Month of November 2020
A) Reference rates applicable for calculating the market value in compensation for interest rate risk of mortgage loans.
Permuta de Intereses/Interest Rate Swap (IRS)1
|
Deadlines |
Percentage |
|
Two years. |
-0,525 |
|
Three years. |
-0,515 |
|
Four years. |
-0,492 |
|
Five years. |
-0,460 |
|
Seven years. |
-0,381 |
|
Ten years. |
-0,241 |
|
Fifteen years. |
-0,046 |
|
Twenty years. |
0,035 |
|
Thirty years. |
0,012 |
–
B) Necessary rate for the calculation of the differential to apply to obtain the market value of the loans or credits that are paid in advance.
|
Percentage |
|
|
Interest Rate Swap (IRS) for one year1 |
-0,542 |
–
Madrid, December 1, 2020.-The General Director of Operations, Markets and Payment Systems, Juan Ayuso Huertas.
1? The definition and method of calculating these indices is set out in Bank of Spain Circular 5/2012, of June 27 (BOE of July 6).
– .
