Base rate is set to 4.25 percent

The Ministry of Finance has set the base rate to 4.25 percent as of 1 January 2024 until the end of June 2024. The base rate has been at 3.75 percent since 1 July 2023.

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 30206, markku.puumalainen(at)gov.fi