3-month Euribor – March 2023
The average 3-month Euribor for March 2023 is 2.911 %, computed from 23 daily fixings (complete). The month opened at 2.783 %, closed at 3.038 %, with a low of 2.646 % and a high of 3.052 %. Versus February 2023 the average is up +0.270 pp.
Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in March on the 3-month Euribor plus 1 pp would pay 3.91 % 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.
March 2023
Source: Bank of Finland. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 3.038 % | -0.014 pp | |
| 3.052 % | +0.037 pp | |
| 3.015 % | +0.025 pp | |
| 2.990 % | -0.022 pp | |
| 3.012 % | -0.013 pp | |
| 3.025 % | +0.035 pp | |
| 2.990 % | -0.012 pp | |
| 3.002 % | +0.094 pp | |
| 2.908 % | +0.016 pp | |
| 2.892 % | +0.142 pp | |
| 2.750 % | +0.104 pp | |
| 2.646 % | -0.169 pp | |
| 2.815 % | +0.062 pp | |
| 2.753 % | -0.204 pp | |
| 2.957 % | -0.021 pp | |
| 2.978 % | +0.030 pp | |
| 2.948 % | +0.004 pp | |
| 2.944 % | +0.024 pp | |
| 2.920 % | +0.045 pp | |
| 2.875 % | +0.026 pp | |
| 2.849 % | +0.048 pp | |
| 2.801 % | +0.018 pp | |
| 2.783 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 3-month Euribor average for March 2023?
2.911 %, computed from 23 daily fixings. The ECB's official monthly average is 2.911 %.
My mortgage revises with the March average – what rate applies?
Reference 2.911 % plus your contractual spread; with a 1 pp spread the new rate is 3.91 %. 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