Communication Of Maximum Interest Rate To Be Applied To Mortgages Dastipulare With Burden The Rule Of Equal Or Inferioread Euro 51,645,689.91.

Original Language Title: Comunicazione del tasso di interesse massimo da applicare ai mutui dastipulare con onere a carico dello Stato di importo pari o inferioread euro 51.645.689,91.

Read the untranslated law here: http://www.gazzettaufficiale.it/atto/serie_generale/caricaArticoloDefault/originario?atto.dataPubblicazioneGazzetta=2015-03-24&atto.codiceRedazionale=15A02241&elenco30giorni=false&atto.tipoProvvedimento=DECRETO

(Omitted);
Visto l'art. 45, paragraph 32, of law December 23, 1998, n. 448, which stipulates that: "notwithstanding than as may be required by current standards, even in special character, for mortgages to be concluded with the burden borne by the State, of an amount equal to or less than 100 billion lire, the interest rate cannot be higher than shown periodically on the basis of market conditions, by the Treasury of budget and economic planning with specific notice to be published in the Official Gazette. For mortgages of more than 100 billion lire, the maximum applicable rate must be agreed upon by stakeholders with the Treasury, budget and economic planning. If the above methods are not applied any higher cost garrison ' on the subjects themselves;
Having regard to the communication published in the Official Gazette No 102 of May 5, 2014;
Considered it necessary to change the benchmarks and segments of the mortgage duration in relation to changes in market conditions;
Notify: pursuant to and for the purposes of article. 45, paragraph 32, until further notice, the annual global cost of mortgages with burden borne by entering into fixed rate or variable rate tenders for an amount less than or equal to euro 51,645,689.91, cannot exceed, for their respective deadlines, to that indicated below: === === === === === === === === === === === === === === === === === | Mortgage expiration | Fixed rate | Variable rate |
+=================+===========+===================+
| | Swap 7Y + | |
| Up to 10 years | 0.60% | Euribor6M + 0.60% |
+-----------------+-----------+-------------------+
| | Swap 10Y + | |
| Up to 15 years | 1.05% | Euribor6M + 1.05% |
+-----------------+-----------+-------------------+
| | Swap 12Y + | |
| Up to 20 years | 1.15% | Euribor6M + 1.15% |
+-----------------+-----------+-------------------+
| | Swap 15Y + | |
| Up to 25 years | 1.30% | Euribor6M + 1.25% |
+-----------------+-----------+-------------------+
| | Swap 20Y + | |
| Over 25 years | 1.65% | Euribor6M + 1.70% |
+-----------------+------------+------------------Plus The applicable Euribor mortgages it detected two working days prior to the effective date of each interest period. Swap rates are the Euribor rates to fixed in Frankfurt at 11 o'clock the day before conclusion of the contract. The Euribor is brought back to Reuters Euribor01 circuit page, swap rates are at the circuit ISDAFIX2 page Reuters, column EURIBOR BASIS-EUR.
This notice replaces the previous one published in the Official Journal No. 102 of May 5, 2014.