The Bank of Spain has published Spain’s official reference rates for variable-rate mortgage loans for June 2026, showing the one-year Euribor at 2.798%. That was slightly below the 2.804% recorded in May, but 0.717 percentage points higher than a year earlier. The one-year Euribor is the main benchmark used to set interest rates on mortgage loans granted by Spanish credit institutions. The release also includes other official benchmarks used for mortgage lending and contractual replacement purposes. June readings put Euribor at 1.992% for one week, 2.146% for one month, 2.339% for three months and 2.596% for six months, while the five-year interest rate swap stood at 2.823%. The Bank of Spain also published €STR-based official reference rates ranging from 1.956% for one year to 2.182% for one week. Mibor was 2.798% and continues to be published only for transactions formalized before Jan. 1, 2000. These official reference rates become valid once they are published in Spain’s Official State Gazette, which the Bank of Spain said usually occurs a few days after their release.
Bank of Spain2026-07-01
Bank of Spain publishes June mortgage reference rates with one year Euribor at 2.798%
The Bank of Spain published June 2026 official mortgage reference rates, with the one-year Euribor at 2.798%. That was slightly below May’s 2.804% but 0.717 percentage points above its level a year earlier. The release also included other Euribor tenors, €STR-based rates, a five-year interest rate swap of 2.823%, and Mibor at 2.798% for legacy contracts.