EIOPA publishes the calculation of the Ultimate Forward Rate for 2020

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published the calculation of the Ultimate Forward Rate (UFR) for 2020. 

EIOPA calculated the ultimate forward rate (UFR) for 2020 in accordance with the methodology to derive the UFR which can be obtained via this link (p.p. 108-111). 

For the euro, the applicable UFR as of as of 1 January 2020 will be 3.75%.