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Resolution Of 29 October 2014, Of The General Directorate Of The Treasury And Financial Policy, By Which Updates Annex Included In Resolution Of 5 September 2014, Which Defined The Principle Of Financial Prudence Applied...

Original Language Title: Resolución de 29 de octubre de 2014, de la Secretaría General del Tesoro y Política Financiera, por la que se actualiza el anexo incluido en la Resolución de 5 de septiembre de 2014, por la que se define el principio de prudencia financiera aplica...

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TEXT

The Resolution of 5 September 2014, of the General Secretariat of the Treasury and Financial Policy, defining the principle of financial prudence applicable to the borrowing operations of the autonomous communities of Common rules and cities with autonomy status which are included in the Autonomic Liquidity Fund provides in its third article that " the maximum total cost of borrowing operations, including commissions and other expenses except commissions referred to in the following paragraph, may not exceed fixed rates or maximum differentials The General Secretariat of the Treasury and Financial Policy shall publish monthly by means of Resolution. The maximum published costs shall remain in force for as long as no new costs are published. "

In accordance with this obligation to update the applicable fixed rates or maximum differential monthly rates, a new Annex is published, which will replace the Annex included in the Resolution of 2 October 2014.

Madrid, October 29, 2014. -Secretary General of the Treasury and Financial Policy, Rosa María Sánchez-Yebra Alonso.

ANNEX

Maximum differentials applicable for the purposes of compliance with the third paragraph of the Resolution of 5 September 2014, of the General Secretariat of the Treasury and Financial Policy

5

348

456

588

Life (Months)

Maximum Fixed Type

Maximum Differential over euribor 12 months

Maximum number of Euribor 6 months

Maximum amount over euribor 3 months

Differential maximum over euribor 1 month

1

2

0.82

81

3

0.89

79

87

4

0.90

80

80

88

0.97

96

6

81

91

100

7

1.04

92

101

8

1.07

85

95

104

9

97

97

105

10

1.08

86

86

105

11

1.09

87

97

106

12

72

87

97

97

105

13

1.13

77

91

102

112

14

1.15

78

92

103

113

15

1.17

79

93

104

114

1.18

80

94

105

115

17

81

95

81

106

116

1.19

81

96

106

116

19

1.20

82

96

107

117

20

1,21

82

97

108

118

21

1.21

83

97

108

118

22

1.22

84

98

109

119

23

1,24

85

99

110

121

24

1.25

86

100

111

36

1.45

99

114

126

138

48

1.57

102

117

129

60

1,81

113

128

141

154

72

2.00

119

134

147

160

2.25

130

144

157

170

96

2.51

142

157

169

182

108

2.76

154

168

181

194

120

2.95

161

175

188

201

132

3.17

172

187

199

212

144

3.34

181

196

208

221

156

3.50

189

204

216

168

3.55

189

203

216

229

180

3.61

189

204

216

192

3.66

190

204

217

230

204

3.73

192

207

219

232

216

3.80

211

223

236

228

3.87

200

215

227

240

240

3.94

204

219

231

245

252

4.00

223

235

248

264

4.04

209

224

236

249

276

211

226

238

251

288

4.10

213

227

240

253

300

4.16

218

233

245

258

312

4.19

221

235

248

324

4.23

223

238

250

263

336

4.26

226

240

253

4.27

226

241

253

266

360

4.28

227

242

254

267

372

4.29

228

242

255

268

384

4.31

228

243

255

268

396

4.32

229

244

256

269

408

230

244

257

270

420

4.34

230

245

257

270

4.35

231

246

258

271

444

4.37

232

246

259

4.38

232

247

259

272

233

233

248

260

4.40

234

248

261

274

4.41

234

234

249

261

274

504

4.43

235

250

262

275

516

4.44

236

250

263

276

528

4.45

236

251

263

276

540

237

252

264

277

552

4.48

238

252

26265

278

564

4.49

238

253

265

278

576

4.50

239

254

266

279

4.51

240

254

267

280

600

240

240

255

267

280

≥ 612

4.54

Fixed interest rates and maximum applicable differential rates for operations whose exact average life is not published in this table shall be subject to linear interpolation between the two most different types or spreads. close to the average time of the operation.