12-month Euribor – July 2023
The average 12-month Euribor for July 2023 is 4.149 %, computed from 21 daily fixings (complete). The month opened at 4.145 %, closed at 4.064 %, with a low of 4.064 % and a high of 4.193 %. Versus June 2023 the average is up +0.142 pp.
Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in July on the 12-month Euribor plus 1 pp would pay 5.15 % 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.
July 2023
Source: official ECB / Eurosystem data. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 4.064 % | -0.047 pp | |
| 4.111 % | -0.029 pp | |
| 4.140 % | +0.026 pp | |
| 4.114 % | 0.000 pp | |
| 4.114 % | -0.044 pp | |
| 4.158 % | -0.004 pp | |
| 4.162 % | +0.021 pp | |
| 4.141 % | +0.020 pp | |
| 4.121 % | -0.039 pp | |
| 4.160 % | +0.010 pp | |
| 4.150 % | +0.016 pp | |
| 4.134 % | -0.040 pp | |
| 4.174 % | -0.017 pp | |
| 4.191 % | +0.007 pp | |
| 4.184 % | -0.006 pp | |
| 4.190 % | -0.003 pp | |
| 4.193 % | +0.038 pp | |
| 4.155 % | -0.010 pp | |
| 4.165 % | +0.001 pp | |
| 4.164 % | +0.019 pp | |
| 4.145 % | – |
Source: official ECB / Eurosystem data. Published with a 24-hour delay.
Frequently asked questions
What is the 12-month Euribor average for July 2023?
4.149 %, computed from 21 daily fixings. The ECB's official monthly average is 4.149 %.
My mortgage revises with the July average – what rate applies?
Reference 4.149 % plus your contractual spread; with a 1 pp spread the new rate is 5.15 %. 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