Determination Of The Interest Rate To Be Applied For The Period1 January-June 30, 2015, Mortgages For The Realizzazionedel Programme Of Urgent Interventions For The Prevention And Fight Against Aids Concluded In Date Before March 29 ...

Original Language Title: Determinazione del tasso di interesse da applicarsi, per il periodo1° gennaio - 30 giugno 2015, ai mutui destinati alla realizzazionedel programma di interventi urgenti per la prevenzione e la lottacontro l'AIDS stipulati in data anteriore al 29 marzo...

Read the untranslated law here: http://www.gazzettaufficiale.it/atto/serie_generale/caricaArticoloDefault/originario?atto.dataPubblicazioneGazzetta=2015-01-05&atto.codiceRedazionale=15A00006&elenco30giorni=false&atto.tipoProvvedimento=DECRETO

The DIRECTOR GENERAL of the TREASURY View the law June 5, 1990, n. 135, bearing the programme of urgent interventions for the prevention and control of AIDS; Having regard to the Decree-Law October 2, 1993, no. 396, converted, with amendments, by law December 4, 1993, n. 492, containing provisions relating to healthcare; Having regard to the Decree of the Minister of the Treasury of the October 27, 1990 and subsequent amendments and additions, incorporating «methods and procedures of interventions for the prevention and fight against AIDS provided by law June 5, 1990, # 135 '; Considering that, pursuant to art. 4, paragraph 3, of the Decree of the Minister of the Treasury of the October 27, 1990 and subsequent amendments, for floating-rate mortgage operations regulated under laws referred to above, the extent of deferred annual interest rate applicable is constituted by the unweighted arithmetic average of the average gross return of fixed-income securities, communicated by the Bank of Italy and the monthly average daily rates increased Ribor simple arithmetic of 0.75; Considering also that, by virtue of the said art. 4, paragraph 3, of the Decree of the Minister of the Treasury of the October 27, 1990 and subsequent amendments, the data as calculated above, rounded up if necessary, or by default, at 0.05% closer, we should add a spread to the extent of 0.80; Having regard to the Decree of the Minister of the Treasury, budget and economic planning of December 23, 1998, which stipulates that the rate that replaces the Ribor is the Euribor; Having regard to the statement of the Director-General of the Treasury, published in Official Gazette No 73 of March 29, 1999, whereby, pursuant to and for the purposes of article 45, paragraph 32, of law December 23, 1998, n. 448, it was announced the overall cost mortgage amount maximum annual concluded less than or equal to 100 billion lire with costs borne by the State; Having regard to the extent of the average gross return of fixed-income securities, referring to November 2015, detected on computer site of Bank of Italy; Having regard to the extent of the ACT/360 Euribor at three months, noted for November 2015 on Reuters, multiplied by the coefficient 365/360 (Euribor ACT/365); Given that the above-mentioned parameters, to be used for the determination of the reference rate for the operations provided for by law n. 135/1990 and # 492/1993, amounted to: average gross return of fixed-income securities: 1.705 percent; simple arithmetic average monthly Euribor daily rates ACT/360 in three months, detected on Reuters, multiplied by the coefficient 365/360 (Euribor ACT/365): 0.082%; Considered valid the data above; Considered, moreover, that the average monthly Euribor daily rates simple arithmetic va addition an increase of 0.75; Having regard to the Legislative Decree March 30, 2001, n. 165 and subsequent amendments and additions;
Decrees: borrowing costs to be used for mortgage operations, referred to rules June 5, 1990, # 135 and December 4, 1993, # 492, adjusted variable rate and concluded prior to the date of March 29, 1999 it amounted to 1.25%. As a result, taking account of the spread of 0.80, the extent of deferred annual interest rate for the period 1 January-June 30, 2015 is equal to 2.05%. This Decree will be published in the official journal of the Italian Republic.
Rome, December 23, 2014 The Director General of the Treasury: the way