3-month ROBOR Index soars to 2.82pc, highest level this year. All indices up

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The 3-month ROBOR Index, depending on which the cost of variable-yield loans is calculated, has continued to grow on the interbank market on Tuesday, reaching 2.82% per annum, up from 2.79% on Friday, the National Bank of Romania (BNR) informs. It is the highest level this year.

A higher level was registered on October 14, 2014, of 2.89% per year. Early this year the index was 2.05%, in the similar period of last year of 0.87%.

The 6-month ROBOR Index, used to calculate the mortgage loans, soared to 2.95%, up from 2.92% in the past session.

The 9-month ROBOR Index, meaning the interest rate paid for loans in national currency attracted by commercial banks from other commercial banks, has increased by 0.2 percentage points, to 3% per annum.

The 12-month ROBOR Index has reached 3.05% on Tuesday, up from 3.03% last Friday.

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