6-month Euribor – August 2023

Average · complete
3.944 %
vs previous month
up +0.002 pp
Low / High
3.921 % / 3.987 %
First → Last
3.948 % → 3.987 %
ECB avg
3.944 %

The average 6-month Euribor for August 2023 is 3.944 %, computed from 23 daily fixings (complete). The month opened at 3.948 %, closed at 3.987 %, with a low of 3.921 % and a high of 3.987 %. Versus July 2023 the average is up +0.002 pp.

Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in August 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?

3.944 % + 1.00 pp = 4.94 %
Monthly payment
€985
At the previous revision (3.942 %)
€985
+€0 / month

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

August 2023

6-month Euribor August 2023: average 3.944 %3.923.943.963.980108152229

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

Date

DateRateChange
3.987 %+0.031 pp
3.956 %+0.012 pp
3.944 %0.000 pp
3.944 %+0.009 pp
3.935 %+0.003 pp
3.932 %-0.021 pp
3.953 %+0.002 pp
3.951 %+0.010 pp
3.941 %-0.003 pp
3.944 %+0.003 pp
3.941 %-0.023 pp
3.964 %+0.021 pp
3.943 %-0.014 pp
3.957 %+0.029 pp
3.928 %-0.009 pp
3.937 %+0.010 pp
3.927 %+0.006 pp
3.921 %-0.028 pp
3.949 %+0.009 pp
3.940 %+0.003 pp
3.937 %-0.007 pp
3.944 %-0.004 pp
3.948 %

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

Frequently asked questions

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

3.944 %, computed from 23 daily fixings. The ECB's official monthly average is 3.944 %.

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

Reference 3.944 % 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