The index has been on a mainly downward tendency since the start of 2023.

By comparison, on January 3, the three-month index stood at 7.56%, from 7.57% on December 30, 2022. The maximum level the index reached in 2022 was 8.21%, in October 2022.

The three-month ROBOR continues to stay above the value of IRCC, which is used by banks to calculate interest rates for new mortgage and consumer loans taken out starting with the spring of 2019, which has risen to 5.71% since January 2023.

The six-month ROBOR was flat at 7.45%, while the 12-month index stands at 7.82%, from 7.84% at the end of last week.

(English version by Catalina Apostoiu)

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