3-month Euribor – May 2022
The average 3-month Euribor for May 2022 is -0.386 %, computed from 22 daily fixings (complete). The month opened at -0.416 %, closed at -0.338 %, with a low of -0.427 % and a high of -0.338 %. Versus April 2022 the average is up +0.062 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 3-month Euribor plus 1 pp would pay 0.61 % 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 2022
Source: Bank of Finland. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| -0.338 % | +0.016 pp | |
| -0.354 % | +0.014 pp | |
| -0.368 % | -0.016 pp | |
| -0.352 % | -0.001 pp | |
| -0.351 % | +0.005 pp | |
| -0.356 % | +0.007 pp | |
| -0.363 % | -0.015 pp | |
| -0.348 % | 0.000 pp | |
| -0.348 % | +0.020 pp | |
| -0.368 % | +0.012 pp | |
| -0.380 % | +0.023 pp | |
| -0.403 % | 0.000 pp | |
| -0.403 % | +0.003 pp | |
| -0.406 % | +0.008 pp | |
| -0.414 % | +0.003 pp | |
| -0.417 % | -0.015 pp | |
| -0.402 % | +0.024 pp | |
| -0.426 % | -0.005 pp | |
| -0.421 % | +0.006 pp | |
| -0.427 % | -0.002 pp | |
| -0.425 % | -0.009 pp | |
| -0.416 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 3-month Euribor average for May 2022?
-0.386 %, computed from 22 daily fixings. The ECB's official monthly average is -0.386 %.
My mortgage revises with the May average – what rate applies?
Reference -0.386 % plus your contractual spread; with a 1 pp spread the new rate is 0.61 %. 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