Commission Implementing Regulation (EU) 2024/456of 7 February 2024laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 31 December 2023 until 30 March 2024 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)

Commission Implementing Regulation (EU) 2024/456 of 7 February 2024 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 31 December 2023 until 30 March 2024 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 January 2024, the European Insurance and Occupational Pensions Authority provided the Commission with the technical information related to end of December 2023 market data. That information was published on 8 January 2024 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 December 2023 until 30 March 2024.

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 interest 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 December 2023. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 7 February 2024. 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 kroneForintKronaLev13,357%5,185%3,347%6,301%3,027%3,307%22,690%4,144%2,680%6,121%2,799%2,640%32,439%3,678%2,429%5,931%2,498%2,389%42,350%3,489%2,340%5,796%2,339%2,300%52,323%3,405%2,313%5,715%2,262%2,273%62,321%3,370%2,311%5,675%2,218%2,271%72,331%3,359%2,321%5,670%2,197%2,281%82,349%3,361%2,339%5,695%2,194%2,299%92,370%3,369%2,360%5,729%2,210%2,320%102,393%3,379%2,383%5,776%2,245%2,343%112,423%3,389%2,413%5,826%2,300%2,372%122,439%3,398%2,429%5,875%2,362%2,389%132,455%3,406%2,445%5,924%2,426%2,405%142,467%3,414%2,457%5,964%2,487%2,417%152,470%3,420%2,460%5,999%2,544%2,419%162,460%3,426%2,450%6,021%2,596%2,410%172,445%3,430%2,435%6,030%2,643%2,394%182,428%3,434%2,418%6,028%2,686%2,378%192,414%3,438%2,404%6,018%2,725%2,364%202,406%3,441%2,396%6,003%2,761%2,356%212,404%3,444%2,394%5,983%2,793%2,355%222,409%3,446%2,399%5,960%2,822%2,360%232,417%3,448%2,408%5,934%2,850%2,370%242,429%3,450%2,420%5,907%2,874%2,383%252,444%3,451%2,435%5,878%2,897%2,399%262,460%3,452%2,451%5,849%2,918%2,416%272,478%3,454%2,469%5,819%2,938%2,435%282,496%3,455%2,488%5,789%2,956%2,454%292,515%3,456%2,507%5,760%2,973%2,474%302,534%3,456%2,526%5,731%2,989%2,494%312,553%3,457%2,546%5,702%3,004%2,514%322,572%3,458%2,565%5,674%3,018%2,535%332,591%3,458%2,584%5,647%3,031%2,554%342,610%3,459%2,603%5,620%3,043%2,574% 352,628%3,459%2,621%5,594%3,055%2,593%362,646%3,459%2,639%5,569%3,066%2,612%372,663%3,460%2,657%5,545%3,076%2,630%382,680%3,460%2,674%5,521%3,086%2,648%392,697%3,460%2,690%5,498%3,095%2,665%402,713%3,460%2,707%5,476%3,104%2,682%412,728%3,461%2,722%5,455%3,113%2,698%422,743%3,461%2,737%5,435%3,121%2,714%432,758%3,461%2,752%5,415%3,128%2,729%442,772%3,461%2,766%5,396%3,136%2,744%452,786%3,461%2,780%5,377%3,143%2,758%462,799%3,461%2,793%5,359%3,149%2,772%472,812%3,461%2,806%5,342%3,156%2,785%482,824%3,461%2,819%5,325%3,162%2,798%492,836%3,461%2,831%5,309%3,168%2,810%502,847%3,461%2,842%5,294%3,173%2,822%512,859%3,461%2,854%5,279%3,179%2,834%522,869%3,461%2,865%5,264%3,184%2,845%532,880%3,461%2,875%5,250%3,189%2,856%542,890%3,461%2,885%5,237%3,194%2,867%552,900%3,461%2,895%5,224%3,198%2,877%562,909%3,461%2,905%5,211%3,203%2,887%572,918%3,461%2,914%5,199%3,207%2,897%582,927%3,461%2,923%5,187%3,211%2,906%592,936%3,461%2,932%5,176%3,215%2,915%602,944%3,461%2,940%5,164%3,219%2,924%612,952%3,461%2,948%5,154%3,223%2,932%622,960%3,461%2,956%5,143%3,227%2,940%632,968%3,460%2,964%5,133%3,230%2,948%642,975%3,460%2,971%5,123%3,234%2,956%652,983%3,460%2,979%5,114%3,237%2,963%662,990%3,460%2,986%5,105%3,240%2,971%672,996%3,460%2,993%5,096%3,243%2,978%683,003%3,460%2,999%5,087%3,246%2,985%693,009%3,460%3,006%5,078%3,249%2,991%703,016%3,460%3,012%5,070%3,252%2,998%

713,022%3,460%3,018%5,062%3,255%3,004%723,028%3,460%3,024%5,054%3,258%3,010%733,033%3,460%3,030%5,047%3,260%3,016%743,039%3,460%3,035%5,039%3,263%3,022%753,044%3,459%3,041%5,032%3,265%3,028%763,050%3,459%3,046%5,025%3,268%3,033%773,055%3,459%3,052%5,018%3,270%3,039%783,060%3,459%3,057%5,012%3,272%3,044%793,065%3,459%3,062%5,005%3,275%3,049%803,070%3,459%3,066%4,999%3,277%3,054%813,074%3,459%3,071%4,993%3,279%3,059%823,079%3,459%3,076%4,987%3,281%3,064%833,083%3,459%3,080%4,981%3,283%3,068%843,088%3,459%3,085%4,975%3,285%3,073%853,092%3,459%3,089%4,970%3,287%3,077%863,096%3,459%3,093%4,964%3,289%3,081%873,100%3,458%3,097%4,959%3,291%3,086%883,104%3,458%3,101%4,954%3,293%3,090%893,108%3,458%3,105%4,948%3,294%3,094%903,112%3,458%3,109%4,943%3,296%3,098%913,115%3,458%3,113%4,939%3,298%3,102%923,119%3,458%3,116%4,934%3,299%3,105%933,123%3,458%3,120%4,929%3,301%3,109%943,126%3,458%3,123%4,925%3,303%3,113%953,129%3,458%3,127%4,920%3,304%3,116%963,133%3,458%3,130%4,916%3,306%3,120%973,136%3,458%3,133%4,911%3,307%3,123%983,139%3,458%3,137%4,907%3,309%3,126%993,142%3,458%3,140%4,903%3,310%3,130%1003,145%3,458%3,143%4,899%3,312%3,133%1013,148%3,457%3,146%4,895%3,313%3,136%1023,151%3,457%3,149%4,891%3,314%3,139%1033,154%3,457%3,152%4,887%3,316%3,142%1043,157%3,457%3,155%4,884%3,317%3,145%1053,160%3,457%3,158%4,880%3,318%3,148%1063,163%3,457%3,160%4,876%3,319%3,151% 1073,165%3,457%3,163%4,873%3,321%3,154%1083,168%3,457%3,166%4,869%3,322%3,156%1093,171%3,457%3,168%4,866%3,323%3,159%1103,173%3,457%3,171%4,863%3,324%3,162%1113,176%3,457%3,173%4,859%3,325%3,164%1123,178%3,457%3,176%4,856%3,326%3,167%1133,180%3,457%3,178%4,853%3,327%3,169%1143,183%3,457%3,181%4,850%3,329%3,172%1153,185%3,457%3,183%4,847%3,330%3,174%1163,187%3,457%3,185%4,844%3,331%3,177%1173,190%3,456%3,187%4,841%3,332%3,179%1183,192%3,456%3,190%4,838%3,333%3,181%1193,194%3,456%3,192%4,835%3,334%3,183%1203,196%3,456%3,194%4,832%3,335%3,186%1213,198%3,456%3,196%4,830%3,336%3,188%1223,200%3,456%3,198%4,827%3,336%3,190%1233,202%3,456%3,200%4,824%3,337%3,192%1243,204%3,456%3,202%4,822%3,338%3,194%1253,206%3,456%3,204%4,819%3,339%3,196%1263,208%3,456%3,206%4,817%3,340%3,198%1273,210%3,456%3,208%4,814%3,341%3,200%1283,212%3,456%3,210%4,812%3,342%3,202%1293,214%3,456%3,212%4,809%3,343%3,204%1303,216%3,456%3,214%4,807%3,343%3,206%1313,217%3,456%3,216%4,804%3,344%3,208%1323,219%3,456%3,217%4,802%3,345%3,210%1333,221%3,456%3,219%4,800%3,346%3,212%1343,223%3,456%3,221%4,798%3,347%3,213%1353,224%3,456%3,222%4,795%3,347%3,215%1363,226%3,456%3,224%4,793%3,348%3,217%1373,228%3,456%3,226%4,791%3,349%3,218%1383,229%3,456%3,227%4,789%3,350%3,220%1393,231%3,456%3,229%4,787%3,350%3,222%1403,232%3,455%3,231%4,785%3,351%3,223%1413,234%3,455%3,232%4,783%3,352%3,225%1423,235%3,455%3,234%4,781%3,352%3,227% 1433,237%3,455%3,235%4,779%3,353%3,228%1443,238%3,455%3,237%4,777%3,354%3,230%1453,240%3,455%3,238%4,775%3,354%3,231%1463,241%3,455%3,240%4,773%3,355%3,233%1473,243%3,455%3,241%4,771%3,356%3,234%1483,244%3,455%3,242%4,769%3,356%3,236%1493,245%3,455%3,244%4,768%3,357%3,237%1503,247%3,455%3,245%4,766%3,358%3,239%Term to maturity (in years)Pound sterlingRomanian leuZlotyKrónaNorwegian kroneSwiss franc14,735%6,027%4,953%9,105%3,998%1,173%24,021%5,985%4,871%8,331%3,847%1,145%33,668%5,995%4,833%7,739%3,629%1,101%43,475%6,022%4,824%7,326%3,438%1,068%53,355%6,049%4,845%7,048%3,309%1,054%63,283%6,073%4,887%6,845%3,244%1,059%73,251%6,100%4,939%6,684%3,218%1,076%83,248%6,115%4,995%6,546%3,211%1,101%93,261%6,129%5,053%6,423%3,214%1,131%103,284%6,144%5,104%6,308%3,219%1,164%113,312%6,139%5,134%6,199%3,226%1,199%123,339%6,115%5,144%6,097%3,231%1,235%133,362%6,078%5,141%6,000%3,237%1,271%143,382%6,032%5,127%5,907%3,242%1,307%153,398%5,979%5,105%5,820%3,248%1,342%163,409%5,922%5,079%5,737%3,252%1,376%173,418%5,863%5,048%5,657%3,257%1,410%183,424%5,802%5,016%5,582%3,262%1,441%193,429%5,740%4,981%5,511%3,266%1,472%203,432%5,679%4,946%5,443%3,271%1,502%213,435%5,618%4,910%5,378%3,275%1,530%223,436%5,558%4,874%5,316%3,279%1,557%233,435%5,499%4,838%5,257%3,282%1,583%243,432%5,443%4,803%5,201%3,286%1,608%253,426%5,387%4,768%5,148%3,290%1,632%263,418%5,334%4,734%5,097%3,293%1,655%

