The three-month Euribor rate fell again, while the six-month and 12-month rates rose compared to Friday. Following Monday's changes, the three-month rate dropped to 2.204%, remaining below the six-month (2.416%) and 12-month (2.702%) rates. The six-month Euribor, which became the most commonly used rate for variable-rate mortgages in Portugal in January 2024, rose to 2.416%. Data from the Bank of Portugal for February shows the six-month Euribor accounted for 39.18% of the stock of variable-rate loans for permanent primary residences, while the 12-month and three-month rates accounted for 31.73% and 24.79%, respectively. The 12-month Euribor rose to 2.702%, while the three-month rate settled at 2.194%, marking its fourth consecutive decline. In March, the monthly average for all three terms increased. On March 19, the ECB maintained its key interest rates for the sixth consecutive meeting. The next ECB monetary policy meeting is scheduled for April 29 and 30 in Frankfurt.