Resolution of 26 April 2013 by the General Secretariat for the Treasury and Financial Policy updating the annex on maximum borrowing costs for autonomous communities

OFFICIAL STATE BOLETIN
No. 104 Wednesday, 1 May 2013 Sec. I. Page 33400

I. GENERAL PROVISIONS
MINISTRY OF ECONOMY AND COMPETITIVENESS

4579 Resolution of 26 April 2013, of the General Secretariat for the Treasury and Financial Policy, updating the annex included in the Resolution of 4 March 2013, which defines the financial prudential principle applicable to the borrowing operations of the common-regime autonomous communities and cities with autonomous statute that opt for the ICO-CCAA 2012 direct financing line and the Autonomous Liquidity Fund.

The Resolution of 4 March 2013, of the General Secretariat for the Treasury and Financial Policy, which defines the financial prudential principle applicable to the borrowing operations of the common-regime autonomous communities and cities with autonomous statute that opt for the ICO-CCAA 2012 direct financing line and the Autonomous Liquidity Fund, establishes in its third article that "the total maximum cost of borrowing operations, including commissions and other expenses, may not exceed the fixed rates or the maximum spreads applicable, which are published monthly by Resolution by the General Secretariat for the Treasury and Financial Policy. The published maximum costs will remain in force until new costs are published."

In accordance with this obligation to update monthly the maximum fixed rates or spreads applicable, a new annex is published that will replace the annex included in the Resolution of 4 March 2013 and the last update published in the Resolution of 1 April, of the General Secretariat for the Treasury and Financial Policy.

Madrid, 26 April 2013.–The General Secretary for the Treasury and Financial Policy, Íñigo Fernández de Mesa Vargas.

cve: BOE-A-2013-4579

OFFICIAL STATE BOLETIN
No. 104 Wednesday, 1 May 2013 Sec. I. Page 33401

ANNEX
Maximum spreads applicable for the month of May for the purposes of compliance with paragraph three of the Resolution of 4 March 2013, of the General Secretariat for the Treasury and Financial Policy

Average life of the operation (Months) Maximum fixed rate Maximum spread over Euribor 12 months Maximum spread over Euribor 6 months Maximum spread over Euribor 3 months Maximum spread over Euribor 1 month

1 2.69 237
2 2.69 245
3 2.70 244 253
4 2.86 263 272
5 2.97 275 284
6 3.07 274 286 295
7 3.12 280 292 301
8 3.16 285 297 306
9 3.29 297 309 318
10 3.41 309 321 329
11 3.48 316 328 337
12 3.53 301 321 333 342
13 3.62 310 330 342 350
14 3.71 319 339 351 360
15 3.80 328 348 360 368
16 3.87 335 354 366 375
17 3.94 341 361 373 382
18 4.02 348 368 380 388
19 4.08 355 373 385 394
20 4.14 361 379 391 400
21 4.20 368 385 397 405
22 4.27 374 390 402 411
23 4.36 380 398 410 419
24 4.46 387 407 419 427
25 4.52 393 412 424 433
26 4.57 397 418 430 438
27 4.63 401 423 435 443
28 4.68 405 428 440 449
29 4.72 407 430 442 451
Term ≥ 30 4.75 410 433 445 454

cve: BOE-A-2013-4579 http://www.boe.es OFFICIAL STATE BOLETIN D. L.: M-1/1958 - ISSN: 0212-033X