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Autonomys that Are Indebted to the Free Market Are Paying an Interest Rate Similar to that of the State: Around 3%
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After 13 years without going out to the financial markets to obtain long-term financing, the Generalitat de Catalunya has gone to the private sector to refinance 3.5 billion old debt that it had contracted with the State (through the Autonomic Liquidity Fund, FLA). And it has achieved this through the formalization of 7 loans to 10 years with six Spanish financial institutions at an average rate of 2.951%. The interest rate is half point cheaper…
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