Euribor Fees Rise to Six Months for New Peaks Since November 2024 . . Economic Journal
5 Articles
5 Articles
With the changes this Thursday, September 10, the three-month rate, which advanced to 2.643%, continued below the rates to six (2.806%) and to 12 months (3.138%).
Euribor is set on the basis of the average of the rates at which a set of 21 euro area banks are willing to lend money to each other on the interbank market
Euribor is at its highest level in almost two years. The 6-month Euribor, the base interest rate for home and business loans, has risen rapidly to 2.8%, the highest level since November 2024. Banking, Interest.
The European Central Bank is due to announce a further increase in the principal rates this Thursday
Euribor rose today to three and six months, in the longest term to a new maximum since November 2024, and remained 12 months at the new maximum since August 2024, registered on Wednesday.
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