The three-month rate stood at 1.97% on Tuesday (Sept 15) and 1.98% on Monday (Sept 14), the first decline after seven days of stagnation at 1.99%.
The rate has remained constant at 1.99% from September 3 until September 11 (the end of last week).
On September 1 and 2, 2020, the rate was 2%.
The three-month rate has been on a downward trend since the beginning of 2020, when it reached 3.19% on January 3, 2020.
ROBOR is a monetary indicator used to calculate variable interests for loans in lei and interests for mortgage loans.
Loans in lei with variable interests, granted before May 2019, depend on the variations of the ROBOR index. The IRCC, which is defined as the quarterly average of interbank money market transactions, has replaced the ROBOR money market interest rate in the calculation of variable interests on new retail loans in lei, at the beginning of May 2019. Its initial vale was 2.36%, but subsequently, it had a fluctuating evolution.