The index has in the past year declined from 6.55% to 6.03% as inflation has halved, sliding below 6%, and the liquidity surplus persists on the inter-banking market, reaching record peaks.

The 3-month ROBOR stayed for around two months at 6.04%-6.05%, but it cannot go lower.

The six-month ROBOR, used in calculating variable interests for mortgage loans in lei, was flat at 6.05%, while the 12-month ROBOR stagnated at 6.06%.

The three-month ROBOR started the year at 6.21%, while in early 2023 it stood at 7.56%.

(English version by Catalina Apostoiu)