The DIRECTOR GENERAL of the TREASURY Viewed the art. 20 March 11, 1988, Act No. 67 (1988 Finance Act), which, in authorizing the execution of a multiannual programme of measures in the area of building renovation, of technological modernization of public health heritage and residences for the elderly and dependent persons to the total amount of 30,000 billion lire, then raised to 34,000 billion lire with law # 388/2000 provides that the financing of interventions provided by mortgage, whose depreciation charge is taken from the budget of the State, that the regions and the autonomous provinces of Trento and Bolzano shall be authorised to carry out, within the limits of the 95% of the eligible expenditure resulting from the project, with the B, Cassa Depositi e Prestiti and with institutes and credit companies empowered to that second method and procedures to be agreed with Decree of the Minister of the Treasury in consultation with the Minister of health; Visto l'art. 4, paragraph 7, of law December 23, 1992, n. 500, which stipulates that expenses arising from loans taken for healthcare under the aforementioned art. 20 of law No 67/1988, within the limits of 1,500 billion lire in the year 1993, are borne by the national health fund-capital; Having regard to the order of the Minister of the Treasury, in consultation with the Minister of health, December 7, 1988 and subsequent amendments and additions, incorporating «methods and procedures for granting of mortgages that the regions and autonomous provinces of Trento and Bolzano are authorized to contract, pursuant to art. 20 March 11, 1988, law No. 67, for the financing of the programme of assistance in the health sector '; Considering that, pursuant to art. 3, paragraph 2, of the Decree of the Minister of the Treasury, in consultation with the Minister of health, December 7, 1988 and subsequent amendments and integrations, 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 , published 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. 3, paragraph 2, of the Decree of the Minister of the Treasury, in consultation with the Minister of health, December 7, 1988 and subsequent amendments and additions, the figure 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 art. 20 of law No 67/1988 and art. 4, paragraph 7 of law no 500/92, are: 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 for mortgages, under art. 20 March 11, 1988, Act No. 67 and art. 4, paragraph 7, of law December 23, 1992, # 500, 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