Euribor at 5.432%

20.11.2008

The indicator most commonly used for the calculation of mortgages marked its second consecutive record high, when placed in a 5432%.
The mistrust prevailing in the interbank market has become the main scourge of Euribor, whose daily trading indigestársele re-mortgaged to the families, just after the European Central Bank (ECB) opened the door to a rise in interest rates next July.
The index in May completed his fourth consecutive month the rise in 4994%, a level that makes the mortgage average 644 euros per year.
The Euribor began trading in January 1999 and has oscillated between the daily minimum of 1929% in 2003 to mark the daily maximum of 5341% (August 2000).
That limit has been exceeded on Friday (5418%), on Monday (5429%) and today (5432%).

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