ROBOR declined for the second day in a row

0

Get real time updates directly on you device, subscribe now.

The 3-month ROBOR index, based on which the cost of consumer loans in lei with variable interest is calculated, dropped to 8.02% per year on Thursday, from 8.06% per year on Wednesday, according to information published by the National Bank of Romania (BNR). On Wednesday, the index fell from 8.14% to 8.06%, its first significant decline in 20 months.

A consecutive decline has not happened since June 2021. Then, the 3-month ROBOR fell on June 4 (Friday) to 1.50%, from 1.52% the previous day, and on June 7 (Monday) it fell again at 1.49%.

At the beginning of this year, the 3-month ROBOR index was 3.02% per annum. The 6-month index, used in the calculation of interest on mortgage loans in lei with variable interest, dropped to 8.19% per annum, from 8.21%, and the 12-month ROBOR reached 8.30% per annum, from 8.32% per annum on Wednesday.

Regarding the reference index for consumer loans (IRCC), regulated by GEO 19/2019, it is 2.65% per year, being calculated as the arithmetic average of the daily interest rates of interbank transactions from the first quarter of 2022, in increase compared to the one published three months ago, of 1.86%.

DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.
So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRL
UniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002

Leave A Reply

Your email address will not be published.