Premium matrix: export credits exceeding 12 months

The tariff shows both an interval and a standard premium rate. Guarantees for smaller transactions are often priced at the standard rate. Guarantees for larger transactions are more usually priced within the entire interval. Degree of cover, currency and credit interest rate level affect the annual premium rate allocated. In debtor category A, there is no interval. For this category, the OECD-agreed minimum premium rate applies, according to a calculation model that takes neither currency nor credit interest rate into account.

The premium applied and debtor classification is determined by the transaction as a whole. This means that premium and debtor category are not only affected by the country risk category and the borrower’s own creditworthiness, but also by the amount, how the transaction is structured, and the security offered. Consequently, depending on the amount and the structure, the premiums for two transactions involving the same company can be set differently.

Country risk category 0 - 7 Debtor category A - F

Risk class A is based on the minimum premium rate (MPR) permitted by the OECD. 

Debtor categories

The debtor in a transaction is placed in a category from A to F. Category A contains the country’s strongest debtors. Category F contains the weakest. Below is a description of how debtors are usually categorised. However, companies, banks and public borrowers can be placed in any category.