Update of financial prudence limits for autonomous communities and local entities debt
15 Apr 2026Effective: 14 Apr 202672 views
Who is affected:
Autonomous communities, local entities and financial entities providing them with debt services
Summary
The Treasury updates the parameters that autonomous communities and local entities must respect when borrowing or contracting financial derivatives. These limits aim to prevent excessive risk operations with public funds.
Detailed analysis
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The General Secretariat of the Treasury updates annex 1 of the 2017 Resolution that defines the financial prudence principle applicable to borrowing operations and derivatives of autonomous communities and local entities. This principle establishes conditions and limits that such operations must comply with to be consi…
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