Bacno de España – News and events,Basel Committee publishes final guidelines for counterparty credit risk management

Basel Committee Publishes Final Guidelines for Counterparty Credit Risk Management Madrid, December 11, 2024 – The Basel Committee on Banking Supervision (BCBS) has published the final version of its guidelines for counterparty credit risk (CCR) management. The guidelines aim to enhance the resilience of the banking sector by improving the way banks manage the credit … Read more

The Spanish Economy RSS,Banco de España – Statistical Bulletin. November 2024

Banco de España – Statistical Bulletin. November 2024 Economic Activity The Spanish economy continued to grow in the third quarter of 2024, with GDP increasing by 0.6% quarter-on-quarter. This growth was driven by a recovery in private consumption and investment, as well as a continued expansion in exports. The labor market remained strong, with employment … Read more

The Spanish Economy RSS,Short term auction (Letras): 10 December 2024

Short-Term Auction (Letras): December 10, 2024 The Spanish Treasury successfully conducted a short-term auction on December 10, 2024, issuing 12-month letras (treasury bills) with a total nominal value of €3,000 million. The auction was well-received by investors, with a bid-to-cover ratio of 4.12. Auction Results The letras were auctioned at an average yield of 2.75%, … Read more

Bacno de España – News and events,Consolidated financial statement of the Eurosystem as at 6 December 2024

Consolidated Financial Statement of the Eurosystem as at 6 December 2024 Published on 2024-12-10 14:00 Introduction The Eurosystem is a monetary union consisting of 19 European Union (EU) member states that have adopted the euro as their currency. The Eurosystem is responsible for the monetary policy of the eurozone. The Eurosystem is composed of the … Read more

España,Novedades de la Cooperación Española: un impulso hacia el desarrollo global

Spanish Cooperation Unveils New Initiatives for Global Development Madrid, December 8, 2024 – Spain’s Ministry of Foreign Affairs, European Union, and Cooperation (MAEC) announced a series of groundbreaking initiatives under the banner of “Spanish Cooperation: A Drive Towards Global Development.” These initiatives aim to enhance Spain’s role in addressing global challenges and fostering sustainable development … Read more