Information week of October 28, 2017 (cloned) (cloned) (cloned) (cloned) (cloned) | Madrid's community
Information week of October 28, 2017 (cloned) (cloned) (cloned) (cloned) (cloned) | Madrid's community
Information week of October 28, 2017 (cloned) (cloned) (cloned) (cloned) (cloned)
13 October 2017
Everything you need to know about the Region of Madrid as a borrower and issuer of securities
Investor Relations is specifically aimed at institutional investors, financial institutions and private investors, both Spanish and international, who wish to purchase regional public debt or finance the Regional Government of Madrid or any of its public entities.
Are you looking to purchase debt from the Region of Madrid?
One of the reasons for buying debt from the Region of Madrid is its autonomous capability to issue its own debt, having one of the lowest Debt / GDP ratios within the Autonomous Regions sub-sector.
In turn, within the sub-sovereign scope, the Region of Madrid provides an interesting return for the investor within the issuers included in the investment grade category.
Similarly, the Region of Madrid debt is granted the legal security represented by the Article XNUMX of the Spanish Constitution, as a guarantee of its compliance with investors.
Our Rating
The Region of Madrid has a credit rating granted by the three rating agencies with the highest international prestige. According to the market standard, the credit quality of the Region of Madrid, when considered as an investment grade, provides an interesting and safe investment opportunity.
The qualifications are currently the following:
Fitch: BBB with stable outlook (12/01/2017)
S&P: BBB with stable outlook (09/10/2015)
Moody's: Baa2, with a stable outlook (23/02/2016)
Financial Strategy 2017
Annually, we establish general guidelines that develop our emission objectives, taking into account the conditions and evolution of the market, the financing needs of the Community of Madrid and the regulatory requirements, mainly established in the Organic Law on Budgetary Stability.
For the 2017 financial year, the main lines of action are as follows:
Issue liquid bonds (emissions of more than 500 million euros).
Smooth the maturity profile towards the long term.
Issue Sustainable Bonds.
Responsibility in debt management.
Preference of bond issues over loan contracts.
Sustainable Debt
Sustainable Debt
The Community of Madrid, in its commitment to sustainable development, establishes itself as a benchmark in bond issues of this nature by public entities in Spain. We began in 2016, probing the market with a first issue, to launch in 2017 one of the most important bond issues of this nature carried out in our country, backed by the reports made ("second opinion") by the most prestigious rating entities in the sector.
In addition, in this exercise, loans have been made, within this investment concept, which meet the necessary requirements to obtain the definition of sustainable.
In the following links, you can obtain all the relevant information on the structure and composition of our debt, the issues made, as well as an updated presentation that will help the investor gain a better overview of the advantages of investing in the Region of Madrid's debt.