273,407%5,282%4,701%5,049%3,297%1,677%283,392%5,232%4,669%5,003%3,300%1,698%293,374%5,184%4,638%4,959%3,303%1,718%303,352%5,138%4,608%4,917%3,306%1,737%313,327%5,093%4,579%4,877%3,309%1,755%323,300%5,050%4,550%4,838%3,312%1,773%333,271%5,009%4,523%4,802%3,314%1,790%343,241%4,969%4,497%4,767%3,317%1,806%353,212%4,932%4,472%4,733%3,320%1,821%363,183%4,895%4,448%4,701%3,322%1,836%373,155%4,860%4,424%4,671%3,325%1,851%383,128%4,827%4,402%4,641%3,327%1,864%393,103%4,794%4,380%4,613%3,329%1,878%403,079%4,763%4,359%4,586%3,331%1,890%413,057%4,734%4,339%4,560%3,334%1,903%423,037%4,705%4,320%4,536%3,336%1,914%433,019%4,677%4,301%4,512%3,338%1,926%443,002%4,651%4,283%4,489%3,340%1,936%452,987%4,626%4,266%4,467%3,342%1,947%462,975%4,601%4,249%4,446%3,343%1,957%472,964%4,578%4,233%4,425%3,345%1,967%482,955%4,555%4,217%4,406%3,347%1,976%492,947%4,533%4,202%4,387%3,349%1,985%502,942%4,512%4,188%4,369%3,350%1,994%512,938%4,492%4,174%4,351%3,352%2,002%522,936%4,472%4,161%4,334%3,354%2,011%532,935%4,453%4,148%4,318%3,355%2,019%542,935%4,435%4,135%4,302%3,357%2,026%552,937%4,417%4,123%4,287%3,358%2,034%562,939%4,400%4,111%4,272%3,359%2,041%572,941%4,384%4,100%4,258%3,361%2,048%582,944%4,368%4,089%4,244%3,362%2,054%592,948%4,352%4,078%4,231%3,363%2,061%602,952%4,337%4,068%4,218%3,365%2,067%612,956%4,323%4,058%4,206%3,366%2,073%622,961%4,309%4,048%4,193%3,367%2,079% 632,966%4,295%4,039%4,182%3,368%2,085%642,971%4,282%4,030%4,170%3,369%2,090%652,976%4,270%4,021%4,159%3,371%2,096%662,981%4,257%4,012%4,149%3,372%2,101%672,986%4,245%4,004%4,138%3,373%2,106%682,991%4,233%3,996%4,128%3,374%2,111%692,996%4,222%3,988%4,118%3,375%2,116%703,001%4,211%3,980%4,109%3,376%2,121%713,007%4,200%3,973%4,100%3,377%2,125%723,012%4,190%3,965%4,091%3,378%2,130%733,017%4,180%3,958%4,082%3,379%2,134%743,022%4,170%3,952%4,073%3,379%2,138%753,027%4,160%3,945%4,065%3,380%2,142%763,032%4,151%3,938%4,057%3,381%2,146%773,037%4,142%3,932%4,049%3,382%2,150%783,042%4,133%3,926%4,041%3,383%2,154%793,046%4,124%3,920%4,034%3,384%2,158%803,051%4,116%3,914%4,027%3,384%2,162%813,055%4,108%3,908%4,019%3,385%2,165%823,060%4,100%3,903%4,013%3,386%2,169%833,064%4,092%3,897%4,006%3,387%2,172%843,069%4,084%3,892%3,999%3,387%2,175%853,073%4,077%3,887%3,993%3,388%2,178%863,077%4,069%3,882%3,986%3,389%2,182%873,081%4,062%3,877%3,980%3,389%2,185%883,085%4,055%3,872%3,974%3,390%2,188%893,089%4,048%3,867%3,968%3,391%2,191%903,093%4,042%3,862%3,962%3,391%2,193%913,097%4,035%3,858%3,957%3,392%2,196%923,101%4,029%3,853%3,951%3,393%2,199%933,104%4,023%3,849%3,946%3,393%2,202%943,108%4,017%3,845%3,941%3,394%2,204%953,111%4,011%3,841%3,935%3,394%2,207%963,115%4,005%3,837%3,930%3,395%2,209%973,118%3,999%3,833%3,925%3,396%2,212%983,122%3,993%3,829%3,921%3,396%2,214% 993,125%3,988%3,825%3,916%3,397%2,217%1003,128%3,982%3,821%3,911%3,397%2,219%1013,131%3,977%3,817%3,907%3,398%2,221%1023,134%3,972%3,814%3,902%3,398%2,224%1033,137%3,967%3,810%3,898%3,399%2,226%1043,140%3,962%3,807%3,893%3,399%2,228%1053,143%3,957%3,803%3,889%3,400%2,230%1063,146%3,952%3,800%3,885%3,400%2,232%1073,149%3,948%3,797%3,881%3,401%2,234%1083,152%3,943%3,794%3,877%3,401%2,236%1093,154%3,938%3,790%3,873%3,401%2,238%1103,157%3,934%3,787%3,869%3,402%2,240%1113,160%3,930%3,784%3,865%3,402%2,242%1123,162%3,925%3,781%3,862%3,403%2,244%1133,165%3,921%3,778%3,858%3,403%2,246%1143,167%3,917%3,775%3,854%3,404%2,247%1153,170%3,913%3,773%3,851%3,404%2,249%1163,172%3,909%3,770%3,847%3,404%2,251%1173,175%3,905%3,767%3,844%3,405%2,253%1183,177%3,901%3,764%3,841%3,405%2,254%1193,179%3,897%3,762%3,837%3,405%2,256%1203,181%3,894%3,759%3,834%3,406%2,257%1213,184%3,890%3,757%3,831%3,406%2,259%1223,186%3,886%3,754%3,828%3,407%2,261%1233,188%3,883%3,752%3,825%3,407%2,262%1243,190%3,879%3,749%3,822%3,407%2,264%1253,192%3,876%3,747%3,819%3,408%2,265%1263,194%3,872%3,744%3,816%3,408%2,267%1273,196%3,869%3,742%3,813%3,408%2,268%1283,198%3,866%3,740%3,810%3,409%2,269%1293,200%3,863%3,738%3,807%3,409%2,271%1303,202%3,859%3,735%3,805%3,409%2,272%1313,204%3,856%3,733%3,802%3,410%2,274%1323,206%3,853%3,731%3,799%3,410%2,275%1333,208%3,850%3,729%3,797%3,410%2,276%1343,209%3,847%3,727%3,794%3,410%2,278%

1353,211%3,844%3,725%3,791%3,411%2,279%1363,213%3,841%3,723%3,789%3,411%2,280%1373,215%3,838%3,721%3,786%3,411%2,281%1383,216%3,836%3,719%3,784%3,412%2,283%1393,218%3,833%3,717%3,782%3,412%2,284%1403,220%3,830%3,715%3,779%3,412%2,285%1413,221%3,827%3,713%3,777%3,412%2,286%1423,223%3,825%3,711%3,775%3,413%2,287%1433,225%3,822%3,709%3,772%3,413%2,288%1443,226%3,819%3,708%3,770%3,413%2,290%1453,228%3,817%3,706%3,768%3,413%2,291%1463,229%3,814%3,704%3,766%3,414%2,292%1473,231%3,812%3,702%3,763%3,414%2,293%1483,232%3,809%3,701%3,761%3,414%2,294%1493,234%3,807%3,699%3,759%3,414%2,295%1503,235%3,805%3,697%3,757%3,415%2,296%Term to maturity (in years)Australian dollarBahtCanadian dollarChilean pesoColombian pesoHong Kong dollar14,278%2,247%4,294%6,161%9,206%4,285%24,021%2,319%3,994%5,665%9,195%3,734%33,898%2,429%3,597%5,399%9,248%3,463%43,843%2,525%3,351%5,276%9,337%3,333%53,858%2,593%3,207%5,253%9,434%3,276%63,918%2,648%3,151%5,272%9,559%3,273%73,984%2,698%3,143%5,299%9,676%3,282%84,048%2,755%3,155%5,322%9,784%3,281%94,107%2,821%3,171%5,334%9,891%3,280%104,154%2,890%3,183%5,337%9,990%3,286%114,200%2,959%3,187%5,334%10,038%3,305%124,240%3,024%3,184%5,326%10,036%3,331%134,272%3,083%3,177%5,314%9,997%3,359%144,296%3,137%3,167%5,301%9,931%3,388%154,312%3,184%3,156%5,286%9,844%3,413%164,321%3,223%3,144%5,269%9,743%3,434%174,322%3,256%3,132%5,253%9,631%3,451%184,318%3,285%3,120%5,236%9,512%3,465% 194,308%3,309%3,109%5,218%9,389%3,477%204,292%3,329%3,099%5,201%9,262%3,487%214,271%3,346%3,089%5,184%9,135%3,495%224,245%3,362%3,081%5,167%9,009%3,502%234,216%3,375%3,073%5,151%8,884%3,507%244,184%3,386%3,067%5,135%8,761%3,512%254,148%3,396%3,062%5,119%8,641%3,515%264,111%3,404%3,057%5,104%8,524%3,518%274,073%3,412%3,054%5,089%8,411%3,521%284,036%3,418%3,052%5,075%8,301%3,522%294,001%3,424%3,052%5,061%8,195%3,524%303,968%3,429%3,052%5,047%8,093%3,525%313,938%3,433%3,053%5,034%7,995%3,526%323,912%3,437%3,055%5,022%7,901%3,526%333,888%3,440%3,058%5,009%7,811%3,526%343,866%3,443%3,062%4,998%7,724%3,526%353,846%3,445%3,066%4,986%7,641%3,526%363,829%3,447%3,070%4,975%7,561%3,526%373,812%3,449%3,075%4,965%7,484%3,526%383,797%3,451%3,080%4,955%7,411%3,525%393,784%3,453%3,085%4,945%7,341%3,525%403,771%3,454%3,090%4,935%7,273%3,524%413,759%3,455%3,095%4,926%7,209%3,523%423,749%3,456%3,101%4,917%7,146%3,523%433,739%3,457%3,106%4,909%7,087%3,522%443,729%3,458%3,111%4,900%7,030%3,521%453,721%3,458%3,117%4,892%6,975%3,520%463,713%3,459%3,122%4,885%6,922%3,519%473,705%3,459%3,127%4,877%6,872%3,518%483,698%3,460%3,132%4,870%6,823%3,518%493,692%3,460%3,137%4,863%6,776%3,517%503,685%3,460%3,142%4,856%6,731%3,516%513,680%3,461%3,147%4,850%6,688%3,515%523,674%3,461%3,152%4,843%6,646%3,514%533,669%3,461%3,157%4,837%6,605%3,513%543,664%3,461%3,161%4,831%6,567%3,512% 553,659%3,461%3,166%4,826%6,529%3,512%563,655%3,461%3,170%4,820%6,493%3,511%573,651%3,461%3,174%4,815%6,458%3,510%583,647%3,461%3,179%4,810%6,424%3,509%593,643%3,461%3,183%4,804%6,391%3,508%603,639%3,461%3,187%4,800%6,360%3,507%613,636%3,461%3,191%4,795%6,329%3,507%623,632%3,461%3,194%4,790%6,299%3,506%633,629%3,461%3,198%4,786%6,271%3,505%643,626%3,461%3,202%4,781%6,243%3,504%653,623%3,461%3,205%4,777%6,216%3,504%663,620%3,461%3,209%4,773%6,190%3,503%673,617%3,461%3,212%4,769%6,165%3,502%683,615%3,461%3,216%4,765%6,140%3,502%693,612%3,461%3,219%4,761%6,116%3,501%703,610%3,461%3,222%4,758%6,093%3,500%713,607%3,461%3,225%4,754%6,070%3,500%723,605%3,460%3,228%4,751%6,048%3,499%733,603%3,460%3,231%4,747%6,027%3,498%743,601%3,460%3,234%4,744%6,006%3,498%753,598%3,460%3,237%4,741%5,986%3,497%763,596%3,460%3,239%4,738%5,966%3,497%773,594%3,460%3,242%4,735%5,947%3,496%783,593%3,460%3,244%4,732%5,929%3,495%793,591%3,460%3,247%4,729%5,910%3,495%803,589%3,460%3,250%4,726%5,893%3,494%813,587%3,460%3,252%4,723%5,875%3,494%823,585%3,459%3,254%4,720%5,858%3,493%833,584%3,459%3,257%4,718%5,842%3,493%843,582%3,459%3,259%4,715%5,826%3,492%853,580%3,459%3,261%4,713%5,810%3,492%863,579%3,459%3,263%4,710%5,795%3,491%873,577%3,459%3,265%4,708%5,780%3,491%883,576%3,459%3,267%4,705%5,765%3,491%893,575%3,459%3,269%4,703%5,751%3,490%903,573%3,459%3,271%4,701%5,737%3,490%

