FI leaves the countercyclical buffer rate unchanged

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged. The buffer rate of 0 per cent, which was applied starting on 16 March 2020, shall thus continue to apply. The countercyclical buffer guide is set at 0 per cent.

The buffer rate of 1 per cent that was decided on 28 September of this year will be applied as of 29 September 2022. Until then, the buffer rate is 0 per cent, the rate that was applied as of 16 March 2020. The countercyclical buffer guide is calculated to be 0 per cent. The buffer guide for the previous quarter has been revised downward from 0.22 per cent to 0.10 per cent.

In accordance with the Capital Buffers Act (2014:966), FI shall set or adjust the countercyclical buffer rate each quarter as needed. Under the same Act, FI shall also calculate a countercyclical buffer guide each quarter.