ICO Green and Social Bonds
Instituto de Crédito Oficial
Ukraine war special measures
€10 billion Liquidity Guarantee Line
Guarantee Line within the framework of the National Response Plan
to the war in Ukraine
The purpose of this Guarantee Line is to cover the corresponding part
of the new financing operations granted by financial entities to
companies and self-employed from all productive sectors (except the
financial and insurance sectors), which are affected by the economic
effects of the war in Ukraine, such as the increase in energy prices,
raw materials or electricity.
The line is intended to finance liquidity needs of the companies and
self-employed (current expenses, working capital and investments).
Guarantees are managed by ICO on behalf of the Government.
No credit impact on ICO financial accounts stemming from the guarantees.
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