913,572%3,459%3,273%4,699%5,723%3,489%923,570%3,459%3,275%4,696%5,710%3,489%933,569%3,459%3,277%4,694%5,697%3,488%943,568%3,458%3,279%4,692%5,684%3,488%953,567%3,458%3,281%4,690%5,672%3,488%963,565%3,458%3,283%4,688%5,659%3,487%973,564%3,458%3,284%4,686%5,647%3,487%983,563%3,458%3,286%4,684%5,635%3,486%993,562%3,458%3,288%4,683%5,624%3,486%1003,561%3,458%3,289%4,681%5,613%3,486%1013,560%3,458%3,291%4,679%5,602%3,485%1023,559%3,458%3,292%4,677%5,591%3,485%1033,557%3,458%3,294%4,676%5,580%3,485%1043,556%3,458%3,295%4,674%5,570%3,484%1053,555%3,458%3,297%4,672%5,559%3,484%1063,554%3,458%3,298%4,671%5,549%3,484%1073,553%3,457%3,300%4,669%5,539%3,483%1083,552%3,457%3,301%4,667%5,530%3,483%1093,552%3,457%3,302%4,666%5,520%3,483%1103,551%3,457%3,304%4,664%5,511%3,483%1113,550%3,457%3,305%4,663%5,502%3,482%1123,549%3,457%3,306%4,661%5,493%3,482%1133,548%3,457%3,308%4,660%5,484%3,482%1143,547%3,457%3,309%4,659%5,475%3,481%1153,546%3,457%3,310%4,657%5,467%3,481%1163,545%3,457%3,311%4,656%5,458%3,481%1173,545%3,457%3,312%4,655%5,450%3,481%1183,544%3,457%3,314%4,653%5,442%3,480%1193,543%3,457%3,315%4,652%5,434%3,480%1203,542%3,457%3,316%4,651%5,426%3,480%1213,541%3,457%3,317%4,649%5,419%3,480%1223,541%3,457%3,318%4,648%5,411%3,479%1233,540%3,456%3,319%4,647%5,404%3,479%1243,539%3,456%3,320%4,646%5,396%3,479%1253,538%3,456%3,321%4,645%5,389%3,479%1263,538%3,456%3,322%4,643%5,382%3,478% 1273,537%3,456%3,323%4,642%5,375%3,478%1283,536%3,456%3,324%4,641%5,368%3,478%1293,536%3,456%3,325%4,640%5,361%3,478%1303,535%3,456%3,326%4,639%5,355%3,478%1313,534%3,456%3,327%4,638%5,348%3,477%1323,534%3,456%3,328%4,637%5,342%3,477%1333,533%3,456%3,329%4,636%5,335%3,477%1343,533%3,456%3,330%4,635%5,329%3,477%1353,532%3,456%3,331%4,634%5,323%3,477%1363,531%3,456%3,332%4,633%5,317%3,476%1373,531%3,456%3,333%4,632%5,311%3,476%1383,530%3,456%3,333%4,631%5,305%3,476%1393,530%3,456%3,334%4,630%5,299%3,476%1403,529%3,456%3,335%4,629%5,294%3,476%1413,528%3,456%3,336%4,628%5,288%3,475%1423,528%3,456%3,337%4,627%5,282%3,475%1433,527%3,456%3,337%4,626%5,277%3,475%1443,527%3,456%3,338%4,626%5,271%3,475%1453,526%3,456%3,339%4,625%5,266%3,475%1463,526%3,455%3,340%4,624%5,261%3,475%1473,525%3,455%3,341%4,623%5,256%3,474%1483,525%3,455%3,341%4,622%5,250%3,474%1493,524%3,455%3,342%4,621%5,245%3,474%1503,524%3,455%3,343%4,621%5,240%3,474%Term to maturity (in years)Indian rupeeMexican pesoNew Taiwan dollarNew Zealand dollarRandReal17,124%11,208%0,912%5,227%8,239%10,128%27,113%9,958%0,949%4,577%7,866%9,731%37,099%9,258%0,976%4,248%7,873%9,749%47,112%8,838%1,000%4,078%7,995%9,861%57,121%8,650%1,022%3,994%8,208%9,984%67,149%8,589%1,042%3,979%8,532%10,101%77,184%8,583%1,059%3,994%8,864%10,214%87,221%8,594%1,075%4,018%9,174%10,300%97,264%8,599%1,088%4,047%9,462%10,377%107,298%8,585%1,102%4,080%9,724%10,452% 117,311%8,545%1,133%4,114%9,961%10,481%127,309%8,484%1,177%4,149%10,169%10,465%137,294%8,409%1,230%4,183%10,343%10,418%147,271%8,323%1,287%4,214%10,479%10,346%157,242%8,231%1,347%4,241%10,573%10,257%167,209%8,136%1,408%4,265%10,620%10,156%177,173%8,038%1,469%4,285%10,629%10,045%187,135%7,939%1,529%4,300%10,607%9,929%197,096%7,841%1,588%4,311%10,560%9,809%207,057%7,743%1,645%4,316%10,495%9,688%217,018%7,648%1,700%4,317%10,416%9,566%226,979%7,555%1,753%4,313%10,326%9,446%236,940%7,464%1,804%4,306%10,228%9,327%246,902%7,377%1,853%4,297%10,125%9,210%256,866%7,292%1,900%4,286%10,019%9,097%266,830%7,210%1,945%4,274%9,911%8,986%276,795%7,131%1,988%4,260%9,803%8,879%286,761%7,055%2,029%4,246%9,695%8,776%296,729%6,982%2,068%4,231%9,589%8,677%306,697%6,913%2,106%4,216%9,484%8,581%316,667%6,845%2,142%4,200%9,383%8,488%326,637%6,781%2,176%4,185%9,283%8,400%336,609%6,720%2,209%4,170%9,187%8,315%346,582%6,660%2,241%4,155%9,094%8,233%356,555%6,604%2,271%4,140%9,004%8,155%366,530%6,550%2,300%4,126%8,917%8,080%376,506%6,498%2,328%4,111%8,833%8,008%386,483%6,448%2,354%4,097%8,752%7,939%396,460%6,400%2,380%4,084%8,675%7,873%406,438%6,354%2,404%4,071%8,600%7,810%416,418%6,310%2,428%4,058%8,529%7,749%426,398%6,268%2,451%4,045%8,460%7,691%436,378%6,228%2,472%4,033%8,393%7,635%446,360%6,189%2,493%4,021%8,330%7,581%456,342%6,152%2,513%4,010%8,269%7,530%466,324%6,116%2,532%3,999%8,210%7,480%

