The three-month index has stayed at 6.40% a year since August 8, 2023, except for one day when it temporarily rose to 6.41%. It started 2023 at 7.56% a year after touching an all-time high over the course of 2022, reaching 8.21% in October.
The six-month ROBOR, used in calculating variable interests for mortgage loans in lei, dropped to 6.47% on Oct 24, from 6.49% on Oct 23.
The 12-month ROBOR index fell to 6.61% on Oct 24 from 6.63% on Oct 23.
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, stays below 6% until the end of 2023, at 5.96%, as announced by the country’s central bank for the fourth quarter of 2023 (computed based on data from the second quarter of 2023).