3-month Euribor – May 2024
The average 3-month Euribor for May 2024 is 3.813 %, computed from 23 daily fixings (complete). The month opened at 3.825 %, closed at 3.785 %, with a low of 3.785 % and a high of 3.853 %. Versus April 2024 the average is down -0.072 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 4.81 % 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 2024
Source: Bank of Finland. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 3.785 % | -0.003 pp | |
| 3.788 % | -0.006 pp | |
| 3.794 % | +0.009 pp | |
| 3.785 % | -0.015 pp | |
| 3.800 % | -0.008 pp | |
| 3.808 % | +0.007 pp | |
| 3.801 % | -0.018 pp | |
| 3.819 % | -0.004 pp | |
| 3.823 % | +0.001 pp | |
| 3.822 % | -0.008 pp | |
| 3.830 % | +0.004 pp | |
| 3.826 % | +0.010 pp | |
| 3.816 % | -0.008 pp | |
| 3.824 % | -0.004 pp | |
| 3.828 % | +0.010 pp | |
| 3.818 % | +0.012 pp | |
| 3.806 % | -0.008 pp | |
| 3.814 % | +0.026 pp | |
| 3.788 % | -0.036 pp | |
| 3.824 % | -0.003 pp | |
| 3.827 % | -0.026 pp | |
| 3.853 % | +0.028 pp | |
| 3.825 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 3-month Euribor average for May 2024?
3.813 %, computed from 23 daily fixings. The ECB's official monthly average is 3.813 %.
My mortgage revises with the May average – what rate applies?
Reference 3.813 % plus your contractual spread; with a 1 pp spread the new rate is 4.81 %. 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