476,308%6,081%2,551%3,988%8,153%7,433%486,292%6,048%2,569%3,978%8,099%7,387%496,276%6,016%2,586%3,968%8,046%7,343%506,261%5,985%2,603%3,958%7,996%7,300%516,247%5,956%2,619%3,949%7,947%7,260%526,233%5,927%2,634%3,940%7,900%7,220%536,220%5,900%2,649%3,931%7,855%7,182%546,207%5,873%2,663%3,923%7,812%7,146%556,194%5,847%2,677%3,914%7,770%7,110%566,182%5,823%2,691%3,906%7,729%7,076%576,170%5,799%2,704%3,899%7,690%7,044%586,159%5,775%2,716%3,891%7,652%7,012%596,148%5,753%2,729%3,884%7,615%6,981%606,137%5,731%2,740%3,877%7,580%6,951%616,127%5,710%2,752%3,870%7,546%6,922%626,117%5,690%2,763%3,863%7,513%6,895%636,107%5,670%2,774%3,857%7,480%6,868%646,098%5,651%2,784%3,850%7,449%6,841%656,089%5,633%2,794%3,844%7,419%6,816%666,080%5,615%2,804%3,838%7,390%6,791%676,071%5,598%2,814%3,833%7,361%6,768%686,063%5,581%2,823%3,827%7,334%6,744%696,055%5,564%2,832%3,822%7,307%6,722%706,047%5,548%2,841%3,816%7,281%6,700%716,039%5,533%2,849%3,811%7,256%6,679%726,032%5,518%2,857%3,806%7,231%6,658%736,025%5,503%2,865%3,802%7,207%6,638%746,018%5,489%2,873%3,797%7,184%6,619%756,011%5,475%2,881%3,792%7,162%6,600%766,004%5,461%2,888%3,788%7,140%6,581%775,997%5,448%2,896%3,783%7,118%6,563%785,991%5,435%2,903%3,779%7,097%6,545%795,985%5,423%2,910%3,775%7,077%6,528%805,979%5,411%2,916%3,771%7,057%6,512%815,973%5,399%2,923%3,767%7,038%6,495%825,967%5,387%2,929%3,763%7,019%6,479% 835,961%5,376%2,935%3,759%7,000%6,464%845,956%5,365%2,942%3,756%6,982%6,449%855,951%5,354%2,947%3,752%6,965%6,434%865,945%5,343%2,953%3,748%6,948%6,420%875,940%5,333%2,959%3,745%6,931%6,406%885,935%5,323%2,965%3,742%6,915%6,392%895,930%5,313%2,970%3,738%6,899%6,378%905,926%5,303%2,975%3,735%6,883%6,365%915,921%5,294%2,981%3,732%6,868%6,352%925,916%5,285%2,986%3,729%6,853%6,340%935,912%5,276%2,991%3,726%6,838%6,327%945,907%5,267%2,995%3,723%6,824%6,315%955,903%5,258%3,000%3,720%6,810%6,303%965,899%5,250%3,005%3,717%6,796%6,292%975,895%5,242%3,009%3,715%6,782%6,281%985,891%5,234%3,014%3,712%6,769%6,270%995,887%5,226%3,018%3,709%6,756%6,259%1005,883%5,218%3,023%3,707%6,744%6,248%1015,879%5,210%3,027%3,704%6,731%6,238%1025,875%5,203%3,031%3,702%6,719%6,227%1035,872%5,195%3,035%3,699%6,707%6,217%1045,868%5,188%3,039%3,697%6,696%6,208%1055,865%5,181%3,043%3,694%6,684%6,198%1065,861%5,174%3,047%3,692%6,673%6,188%1075,858%5,167%3,051%3,690%6,662%6,179%1085,855%5,161%3,054%3,688%6,651%6,170%1095,851%5,154%3,058%3,685%6,641%6,161%1105,848%5,148%3,061%3,683%6,630%6,152%1115,845%5,141%3,065%3,681%6,620%6,144%1125,842%5,135%3,068%3,679%6,610%6,135%1135,839%5,129%3,072%3,677%6,600%6,127%1145,836%5,123%3,075%3,675%6,590%6,119%1155,833%5,117%3,078%3,673%6,581%6,111%1165,830%5,112%3,081%3,671%6,571%6,103%1175,827%5,106%3,085%3,669%6,562%6,095%1185,824%5,100%3,088%3,667%6,553%6,088% 1195,822%5,095%3,091%3,666%6,544%6,080%1205,819%5,089%3,094%3,664%6,535%6,073%1215,816%5,084%3,097%3,662%6,527%6,065%1225,814%5,079%3,100%3,660%6,518%6,058%1235,811%5,074%3,102%3,659%6,510%6,051%1245,809%5,069%3,105%3,657%6,502%6,044%1255,806%5,064%3,108%3,655%6,494%6,038%1265,804%5,059%3,111%3,654%6,486%6,031%1275,801%5,054%3,113%3,652%6,478%6,024%1285,799%5,049%3,116%3,650%6,470%6,018%1295,797%5,045%3,119%3,649%6,463%6,012%1305,794%5,040%3,121%3,647%6,455%6,005%1315,792%5,036%3,124%3,646%6,448%5,999%1325,790%5,031%3,126%3,644%6,441%5,993%1335,788%5,027%3,129%3,643%6,434%5,987%1345,786%5,022%3,131%3,642%6,427%5,981%1355,784%5,018%3,133%3,640%6,420%5,975%1365,781%5,014%3,136%3,639%6,413%5,970%1375,779%5,010%3,138%3,637%6,406%5,964%1385,777%5,006%3,140%3,636%6,400%5,958%1395,775%5,002%3,142%3,635%6,393%5,953%1405,773%4,998%3,145%3,633%6,387%5,948%1415,771%4,994%3,147%3,632%6,381%5,942%1425,770%4,990%3,149%3,631%6,374%5,937%1435,768%4,986%3,151%3,629%6,368%5,932%1445,766%4,983%3,153%3,628%6,362%5,927%1455,764%4,979%3,155%3,627%6,356%5,922%1465,762%4,975%3,157%3,626%6,350%5,917%1475,760%4,972%3,159%3,625%6,345%5,912%1485,759%4,968%3,161%3,623%6,339%5,907%1495,757%4,965%3,163%3,622%6,333%5,902%1505,755%4,961%3,165%3,621%6,328%5,898%

Term to maturity (in years)Renminbi-yuanRinggitRussian roubleSingapore dollarSouth Korean wonTurkish lira11,904%3,200%14,852%3,214%3,473%39,336%21,945%3,343%13,846%2,828%3,171%35,672%32,038%3,437%13,144%2,654%3,005%31,173%42,153%3,519%12,657%2,589%2,959%27,492%52,258%3,591%12,326%2,563%2,926%24,777%62,331%3,652%12,127%2,553%2,906%22,987%72,384%3,701%12,041%2,552%2,901%21,925%82,431%3,746%12,016%2,558%2,905%21,436%92,478%3,782%12,036%2,568%2,912%21,379%102,527%3,822%12,070%2,582%2,917%21,358%112,581%3,866%12,104%2,599%2,919%21,283%122,638%3,913%12,128%2,618%2,917%21,163%132,696%3,962%12,133%2,638%2,914%21,003%142,753%4,013%12,111%2,659%2,911%20,809%152,810%4,063%12,054%2,680%2,908%20,584%162,865%4,112%11,967%2,701%2,906%20,333%172,918%4,159%11,859%2,721%2,905%20,059%182,969%4,200%11,733%2,741%2,906%19,765%193,018%4,235%11,595%2,761%2,908%19,455%203,065%4,261%11,449%2,780%2,911%19,132%213,110%4,280%11,296%2,798%2,916%18,801%223,153%4,290%11,141%2,816%2,923%18,463%233,194%4,295%10,984%2,833%2,931%18,123%243,233%4,296%10,827%2,849%2,939%17,782%253,270%4,292%10,672%2,865%2,948%17,445%263,306%4,286%10,519%2,881%2,957%17,111%273,340%4,277%10,370%2,895%2,966%16,784%283,373%4,266%10,225%2,910%2,976%16,465%293,404%4,255%10,084%2,923%2,985%16,154%303,434%4,242%9,947%2,936%2,995%15,853%313,462%4,228%9,815%2,949%3,004%15,562%323,490%4,214%9,688%2,961%3,013%15,282%333,516%4,200%9,566%2,973%3,022%15,012%343,540%4,186%9,449%2,984%3,031%14,753%353,564%4,171%9,336%2,995%3,040%14,504%363,587%4,157%9,228%3,005%3,049%14,266% 373,609%4,143%9,124%3,015%3,057%14,038%383,630%4,129%9,024%3,025%3,065%13,819%393,650%4,115%8,929%3,034%3,073%13,610%403,669%4,101%8,837%3,043%3,081%13,410%413,688%4,088%8,749%3,052%3,088%13,218%423,706%4,075%8,665%3,060%3,095%13,035%433,723%4,063%8,584%3,068%3,102%12,859%443,739%4,051%8,507%3,076%3,109%12,691%453,755%4,039%8,432%3,083%3,116%12,529%463,770%4,027%8,361%3,091%3,122%12,375%473,785%4,016%8,292%3,098%3,128%12,226%483,799%4,005%8,226%3,104%3,134%12,084%493,813%3,995%8,162%3,111%3,140%11,947%503,826%3,985%8,101%3,117%3,146%11,816%513,838%3,975%8,043%3,123%3,151%11,690%523,851%3,965%7,986%3,129%3,156%11,568%533,862%3,956%7,931%3,135%3,162%11,451%543,874%3,947%7,879%3,140%3,167%11,339%553,885%3,938%7,828%3,145%3,171%11,230%563,896%3,930%7,779%3,151%3,176%11,126%573,906%3,922%7,732%3,156%3,181%11,025%583,916%3,914%7,686%3,160%3,185%10,928%593,926%3,906%7,642%3,165%3,189%10,834%603,935%3,899%7,599%3,170%3,193%10,743%613,944%3,892%7,558%3,174%3,197%10,655%623,953%3,885%7,518%3,178%3,201%10,570%633,961%3,878%7,479%3,183%3,205%10,488%643,970%3,871%7,442%3,187%3,209%10,408%653,978%3,865%7,406%3,191%3,213%10,331%663,985%3,859%7,370%3,194%3,216%10,256%673,993%3,852%7,336%3,198%3,219%10,184%684,000%3,847%7,303%3,202%3,223%10,113%694,008%3,841%7,271%3,205%3,226%10,045%704,014%3,835%7,240%3,209%3,229%9,979%714,021%3,830%7,209%3,212%3,232%9,914%724,028%3,825%7,180%3,215%3,235%9,852% 734,034%3,820%7,151%3,218%3,238%9,791%744,040%3,815%7,123%3,222%3,241%9,732%754,047%3,810%7,096%3,225%3,244%9,675%764,052%3,805%7,069%3,227%3,246%9,619%774,058%3,800%7,043%3,230%3,249%9,564%784,064%3,796%7,018%3,233%3,251%9,511%794,069%3,792%6,994%3,236%3,254%9,459%804,075%3,787%6,970%3,238%3,256%9,409%814,080%3,783%6,947%3,241%3,259%9,360%824,085%3,779%6,924%3,244%3,261%9,312%834,090%3,775%6,902%3,246%3,263%9,265%844,095%3,771%6,880%3,248%3,266%9,219%854,100%3,767%6,859%3,251%3,268%9,175%864,104%3,764%6,838%3,253%3,270%9,132%874,109%3,760%6,818%3,255%3,272%9,089%884,113%3,757%6,799%3,258%3,274%9,048%894,118%3,753%6,779%3,260%3,276%9,007%904,122%3,750%6,761%3,262%3,278%8,968%914,126%3,747%6,742%3,264%3,280%8,929%924,130%3,743%6,724%3,266%3,281%8,891%934,134%3,740%6,707%3,268%3,283%8,854%944,138%3,737%6,689%3,270%3,285%8,818%954,142%3,734%6,672%3,272%3,287%8,782%964,145%3,731%6,656%3,274%3,288%8,747%974,149%3,728%6,640%3,275%3,290%8,714%984,153%3,725%6,624%3,277%3,292%8,680%994,156%3,723%6,609%3,279%3,293%8,648%1004,160%3,720%6,593%3,281%3,295%8,616%1014,163%3,717%6,578%3,282%3,296%8,584%1024,166%3,715%6,564%3,284%3,298%8,554%1034,169%3,712%6,550%3,285%3,299%8,524%1044,173%3,709%6,535%3,287%3,301%8,494%1054,176%3,707%6,522%3,289%3,302%8,465%1064,179%3,705%6,508%3,290%3,304%8,437%1074,182%3,702%6,495%3,292%3,305%8,409%1084,185%3,700%6,482%3,293%3,306%8,382%

