Base rate remains at 2,25 per cent
valtiovarainministeriö
Publication date
3.6.2004
12.00
Press release
75/2004
The Ministry of Finance has set the base rate to 2,25 per cent as of 1 July 2004 until the end of December 2004. The base rate stood at 2,25 per cent since 1 January 2004.
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: Mr. Mikko Vuorikallio, Financial Advicer, tel. +358-(0)9-160 34922.
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