12-month Euribor – May 2022

Average · complete
0.287 %
vs previous month
up +0.274 pp
Low / High
0.182 % / 0.390 %
First → Last
0.213 % → 0.390 %
ECB avg
0.287 %

The average 12-month Euribor for May 2022 is 0.287 %, computed from 22 daily fixings (complete). The month opened at 0.213 %, closed at 0.390 %, with a low of 0.182 % and a high of 0.390 %. Versus April 2022 the average is up +0.274 pp.

Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in May on the 12-month Euribor plus 1 pp would pay 1.29 % for the coming period.

Every number on this page is an official published fixing, not an estimate: daily values are the Euribor fixings as published in the ECB / Eurosystem's official statistics, monthly averages are the arithmetic mean of those fixings and are cross-checked against the ECB Data Portal, and the tables are refreshed every business day after the previous day's fixing appears. Tenors use the ACT/360 convention. Where a monthly average differs from the ECB figure by more than a hundredth of a point the methodology page lists the case.

What does it mean for a mortgage?

0.287 % + 1.00 pp = 1.29 %
Monthly payment
€709
At the previous revision (0.013 %)
€691
+€18 / month

Annuity formula; assumes the rate applies for the whole remaining term. Your bank may round or use a different convention.

May 2022

12-month Euribor May 2022: average 0.287 %0.200.300.400209162330

Source: official ECB / Eurosystem data. Published with a 24-hour delay.

Date

DateRateChange
0.390 %+0.029 pp
0.361 %+0.003 pp
0.358 %-0.002 pp
0.360 %+0.001 pp
0.359 %-0.005 pp
0.364 %+0.016 pp
0.348 %-0.005 pp
0.353 %+0.009 pp
0.344 %+0.031 pp
0.313 %+0.073 pp
0.240 %+0.034 pp
0.206 %+0.024 pp
0.182 %-0.048 pp
0.230 %+0.003 pp
0.227 %-0.009 pp
0.236 %-0.027 pp
0.263 %+0.017 pp
0.246 %-0.007 pp
0.253 %+0.019 pp
0.234 %+0.009 pp
0.225 %+0.012 pp
0.213 %

Source: official ECB / Eurosystem data. Published with a 24-hour delay.

Frequently asked questions

What is the 12-month Euribor average for May 2022?

0.287 %, computed from 22 daily fixings. The ECB's official monthly average is 0.287 %.

My mortgage revises with the May average – what rate applies?

Reference 0.287 % plus your contractual spread; with a 1 pp spread the new rate is 1.29 %. Check whether your contract uses the previous month or the month before that.

Source: official ECB / Eurosystem data. Published with a 24-hour delay. 07/09/2026