Historical high for Euribor- but for how long?
Summary The ECB has raised its official Depo rate to a historical high of 4.0% This is expected to be the terminal rate but is data dependent The focus has now shifted to how long rates will remain at this level At this stage of the rates cycle, a more nuanced approach to hedging is […]
Euribor 3-month rate set to increase further
Euribor 3 month and Euribor Swap Rates Continue to Climb The European Central Bank (ECB) has raised interest rates by 425 basis points since last summer to 3.75%, the highest level since 2009. The 3-month rate, which influences the pricing of variable rate loans, is at 3.701% – the last time it was at this […]