12-month Euribor – May 2026
The average 12-month Euribor for May 2026 is 2.803 %, computed from 19 daily fixings (complete). The month opened at 2.883 %, closed at 2.804 %, with a low of 2.708 % and a high of 2.883 %. Versus April 2026 the average is up +0.057 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 3.80 % 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.
May 2026
Source: Bank of Finland. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 2.804 % | +0.043 pp | |
| 2.761 % | +0.019 pp | |
| 2.742 % | +0.020 pp | |
| 2.722 % | -0.060 pp | |
| 2.782 % | +0.002 pp | |
| 2.780 % | -0.048 pp | |
| 2.828 % | +0.003 pp | |
| 2.825 % | -0.023 pp | |
| 2.848 % | +0.018 pp | |
| 2.830 % | +0.015 pp | |
| 2.815 % | -0.045 pp | |
| 2.860 % | +0.062 pp | |
| 2.798 % | +0.020 pp | |
| 2.778 % | +0.070 pp | |
| 2.708 % | -0.087 pp | |
| 2.795 % | -0.072 pp | |
| 2.867 % | +0.030 pp | |
| 2.837 % | -0.046 pp | |
| 2.883 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 12-month Euribor average for May 2026?
2.803 %, computed from 19 daily fixings. The ECB's official monthly average is 2.804 %.
My mortgage revises with the May average – what rate applies?
Reference 2.803 % plus your contractual spread; with a 1 pp spread the new rate is 3.80 %. 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