1094,188%3,698%6,469%3,295%3,308%8,355%1104,190%3,695%6,457%3,296%3,309%8,329%1114,193%3,693%6,444%3,297%3,310%8,303%1124,196%3,691%6,432%3,299%3,311%8,278%1134,199%3,689%6,420%3,300%3,313%8,253%1144,201%3,687%6,409%3,301%3,314%8,228%1154,204%3,685%6,397%3,303%3,315%8,204%1164,206%3,683%6,386%3,304%3,316%8,181%1174,209%3,681%6,375%3,305%3,317%8,157%1184,211%3,679%6,364%3,306%3,319%8,135%1194,214%3,677%6,353%3,308%3,320%8,112%1204,216%3,675%6,343%3,309%3,321%8,090%1214,219%3,673%6,333%3,310%3,322%8,068%1224,221%3,671%6,322%3,311%3,323%8,047%1234,223%3,669%6,312%3,312%3,324%8,026%1244,225%3,668%6,303%3,313%3,325%8,006%1254,228%3,666%6,293%3,314%3,326%7,985%1264,230%3,664%6,283%3,315%3,327%7,965%1274,232%3,662%6,274%3,317%3,328%7,946%1284,234%3,661%6,265%3,318%3,329%7,926%1294,236%3,659%6,256%3,319%3,330%7,907%1304,238%3,658%6,247%3,320%3,331%7,889%1314,240%3,656%6,238%3,321%3,332%7,870%1324,242%3,654%6,229%3,322%3,332%7,852%1334,244%3,653%6,221%3,323%3,333%7,834%1344,246%3,651%6,212%3,323%3,334%7,817%1354,248%3,650%6,204%3,324%3,335%7,799%1364,250%3,648%6,196%3,325%3,336%7,782%1374,251%3,647%6,188%3,326%3,337%7,765%1384,253%3,645%6,180%3,327%3,338%7,749%1394,255%3,644%6,172%3,328%3,338%7,732%1404,257%3,643%6,164%3,329%3,339%7,716%1414,258%3,641%6,157%3,330%3,340%7,700%1424,260%3,640%6,149%3,331%3,341%7,685%1434,262%3,639%6,142%3,331%3,342%7,669%1444,263%3,637%6,135%3,332%3,342%7,654% 1454,265%3,636%6,128%3,333%3,343%7,639%1464,267%3,635%6,121%3,334%3,344%7,624%1474,268%3,633%6,114%3,335%3,344%7,610%1484,270%3,632%6,107%3,335%3,345%7,595%1494,271%3,631%6,100%3,336%3,346%7,581%1504,273%3,630%6,093%3,337%3,347%7,567%Term to maturity (in years)US dollarYen14,760%0,072%24,056%0,191%33,724%0,280%43,571%0,363%53,499%0,448%63,464%0,535%73,449%0,626%83,443%0,706%93,444%0,780%103,449%0,848%113,458%0,914%123,468%0,977%133,477%1,037%143,486%1,095%153,492%1,152%163,495%1,207%173,494%1,259%183,489%1,308%193,479%1,351%203,464%1,388%213,443%1,420%223,418%1,445%233,391%1,465%243,364%1,479%253,338%1,488%263,312%1,492%273,289%1,494%283,268%1,497% 293,249%1,503%303,234%1,514%313,221%1,531%323,212%1,553%333,204%1,578%343,199%1,605%353,195%1,635%363,192%1,665%373,190%1,697%383,190%1,729%393,190%1,761%403,190%1,793%413,191%1,825%423,193%1,856%433,195%1,887%443,197%1,917%453,200%1,947%463,203%1,976%473,205%2,004%483,208%2,031%493,211%2,058%503,215%2,084%513,218%2,110%523,221%2,134%533,224%2,158%543,227%2,181%553,230%2,204%563,233%2,226%573,237%2,247%583,240%2,268%593,243%2,288%603,246%2,307%613,248%2,326%623,251%2,345%633,254%2,362%643,257%2,380%653,260%2,397% 663,262%2,413%673,265%2,429%683,267%2,444%693,270%2,459%703,272%2,474%713,275%2,488%723,277%2,502%733,279%2,516%743,281%2,529%753,283%2,542%763,286%2,554%773,288%2,566%783,290%2,578%793,292%2,590%803,294%2,601%813,295%2,612%823,297%2,623%833,299%2,633%843,301%2,644%853,303%2,654%863,304%2,663%873,306%2,673%883,308%2,682%893,309%2,691%903,311%2,700%913,312%2,709%923,314%2,718%933,315%2,726%943,317%2,734%953,318%2,742%963,319%2,750%973,321%2,758%983,322%2,765%993,323%2,773%1003,324%2,780%1013,326%2,787%1023,327%2,794%

1033,328%2,801%1043,329%2,808%1053,330%2,814%1063,332%2,821%1073,333%2,827%1083,334%2,833%1093,335%2,839%1103,336%2,845%1113,337%2,851%1123,338%2,857%1133,339%2,863%1143,340%2,868%1153,341%2,874%1163,342%2,879%1173,343%2,884%1183,344%2,889%1193,344%2,895%1203,345%2,900%1213,346%2,905%1223,347%2,909%1233,348%2,914%1243,349%2,919%1253,350%2,924%1263,350%2,928%1273,351%2,933%1283,352%2,937%1293,353%2,941%1303,353%2,946%1313,354%2,950%1323,355%2,954%1333,356%2,958%1343,356%2,962%1353,357%2,966%1363,358%2,970%1373,358%2,974%1383,359%2,978%1393,360%2,981% 1403,360%2,985%1413,361%2,989%1423,362%2,992%1433,362%2,996%1443,363%2,999%1453,363%3,003%1463,364%3,006%1473,365%3,010%1483,365%3,013%1493,366%3,016%1503,366%3,019%

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 RepublicCyprusDenmark10027502002003450340300395039040142514105024753440603495547071452684808255451048092656511460103758612450Duration (in years)EstoniaFinlandFranceGermanyGreeceHungaryIreland100003394122000021241830000190420410001674215200015442263000151424740001494258501015332696020155126107030157427 Duration (in years)ItalyLatviaLithuaniaLuxembourgMaltaNetherlandsPoland16340130421389018043181113020044211315022045231517023046251618024047271820025048291922026049302023127041032212412704Duration (in years)PortugalRomaniaSlovakiaSloveniaSpainSwedenUnited Kingdom12081014400234151317900339171521130044118162515005441918291700647201932180074821213420008482322352200946242236230010452223362400Duration (in years)IcelandLiechtensteinNorwaySwitzerlandAustraliaBrazilCanada1500001202500001203500001204500001205500001206500001207500001208500001209500001201050000120 Duration (in years)ChileChinaColombiaHong KongIndiaJapanMalaysia11601109002171170900317226090041633309005153340900614337090071343909008147370900915535090010135370910Duration (in years)MexicoNew ZealandRussiaSingaporeSouth AfricaSouth KoreaThailand18000781290001011031000012110411000131305110201414061105016150711070181508100110201509100160211501010016023150Duration (in years)TaiwanTurkeyUnited States14002400340044005400640074008400940010400
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 6161941108224503124026194110822450399237214310322050080749244610621949966851026511092194995626112854114219499499712305611621949949981231561152194994999133256115219499499101333561142194994991114345711521949949912143557115219499499131435571152194994991415365711521949949915153657115219499499161536571152194994991715365711521949949918153657115219499499191536571152194994992016365711521949949921163657115219499499221836571152194994992318365711521949949924193657115219499499251936571152194994992620365711521949949927213657115219499499282136571152194994992922365711521949949930223657115219499499

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 611932541212375161274220335512223851710153213557117234514825422375911923251268252239631212325115736234066125231511511723416712723051051082241661252295095099224166124229508508102242651232285085081122426512322850750712224264122227507507132142641222265065061421426312122650650615214263121225505505162041621202255055051720416212022550550518204162120225505505192041631202255055052021426312122550550521214263121226505505222142631212265065062321426312122650650624214263121226506506252142631212265065062621426312122650650627214263121226505505282142631212265055052922426312122550550530234263121225505505 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 6161941108224503124026194110822450399237214310322050080749244610621949966851026511092194995626112854114219499499712305611621949949981231561152194994999123256114219499499101333561142194994991114345711421949949912143557114219499499131435571142194994991414355711421949949915143657114219499499161435571142194994991714355711421949949918143557114219499499191535571142194994992016355711421949949921163557114219499499221836571142194994992318365711421949949924193657114219499499251936571142194994992620365711421949949927213657114219499499282136571142194994992922365711421949949930223657114219499499 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 617992115182297577129527689112178294573104338094115176292572850479941161762895697045789411917728756759167895121180286565565777951211812845645648769512017928356356397595119177282562562107393116174279559559117191114172277556556127091113171275555555137091112170275555555147091112170274554554157091112169274554554166990111169274553553176990111169273553553186889110168273553553196889110168272552552206788109167272552552216687109166271551551226687108166270550550236586107165269549549246485106164268548548256384105163267547547266283104162266546546276182103161265545545286081102160264544544295980101159263543543305879100157262542542 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 61102346112228507123421225471142295099923142850110227506807416315311322650666851733581162265065616183561121226506506719376312322650650681938631222265065069193862121225505505101939621202255055051119406212022550550512204062120225505505132041621202255055051420416212022550550515214263120225505505162042631202255055051721426312122550550518214263121226505505192142631212265065062022436412222650650621224364122227507507222243651222275075072323446512322750750724234465123227507507252344651232275075072623446512322750750727234465122227507507282244641222275075072922436412222750750730234364122227507507

