The Bank of Spain confirms that the Euribor closed March in the … – Yahoo Finance Spain

MADRID, 1 (IRIN)

The Euribor, which are referenced index at most Spanish mortgages, closed March at a record low of 0.212%, as confirmed by the Bank of Spain.

The institution headed by Luis María Linde recalled that the index fell in March to 0.212% from 0.255% last month. Drawing on the past 12 months, the index recorded a decrease of 0.365 points.

This fall, people with a mortgage of 120,000 euros to 25 years with a Euribor + 2% rate would see its share is reduced by 21.73 per month, or what is the same, about 260 per year.

for the March data show a decrease to 0.212%, MIBOR, the interbank rate . one year serving official mortgage market reference for operations prior to January 1, 2000