Banco de España reports the 12‑month EURIBOR rose to 2.804% in May, up 0.723 basis points from the same month last year. The EURIBOR, the benchmark rate for mortgage loans in the eurozone, reflects borrowing costs for banks and influences consumer mortgage rates. The figure, released on June 1, 2026, shows a modest increase relative to May 2025. The rise indicates a slight tightening in the eurozone credit market, though the change remains small. The Bank of Spain continues to monitor the rate as part of its broader oversight of monetary conditions. The data is part of the Bank’s monthly statistical bulletin, which provides updated indicators on the euro area’s financial market.
© Banco de España 2009.
Summary adapted from material on the Banco de España website (https://www.bde.es ).
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