EURIBOR is the European Inter Bank Offered Rate - the base interest rate set by the European Central Bank. It is the European equivalent of the Bank of England Base Rate. Any mortgage lender offering Euro mortgages will base their rates (both variable and fixed) on EURIBOR.
( Eur opean nter- ank ffered ate) An index based on the interest rate for deposits in Euros at 12 months that is published by the European Central Bank and commonly used as reference rate for variable rate mortgages.
EUropean InterBank Offered Rate.
Interbank lending rate for banks in the Euro zone, fixing of the cost of borrowing in euros.
European Inter-Bank Offered Rate, an index based on the interest rate for deposits in Euros at 12 months that is published by the European Central Bank and commonly used as reference rate for variable rate mortgages.
Average interest rate at which the largest European finance companies in the monetary market lend money.
Euro inter-bank offered rate: the interest rate on euro floating rate instruments
A rate used for Euro interest rate fixings based upon dealings in the markets of Euro zone.
Euribor (Euro Interbank Offered Rate) is a daily reference rate based on the averaged interest rates at which banks offer to lend unsecured funds to other banks in the euro wholesale money market (or interbank market).