6-month Euribor – July 2023

Average · complete
3.942 %
vs previous month
up +0.117 pp
Low / High
3.888 % / 3.972 %
First → Last
3.913 % → 3.929 %
ECB avg
3.942 %

The average 6-month Euribor for July 2023 is 3.942 %, computed from 21 daily fixings (complete). The month opened at 3.913 %, closed at 3.929 %, with a low of 3.888 % and a high of 3.972 %. Versus June 2023 the average is up +0.117 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 6-month Euribor plus 1 pp would pay 4.94 % 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?

3.942 % + 1.00 pp = 4.94 %
Monthly payment
€985
At the previous revision (3.825 %)
€976
+€10 / month

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

July 2023

6-month Euribor July 2023: average 3.942 %3.903.923.953.980310172431

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

Date

DateRateChange
3.929 %-0.029 pp
3.958 %-0.014 pp
3.972 %+0.020 pp
3.952 %-0.014 pp
3.966 %-0.006 pp
3.972 %0.000 pp
3.972 %+0.020 pp
3.952 %+0.015 pp
3.937 %-0.025 pp
3.962 %0.000 pp
3.962 %+0.021 pp
3.941 %-0.004 pp
3.945 %-0.010 pp
3.955 %+0.015 pp
3.940 %+0.009 pp
3.931 %-0.014 pp
3.945 %+0.040 pp
3.905 %+0.010 pp
3.895 %+0.007 pp
3.888 %-0.025 pp
3.913 %

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

Frequently asked questions

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

3.942 %, computed from 21 daily fixings. The ECB's official monthly average is 3.942 %.

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

Reference 3.942 % plus your contractual spread; with a 1 pp spread the new rate is 4.94 %. 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