2.6. 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 615184110822350212392518411082235029913620421032194998074823451052184986685925501082184985616102753113218498498712305511521849849881230551142184984989123155114218498498101232561142184984981113335611421849849812133456114218498498131434561142184984981414355611421849849815143556114218498498161435561142184984981714355611421849849818143556114218498498191535561142184984982016355611421849849821163556114218498498221835561142184984982318355611421849849824193556114218498498251935561142184984982620355611421849849827213556114218498498282135561142184984982922355611421849849830223556114219498498 2.7. 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 617245113824252212662724511382425221012382652126238518823410285411823751768151230561092365155726143459104235514514716366098233513513818385992232512512920446287231511511102044618523151051011194359862305095091219436087229509509131943608822850850814194360882285075071519436088227507507161943608822650550517194460882255055051819446088224504504191944608822450450420194460882255045042119446088225504504221944608822450450423194460882245045042419446088223503503252044608822350250226204460882225025022721446088221501501282144608822150150129224460882205005003023446088220500500 2.8. 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 618396118185300580129028295117184299579104038296118178295575850482971191792935727055819812218029157059368198124183289569569780981241842875675678789712218128556556597796120179283563563107696119177282562562117595118176281560560127495117174279559559137394115173278557557147293114172276556556157092113170275555555166990111169274554554176889110168273553553186789110167272552552196788109167271551551206687108166270550550216586107165270549549226485106164268548548236384105163267547547246283104162266546546256182103161265545545265981102159264544544275879100158263543543285778991572625425422956779815626154154130557697155260540540 2.9. 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 61566991158274553127025669911582735531023356709215226954983545772941542685486925577398156266546582657741001592655455457577510116126454354385674991582625425429547498156261541541105474971552605405401154749715525953953912537496154258538538135374951532585385381453749515325753753715527394152257536536165172931512565365361751729315125553553518507192150255535535195071921502545345342050719215025453453421497091149254534534224970911492545335332348699014825353353324486990148252532532254768891472525315312646678814625153153127466788146250530530284566871452495295292944658614424952952930436485143248528528

2.10. Króna Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 619110412619330858813492901031261933085881079390104126186303583876490105127187301580723590107131189300579606691108134193299579579792110135195299578578892110135194298578578992111135194298578578109211213619429857857811921131351932985785781292113135193297577577139111213419229657657614911121331912955755751589111132189294574574168810913018829357357317871081291872925725721886107128186291571571198510612718529057057020841051261842895695692183104125183288567567228210312418228656656623801011221802855655652479100121179283563563257798119177282562562267697118176280560560277495116174279559559287394115173277557557297192113171276556556307091112170274554554 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 613144661332485281252231446713424952910083324668128245524821432477013024352367953349741322425225706335076136241521521734527813824152052083352771362405205209325276134239519519103252761342385185181132537513323851851812325375132237517517133253741322375165161431527313123651651615315273131235515515163051721302355155151730517213023551451418305172130234514514193051721302345145142030517213023451451421305172130234514514223051721302345145142330517213023451451424295071129234514514252950711292345145142629507112923351351327295071128233513513282849701282335135132928497012823351251230284970128232512512 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 610423902054851199215249020648596632525862034827894362888202482653549339220248255065113796202482482751339992024824828714399820248248297153997202482482108163997202482482119184098203483483129173997202481481131018409820248248214121940972024824821512183996201481481161317389620048048017141738962004804801814173896200480480191517389620148148120151839972014814812116193997202481481221719399720248148123182039972024814812419213997201481481251922399720148148126202239962014814812720233996201481481282123409620148148129212441962014814813022264296201481481 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 614356791462615411257243567914626154110113455980141257537824445608314325653668354662871452555355746466389149254534534747659115125453353384665901492535335339456589147252532532104565891472515315311145668814625153053012456687145250530530134566871452495295291444658614424952952915446586144248528528164364851432485275271743648514324752752718426384142247527527194263841422465265262042638414224652652621416283141246526526224162831412455255252340618214024552552524406182140244524524253960811392435235232638598013824352352327375879137242522522283758791372415215212936577813624052052030355677135240520520

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 61162951118233513121921932551222375169843233759119236516804427426412423851766753046711292395195626294772132237517517734527813824152052083352771362405205209345377136241520520103656791372425225221137588013824352352312385981139243523523133960811392445245241440618214024452452415406182140244524524163961821392445245241740618214024452452418396081139244524524193960811392445235232039608113924452452421396081139244524524223960811392445235232339608113924352352324385980138243523523253859801382425225222637587913724252252227375879137241521521283657781362415215212936577813624052052030355677135240520520 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 611831541212365161257219325512223751710113213557117234514822423386012023351367952440651232335135706254268128233513513726447013023351351382645701292335135139264670128233513513102747701282335135131128487112923351351312284971129233513513132849711292335135131429507112923351351315295071129233513513162849711282335135131728507112823351351318285071128233513513192849711282335135132029507112923351351321285071128233513513222849701282335135132328497012823251251224274869127232512512252748691272315115112626476812623151151127264768126231510510282547681252305105102925466712523050950930254667125229509509 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 61536688155271550129325568901572725521037358729415427155184446176981582715516995637910316227255158766481107167272552552765831091692725525528658410916827255255296584109167272552552106686109167272552552116686109167271551551126687108166271551551136586108166270550550146586107165269549549156485106164269549549166385106163268548548176384105163268547547186283104162267547547196283104162266546546206182103161266546546216082103160265545545226081102160264544544235980101159263543543245879100158263542542255778991572625415412656779815626154154127557697155260540540285475961542595395392953749515325853853830527495152257537537 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 618497119186302581135128910212519130758610903921061281883055858914941091311913045847405971141381963065866236100117143202308587587710212014520530858858881031211472063105895899104123147206310590590101051251482063115915911110512514820631059059012105125147205310590590131041251462043095885881410312414520330758758715101122143201306586586161001211422003045845841798119141198303583583189711813919730258258219961171381963005805802094115136194299579579219311413519329757757722911121331912965765762389111132189294574574248810913018829257257225861071281862915705702684105126184289569569278310412518328756756728811021231812865655652979100121179284564564307899120178282562562

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 611225481152305101257215285011723351210073183254114231511820421365811823251167952339641222325125706254268127233513513726447013023351351382645701292335135139264670128233513513102747701282335135131127487012823351351312274870128233512512132748691272325125121427486912723151151115264768126231511511162647681262305105101725466712523051051018254667125230510510192546671252305105102025466712523051051021254668125230510510222546681252305105102325466712523051051024254667125230510510252546671252305095092625466712522950950927254667125229509509282445661242295095092924456612422950950930244566124229508508 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 619310612919631159113112951081301973125921058397111132193310589864499114136196309589716510011614119930958960361011181442033095895897102120146206309588588810212014520430858858891011201452033085885881010012014420230758658611991201422003055855851298119141199303583583139711813919730258258214951161381953005805801594115136194298578578169211313419229757657617911121331912955755751889110131189294574574198810913018829357257220871081291872925715712186107128186291570570228510612718528956956923841051261842885685682482103125182287567567258110212318128656656626801011221802855645642779100121179283563563287899120178282562562297798119176281561561307597118175280560560 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 61302315338405520800139028910212419130658611073921061271883055848974951101321923055857405971131381963065866216991161422013075865867100118144204307587587810111914520430858758791011201452033085885881010112114520330858758711102122145203308587587121021231452033085875871310312414520330858858814104125146204308588588151041251462043095895891610512614720531058958917106127148206310590590181071281492073115915911910712814920731259259220108129150208312592592211081291502073125925922210712814920731259159123106127148206311591591241051261472053105905902510412514620430958958926103124145203307587587271011231442013065865862810012114220030558458429991201411983035835833097118139197302581581 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 61010331002154951194211033100215495963321334952124917874315379721049065254164199209489549651844103209488488751945105208488488871944103207487487971943102206486486108204310120648648611921431012064864861292143101206486486131022431012064864861412234410220648648615122344102207486486161323441022074874871714244510320748748718142446103208488488191525461042094894892015264710521048948921162748106210490490221728491062114914912318284910721249149124192950107212492492251929501082134924922620295010821349349327203051108213493493282130511092134934932921305110921449349330223051109214494494

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 615063861522685471275251648615326854810213526688148265545830453689015026354368755369941522625425776547197156262542542754729815826154154185472971562605405409537297155260540540105372961542595385381152729515325753753712517294151256536536135071921502555355351449709114925453353315486990148252532532164768891472515315311746678814625053053018456687145250529529194465861442495295292044658614424852852821436485143248528528224364851432475275272342638414224752752724416384141246526526254162831412455255252640618214024552552527396182139244524524283960811392435235232938598013824352352330385980137242522522 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 61113126148215330610133221141271502173326121071311713115321333061087541201351572173316107265123139163222332611612612414116722733261261271261441702303336126128126145170229333613613912614517022833361261210126146169228332612612111261461692273326116111212514616822633061061013124145167224329609609141231441652233286076071512114216322132660660616119140161219324604604171171381602173226026021811613715821632060060019114135156214318598598201121331542123175975972111013115321031559559522109130151209313593593231071281492073115915912410512614720531058958925103124145203308587587261011221432013065865862799120141199304584584289811914019830258258229961171381963005805803094115136194299579579 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 611661792012683846631369217418721027639267111003180194216276393673899418319822028039467474651852012262843946746746186203229288394673673718620423029039367367381852042292883926726729184203228286391671671101842042272853906706701118320322628438866866812181202224281386666666131792002212793846636631417619721827638166166115173194215273378658658161701912132703756556551716718921026737265265218165186207265369649649191621832042623666466462015918020125936464364321156177198256361640640221531741952533586376372315017119225035463463424147168189247351631631251441651862443486286282614116218324134562562527138159180238343622622281351561772353406196192913215317423233761761730130151172230334614614 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 61304365132248527121323144661332495289783334768129246525800434497113124552466453551761342445245596365379138244524524736548014024352352383554791382425225229355478137241521521103555781362415215211135557813624052052012355577135240520520133455771352395195191434557613423951951915345576134239519519163455761342395195191734557613423951951918345576134239519519193456771342395195192035567713523951951921355677135239519519223556771352395195192334567713423951951924345576134239519519253455761342395185182634557613423851851827335576133238518518283354751332385185182933547513323751751730325475132237517517

