12-month Euribor – June 2023
The average 12-month Euribor for June 2023 is 4.007 %, computed from 22 daily fixings (complete). The month opened at 3.875 %, closed at 4.134 %, with a low of 3.875 % and a high of 4.147 %. Versus May 2023 the average is up +0.145 pp.
Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in June on the 12-month Euribor plus 1 pp would pay 5.01 % 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.
June 2023
Source: official ECB / Eurosystem data. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 4.134 % | +0.031 pp | |
| 4.103 % | -0.016 pp | |
| 4.119 % | +0.025 pp | |
| 4.094 % | +0.002 pp | |
| 4.092 % | -0.055 pp | |
| 4.147 % | +0.036 pp | |
| 4.111 % | +0.023 pp | |
| 4.088 % | +0.006 pp | |
| 4.082 % | +0.036 pp | |
| 4.046 % | +0.026 pp | |
| 4.020 % | +0.055 pp | |
| 3.965 % | +0.021 pp | |
| 3.944 % | +0.002 pp | |
| 3.942 % | +0.004 pp | |
| 3.938 % | +0.010 pp | |
| 3.928 % | -0.008 pp | |
| 3.936 % | +0.013 pp | |
| 3.923 % | +0.009 pp | |
| 3.914 % | +0.030 pp | |
| 3.884 % | +0.009 pp | |
| 3.875 % | 0.000 pp | |
| 3.875 % | – |
Source: official ECB / Eurosystem data. Published with a 24-hour delay.
Frequently asked questions
What is the 12-month Euribor average for June 2023?
4.007 %, computed from 22 daily fixings. The ECB's official monthly average is 4.007 %.
My mortgage revises with the June average – what rate applies?
Reference 4.007 % plus your contractual spread; with a 1 pp spread the new rate is 5.01 %. 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