Portugal

Euribor rises to three months and falls to six and 12 months

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 06/10/2026, 10:11:24 UTC.

Briefings

Euribor rates fell at six and twelve-month intervals while the three-month rate rose, reflecting a shift in interbank lending conditions. The six-month rate dropped to 2.954% from 3.086%, and the twelve-month rate fell to 3.177% from 3.284%, both below the previous week's levels. The three-month rate increased to 2.602% from 2.597%. These movements occurred against the backdrop of the European Central Bank raising benchmark rates by 25 basis points in September, a move that had not been seen since September 2023.

Key points

• The six-month Euribor rate decreased to 2.954% from 3.086%, representing a drop of 0.032 percentage points.
• The twelve-month Euribor rate decreased to 3.177% from 3.284%, representing a drop of 0.009 percentage points.

Context

Euribor rates are determined by the average interest rates at which 21 Eurozone banks agree to lend to each other in the interbank market. The findings are significant as they show a divergence between short-term and long-term borrowing costs, potentially indicating a shift in market liquidity or risk perception.

Limitations

Data sources are limited to the Banco de Portugal and European Central Bank reports. The evidence covers only the period from September 10 to October 6, 2026, and does not include future forecasts or broader economic context beyond the central bank's actions.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 19/10/2026, 18:07:20 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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