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 61284164131246526123723043661332485289993334769129246526817436517313324752667853854791372475275716405783142248528528741598514524852852884260851442485285289426186144249528528104363861442495295291144648714524952952912446587145250529529134566871452505295291445668714525052952915456687145250529529164566871452495295291745668714525052952918456687145250530530194566871452505305302046678814625053053021466788146250530530224667881462505305302345668714525053053024456687145250529529254566871442495295292644658614424952852827436586143248528528284364851432475275272942638414224752752730426384142246526526 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 6112814116323034562514622126139161228344623116831261401622223396199484127142165224338618781512814416922733761765561281451712303366166167128146172232335615615812814617223133561461491271461702293336136131012714717022833361361311127147170228332612612121261471692273316116111312514616822533061061014124145166224329609609151221431652223276076071612014216322032560560517118139160218323603603181161371582163216016011911413515621431959959920112133154212317596596211101311522103145945942210812915020831259259223105126147205310590590241031241452033085885882510112214320130658558526991201411993035835832797118139197301581581289511613719529957957929931141351932975775773091112133191295575575 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 6111437104219499123723163810522150099336204110221949880948234510521949867051026511092194995636122955114220500500713315711722050050081332571162205005009133257115220500500101433571152204994991114345711521949949912143557114219499499131435561142194994991414355611421949849815143556114218498498161335561132184984981714355611421849849818143556114218498498191535561142194984982016355611421949949921163657115219499499221836571152204994992318365711522050050024193657115220500500251937581152205005002620375811522050050027213758116220500500282137581162205005002922375811622050050030233758116220500500 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 61344770137252532124223548701372525329983354971131248528813436517313324652667453652771352455255666385581140246526526736548014024352352383958831422465265269385882140245525525103454771352405205201130517313123651651612284970128233513513132647681262315105101424456612422950950915234465123227507507162143641212265065061721426312122550550518204162120225505505192041621202245045042020416212022450450421204162120225504504222041621202245045042320416212022450450424204162120224504504252041621192245045042620406111922450450427214061119224504504282140611192245035032922406111922350350330234061119223503503

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 6121422724931643271119792211224246313428708155232072212433034207001221420421924130141569497952002162412994096898026196214239299404684684719321123729740068068081892072332923966756759185204228287391671671101812012242823876676671117719822027838366366312174194216274379658658131701912122703756546541416618720826637165165115162184205262367647647161591802012593646436431715617719825636064064018152173194252357637637191491701912493546346342014616718824635163163121143164186243348628628221401621832403456256252313715918023734262262224135156177235339619619251321531742323366166162612915017122933461361327126147168226331611611281241451662243286086082912114216322132660660630119140161219324603603 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 6182547992355141266282547992355141013310285096233512824412335494233512681516385997233513573618426394234514514719446390234514514818436389234514514919456592234514514102148679623451451411235068982345145141224526999234514514132654701002345145141426557110023451451415265571100234514514162655711002345145141726557110023451451418265571100234514514192655711002345145142026557110023451451421265571100234514514222655711002345145142326557110023451451424265571100234514514252655711002345145142626557110023351351327265571100233513513282655711002335135132926557110023351251230265571100232512512 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 610413801954751179215127919447495232512731904697784261474188468645546197718746754365722811874664667592383186466466879238218646646697102382186466466108102482186466466119112482186466466129122482187466466131013248218746746714121425821874674671512142583187467467161315268318846746717131527831884684681814172884189468468191517298418946946920151830851904694692116183285190470470221619338619047047023182034861914704702419213586191471471251922368619147147126202237861914714712720233986191470470282123408619147047029212441861914704703022264286190470470 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 611132041156303311721132041156342232131142246152356175741152550149356136252172852149347108164203155149334878752232571493197278623345914930261196243562149285521106253764149269448117253865149252390127253865149242341137253865149242301147253865149242266157254065149242242167254265149242242177254465149242242187254765149242242197254965149242242208255165149242242218255465149242242229255665149242242239255965149242242249256165149242242251025646514924224226102566661492422422711256868149242242281125717014924224229112574711492422423012267673149242242

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 611426335416931132092152734551703492381315283659165363179841428386316236213915152941641623531104615314266161340896716334367160324741816334469159307623915334571159290531101534467315827345711153346731582563971214334572157250347131433457215624930614133244711562482711513324471156248248161331447015524824817133145701552482481813314870155248248191331507015524824820133252711552482482113325571156248248221432577115624824823143260711562492492414326271156249249251432647115624924926133267711562482482713326971156248248281332717115624824829133274731552482483013327775155248248 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 611132041156303311721132041156342232131142246151356175741152549149356136252172852149347108164193055149334878752232571493197278523345914930261196243562149285521106243764149268448117253764149252390127253865149242341137253865149242300147253865149242266157253965149242242167254265149242242177254465149242242187254765149242242197254965149242242208255165149242242218255465149242242229255665149242242239255965149242242249256165149242242251025646514924224226102566661492422422711256868149242242281125707014924224229112574711492422423012267673149242242 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 617587931142303243265271849011122635924483738695118224374185647185951202193741438570859612021736511416708697121216352926770879712121433576686986971232133186449698698124212305549106684961232093014731164829512220729941112638194121205298359136281931202052973171462819312020429729715628093120204297297166180921192042962961761809211920329629618617991118203296296196078911182022952952059789011720229429421597790117201294294225876891162002932932357768811519929229224567587114198291291255574861131972902902654738511219628928927537184111195288288285270831101942872872951698210919328628630506881108192285285 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 61518244516030131012719264616234223213821295215835617574822325715635613605102436591563471080611273862156334877712293964156318725812294066156302610912304168155285520101230436915526844811123143701552523891212314370155248341131331437015524830014133144701552482661513314471155248248161331447115524824817133244711552482481813324771156248248191432497115624924920143352721562492492114335472157249249221533567315725025023153359731572502502415336173157250250251533647315725025026153366731572502502715336973157250250281533717215725025029153374721572502503014337673157249249 3.6. 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 610131940155303311520131940155341232031132145151355175641142449148355136152162751148347108163193054148334878752132561483197268522335814830261195233461148285520106243663148268448116243764148252389126243764148241341136253764148241300146253764148241266156253964148241241166254264148241241176254464148241241186254764148241241197254964148241241208255164148241241218255464148241241229255664148241241239255964148241241249256164148241241251025646514824124126102565661482412412711256868148241241281125707014924124129112573711492412413012267673149241241 3.7. 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 61010214417530931862010214417534823733110234917036217944113265416736213895116285816635311026218335916534089474213660163324740862438591623076229931425916128952910113442581612724561110334258160256396129324258159252347139314258158251305149314359158250271159314359157249249169324459156248248179324559155248248189324859154247247199324959154247247209325259155247247219325559155247247229325760154247247239325961154247247249326263153246246251032646515324524526103267671522452452711326969152244244281132717115124424429113274731502432433012327675150243243 3.8. 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 6178909711823332732512778996117232358244237689971202263741855475889912322337514405748810012322136711446748910012521935392977390100124217337769871891001252153196479708899126213306551106987991262123054741168869912621130341212678598125209302360136584961232083003171464829512220629929915638194121205298298166280921192042972971761799211820329629618607891118202295295195977901172012942942058778911620029329321577688115200292292225675871141992912912355748611319729029024547285112196289289255371841111952882882652708311019428728727516981108193286286285068801071922852852948677910619128328330476679105190282282 3.9. 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 615163709120631031972516370902063522399350637195201368182145064749819836814135496475991963601123649657610019534791275066771011943317558496677102192314635948667710419129754110476578104190283466114765771041892824051246657710418928135513456476103188280312144563761031872802801544637510218727927916446274101186279279174362741011852782781843617310018527827819426173100185277277204260731001842772772142607399184277277224160729918427627623415971981832762762440597198182275275253958709718227427426395769961812742742738567096180273273283756739517927227229365575941792712713036547993178271271 3.10. Króna Duration (in years)Credit quality step 0Credit quality step 1Credit quality step 2Credit quality step 3Credit quality step 4Credit quality step 5Credit quality step 6186981051252413353409286981041252403712541384971051282343851918483961061312313831481583971091322303741173684991101342293599507851011121362293427848851021131382283236589851031151412283215601086104116143228321481118510411614322832141712851031161432273203641384102115142226319321148310111414122531831815821001131402243173171681991121382233163161780981111372223153151879971091362213143141978961081352203133132076951071342193113112175941061332183103102274921051322163093092372911031302153073072471901021292133063062569881001272123043042668869912621030330327668597124209301301286583961232073003002963829412120629829830628193120204297297

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 612638456518130631492273945661813472360326394770176362178842539497317336113855254051751723531098626425377171339891727435478171323738826435480170306620926445582169289528102644568316927245511254456831682613951225435683167260346132443558216725930414244254811662592701523425481166258258162341538016525725717224153801652572571822415380164257257192240538016425725720224153801642572572122415580164257257222241578016425725723224059801642572572422406179164257257252140647916425625626214066791632562562721396979163256256282139717816325625629203974781632552553020387678162255255 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 6100422137293300920162313833322573118281343481713413123213234813285141534132340105662417371323288587261939132312710827214213229659794724441322805091049274613226343811492948133247381124103147132232334135113448132225294145113748132225261156133847131224232166134146130223223176154448130223223186154550131223223197164852131223223207175154131224224218185355132224224229185558132224224239205760132224224249206061131224224251021636313222422426102265651332242242710236767135224224281124706913522422429112572711372242243012257573137223223 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 613951577819330731632395157781943482368338516083189363179643852628618636313925385364881853551106639556690184342899740566791184327745839566793183310626939576895182293534103957699618127546011385769961812734001238566995180273350133756689517927230814375567941792722731536556794178271271163554669317827027017355366931772702701834536592177269269193453659217626926920345265921762692692134526491176269269223352649117526826823335163901752682682432506390174267267253150658917426626626304968881732652652730487087172265265282947738717126426429284775861702632633027467785170262262 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 611123305016629830622142733541693392300317303862168355174942034446816835613585223748711693481080622384973167335878727445478171320727826435480170303612927455783171287522102947598617227045011304961881732653911231496289173266342133150628917426630214325063901742672671532516390174267267163250639017426726717325163901742672671832506289174267267193150628917426626620315062891742662662131506289174266266223150628917426626623314962891732662662431496188173266266253049648817226526526304866871722652652729486987171264264282947718617126426429284774861702632633028467685170263263 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 611426325316830731642152733541693482367315283660165362179041529396416336113855163142661633521098618344569163339891719364671163323738819374873163306620920384976163289528102039517816327245511213951781632563951221395279163256346132139527916325630414213952791632562701521395279163256256162139527916325625617213952791632562561821395279163256256192139527916325625620213952791632562562121395579163256256222039567816325525523203959781622552552420386177162255255251938647716125425426193766761612542542718376976161253253281836717616025325329173674751602522523017357675159252252

