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The Euribor rises again to new highs at three, six and 12 months

The Euribor rates rose again this Tuesday to three, six and 12 months to new maximums in more than 10 years.

The six-month Euribor interest rate, the most used in Portugal for housing loans and which entered positive territory on June 6, advanced this Tuesday to 1.851%, plus 0.048 points and a maximum since March 2009.

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).

The three-month Euribor, which entered positive on July 14 for the first time since April 2015, continued this Tuesday, for the 13th consecutive session, to advance, when set at 1.228%, plus 0.060 points and a new high since January 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.

Within 12 months, the Euribor also advanced this Tuesday, for the 13th consecutive session, when set to 2.625%, plus 0.062 points and a new high since February 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

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