Six-month Euribor rate falls to 3.822 percent
The six-month Euro Interbank Offered Rate (Euribor), which relates to loans and leases, has fallen to 3.822 percent, its lowest figure since mid-June last year.
The six-month Euribor rate rose above four percent in mid-September 2023, after the European Central Bank (ECB) opted to continue with a strategy of raising interest rates.
By mid-October, the Euribor had reached its peak at 4.143 percent. This was followed by a decline, and the rate fell below the 4-percent mark again in early December.
Until the summer of 2022, the rate had been in the negative.
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Editor: Andrew Whyte
