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Calculate your premium

Here you can get an indication of the premium for EKN’s guarantee for loss on claim.

Please contact us by calling +46 8-788 00 00 or e-mailing info@ekn.se for short-term credits to high-income countries, price information for our other guarantees or for a more precise premium indication.

Risks and premiums

EKN’s risk assessment has two main components – assessment of political risk (country risk assessment) and assessment of commercial risk.

Under the current conditions, with convertible currencies and deregulation in most places, economic problems at country level can give rise to substantial currency and interest volatility with consequent negative impacts on companies. This is why credit risk assessment is conducted by a credit analyst in close collaboration with a country risk analyst.

Lower your transaction premium

The risk level in a transaction determines the premium EKN takes out. As a guarantee holder, there are many ways in which you can reduce the risk in a transaction in order to lower the premium for EKN’s guarantee.

If you agree to provide additional collateral in the transaction, this can reduce the uncertainty in the transaction. If this results in a clear risk improvement, EKN may offer you a lower premium for your guarantee.

Pledged assets, reservation of title and sureties are all examples of additional collateral.

Contractual terms and conditions that lower risk

It may also be possible to reduce the premium in the guarantee by agreeing on certain terms and conditions in the contract that is to be guaranteed. These may include:

  • Higher advance payment.
  • Shorter credit period.
  • Your acceptance of a higher excess in EKN’s guarantee.
  • Use of an EKN guarantee for only part of the transaction period.

Accepting a higher excess and/or a shortened guarantee period directly affects the premium rate in your EKN guarantee.

Please contact us if you are unsure how to affect the premium in your transaction and we can suggest possible solutions.

Premium matrix: loss on claim guarantee, credit periods exceeding 12 months

For transactions with a credit period exceeding 12 months, EKN applies a tariff shown in a matrix with country risk categories from 0 to 7 and debtor categories from A to F.

The price levels in the matrix are shown as an annual premium rate in hundredths of a per cent (basis points) of the credit amount. The annual premium can be likened to an annual interest rate.

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.

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 credit rating, but also by the amount, the transaction structure and the collateral offered. Depending on the amount and the structure, the premiums for two transactions involving the same company can therefore be set differently.

Transactions with a risk period exceeding 24 months are regulated by an OECD agreement. EKN’s pricing could be limited by a minimum premium in accordance with this agreement. For country risk category 1–7, a risk-reflected premium is set. For country risk category 0, market pricing is applied as the floor.

Premium matrix

As of 14 March 2025

(RC = Risk category)

RC, Country RC, Debtor A B C D E F
0 Standard
Interval
5

15
10-25
40
25-65
95
65-125
165
125-240
325
240-500
1 Standard
Interval
MPR
20-30
20
15-30
45
30-70
100
70-130
175
130-250
335
250-500
2 Standard
Interval
MPR
20-30
45
30-60
75
60-95
120
95-150
195
150-270
355
270-500
3 Standard
Interval
MPR
45-65
75
60-95
120
90-135
155
135-185
215
185-290
375
290-500
4 Standard
Interval
MPR
80-120
140
120-155
165
155-180
190
180-230
255
230-310
395
310-500
5 Standard
Interval
MPR
120-160
185
160-200
215
200-225
235
225-270
295
270-360
415
360-500
6 Standard
Interval
MPR
160-225
240
225-245
260
245-280
300
280-315
340
315-385
435
385-500
7 Standard
Interval
MPR
200-285
300
285-310
315
310-330
350
330-380
420
380-430
455
430-500

You can download the matrix in pdf format.

 

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About country risk assess­ment

For each guarantee application, EKN makes an assessment of the risk of non-payment in the associated transaction. This is how it works.

About country risk assess­ment

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