Introduction section Maximum Rates General Government Mortgages

Maximum Rates General Government Mortgages

This page contains the tables with the maximum interest rates for mortgages with burdens borne by the State, of amount equal to or less than 51,645,689.91 euros, and for mortgages with burdens borne by Local Authorities without limits of amount.

Relevant Determinations of the Head of the Public Debt Directorate are available in the sections "Laws and Regulation on Government Debt", respectively at the link: Other liabilities of General Government and at the link: Rules regarding Local Authorities.

Maximum interest rates for mortgages with burden borne by the State
Starting from: June 28th, 2022
Mortgage Maturity Fixed Rate Floating Rate
Up to 10 years Swap 7Y + 0.90% Euribor6M + 1.00%
Up to 15 years Swap 10Y + 1.25% Euribor6M + 1.30%
Up to 20 years Swap 12Y + 1.60% Euribor6M + 1.65%
Up to 25 years Swap 15Y + 1.50% Euribor6M + 1.60%
Beyond 25 years Swap 20Y + 1.50% Euribor6M + 1.60%

 

Maximum interest rates for mortgages with burden borne by Local Authorities
Starting from: June 28th, 2022
Mortgage Maturity Fixed Rate Floating Rate
Up to 10 years Swap 7Y + 1.10% Euribor6M + 1.15%
Up to 15 years Swap 10Y + 1.45% Euribor6M + 1.50%
Up to 20 years Swap 12Y + 1.85% Euribor6M + 1.95%
Up to 25 years Swap 15Y + 1.75% Euribor6M + 1.90%
Beyond 25 years Swap 20Y + 1.75% Euribor6M + 1.85%

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