
Euribor rate goes down to six and 12 months and remains at three months
The six-month Euribor rate, which passed in January 2024 to be the most used in Portugal in housing credits with variable rate, fell today, being..
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Summary
The six-month Euribor rate, which passed in January 2024 to be the most used in Portugal in variable rate housing credits, fell today, being fixed at 2.547%, less 0.007 points than on Friday. Within 12 months, the Euribor rate today dropped to 2.693%, minus 0.016 points than in the previous session. On 11 June, as anticipated by the market, the ECB decided at the monetary policy meeting to raise the steering rates for the first time since September 2023, namely by 0.25 percentage points.
Furthermore, Today's changes, the three-month rate, which remained at 2.321%, remained below the rates at six (2.547%) and 12 months (2.693%). The same data indicate that the 12-month and 3-month Euribors represented 31.39% and 24.45%, respectively. In June, Euribor's monthly average rose to three and to six months, having retreated to 12 months.
In addition, Euribor rate goes down to six and 12 months and remains at three months.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
The six-month Euribor rate, which passed in January 2024 to be the most used in Portugal in variable rate housing credits, fell today, being fixed at 2.547%, less 0.007 points than on Friday.
reliability low1/3 sourcesWithin 12 months, the Euribor rate today dropped to 2.693%, minus 0.016 points than in the previous session.
reliability low1/3 sourcesOn 11 June, as anticipated by the market, the ECB decided at the monetary policy meeting to raise the steering rates for the first time since September 2023, namely by 0.25 percentage points.
reliability low1/3 sourcesToday's changes, the three-month rate, which remained at 2.321%, remained below the rates at six (2.547%) and 12 months (2.693%).
reliability low1/3 sourcesThe same data indicate that the 12-month and 3-month Euribors represented 31.39% and 24.45%, respectively.
reliability low1/3 sourcesIn June, Euribor's monthly average rose to three and to six months, having retreated to 12 months.
reliability low1/3 sourcesEuribor rate goes down to six and 12 months and remains at three months.
reliability low1/3 sources
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