POUPANÇA NO MINUTO
CLASSIFICADOS AUTO
Euribor falls to three months and rises to six and 12 months
The Euribor rate fell today at three months and rose at six and 12 months compared to Friday.
© Shutterstock
Economia Imóveis
With today's changes, the three-month Euribor, which fell to 3.891%, remains above the six-month rate (3.850%) and the 12-month rate (3.734%).
The six-month Euribor rate, which has become the most used in Portugal for variable rate housing loans and which was above 4% between September 14 and December 01, rose today to 3.850%, up 0.004 points, after having advanced on October 18 to 4.143%, a new high since November 2008.
Data from the Banco de Portugal (BdP) for February indicate that the six-month Euribor is the most used, representing 36.6% of the 'stock' of loans for permanent housing with variable rates. The same data indicate that the 12-month and three-month Euribor represented 34.7% and 24.6%, respectively.
In the 12-month period, the Euribor rate, which was above 4% between June 16 and November 29, also rose today to 3.734%, up 0.002 points from the previous session, against the high since November 2008, of 4.228%, recorded on September 29.
Conversely, the three-month Euribor fell, being set at 3.891%, down 0.001 points, after having risen on October 19 to 4.002%, a new high since November 2008.
At the monetary policy meeting on April 11, the ECB kept key interest rates at their highest level since 2001 for the fifth consecutive time, after having made 10 increases since July 21, 2022.
The next ECB monetary policy meeting will be held on June 06 in Frankfurt.
The average Euribor in March remained at 3.923% at three months, fell 0.006 points to 3.895% at six months (against 3.901% in February) and rose 0.047 points to 3.718% at 12 months (against 3.671%).
Euribor rates began to rise more significantly from February 04, 2022, after the ECB admitted that it could raise key interest rates due to rising inflation in the eurozone and the trend was reinforced with the start of the invasion of Ukraine by Russia on February 24, 2022.
The three, six and 12-month Euribor rates recorded all-time lows of -0.605% on December 14, 2021, -0.554% and -0.518% on December 20, 2021, respectively.
Euribor rates are set by the average of the rates at which a group of 19 eurozone banks are willing to lend money to each other on the interbank market.
Read Also: Euribor falls at three months and rises at six and 12 months (Portuguese version)
Descarregue a nossa App gratuita.
Oitavo ano consecutivo Escolha do Consumidor para Imprensa Online e eleito o produto do ano 2024.
* Estudo da e Netsonda, nov. e dez. 2023 produtodoano- pt.com
Recomendados para si
Classificados Auto
Leia Também
Últimas Notícias
Mais lidas
- Última hora
- Dia
- Semana
-
1
economia Segurança Social
-
2
economia Combustíveis
Vem aí mais uma semana de descida de preços nos combustíveis
-
3
economia Santa Casa de Lisboa
"Cancro" na Santa Casa e novo provedor. A audição (tensa) da ministra
-
4
economia ministra do Trabalho
Ministra aceita demissão da presidente do Instituto de Segurança Social
-
5
economia Governo
Novo aeroporto? "Uma epopeia que se arrastava há tempo demais"
-
6
economia Frente Comum
Frente comum espera "grande adesão" à greve e protesto desta sexta-feira
-
7
-
8
economia Frente Comum
Centenas de trabalhadores da Função Pública começam a juntar-se em Lisboa
-
9
economia Parlamento
Pinto Luz diz que habitação "não deve ser arma de arremesso político"
-
10
