Euribor - historical chart and trends

Nov 12, 2007 3 Replies
F

Hello,



I am about to take a mortgage loan with EURIBOR. I am trying to choose between a 5-year fixed interest rate and a 3/6/12-month EURIBOR. All are about the same now, the 5-year fixed one a bit smaller.



Which would you choose? What is the most likely trend for EURIBOR during the next 5 years according to the majority of experts?



Also, are there any long-term historical EURIBOR charts available online? I know

formatting link
and
formatting link
which are quite OK, but I'd like to see a chart as of 1995 or so.



Thank you!



Vote
Twitter Facebook LinkedIn
T

Umm... EURIBOR is the interest rate set for the Euro, right? The Euro has only existed since 1st January 1999. The euribor.org page you linked to has data right back to 2 days before the Euro was introduced, 30th December

1998.

Presumably before this something could be calculated from the rates of each of the Eurozone central banks, but it might have too many variables to be useful.

Or am I missing something obvious here?

Theo

Vote
Twitter Facebook LinkedIn
F

Thanks, Theo. All I can say to myself about the dates is DOH! :)

Anyway, the question about the most likely trends of EURIBOR remains...

Vote
Twitter Facebook LinkedIn
J

I guess you would use the DM rate before that, as all the currencies were tied to the DM before the Euro came into existence.

Vote
Twitter Facebook LinkedIn

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required