The current IRCC level was calculated on the basis of inter-banking deals of Q2/2024.

Thus, calculations do not yet reflect the benchmark interest rate cut by BNR from 7% to 6.75%.

At the same time, the three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, ended last week at 5.55%.

(English version by Catalina Apostoiu)