buyingabroad
Registered User
- Messages
- 159
Hi all,
I am currently putting funding in place for a small construction project.
Banks are quoting me a margin (say 2%) over and above Euribor.
Euribor is currently 4%. But then I see quotes for 1 month Euribor and 3 month Euribor. What is all this about? And what should I budget for when doing the maths on the project?
Many thanks.
I am currently putting funding in place for a small construction project.
Banks are quoting me a margin (say 2%) over and above Euribor.
Euribor is currently 4%. But then I see quotes for 1 month Euribor and 3 month Euribor. What is all this about? And what should I budget for when doing the maths on the project?
Many thanks.