The six-month ROBOR used in calculating variable interests for mortgage loans in lei, fell to 7.30% on Tuesday from 7.34% on Monday.
The twelve-month ROBOR index, which represents the interest rate paid on loans in lei attracted by commercial banks from other commercial banks for a twelve-month period, decreased to 7.67% a year on Tuesday from 7.69% 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, grew to 5.71% starting January 1, 2023 from 4.06% at end-2022. The 5.71% level is computed based on data of the third quarter of 2022.