3-month Euribor – July 2023
The average 3-month Euribor for July 2023 is 3.672 %, computed from 21 daily fixings (complete). The month opened at 3.597 %, closed at 3.715 %, with a low of 3.589 % and a high of 3.725 %. Versus June 2023 the average is up +0.136 pp.
Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in July on the 3-month Euribor plus 1 pp would pay 4.67 % 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.
July 2023
Source: Bank of Finland. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 3.715 % | -0.010 pp | |
| 3.725 % | +0.011 pp | |
| 3.714 % | 0.000 pp | |
| 3.714 % | +0.009 pp | |
| 3.705 % | -0.011 pp | |
| 3.716 % | -0.005 pp | |
| 3.721 % | +0.023 pp | |
| 3.698 % | +0.052 pp | |
| 3.646 % | -0.059 pp | |
| 3.705 % | +0.020 pp | |
| 3.685 % | +0.025 pp | |
| 3.660 % | -0.003 pp | |
| 3.663 % | +0.006 pp | |
| 3.657 % | -0.015 pp | |
| 3.672 % | +0.011 pp | |
| 3.661 % | +0.021 pp | |
| 3.640 % | +0.028 pp | |
| 3.612 % | +0.023 pp | |
| 3.589 % | -0.024 pp | |
| 3.613 % | +0.016 pp | |
| 3.597 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 3-month Euribor average for July 2023?
3.672 %, computed from 21 daily fixings. The ECB's official monthly average is 3.672 %.
My mortgage revises with the July average – what rate applies?
Reference 3.672 % plus your contractual spread; with a 1 pp spread the new rate is 4.67 %. 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