It had increased slightly to 7.28% a year on Friday from 7.27% on Thursday, after a downward trend. The three-month ROBOR stood at 7.56% on January 3 and at 7.57% on December 30. The rate peaked at 8.21% in October 2022.
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, stayed at 7.54% on Monday, after having dropped to this level on Friday from the 7.55% on Thursday, while the twelve-month ROBOR stayed at 7.91%, the same as on Friday.
The IRCC, which is used by banks to calculate interest rates for new mortgage and consumer loans taken out starting with the spring of 2019, rose to 5.17% on January 1 from 4.06% at the end of 2022.
(English version by Loredana Fratila-Cristescu)