Compared with the same period of 2021, the three-month rate surged by 50.2%, per calculations by Ziarul Financiar (ZF) based on central bank data.
The three-month ROBOR mostly hovered at about 1.5%-2% between early 2021 and September and started to rise in October, beyond 2% and reaching about 3% in December, comparable levels to early 2020.
In the last day of 2021, December 31, the three-month ROBOR index stood at 3.01%, an increase of 0.66% on Thursday, December 30. It was 48.2% higher compared with the end of 2020.
Financial analysts expect the three-month ROBOR index to reach 3.22% a year over the next twelve months, according to a monthly poll carried by CFA Society Romania.
The six-month ROBOR used in calculating variable interests for mortgage loans in lei rose to 3.14% a year on Monday from the 3.13% on Friday.
The twelve-month ROBOR, which represents the interest rate paid on loans in lei attracted by commercial banks from other commercial banks for a twelve-month period, grew to 3.24% from 3.23% a year on Friday.
(English version by Loredana Fratila-Cristescu)