3-month Euribor – January 2025

Average · complete
2.704 %
vs previous month
down -0.120 pp
Low / High
2.589 % / 2.789 %
First → Last
2.736 % → 2.589 %
ECB avg
2.704 %

The average 3-month Euribor for January 2025 is 2.704 %, computed from 22 daily fixings (complete). The month opened at 2.736 %, closed at 2.589 %, with a low of 2.589 % and a high of 2.789 %. Versus December 2024 the average is down -0.120 pp.

Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in January on the 3-month Euribor plus 1 pp would pay 3.70 % 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?

2.704 % + 1.00 pp = 3.70 %
Monthly payment
€886
At the previous revision (2.825 %)
€895
-€9 / month

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

January 2025

3-month Euribor January 2025: average 2.704 %2.602.702.800209162330

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

Date

DateRateChange
2.589 %-0.017 pp
2.606 %-0.006 pp
2.612 %-0.003 pp
2.615 %-0.026 pp
2.641 %0.000 pp
2.641 %-0.032 pp
2.673 %+0.002 pp
2.671 %-0.010 pp
2.681 %+0.004 pp
2.677 %-0.027 pp
2.704 %-0.040 pp
2.744 %-0.004 pp
2.748 %-0.013 pp
2.761 %-0.024 pp
2.785 %+0.019 pp
2.766 %-0.023 pp
2.789 %+0.007 pp
2.782 %-0.003 pp
2.785 %+0.028 pp
2.757 %+0.026 pp
2.731 %-0.005 pp
2.736 %

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

Frequently asked questions

What is the 3-month Euribor average for January 2025?

2.704 %, computed from 22 daily fixings. The ECB's official monthly average is 2.704 %.

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

Reference 2.704 % plus your contractual spread; with a 1 pp spread the new rate is 3.70 %. 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