The European Banking Authority (EBA) published a Report on the medium- to long term objectives of its interest rate risk in the banking book (IRRBB) Heatmap, including key observations and recommendations for institutions and supervisors.

The Report completes the medium to long term milestones defined in the IRRBB Heatmap and builds on the guidance provided during the first phase of the examination, which was reflected in the first IRRBB Heatmap implementation report on the short to medium term objectives, published in February 2025.

The present publication also provides an analytical review and presents observations and recommendations in several areas, which are designed to inform supervisory dialogue and support institutions’ practices. All recommendations should be applied in a proportionate manner, reflecting each institution’s size, complexity, risk profile, and business model. Importantly, the Report does not introduce new regulatory requirements.