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Government and ministries Media

Base rate is set to –0.25 per cent

Ministry of Finance
12.12.2019 12.50
Press release

The Ministry of Finance has set the base rate to –0.25 per cent as of 1 January 2020 until the end of June 2020. The base rate has been at 0.00 per cent since 1 July 2019.

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).


Markku Puumalainen, Senior Ministerial Adviser, tel. +358 2955 30206, markku.puumalainen(at)

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