General Secretary of Spanish Treasury on public debt strategy for 2013

The video discusses the Spanish Treasury's refinancing strategy, highlighting its comfort with current debt levels and refinancing volumes. It outlines the financing band for the year, which includes the needs of autonomous communities through the Autonomy Equity Fund. The video also notes a significant reduction in the average cost of public debt from 2011 to 2012, including MEDE financing, while maintaining the average debt maturity.

What percentage of the Spanish public debt is refinanced annually, according to the Treasury's comfort level?

• 10%

• 15%

• 20%

• 25%

What is the financing range set by the Spanish Treasury for the year?

• Between 230,000 and 245,000 million euros

• Between 245,000 and 260,000 million euros

• Between 200,000 and 215,000 million euros

• Between 215,000 and 230,000 million euros

What new element is included in the Treasury's financing range this year?

• International loans

• Private sector investments

• Regional financing needs

• Corporate bonds

How did the average cost of Spanish public debt change from 2011 to 2012?

• Increased from 3.91 to 4.11

• Decreased from 4.11 to 3.91

• Remained the same at 4.11

• Increased from 3.81 to 4.01

What was the change in the average life of Spanish public debt from 2011 to 2012?

• Increased from 6.24 to 6.44

• Increased from 6.34 to 6.55

• Remained the same at 6.55

• Decreased from 6.55 to 6.34