Thursday, December 19, 2013

Euribor rates down across all maturities - TVI24

Euribor rates fell on Thursday to three, six, nine and 12 months after they reversed the uptrend on Wednesday.

Euribor six months, the most widely used in Portugal in mortgage loans, today fell 0.006 percentage points from Wednesday, to be fixed at 0.387%. The three-month Euribor fell to 0.005 percentage points, and was set at 0.293%.

In terms of nine and 12 months Euribor rates also declined today to, respectively, 0.481% and 0.558%, 0.006 more and 0.007 percentage points higher than the values ??of Wednesday.

rates were to rise steadily between 5 and December 18.

On 5 December, the ECB left unchanged interest rate after the November 7 having unexpectedly fallen from 0.50% to 0.25%.

The Euribor is set by the average of the rates at which a group of 57 eurozone banks is willing to lend money to each other in the interbank market.

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