Germany EURIBOR: Month Avg: 3 months data was reported at 2.525 % pa in Feb 2025. This records a decrease from the previous number of 2.704 % pa for Jan 2025. Germany EURIBOR: Month Avg: 3 months data is updated monthly, averaging 1.460 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 5.110 % pa in Oct 2008 and a record low of -0.580 % pa in Dec 2021. Germany EURIBOR: Month Avg: 3 months data remains active status in CEIC and is reported by European Money Markets Institute. The data is categorized under Global Database’s Germany – Table DE.M002: Euro Overnight Index Average: European Money Markets Institute.

The annual average Euribor (Euro Interbank Offered Rate) twelve month interest rate in the Eurozone decreased overall between 2000 and 2021, reaching a value of negative 0.49 percent as of 2021. The highest Euribor twelve month interest rate was found in 2008, when an interest rate of 4.81 percent was recorded.

The annual average Euribor (Euro Interbank Offered Rate) three month interest rate decreased overall between 2000 and 2021 in the Eurozone, reaching a value of negative 0.55 percent as of 2021. The highest Euribor three month interest rate was found in 2008, when an interest rate of 4.63 percent was recorded.

The annual average Euribor (Euro Interbank Offered Rate) six month interest rate decreased overall between 2000 and 2021 in the Eurozone, reaching a value of negative 0.52 percent as of 2021. The highest Euribor six month interest rate was found in 2008, when an interest rate of 4.72 percent was recorded.

Interbank Rate In the Euro Area decreased to 2.37 percent on Monday March 24 from 2.39 in the previous day. This dataset provides - Euro Area Three Month nterbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The annual average Euribor (Euro Interbank Offered Rate) one month interest rate decreased overall between 2000 and 2021 in the Eurozone, reaching a value of negative 0.56 percent as of 2021. The largest Euribor one month interest rate was found in 2001, when an interest rate of 4.33 percent was recorded.

Since its introduction in October 2019, the Euro Short-Term Rate (€STR) has remained constant at between -0.51 and -0.59 percent until the second half 2022. Since then, it increased, peaking at 3.9 between the end of 2023 and the beginning of 2024. As of January 2025, the rate stood at 2.92 percent. The €STR is an interest rate benchmark designed to replace the Euro OverNight Index Average (EOIA), adopting a different calculation methodology that returns significantly lower rates. It is intended that the EOIA will be discontinued from January 3, 2022. How is the Euro Short-Term Rate calculated? The €STR uses transaction data included in daily reporting on monetary exchanges from the 52 largest eurozone banks to calculate the average interests rate attached to loans throughout a business day. Only unsecured loans are included, as the rate on secured loans would be affected by the type of underlying collateral. Several key respects distinguish the €STR from alternative benchmarks like the EOIA, and the London Intrabank Offered Rate (LIBOR). First, the €STR is based on transaction data alone, whereas the LIBOR asking major banks directly what rate they would charge other banks for short terms loans. The second main difference is that, by considering money market transactions rather than only intrabank lending (like the EOIA and LIBOR), the €STR incorporates the role of other major actors like money market funds, insurance companies, and other financial corporations. Difference between €STR and EURIBOR The Euro Interbank Offered Rate (EURIBOR) is the other main reference interest rate governing eurozone lending. The EURIBOR differs from €STR though as it is based on a survey of the interest rates a panel of major banks would offer other major banks for interbank term deposits. There are therefore different reference rates published for different maturities, for example the EURIBOR one month rate, the EURIBOR six month rate, and the EURIBOR 12 month rate. In contrast, the €STR is intended to track the cost of overnight borrowing.

Netherlands Money Market Rate: Term Loans: Euribor: 3 Months data was reported at -0.318 % pa in Oct 2018. This records an increase from the previous number of -0.319 % pa for Sep 2018. Netherlands Money Market Rate: Term Loans: Euribor: 3 Months data is updated monthly, averaging 2.060 % pa from Jan 1999 (Median) to Oct 2018, with 238 observations. The data reached an all-time high of 5.113 % pa in Oct 2008 and a record low of -0.330 % pa in Oct 2017. Netherlands Money Market Rate: Term Loans: Euribor: 3 Months data remains active status in CEIC and is reported by De Nederlandsche Bank. The data is categorized under Global Database’s Netherlands – Table NL.M004: Money Market Interest Rates.

