Main / Press releases and speeches / Press releases / Base rate is set to 1,25 per cent
The Ministry of Finance has set the base rate to 1,25 per cent as of 1 January 2010 until the end of June 2010. The
base rate has remained at 1,75 per cent since 1 July 2009.
The base rate, calculated twice a year, is determined on the basis of the average for the 12-month market interest
rate quoted over the three months prior to the rate being set. The Ministry of Finance sets the base rate to the
nearest one quarter of a percentage point (Act on certain reference rates 996/1998).
Inquiries: Mr. Veikko Kantola, Cabinet Counselor, tel. 358-(0)9 160 34953 and Mr. Jussi Lindgren, Financial Adviser, tel. 358-(0)9-160 34922.
Ministry of Finance P.O BOX 28 FIN-00023 GOVERNMENT Tel. +358 9 160 01 E-mail: valtiovarainministerio@vm.fi