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HR Ratings considers that the Financial Discipline Act ( LDF ) facilitated access to better long-term direct state bank financing terms.
"The implementation of this law has yielded positive results as to the ease with which entities have access to better financing conditions ," he said.
He explains that it is because the FDL established new rules that encourage more competitive debt-servicing mechanisms, through public tendering and bidding processes. open "These tendering processes help to determine, using consistent criteria, the best financial terms proposals, so HR Ratings observed better offers from banking institutions, offering weighted average surcharge levels lower than those historically recorded and, as a result, generating a lower expected financial cost. sub-national debt ", commented
He commented that implementation of the LDF, some states have proceeded to the restructuring and / or refinancing of their bank debt term, and the main benefit observed is the reduction of applicable to the payment of interest.
For example, Veracruz before had an average surcharge of 2.52 percent and with the restructuring it fell to 1.13 percent.
a common factor observed in the restructuring processes of each entity was that they were granted longer terms to fully amortize their debt. 
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