Today’s three, six and 12 month Euribor prices have hit new highs since the beginning of 2009, with Lusa advancing.
“The rate of six-month Euribor, the most widely used in Portugal for mortgages and which entered positive territory on June 6, rose today to 2.296%, an increase of 0.018 points and a new maximum since January 2009,” it was reported, “The average Euribor rose For six months, from 1.596% in September to 1.997% in October.”
Six-month Euribor was negative for six years and seven months (between November 6, 2015 and June 3, 2022), Lusa recalls.
And he continued, “In the same vein, in 12 months, Euribor advanced today, when it was set at 2.820%, up 0.026 points from Friday and the new maximum since January 2009,” after it rose on April 12. to 0.005%, positive for the first time since February 5, 2016, Euribor for 12 months has been in positive territory since April 21.”
The 12-month Euribor average rose from 2.233% in September to 2.629% in October.
The three-month Euribor index, which entered positive territory on July 14 for the first time since April 2015, also advanced today, having been set at 1.742%, up 0.008 points from Friday and a new high since March 2015. 2009
“The three-month Euribor average was negative between April 21, 2015 and last July 13 (seven years and two months)”, it concludes, “the three-month Euribor average increased from 1.011% in September to 1.428% in October.”
Emily Brontë is a journalist and feature writer specialising in culture, entertainment, literature, and current affairs. She is dedicated to producing clear, accurate reporting that helps readers stay informed about developments in the UK and around the world.
