EIOPA publishes the Ultimate Forward Rate (UFR) for 2027

The European Insurance and Occupational Pensions Authority (EIOPA) published today the calculation of the Ultimate Forward Rate (UFR) for 2027.

For all relevant currencies, except for the Chinese renminbi (yuan), the UFR remains unchanged compared to the previous year.

Accordingly, the applicable UFR for the euro is maintained at 3.30% for 2027, while the UFR for the renminbi (yuan) decreases by 15 basis points to 4.05% for 2027.

The details of the calculation of the UFR for 2027 are available in the report on the calculation of the Ultimate Forward Rate for 2027.

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

Go to the Report