6-month Euribor – May 2023
The average 6-month Euribor for May 2023 is 3.682 %, computed from 22 daily fixings (complete). The month opened at 3.622 %, closed at 3.746 %, with a low of 3.575 % and a high of 3.781 %. Versus April 2023 the average is up +0.166 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 6-month Euribor plus 1 pp would pay 4.68 % for the coming period.
Every number on this page is an official published fixing, not an estimate: daily values are the Euribor fixings as published in the ECB / Eurosystem's official statistics, monthly averages are the arithmetic mean of those fixings and are cross-checked against the ECB Data Portal, and the tables are refreshed every 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 2023
Source: official ECB / Eurosystem data. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 3.746 % | -0.024 pp | |
| 3.770 % | -0.011 pp | |
| 3.781 % | +0.021 pp | |
| 3.760 % | -0.009 pp | |
| 3.769 % | +0.025 pp | |
| 3.744 % | +0.012 pp | |
| 3.732 % | +0.018 pp | |
| 3.714 % | +0.007 pp | |
| 3.707 % | +0.020 pp | |
| 3.687 % | +0.016 pp | |
| 3.671 % | +0.013 pp | |
| 3.658 % | -0.005 pp | |
| 3.663 % | +0.025 pp | |
| 3.638 % | +0.009 pp | |
| 3.629 % | +0.004 pp | |
| 3.625 % | +0.017 pp | |
| 3.608 % | +0.003 pp | |
| 3.605 % | +0.030 pp | |
| 3.575 % | -0.076 pp | |
| 3.651 % | +0.007 pp | |
| 3.644 % | +0.022 pp | |
| 3.622 % | – |
Source: official ECB / Eurosystem data. Published with a 24-hour delay.
Frequently asked questions
What is the 6-month Euribor average for May 2023?
3.682 %, computed from 22 daily fixings. The ECB's official monthly average is 3.682 %.
My mortgage revises with the May average – what rate applies?
Reference 3.682 % plus your contractual spread; with a 1 pp spread the new rate is 4.68 %. Check whether your contract uses the previous month or the month before that.
Source: official ECB / Eurosystem data. Published with a 24-hour delay. 07/09/2026