This is the first increase after four consecutive days of downward trend for the three-month index.

In early 2022, the three-month rate was below 3%. 

The six-month ROBOR used in calculating variable interests for mortgage loans in lei, grew to 8.13% on Wednesday from 8.12% on Tuesday.   

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, inched up to 8.28% a year on Wednesday from 8.27% previously.

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, stands at 2.65% for the first quarter of 2022.

Subiecte #INCREASE#ROBOR