Regulatory Alerts2014-06-10
Resolution of 29 May 2014 updating the annex to the Resolution of 12 February 2014 on financial prudence for autonomous community borrowing under ICO-CCAA 2012 and the Autonomous Liquidity Fund
The General Secretariat for the Treasury and Financial Policy issued this resolution to update the maximum borrowing cost limits for autonomous communities and cities with autonomous statutes accessing the ICO-CCAA 2012 direct financing line and the Autonomous Liquidity Fund. It replaces the previous annex with new maximum fixed rates and Euribor differentials applicable for May 2014, ensuring compliance with the financial prudence principle defined in the February 2014 resolution. These updated caps remain in force until new maximum costs are published in a subsequent resolution.
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