12-month Euribor – October 2024
The average 12-month Euribor for October 2024 is 2.691 %, computed from 23 daily fixings (complete). The month opened at 2.749 %, closed at 2.547 %, with a low of 2.547 % and a high of 2.822 %. Versus September 2024 the average is down -0.245 pp.
Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in October on the 12-month Euribor plus 1 pp would pay 3.69 % for the coming period.
Every number on this page is a published fixing, not an estimate: daily values come from the Bank of Finland's copy of the Euribor series, monthly averages are the arithmetic mean of those fixings and are cross-checked against the ECB Data Portal, and the tables are rebuilt each 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.
October 2024
Source: Bank of Finland. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 2.547 % | -0.001 pp | |
| 2.548 % | -0.029 pp | |
| 2.577 % | -0.003 pp | |
| 2.580 % | +0.015 pp | |
| 2.565 % | -0.049 pp | |
| 2.614 % | -0.060 pp | |
| 2.674 % | +0.052 pp | |
| 2.622 % | -0.008 pp | |
| 2.630 % | -0.079 pp | |
| 2.709 % | -0.008 pp | |
| 2.717 % | -0.026 pp | |
| 2.743 % | -0.023 pp | |
| 2.766 % | -0.033 pp | |
| 2.799 % | -0.023 pp | |
| 2.822 % | +0.031 pp | |
| 2.791 % | -0.001 pp | |
| 2.792 % | -0.006 pp | |
| 2.798 % | +0.086 pp | |
| 2.712 % | +0.024 pp | |
| 2.688 % | -0.024 pp | |
| 2.712 % | -0.033 pp | |
| 2.745 % | -0.004 pp | |
| 2.749 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 12-month Euribor average for October 2024?
2.691 %, computed from 23 daily fixings. The ECB's official monthly average is 2.691 %.
My mortgage revises with the October average – what rate applies?
Reference 2.691 % plus your contractual spread; with a 1 pp spread the new rate is 3.69 %. Check whether your contract uses the previous month or the month before that.
Source: Bank of Finland (daily fixings), ECB Data Portal (monthly averages). Published with a 24-hour delay. 07/09/2026