472473011257677152247247 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 613143507118930932722324450721903552435330435276184372183342943547818037314125294456791793641115632485984180350902730475882177333744833516288180316623932516390179298530102846598717428045511234255831702643941220395280166260344131837507816425830314163548761622562671515344674161255255161332457315925325317123144721582522521812314771158252252191130497115725125120113051711572512512111305471157251251221130567115725125123113058711572512512411306171157251251251130637115725125126113066711572512512711306872157251251281030717315725125129112973751562502503011297677156250250 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 6120121321924135945542082197209216237355451314931922052132373454702377418720121223633847218315183198210233333462144561801962072323294441166717719420522932442496081731902022273204148029169187199226316410680101651841962243114055821116118019322130740150312157176189217303397438131531721852132993933931414916818120929538938915146165177205292386386161421611742022883823821713915817119928537937918136155167196282376376191331521641932793733732013014916219027637037021127146159187273367367221241431561842703653652312214115318126836236224119138151179265359359251161351481762623563562611413314517426035435427111130143171257351351281091281401692553493492910612613816625334734730104123136164250344344 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 61014265117030332082014265117034823873117285616636618004120316116536713895323366616635910996527396816734688978314271167330734810344574167313616912374976167295524101339517716727745011144052781672623901215425479167261341131643548016726130014164455801672612651516445580167261261161644558016726126117164455801672612611816445580167261261191644558016726126120164455801672612612116445580168262262221644568016826226223164458801682622622416446180168262262251644638016726126126164466801672612612716446880167261261281644718016726126129164473801662602603016447580166260260

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 61003141323023199201614131347237431191712436317844131120121363137351414221203541084624162512034187772619271193247238262230119307606937243311928951510482635119272442114929371192553831241031391192393351341034411192242951441236431202142611561238451202142321661341481202142141761443501212152151861545521232152151971548541252152152071750561272162162171753581282172172281855601302172172381857621322172172482059641332172172592062661342172172692164681372172172710236770138217217281023697113821721729102472731402172173011257475141217217

Annex

ANNEX III Volatility adjustment to the relevant risk-free interest rate term structure CurrencyNational insurance marketVolatility adjustment (in bps)EuroAustria3EuroBelgium3EuroCyprus3EuroEstonia3EuroFinland3EuroFrance3EuroGermany3EuroGreece3EuroIreland3EuroItaly3EuroLatvia3EuroLithuania3EuroLuxembourg3EuroMalta3EuroNetherlands3EuroPortugal3EuroSlovakia3EuroSlovenia3EuroSpain3Czech korunaCzech Republic14Danish kroneDenmark55ForintHungary4KronaSweden10KunaCroatia0LevBulgaria-7Pound sterlingUnited Kingdom5Romanian leuRomania1ZlotyPoland5KrónaIceland-6Norwegian kroneNorway33Swiss francLiechtenstein8Swiss francSwitzerland8Australian dollarAustralia8 Canadian dollarCanada38Renminbi-yuanChina36Hong Kong dollarHong Kong2US dollarUnited States23YenJapan6