EIOPA publishes the Ultimate Forward Rate (UFR) for 2026

The European Insurance and Occupational Pensions Authority (EIOPA) published today the calculation of the Ultimate Forward Rate (UFR) for 2026.

The UFR does not change for any of the relevant currencies compared to this year. This means an applicable UFR of 3.30% as of 1 January 2026 for the euro.

The details of the calculation of the UFR for 2026 are available in the report on the calculation of the Ultimate Forward Rate for 2026.

The UFR was calculated in accordance with the methodology to derive the UFR (available in Annex E of the RFR Technical Documentation).

Download the report