The Euribor rates continued this Tuesday, for the eighth consecutive session, rising to three, six and 12 months to new maximums in more than 10 years.
The Euribor has been rising since, on September 8, the ECB raised the three official interest rates by 75 basis points, the second consecutive increase this year, since on July 21 all three rates had risen 50 basis points, the first. increase in 11 years, with the aim of curbing inflation.
THE six-month Euribor ratethe most used in Portugal in mortgage loans and that entered positive territory on June 6, advanced this Tuesday, to 1,740%0.003 points more than Monday and a new maximum since December 2011.
The six-month Euribor went from 0.466% in July to 0.837% in August.
The six-month Euribor was negative for six years and seven months (between November 6, 2015 and June 3, 2022).
In the same way, the three-month Euriborwhich entered positive territory on July 14 for the first time since April 2015, rose on Tuesday, when set to 1.100%plus 0.034 points and a new high since February 2012.
The three-month Euribor was negative between April 21, 2015 and July 13, 2015 (seven years and two months).
The three-month Euribor went from 0.037% in July to 0.395% in August.
In the period of 12 months, the Euribor also advanced this Tuesday, when set to 2.338%plus 0.043 points and a new high since January 2009.
After shooting up to 0.005% on April 12, positive for the first time since February 5, 2016, the 12-month Euribor has been in positive territory since April 21.
The 12-month Euribor went from 0.992% in July to 1.249% in August.
Source: Observadora
