Base rate is set to 0.00 percent

The Ministry of Finance has set the base rate to 0.00 percent as of 1 July 2022 until the end of December 2022. The base rate has been at −0.50 percent since 1 January 2022.

Corrected: The base rate is set to 0.00 percent, not −0,25 percent.

The base rate, calculated twice a year, is determined based on 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. 

Inquiries:

Markku Puumalainen, Senior Ministerial Adviser, tel. +358 2955 30 206, markku.puumalainen(at)gov.fi