3-month Euribor – February 2023

Average · complete
2.640 %
vs previous month
up +0.295 pp
Low / High
2.483 % / 2.744 %
First → Last
2.483 % → 2.744 %
ECB avg
2.640 %

The average 3-month Euribor for February 2023 is 2.640 %, computed from 20 daily fixings (complete). The month opened at 2.483 %, closed at 2.744 %, with a low of 2.483 % and a high of 2.744 %. Versus January 2023 the average is up +0.295 pp.

Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in February on the 3-month Euribor plus 1 pp would pay 3.64 % 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?

2.640 % + 1.00 pp = 3.64 %
Monthly payment
€881
At the previous revision (2.345 %)
€858
+€23 / month

Annuity formula; assumes the rate applies for the whole remaining term. Your bank may round or use a different convention.

February 2023

3-month Euribor February 2023: average 2.640 %2.502.602.7001081522

Source: Bank of Finland. Published with a 24-hour delay.

Date

DateRateChange
2.744 %+0.028 pp
2.716 %+0.018 pp
2.698 %+0.005 pp
2.693 %+0.010 pp
2.683 %+0.001 pp
2.682 %+0.028 pp
2.654 %-0.013 pp
2.667 %-0.036 pp
2.703 %+0.021 pp
2.682 %+0.022 pp
2.660 %+0.006 pp
2.654 %+0.033 pp
2.621 %+0.014 pp
2.607 %-0.001 pp
2.608 %+0.006 pp
2.602 %+0.037 pp
2.565 %+0.020 pp
2.545 %+0.005 pp
2.540 %+0.057 pp
2.483 %

Source: Bank of Finland. Published with a 24-hour delay.

Frequently asked questions

What is the 3-month Euribor average for February 2023?

2.640 %, computed from 20 daily fixings. The ECB's official monthly average is 2.640 %.

My mortgage revises with the February average – what rate applies?

Reference 2.640 % plus your contractual spread; with a 1 pp spread the new rate is 3.64 %. 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