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 614860678820331532582506269892053572434352657397202372184345367771012013711428555698110420236311346577384108202349921758758511020233376285876861122023166419597688114202298546105977891162022944701159779011720229440812587789116201294357135876891162002933141457768811520029229215567587114199291291165674871141982912911755748611319829029018557385112197290290195473851121962892892053728411119628828821537184111195288288225271831101942872872351708210919328628624506981108193285285254968801071922842842648677910619128328327476678105190282282284765771041892822822946647610318828128130456379103187280280 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 6179919811923432934142849710312423937525673869910713023639219524861001101352343931516590104116139237385120569210811914323837197979511112214623835481189611312414924033768399711512715324133358210981161281552413335011198116129156241333435129711612815524033238113961151271542393313351495113126153237330330159311212415123632832816921111231502343273271791109122149233326326188910812014723232432419881071191462303233232087105117144229322322218510411614322732032022831021141412263183182382100113140224317317248099111138222315315257897109136221313313267795107134219312312277593106133217310310287392104131216308308297290102129214307307307088101128212305305 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 61820264716230731642102229501653472360312253357162361178641427376216236113845163042651633521099618334468163339892719364671163324738819374873163307621920384976163289529102038517716327245511203951781632563951220395178163255346132038517716225530514193850771612542701519374976161254254161836497616025325317183648751602532531817364875160252252191736507516025225220183652751602532532118365575160253253221836577516025325323183659751602532532417366275160252252251736647516025225226173667751592522522717356975159252252281735717415925225229163574741592512513016357775159251251 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 61891011071282443383307290102109129245364248539010311213524138018884911051151392393811465592107118142239372116469310912014423935994579511112214623934278289511212314823933165899411212415023833056010941121241512373294831192111123150235328419129110912214923332636713891081201472323243241488106119145230323323158610511714422832132116841031151422273193191783101114141225318318188210011213922431731719809911113822331531520799811013722231431421789710913622131331322779610813521931231223769410713421831131124759310613221731031025739210413121630830826729110313021530730727719010212921330630628708810112821230530529698710012721130430430688699125210303303

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 61298310316337452547351928496103123239380261138598107130236394196848710111113523539215205891041151382363821204691107118142237368976793110120144237351807894111122147238332678995112124150238330577109511312515223833049711951131261532383304311295114126153238330377139511412615323833033114961141271542383313311596115127154239331331169711612815524033233217981171291562403333331899117130157241334334191001181301572423353352010011813115824233533521100118131158242335335229911813015724233433423991171291562413343342498116128155240333333259611512715423933133126951141261532383303302794112125152236329329289211112315023532732729911091221492333263263089108120147232324324 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 610512321482922997205113214833222493151437143347170841616401403481326517184213934010546292044139327856721121451383127098211224713729659694112449136279508104112750136263438114122951136247380124123151136232333135123451136229294145123752136229260156133852137229232166134152137229229176154453137230230186154553138231231197164854139231231207175155140232232218185356141233233229185558141234234239205860142234234249206061142235235251022636314323523526102265651432362362710236867143236236281124706914323623629112572711442362363012267573144236236 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 614558648520031132112465865862013512393346596790196365181144559699419336514025466072951923561113647627398192343903747647498191327747847647510019031062894764761021902935351046647610318928146111456376103187280401124462751021862793511342617310018527730914416072991842762761540597198183275275163957709718127427417385769961802732731837566895180272272193755679417927227220365567941782712712136546693178271271223554669317727027023345365921772692692434526592176269269253352659117526826826325168901752672672732507089174267267283150738917326626629304975881732652653030487788172265265 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 6110812012714726335733642109122128149264368251931111241321562623851913411312613716126138614865115129141164262378118361171331441682623659637119135146170263355800811913614717326335567491191371491752633555761011913815017726235549711119137150177262354432121181371491762603533791311713514817525935235214115134146173258350350151141321441712563493491611113014216925434634617110128141167252345345181081261391662503433431910612513716424834134120104123135162247339339211031211341612453383382210111913215924333633623991181301572413343342497116128155240332332259511412615323833033026931121241512363283282792110122149234327327289010812114823232532529881071191462313233233086105117144229321321

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 611611731802013164103462216918218820932441825933174187195218324418197041761902002243244171530517719220322732441712176178194205229324416989717919620623032341581981781952062323224146899178195207233321414587101771952082343204135051117619420723431841143912174192205232316409409131711902022293144064061416818719922631140340315166184196223308401401161631811942203053983981716017819121830239539518157175188215299392392191541731852122963893892015117018220929438638621148167179206291383383221451641762032883803802314216117320028537737724139158170197281374374251361551671942783713712613315216419127536836827130149161188273365365281271461581852703623622912514315518226736036030122140153180264357357 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 612537446518029630452263845661813372286326394871177353173842740507517535413505274253771743461074628445579174334873729465681173318723829465782172302609928465884172285519102846598517126844711284659861702633891227465885170262340132746588516926230014274558841692622661526455784169261261162645578416926126117274557841692622621827455884169262262192745588516926226220274658851692622622127465885169262262222745588516926226223274559851692622622427456184169262262252645648416926126126264566841682612612726446983168261261282544718316826026029254474831672602603025437682167260260 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 612436426317830231092263844651803442338327404872178360177842942527717736113815314557801773531098632485983178340892734516286178325739835526388178308622935536591179291530103654679317927445611375568951792723971237566895180272347133756689518027230614375668951802722721537566895180272272163756689517927227217375668951802722721837566895180272272193856689518027327320385669961802732732138576996180273273223856699618027327323385669951802732732437566895180272272253755689517927227226365568941792712712736547094178271271283554739317727027029355375921772702703034527792176269269 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 61123135142162278372371221211331401612764002766312013314116527141520874120134144168268414161151201351461702674031274612113614717226638710327121138148173265369852812113814917426535771591201381501762643566091012013815117726335652411120138151178262355455121191371501772613543981311813614917626035335314117135147174259352352151151331461722573503501611313114417125534834817110129141168253345345181081271391662513433431910612513716424934134120104123135162247339339211021211331602443373372210011813115824233533523981161291552403333332495114126153238330330259311212415123632832826911101221492333263262789107120147231324324288710511814522932232229851031161432273203203083101114141225318318

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 61091536151302311020101738153342232431122144150357176141142549149357136552172852149348108464203155150335881762333571503207298624356015030361397243662150286522107253764150269450117253865149253391127253865149242342136253764149241301146253764149241267156254064148241241166244264148241241176244464148241241186244764148241241197254964149241241208255264149242242218265465149242242229265665150242242239265965150243243249266165150243243251026646615024324326102666671502432432711266968150243243281126717015024324329112674721502432433012267673150243243 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 613042486918430331232304249691853442336329425074179358177042842527617635913735284354781753501090631465782176337885729465680173321733832506086176305616932506187175288525102745588417027145211234254811662593931220395178163256344131837497616125330314173547741592522681515344673158250250161432457215624924917133245711552482481812314770155247247191231497015524724720123152701552472472112315570155247247221231567015424724723123159701542472472412306170154247247251230647015424724726123066691542472472711306969154246246281130717015424624629113074721542462463012307673153246246 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 61209221228249364476512822062182252453615253766320121422224535152727584197210220245344510206851922072182423394861599618920521624033545912727186203213237330433103881821992102353264188659178196207234321414733101741922052313174106291117018920122831340654412166185197224309401474131621811932203053974161415817718921630139339315155173186213297390390161511701822092943863861714816617920629038338318145163176202287380380191421601721992843773772013915717019628137437421136154167193278371371221331511641912753683682313014816118827236536524127145158185269362362251241431551822663593592612114015217926435635627119137150176261354354281161351471742583513512911413214417125634934930111130142169254346346 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 61014255016730931872014255016734923743117285516436317964120316016336213915323366616335411046627396816434089678314270164324741811344674164307623913375076164290531101439517716427345711154153781642573971216425479164257347131743558016425730614174455811642572711517445681164257257161745568116425625617174556811642572571817455681164257257191745568116425725720174556811642572572117455681164257257221745578116425725723174559811642572572417456281164257257251745648116425625626174566811642562562717456981163256256281745718116325625629174574811632552553017457681162255255

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 610041212828829562016131273282220311816121344168741311181183441310514132111733710426241623117324848726192611631070382621291162945919472430116278504104927331162614351149293511724637812493137117231331135113440117216292145113742117210259156133844117210231166134145118210210176154447118211211186154550119211211197164851122212212207175154123212212217185255125213213229185558127213213239205759128213213249206061130213213251021626313221321326102265651332132132710236767133213213281124696813521321329112572701362132133012257572137213213

Annex

ANNEX III Volatility adjustment to the relevant risk-free interest rate term structure CurrencyNational insurance marketVolatility adjustment (in bps)EuroAustria20EuroBelgium20EuroCroatia20EuroCyprus20EuroEstonia20EuroFinland20EuroFrance20EuroGermany20EuroGreece20EuroIreland20EuroItaly20EuroLatvia20EuroLithuania20EuroLuxembourg20EuroMalta20EuroNetherlands20EuroPortugal20EuroSlovakia20EuroSlovenia20EuroSpain20Czech korunaCzech Republic15Danish kroneDenmark23ForintHungary9KronaSweden2LevBulgaria32Pound sterlingUnited Kingdom19Romanian leuRomania12ZlotyPoland14KrónaIceland53Norwegian kroneNorway27Swiss francLiechtenstein-3Swiss francSwitzerland-3Australian dollarAustralia17Canadian dollarCanada27 Renminbi-yuanChina7Hong Kong dollarHong Kong4US dollarUnited States47YenJapan-1