Base rate is set to –0,25 per cent

Ministry of Finance 7.12.2017 14.36
Press release

The Ministry of Finance has set the base rate to –0.25 per cent as of 1 January 2018 until the end of June 2018. The base rate has been at 0.00 per cent since 1 January 2016.

The base rate, calculated twice a year, is determined on the basis of the average for the 12-month market interest rate quoted over the three months prior to the rate being set. The Ministry of Finance sets the base rate to the nearest one quarter of a percentage point (Act on certain reference rates 996/1998).

Inquiries:

Markku Puumalainen, Financial Counsellor, tel. +358 2955 30206

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