The rate started December at 7.78% a year and then continued on a downward trend. It started 2022 at 3.02% a year.

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 six-month ROBOR used in calculating variable interests for mortgage loans in lei, fell to 7.84% from 7.87%, while the twelve-month ROBOR stayed at 8.10%.      

(English version by Loredana Fratila-Cristescu)