Euribor Rates
Euribor (Euro Interbank Offered Rate) is a daily reference rate based on the averaged interest rates at which Eurozone banks offer to lend unsecured funds to other banks in the euro wholesale money market.
These rates are vital to the European financial ecosystem and directly affect mortgage rates, loans, and other financial products for millions of people across Europe.
Current Euribor Rates
Last updated: May 13, 2025 View daily rates
| Term | Rate (%) |
|---|---|
| 1 Week | 2.168% |
| 1 Month | 2.126% |
| 3 Month | 2.143% |
| 6 Month | 2.131% |
| 12 Month | 2.107% |
About Euribor
Euribor is administered by the European Money Markets Institute (EMMI) and serves as a benchmark for various financial instruments across the Eurozone. It's one of the most important interest rate benchmarks in the European financial system.
Euribor is calculated using a methodology that combines transaction-based data with expert judgment when necessary. It's calculated for five different maturities: 1 week, 1 month, 3 months, 6 months, and 12 months.
Euribor rates serve as reference rates for a vast number of financial products and contracts across Europe, including mortgages, savings accounts, and derivatives.
Frequently Asked Questions
What is Euribor?
Euribor (Euro Interbank Offered Rate) is a reference rate expressing the average interest rate at which Eurozone banks offer to lend unsecured funds to other banks in the euro wholesale money market. It's calculated for 1 week, 1 month, 3 months, 6 months, and 12 months maturities.
How is Euribor calculated?
Euribor is calculated using a methodology that combines transaction-based data with expert judgment when necessary. A panel of contributing banks submits daily quotes, which are processed using a calculation methodology that eliminates the highest and lowest 15% of quotes before calculating a trimmed average of the remaining values.
Why is Euribor important?
Euribor is important because it serves as a benchmark for trillions of euros in financial products, including mortgages, savings accounts, and derivatives. Changes in Euribor rates affect the interest rates that consumers and businesses pay on their loans and mortgages across the Eurozone.
How does Euribor affect my mortgage?
If you have a variable-rate mortgage indexed to Euribor, changes in the Euribor rate directly affect your monthly payments. When Euribor rises, your mortgage payments typically increase, and when it falls, your payments decrease. The specific impact depends on your mortgage terms and which Euribor rate (3-month, 6-month, etc.) your mortgage is tied to.
What's the difference between the different Euribor terms?
Euribor is calculated for five different maturities: 1 week, 1 month, 3 months, 6 months, and 12 months. Each term reflects the interest rate for lending over that specific time period. Generally, longer terms have higher rates due to increased risk and uncertainty over longer periods, though this relationship can invert during certain economic conditions.
Historical Euribor Data
Want to analyze Euribor trends over time? View our historical charts and data for all Euribor terms.
View Historical Charts