In fact, the three-month rate has remained unchanged at 6.08% from February 20, 2024 until present.
The index started 2024 at 6.21%, against 7.56% in early 2023. The six-month ROBOR, used in calculating variable interests for mortgage loans in lei, also remained flat on Friday (March 8) at 6.11% and the 12-month ROBOR stayed at 6.12%.
On the other hand, IRCC, used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, stands at 5.97% per year for the first quarter of 2024.
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.