Definition

Reference interest rates, sometimes called benchmark rates, are interest rates used as the basis for financial contracts, such as variable-rate mortgages or other bank loans.

Further information

Related concepts

• Annual Percentage Rate of Charge (APRC)
• Interest rates of Monetary Financial Institutions
• Fixed interest rate
• Nominal interest rate
• Variable interest rate
• Interest rate

Legal frame

• Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts[…].

Links to data tables

• Reference Interest Rates Tables.

Selection of tables

• Legal interest rates, Euribor, Mibor, and other official reference rates.
• Legal interest rates, Euribor, Mibor, and other official reference rates.
• Reference interest rates for the mortgage market (non-official) and other interest rates.
• Reference interest rates for the mortgage market (non-official) and other interest rates.

Update date: January 2025