Select a language...
RATINGS AND BONDS
FINANCING AND BUDGET
Print this page
Madrid´s deficit decreases in 2012 and improvement the target
Madrid's deficit down almost 45% in 2012, to stand at 1.07%. So that it was below the limit of 1.5% and confirmed that Madrid is the region that historically performs better in fulfilling budgetary stability.
S&P highlights the comfortable liquidity position of the Region of Madrid
S&P reaffirmed the Madrid´s rating at BBB-, although of not having the methodological limitations with respect to a region or local government has a rating higher than the related sovereign, it would be BBB+.
The Regional Government has closed a bilateral transaction valued at 2,270 million.
The Region of Madrid issued all authorized debt for 2013. The two major operations were a private issue with 12 Anglo-Saxon investors who bought € 1 billion in debt maturing in 13 years and other public issue of a 5-year bond that allotted € 1 billion.
Autorisation to arrange loans in foreign currency and to issuing bonds up to EUR 2,270.07
On the 18th of January , the Spanish Government authorised the Community of Madrid to arrange loans in foreign currency and to issuing bonds up to EUR 2,270,071,373.81.
The region of Madrid fullfills with stability target in the 3Q12
The deficit of the Region of Madrid without advance payments stood at 0.79% in 3Q12 and notes that will meet the target of a level no higher than 1.5% in 2012.
Financial-Economic Plan 2012-2014
European Central Bank
Banco de España
Asociación de Intermediarios de Activos Financieros
Attention to the citizen
Dirección General de Política Financiera, Tesorería y Patrimonio
Plaza de Chamberi, 8.
Phone:+(34) 91 420 88 51
Copyright © Comunidad de Madrid.