Mortgage loans in CHF
Do you have a loan in francs? See how we can help you.
Bank Millennium prepared a number of solutions available for the Swiss franc borrowers.
Current reference rates
The Bank shall update the information below on a monthly basis, by 9:30 a.m. of the first working day of the month.
In order to find out what the reference rate is, which underlies the interest rate on your loan, select the date when your loan agreement was concluded:
Agreements concluded up to 29.02.2004
| Loan currency | Reference rate | Amount |
|---|---|---|
| CHF | SAR3MC + correction (previously LIBOR CHF 6M)* | 1,2734% |
| PLN | WIBOR 3M | 5,7700% |
| EUR | EURIBOR 6M | 2,6950% |
Agreements concluded during 01.03.2004 - 31.12.2004
| Loan currency | Reference rate | Amount |
|---|---|---|
| CHF | SAR3MC + correction (previously LIBOR CHF 6M)* | 1,0951% |
| PLN | WIBOR 3M | 5,8500% |
| EUR | EURIBOR 6M | 2,6950% |
Agreements concluded during 01.01.2005 - 30.06.2010
| Loan currency | Reference rate | Amount |
|---|---|---|
| CHF | SAR3MC + correction (previously LIBOR CHF 3M)* | 1,2024% |
| PLN | WIBOR 3M | 5,8500% |
| USD | LIBOR USD 3M | 4,8537% |
| EUR | EURIBOR 3M | 3,2790% |
Loans granted in PLN - agreements concluded by Euro Bank S.A. (whose legal successor is Bank Millennium S.A.) during 11.08.2007 - 15.05.2015
| Loan currency | Reference rate | Amount |
|---|---|---|
| PLN | WIBOR 3M | 5,86% |
Loans granted in CHF - agreements concluded by Euro Bank S.A. (whose legal successor is Bank Millennium S.A.)
| Loan currency | Reference rate | Amount |
|---|---|---|
| CHF | SAR3MC + correction (previously LIBOR CHF 3M)* | 1,21% |
Loans granted in PLN - agreements concluded by Euro Bank S.A. (whose legal successor is Bank Millennium S.A.) during 16.05.2015 - 08.11.2019
| Month of payment of first loan instalment | Reference rate | Amount |
|---|---|---|
| January, April, July, October | WIBOR 3M | 5,86% |
| February, May, August, November | WIBOR 3M | 5,85% |
| March, June, September, December | WIBOR 3M | 5,85% |
Loans granted in PLN – agreements concluded from 01.07.2010 as well as annexes regarding change of loan currency to PLN*
| Month of concluding the loan agreement | Reference rate | Amount |
|---|---|---|
| January, April, July, October | WIBOR 3M | 5,8500% |
| February, May, August, November | WIBOR 3M | 5,8500% |
| March, June, September, December | WIBOR 3M | 5,8500% |
* From 1 January 2022 in place of to-date LIBOR CHF 3M and LIBOR CHF 6M reference rates SAR3MC (ISIN CH0477123902) shall be applied plus a fixed adjustment spread as stated in the Regulation, i.e.:
- LIBOR CHF 3M – the replacement is SAR3MC plus a fixed spread adjustment of 0,0031%
- LIBOR CHF 6M – the replacement is SAR3MC plus a fixed spread adjustment of 0,0741%
Legal basis: Commission Implementing Regulation (EU) 2021/1847 of 14 October 2021 on the designation of a statutory replacement for certain settings of CHF LIBOR
** The WIBOR 3M reference rate, on the basis of which the Bank calculates the interest rate on the loan for next 3 months of validity of the mortgage loan agreement changes in 3-month cycles on the same day of the month, on which the Agreement was signed. For purposes of calculation of the interest rate, valid for the next 3 months, the Bank takes the value of the WIBOR 3M reference rate from the last working day of the month preceding the month, in which its change takes place.
Note: In the month, in which the loan interest rate is changed due to the end of another 3-month cycle, the interest rate is calculated as follows:
- from the 1st day of the month until the day of change of the interest rate an interest rate applies, which is based on the WIBOR 3M rate, valid for the previous 3-month cycle;
- from the next day of the month after the day of change of interest rate till the last day of the month an interest rate shall apply, which is based on the new WIBOR 3M rate, valid in the next 3-month cycle.
Loans granted in PLN – agreements concluded from 01/01/2022***
| Month of concluding the loan agreement | Reference rate | Amount |
|---|---|---|
| January, July | WIBOR 6M | 5,8600% |
| February, August | WIBOR 6M | 5,8700% |
| March, September | WIBOR 6M | 5,8600% |
| April, October | WIBOR 6M | 5,8500% |
| May, November | WIBOR 6M | 5,8400% |
| June, December | WIBOR 6M | 5,7900% |
***The WIBOR 6M reference rate, on the basis of which the Bank calculates the interest rate on the loan for next 6 months of validity of the mortgage loan agreement changes in 6-month cycles on the same day of the month, on which the Agreement was signed. For purposes of calculation of the interest rate, valid for the next 6 months, the Bank takes the value of the WIBOR 6M reference rate from the last working day of the month preceding the month, in which its change takes place.
Note: In the month, in which the loan interest rate is changed due to the end of another 6-month cycle, the interest rate is calculated as follows:
- from the 1st day of the month until the day of change of the interest rate an interest rate applies, which is based on the WIBOR 6M rate, valid for the previous 6-month cycle;
- from the next day of the month after the day of change of interest rate till the last day of the month an interest rate shall apply, which is based on the new WIBOR 6M rate, valid in the next 6-month cycle.