Netherlands Money Market Rate: Term Loans: Euribor: 6 Months data was reported at -0.257 % pa in Nov 2018. This records an increase from the previous number of -0.264 % pa for Oct 2018. Netherlands Money Market Rate: Term Loans: Euribor: 6 Months data is updated monthly, averaging 2.061 % pa from Jan 1999 (Median) to Nov 2018, with 239 observations. The data reached an all-time high of 5.219 % pa in Sep 2008 and a record low of -0.275 % pa in Feb 2018. Netherlands Money Market Rate: Term Loans: Euribor: 6 Months data remains active status in CEIC and is reported by De Nederlandsche Bank. The data is categorized under Global Database’s Netherlands – Table NL.M004: Money Market Interest Rates.

Key information about European Union Policy Rate

• European Union cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025, compared with 3.15 % pa in the previous Jan 2025.
• EU Policy Rate averaged 1.25 % pa and is updated monthly, available from Jan 1999 to Feb 2025.
• The data reached an all-time high of 4.75 % pa in Apr 2001 and a record low of 0.00 % pa in Jun 2022.

Related information about European Union Policy Rate

• In the latest reports, EU Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• Its Long Term Interest Rate (Government Bond Yield: Monthly Average: Euro: 10 Years) was reported at 3.09 % pa in Jan 2025.
• EU Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.
• Its Real Effective Exchange Rate was 90.23 in Jan 2025.

In June 2024, the European Central Bank (ECB) began reducing its fixed interest rate for the first time since 2016, implementing a series of cuts. The rate decreased from 4.5 percent to 3.15 percent by year-end: a 0.25 percentage point cut in June, followed by additional reductions in September, October, and December. The central bank implemented another cut in early 2025, setting the rate at 2.9 percent. This marked a significant shift from the previous rate hike cycle, which began in July 2022 when the ECB raised rates to 0.5 percent and subsequently increased them almost monthly, reaching 4.5 percent by December 2023 - the highest level since the 2007-2008 global financial crisis. How does this ensure liquidity? Banks typically hold only a fraction of their capital in cash, measured by metrics like the Tier 1 capital ratio. Since this ratio is low, banks prefer to allocate most of their capital to revenue-generating loans. When their cash reserves fall too low, banks borrow from the ECB to cover short-term liquidity needs. On the other hand, commercial banks can also deposit excess funds with the ECB at a lower interest rate. Reasons for fluctuations
The ECB’s primary mandate is to maintain price stability. The Euro area inflation rate is, in theory, the key indicator guiding the ECB's actions. When the fixed interest rate is lower, commercial banks are more likely to borrow from the ECB, increasing the money supply and, in turn, driving inflation higher. When inflation rises, the ECB increases the fixed interest rate, which slows borrowing and helps to reduce inflation.

欧元银行同业拆放利率：月平均：一个月在02-01-2025达2.606年利率%，相较于01-01-2025的2.792年利率%有所下降。欧元银行同业拆放利率：月平均：一个月数据按月更新，01-01-1999至02-01-2025期间平均值为1.235年利率%，共314份观测结果。该数据的历史最高值出现于12-01-2000，达4.950年利率%，而历史最低值则出现于12-01-2021，为-0.600年利率%。CEIC提供的欧元银行同业拆放利率：月平均：一个月数据处于定期更新的状态，数据来源于European Money Market Institute，数据归类于全球数据库的德国 – Table DE.M002: Euro Overnight Index Average: European Money Markets Institute。

Key information about Spain Exchange Rate against USD

• Spain Exchange Rate against USD averaged 0.920 (USD/EUR) in May 2023, compared with 0.912 USD/EUR in the previous month.
• Spain Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 1.173 in Oct 2000 and a record low of 0.234 in Mar 1957.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Spain joined the Euro zone on January 1st, 1999 with fixed conversion rate of 1 EUR = 166.386 ESP. Exchange Rate against USD prior to January 1999 is re-calculated using the fixed conversion rate. Exchange Rate against USD prior to January 1973 is sourced from the International Monetary Fund.


Key information about Spain Exchange Rate against USD

• In the latest reports, Spain Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.573 % pa in Nov 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Spain: ECB Harmonised) was reported at 3.410 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 3.750 % pa in May 2023.

Key information about Ireland Exchange Rate against USD

• Ireland Exchange Rate against USD averaged 0.920 (USD/EUR) in May 2023, compared with 0.912 USD/EUR in the previous month.
• Ireland Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 1.347 in Feb 1985 and a record low of 0.453 in Nov 1967.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Ireland joined the Euro zone on January 1st, 1999 with fixed conversion rate of 1 EUR = 0.787564 IEP. Exchange Rate against USD prior to January 1999 is re-calculated using the fixed conversion rate. Exchange Rate against USD prior to January 1971 is sourced from the International Monetary Fund.


Key information about Ireland Exchange Rate against USD

• In the latest reports, Ireland Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at 1.724 % pa in Dec 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Ireland: ECB Harmonised) was reported at 2.790 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 3.750 % pa in May 2023.

