On Wednesday the 12-month Euribor rate dropped to 1.497 percent, while the three-month rate fell to 1.085 percent.
The historically low rates are a result of a massive loan granted by the European Central Bank (ECB) last week to some 1,000 euro region banks.
The ECB pumped 442 billion euros into European money markets at a flat one percent rate in a move to help unblock credit markets.