European stocks fall for the fifth day. Volatile Oil and Rising Interest Rates – The Markets in a Minute

Euribor rates rise at 3 and 6 months and fall at 12 months

Euribor rates rose on Thursday to three and six months and fell to 12 months compared to Wednesday.

The 6-month Euribor rate, the most used in Portugal for mortgages and which entered positive territory on June 6, rose today to 2.456%, plus 0.014 points, reaching a new high.

The 6-month Euribor average fell from 1.997% in October to 2.321% in November. The 6-month Euribor was negative for 6 years and 7 months (between November 6, 2015 and June 3, 2022).

The 3-month Euribor, which entered positive territory on July 14 for the first time since April 2015, also rose today, standing at 1.990%, 0.013 points higher than Wednesday, when it rose. at 1.993%, a new high since February 2009.

The 3-month Euribor rate was negative between April 21, 2015 and July 13 (seven years and two months). The three-month Euribor average rose from 1.428% in October to 1.825% in November.

In 12 months, the Euribor fell today, settling at 2.858%, or 0.006 points less than Wednesday, against 2.892% on November 28 and 29, a maximum since January 2009.

After rising to 0.005% on April 12, for the first time positive since February 5, 2016, the 12-month Euribor has been in positive territory since April 21. The average 12-month Euribor fell from 2.629% in October to 2.828% in November.

Portuguese

Alaric Cohen

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