Key information about France Long Term Interest Rate

• France Long Term Interest Rate: Month Avg: France: ECB Harmonised was reported at 3.15 % pa in Feb 2025, compared with 3.32 % pa in the previous month.
• France Long Term Interest Rate data is updated monthly, available from Jan 1986 to Feb 2025.
• The data reached an all-time high of 10.70 % pa in Oct 1987 and a record low of -0.34 % pa in Dec 2020.
• Long Term Interest Rate is reported by reported by CEIC Data.

The European Central Bank provides monthly Harmonised Long Term Interest Rate. The data reflects primary market yields.


Related information about France Long Term Interest Rate

• In the latest reports, France Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025.
• France Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.

Key information about Slovenia Exchange Rate against USD

• Slovenia Exchange Rate against USD averaged 0.920 (USD/EUR) in May 2023, compared with 0.912 USD/EUR in the previous month.
• Slovenia Exchange Rate against USD data is updated monthly, available from Nov 1991 to May 2023.
• The data reached an all-time high of 1.071 in Feb 2002 and a record low of 0.223 in Nov 1991.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Slovenia joined the Euro zone on January 1st, 2007 with fixed conversion rate of 1 EUR = 239.64 SIT. Data prior to January 2007 is re-calculated using the fixed conversion rate and is sourced from the International Monetary Fund.


Key information about Slovenia Exchange Rate against USD

• In the latest reports, Slovenia Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.573 % pa in Nov 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Slovenia: ECB Harmonised) was reported at 3.150 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 3.750 % pa in May 2023.

Over 2021 the most commonly traded interest rate derivatives on the London Stock Exchange were three month futures for British pounds, of varying expiration dates. This was followed by futures on the euro interbank offered rate (Euribor), and then futures on the Sterling Overnight Interbank Average Rate (SONIA).

Interest rate futures are essentially a contact that fixes the interest rate on a loan or deposit for a period of time in the future, which (in the case of this statistic) is then tradable on a stock exchange. The type of future relates the underlying reference interest rate (LIBOR in the case of Sterling futures, or Eurobor, or SONIA).

Key information about Slovakia Exchange Rate against USD

• Slovakia Exchange Rate against USD averaged 0.920 (USD/EUR) in May 2023, compared with 0.912 USD/EUR in the previous month.
• Slovakia Exchange Rate against USD data is updated monthly, available from Jan 1993 to May 2023.
• The data reached an all-time high of 1.691 in Oct 2000 and a record low of 0.638 in Jul 2008.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Slovakia joined the Euro zone on January 1st, 2009 with fixed conversion rate of 1 EUR = 30.126 SKK. Data prior to January 2009 is re-calculated using the fixed conversion rate and is sourced from the International Monetary Fund.


Key information about Slovakia Exchange Rate against USD

• In the latest reports, Slovakia Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.573 % pa in Nov 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Slovakia: ECB Harmonised) was reported at 3.590 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 3.750 % pa in May 2023.

Key information about Cyprus Exchange Rate against USD

• Cyprus Exchange Rate against USD averaged 0.923 (USD/EUR) in Jun 2023, compared with 0.920 USD/EUR in the previous month.
• Cyprus Exchange Rate against USD data is updated monthly, available from Jan 1957 to Jun 2023.
• The data reached an all-time high of 1.154 in Feb 1985 and a record low of 0.571 in Jul 1973.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Cyprus joined the Euro zone on January 1st, 2008 with fixed conversion rate of 1 EUR = 0.585274 CYP. Exchange Rate against USD prior to January 2008 is re-calculated using the fixed conversion rate and is sourced from the International Monetary Fund.


Key information about Cyprus Exchange Rate against USD

• In the latest reports, Cyprus Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.573 % pa in Nov 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Cyprus: ECB Harmonised) was reported at 3.970 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 4.000 % pa in Jun 2023.

Key information about Ireland Long Term Interest Rate

• Ireland Long Term Interest Rate: Month Avg: Ireland: ECB Harmonised was reported at 2.72 % pa in Feb 2025, compared with 2.79 % pa in the previous month.
• Ireland Long Term Interest Rate data is updated monthly, available from Jan 1993 to Feb 2025.
• The data reached an all-time high of 12.51 % pa in Jul 2011 and a record low of -0.29 % pa in Dec 2020.
• Long Term Interest Rate is reported by reported by CEIC Data.

The European Central Bank provides monthly Harmonised Long Term Interest Rate. The data reflects primary market yields.


Related information about Ireland Long Term Interest Rate

• In the latest reports, Ireland Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at 1.72 % pa in Dec 2021.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025.
• Ireland Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.