The long Euribor was slightly above zero yesterday

The 12-month Euribor, which is widely used as the reference rate for mortgages, rose to +0.005 per cent on Tuesday, or 0.035 percentage points from Monday. The interest rate was on the plus side for the first time in six years.

The six-month Euribor was quoted at -0.32 per cent, compared to -0.334 per cent on Monday. The three-month Euribor rose to -0.433 per cent from Monday’s -0.435 per cent.

Euribor rates are published with a one-day delay.

By Editor

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