Understanding the Euro Interbank Offered Rate (Euribor)

Euribor, short for Euro Interbank Offered Rate, is a pivotal benchmark interest rate within the Eurozone. It represents the average rate at which a panel of European banks lend funds to one another in the interbank market. These rates are calculated for various maturities, ranging from one week up to twelve months, providing a comprehensive view of short-term borrowing costs within the Euro area.

Euribor Rate Value
Euribor 1 week 2.649 %
Euribor 1 month 2.471 %
Euribor 3 months 2.491 %
Euribor 6 months 2.342 %
Euribor 12 months 2.381 %

Euribor® and Eonia® are registered trademarks of EMMI a.i.s.b.l.

The Euro Interbank Offered Rate is widely recognized as a cornerstone of the European money market. Serving as a primary reference rate, Euribor underpins the pricing of a vast array of financial instruments. From complex derivatives like interest rate swaps and futures to everyday financial products such as savings accounts and mortgages, Euribor’s influence is pervasive. This is why financial professionals, businesses, and individuals closely monitor Euribor rate movements as indicators of broader economic and financial conditions.

Prior to November 1st, 2013, there were fifteen different Euribor rates. Currently, the Euribor family consists of five key rates, reflecting the most actively traded maturities. For a detailed overview of these and other related rates, refer to our current Euribor rates page. In addition to Euribor, the Euro overnight index average, known as ESTER, serves as the benchmark for overnight interbank lending in Europe.

This website is dedicated to providing in-depth information regarding Euribor and its various maturities. We offer background information to understand its significance, real-time Euribor rates to stay updated, and historical data for analytical purposes.

Furthermore, we also provide insights into the ECB interest rate, also referred to as the main refinancing rate or minimum bid rate set by the European Central Bank.

Euribor-rates.eu is part of the Triami Media financial websites network, your trusted source for financial market data. Explore global-rates.com for comprehensive global interest rates and economic indicators.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *