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The Real Decree-Law 15/2026 authorizes public institutional state entities to carry out extraordinary credit operations, repealing the previous financial system established in Article 47 of Law 38/2015. Entities such as RENFE, the Foreign Trade Institute, or State Ports can access supplementary credits under specific conditions. The repeal is carried out by Resolution of 25 June 2026 (Article 111.2 of Law 47/2003).
For state public bodies, a new mechanism for accessing extraordinary credit is established, facilitating financial management during crises. Public administrations dependent on these bodies may see improved liquidity for urgent operations. Financial advisors must update their procedures to assess the new authorisation conditions. The state institutional public sector must act within the specified deadlines to avoid operational disruptions.
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