This page provides monthly data & forecasts of the Euro Interbank Offered Rate (EURIBOR), the unsecured euro-denominated short-term lending rate quoted by a panel of leading European banks. The 3-month EURIBOR is the most widely referenced tenor and underpins trillions of euros in floating-rate mortgages, corporate loans, and derivative contracts across the euro area.

Because EURIBOR reflects both a term component and banks' credit risk, it typically fixes above overnight near-risk-free benchmarks such as €STR. Movements in EURIBOR therefore embed expectations of European Central Bank policy as well as evolving perceptions of banking-sector funding conditions.

Historical data and forecasted values on this page represent monthly averages of daily fixings.

Our market consensus forecast is refreshed each trading day using settlement prices for ICE 3-Month EURIBOR futures, the euro sovereign yield curve, and €STR futures data. A minimal term-premium adjustment isolates the forward policy and credit expectations embedded in futures pricing, so the resulting path can be interpreted as the median view of informed market participants.

Although the model prioritizes consistency with real-time market pricing, its high-frequency updates have produced smaller forecast errors than slower-moving survey and institutional projections. Archived forecast vintages are available below for usage.

The EURIBOR forecast is published daily at 9:35 ET (13:35/14:35 UTC) using settlement data from the previous trading session.