6-month Euribor – January 2023

Average · complete
2.858 %
vs previous month
up +0.298 pp
Low / High
2.732 % / 2.988 %
First → Last
2.732 % → 2.988 %
ECB avg
2.858 %

The average 6-month Euribor for January 2023 is 2.858 %, computed from 22 daily fixings (complete). The month opened at 2.732 %, closed at 2.988 %, with a low of 2.732 % and a high of 2.988 %. Versus December 2022 the average is up +0.298 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 6-month Euribor plus 1 pp would pay 3.86 % 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?

2.858 % + 1.00 pp = 3.86 %
Monthly payment
€898
At the previous revision (2.560 %)
€875
+€23 / month

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

January 2023

6-month Euribor January 2023: average 2.858 %2.802.903.000209162330

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

Date

DateRateChange
2.988 %+0.029 pp
2.959 %+0.017 pp
2.942 %+0.020 pp
2.922 %-0.006 pp
2.928 %+0.006 pp
2.922 %+0.005 pp
2.917 %+0.022 pp
2.895 %+0.038 pp
2.857 %+0.025 pp
2.832 %-0.046 pp
2.878 %+0.035 pp
2.843 %-0.033 pp
2.876 %+0.058 pp
2.818 %-0.040 pp
2.858 %+0.038 pp
2.820 %+0.011 pp
2.809 %+0.004 pp
2.805 %+0.033 pp
2.772 %+0.011 pp
2.761 %+0.022 pp
2.739 %+0.007 pp
2.732 %

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

Frequently asked questions

What is the 6-month Euribor average for January 2023?

2.858 %, computed from 22 daily fixings. The ECB's official monthly average is 2.858 %.

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

Reference 2.858 % plus your contractual spread; with a 1 pp spread the new rate is 3.86 %. 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