{"id":2502,"date":"2015-04-02T07:25:56","date_gmt":"2015-04-02T05:25:56","guid":{"rendered":"https:\/\/www.alting.com\/euribor-hits-new-low-in-march\/"},"modified":"2026-01-28T14:04:42","modified_gmt":"2026-01-28T13:04:42","slug":"euribor-hits-new-low-in-march","status":"publish","type":"post","link":"https:\/\/www.alting.com\/en\/euribor-hits-new-low-in-march\/","title":{"rendered":"Euribor hits new low in March"},"content":{"rendered":"

Barcelona, April 2 2015.- The Bank of Spain<\/strong><\/a> has confirmed a new low for the Euribor in March: 0.212%.<\/strong> The reference rate for most Spanish mortgages has fallen 0.365 points over the past twelve months.<\/p>\n

Furthermore, the Mibor<\/strong>, which is the official inter-bank reference rate used in the mortgage market prior to 1 January 2000, also dropped in February, to 0.212%.<\/strong> The Bank of Spain confirmed these figures, adding that these reference rates are valid from the time they are published in the Spanish Official State Bulletin (Bolet\u00edn Oficial del Estado – BOE), which is usually a few days after it is announced by the supervisor.<\/p>\n

Therefore, a mortgage set up a year ago for a total of 100,000 euros to be paid back over 25 years will see monthly payments drop from 358.03 to 342.27 euros, nearly 16 euros less per month or a savings of 190 euros for the year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Barcelona, April 2 2015.- The Bank of Spain has confirmed a new low for the Euribor in March: 0.212%. 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