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EURIBOR

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4 years 8 months ago #1 by Editor
EURIBOR was created by Editor
The EURIBOR is a daily reference...

Many mortgages in Spain are linked to the EURIBOR rate. It is a quite common misunderstanding that the EURIBOR is decided by the European Central Bank (ECB), but that is not the case. It is therefore vital for people with mortgages to understand what EURIBOR is to have a better idea of what can make the interest rate of mortgages to change.

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1 year 6 months ago - 1 year 6 months ago #2 by Editor
Replied by Editor on topic EURIBOR
PRESS RELEASE of ECB - 4 May 2023

Key ECB interest rates

The Governing Council decided to raise the three key ECB interest rates by 25 basis points. Accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 3.75%, 4.00% and 3.25% respectively, with effect from 10 May 2023.

www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp230504~cdfd11a697.en.html

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1 year 3 months ago #3 by Editor
Replied by Editor on topic EURIBOR
EURIBOR has been increasing dramatically since April 2022 when it went from negative to positive.

www.euribordiario.es/

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