Regulatory Alerts2014-01-18
Resolution of 14 January 2014 by the General Secretariat for the Treasury and Financial Policy amending the 20 July 2012 resolution establishing conditions for Spanish Government Debt Market Makers
The General Secretariat for the Treasury and Financial Policy amends the 2012 resolution governing Spanish Government Debt Market Makers to explicitly incorporate simple sale operations into their eligible functions. This modification aligns the Market Makers' rights with Order ECC/1/2014, which authorizes such sales for state debt issuance in 2014 and early 2015. The amendment updates Articles 5 and 7 to ensure Market Makers for bonds, notes, and treasury bills are considered for these operations and may receive exclusive access to Treasury liquidity auctions upon meeting participation requirements.
Share