The Euribor rate fell this Tuesday for the three, six, and 12-month terms compared to Monday, but ends March with the monthly average rising significantly across all three periods. With these changes, the three-month rate, which retreated to 2.079%, remained below the six-month (2.475%) and 12-month (2.870%) rates.
Euribor rate falls today but March average soars across all three terms
Tuesday, 31 March 2026RSS
Context & Explainers
Euribor (Euro Interbank Offered Rate) is the benchmark interest rate at which European banks lend to one another and is widely used as the reference for variable‑rate mortgages in Portugal. Changes affect monthly payments directly: the recent figures reported were 2.034% (3‑month), 2.104% (6‑month) and 2.255% (12‑month), so a rising Euribor typically increases costs for borrowers with tracker or variable loans.
