130614_SU_WOLF_VALLEY_GOLF_COMPETITION Golfing view with a new VW car.JPG

Euribor rates sink further

The Euribor 3-month rate, traditionally the main reference for company loans, has fallen by 0.002 percentage points to 0.655% on June 21, whilst the Euribor 6-month rate reached an all-time low of 0.929% (a drop of 0.001 percentage point), after not having increased for the past five sessions. According to the daily fixing results of the European Banking Federation, the 9- and 12-month Euribor rates remained unchanged at 1.077 and 1.214%, respectively.