Base rate rises to 2,50 per cent
valtiovarainministeriö
Publication date
1.12.2005
9.53
Press release
139/2005
The Ministry of Finance has set the base rate to 2,50 per cent as of 1 January 2006 until the end of June 2006. The base rate has remained 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. +358-9-160 34922.
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