The rate stood at 5.99% a year in early June 2022, as compared to 5.01% in early May and 4.60% a year in early April 2022.
The three-month ROBOR has skyrocketed over 100% since the beginning of 2022.
The six-month ROBOR used in calculating variable interests for mortgage loans in lei, grew to 6.41% on Tuesday from 6.39% on Monday.
The trend of the ROBOR index is impacted by several factors among which the central bank’s monetary policy, the market liquidity, inflation and tax policy.
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, was set at 1.86% for the second quarter of 2022. The IRCC is computed as a daily mean based on interest rates of all interbank transactions, representing the weighted mean of transactions. The IRCC, the reference index for household mortgage and consumer loans, was introduced in May 2019 to better reflect the situation on the banking market.