3-month Euribor – June 2023

Average · complete
3.536 %
vs previous month
up +0.164 pp
Low / High
3.459 % / 3.610 %
First → Last
3.462 % → 3.577 %
ECB avg
3.536 %

The average 3-month Euribor for June 2023 is 3.536 %, computed from 22 daily fixings (complete). The month opened at 3.462 %, closed at 3.577 %, with a low of 3.459 % and a high of 3.610 %. Versus May 2023 the average is up +0.164 pp.

Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in June on the 3-month Euribor plus 1 pp would pay 4.54 % 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?

3.536 % + 1.00 pp = 4.54 %
Monthly payment
€952
At the previous revision (3.372 %)
€939
+€13 / month

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

June 2023

3-month Euribor June 2023: average 3.536 %3.453.503.553.600108152229

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

Date

DateRateChange
3.577 %-0.010 pp
3.587 %-0.011 pp
3.598 %+0.044 pp
3.554 %-0.023 pp
3.577 %-0.033 pp
3.610 %+0.010 pp
3.600 %+0.032 pp
3.568 %-0.019 pp
3.587 %+0.036 pp
3.551 %-0.021 pp
3.572 %+0.025 pp
3.547 %+0.025 pp
3.522 %-0.004 pp
3.526 %+0.048 pp
3.478 %+0.009 pp
3.469 %-0.017 pp
3.486 %+0.027 pp
3.459 %-0.017 pp
3.476 %-0.017 pp
3.493 %+0.003 pp
3.490 %+0.028 pp
3.462 %

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

Frequently asked questions

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

3.536 %, computed from 22 daily fixings. The ECB's official monthly average is 3.536 %.

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

Reference 3.536 % plus your contractual spread; with a 1 pp spread the new rate is 4.54 %. 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