Government and ministries Media

Base rate remains at –0.25 percent

Ministry of Finance 11.6.2020 14.47
Press release

The Ministry of Finance has set the base rate to –0.25 percent as of 1 July 2020 until the end of December 2020. The base rate has been at –0.25 percent since 1 January 2020.

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.

Inquiries:

Markku Puumalainen, Financial Counsellor, tel. +358 2955 30206

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