Spain 
Italy 
Greece 
Euribor Rates Rise at Three Months and Fall at Six and 12 Months
26 May 2021 – Ana Custódio
The three-month Euribor rose today, while the 6- and 12-month rates fell from the day before.
The six-month Euribor rate, most used in Portugal for mortgages, fell today to -0.507%, down 0.002 points, versus the current minimum, -0.534%, which occurred on January 28, reports the newspaper Notícias ao Minuto.
The 12-month rate also fell to -0.480%, down 0.004 points, against the current minimum of -0.515% of February 2.
On the other hand, the three-month Euribor rose to -0.537%, up 0.001 points, versus a low of -0.556% on January 6.
The three, six, and 12-month Euribor rates entered negative territory in 2015, on April 21, November 6, and February 5, respectively.
Changes in Euribor interest rates are closely linked to increases or decreases in the key interest rates of the European Central Bank’s benchmark interest rates.
Euribor is the average of the rates at which a group of 57 banks in the Eurozone are willing to lend money to each other on the interbank market.
Translation: Richard D. K. Turner