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Legislation > Reference and discount rates (in %) since 01.08.1997
Base rates calculated in accordance with the Commission communication of 19.01.2008
To these base rates the appropriate top-ups need to be added.
Base rates calculated in accordance with the Communication from the Commission on the revision of the method for setting the reference and discount rates (OJ C 14, 19.01.2008, p.6.). Depending on the use of the reference rate, the appropriate margins have still to be added as defined in this communication. For the discount rate this means that a margin of 100 basis points has to be added. The Commission Regulation (EC) No 271/2008 of 30 January 2008 amending the implementing regulation (EC) No 794/2004 foresees that, unless otherwise provided for in a specific decision, the recovery rate will also be calculated by adding 100 basis points to the base rate.
Date of last update: 21.05.2015
Changes are indicated in bold
A clerical error was made and wrong figures were published on this website on 11.3.2015.
No change in base rate for the Euro zone on 1.4.2015 (it remains at 0.34%).
For Denmark the base rate changes to 0.42% (and not to 0.41%).
For Sweden the base rate is indeed 0.23%.
The correct figures are published in the table hereunder.