Euribor

Euribor (Euro Interbank Offered Rate) is the benchmark rate used by most lenders throughout Europe since 1999, it represents the interests of 4500 banks in 24 Member States of the European Union and in Iceland, Norway and Switzerland and by the Financial Markets Association.

There are weekly and monthly Euribor's, however most banks normally either use the 1, 3, 6 or 12 month Euribor with an additional margin for lending purposes. The choice is based upon the banks own policy.

The tables show the rates on the first working day of the month for 2010 and 2009 (rounded up to two decimal places).

2010

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

1m

0.45

0.43

0.41

0.40

2m

0.55

0.53

0.52

0.50

3m

0.70

0.67

0.66

0.64

6m

1.00

0.97

0.96

0.95

12m

1.25

1.23

1.22

1.21

2009

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

1m

2.57

1.76

1.51

1.11

0.93

0.93

0.74

0.53

0.48

0.44

0.42

0.48

2m

2.75

1.91

1.67

1.31

1.16

1.08

0.90

0.71

0.66

0.59

0.58

0.58

3m

2.86

2.08

1.81

1.50

1.36

1.22

1.08

0.89

0.82

0.75

0.72

0.72

6m

2.95

2.16

1.92

1.66

1.55

1.46

1.30

1.14

1.08

1.02

1.00

0.90

12m

3.03

2.26

2.03

1.80

1.72

1.62

1.49

1.35

1.30

1.24

1.24

1.24

Contact: info@intl-mortgage.co.uk or request a quote .

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International Mortgage Management is a registered trading name, that complies with data protection and holds a consumer credit license. Your property may be re-possessed if you do not keep up repayments on your mortgage. The exact fee for our service will depend on your circumstances and the location of the property. The Financial Services Authority (FSA) is the UK's mortgage regulator however it does not regulate international mortgages. We are not tax advisor's, and do not offer any advice or recommendation on tax or legal issues. All comments and figures are for illustrative purposes only; we strongly recommend that you see an independent tax advisor and lawyer. All mortgages are subject to status and offer and will not be binding unless stated otherwise. Flag images are provided by www.3DFlags.com.