12-month Euribor – February 2023
The average 12-month Euribor for February 2023 is 3.534 %, computed from 20 daily fixings (complete). The month opened at 3.414 %, closed at 3.725 %, with a low of 3.374 % and a high of 3.725 %. Versus January 2023 the average is up +0.197 pp.
Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in February on the 12-month Euribor plus 1 pp would pay 4.53 % 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?
Annuity formula; assumes the rate applies for the whole remaining term. Your bank may round or use a different convention.
February 2023
Source: official ECB / Eurosystem data. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 3.725 % | +0.045 pp | |
| 3.680 % | +0.018 pp | |
| 3.662 % | +0.020 pp | |
| 3.642 % | +0.017 pp | |
| 3.625 % | +0.047 pp | |
| 3.578 % | -0.001 pp | |
| 3.579 % | +0.007 pp | |
| 3.572 % | +0.005 pp | |
| 3.567 % | +0.025 pp | |
| 3.542 % | +0.024 pp | |
| 3.518 % | +0.008 pp | |
| 3.510 % | +0.045 pp | |
| 3.465 % | -0.021 pp | |
| 3.486 % | +0.035 pp | |
| 3.451 % | +0.016 pp | |
| 3.435 % | +0.034 pp | |
| 3.401 % | +0.027 pp | |
| 3.374 % | -0.072 pp | |
| 3.446 % | +0.032 pp | |
| 3.414 % | – |
Source: official ECB / Eurosystem data. Published with a 24-hour delay.
Frequently asked questions
What is the 12-month Euribor average for February 2023?
3.534 %, computed from 20 daily fixings. The ECB's official monthly average is 3.534 %.
My mortgage revises with the February average – what rate applies?
Reference 3.534 % plus your contractual spread; with a 1 pp spread the new rate is 4.53 %. 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