The 3-month ROBOR index, which is used to calculate the cost of variable interest rate consumer loans in lei, dropped on Monday to 7.26%, from 7.39% per year in the previous session, according to data published by the National Bank of Romania (BNR).

At the beginning of this year, the index stood at 5.92% per year, but it began to rise starting May 6, two days after the first round of the presidential elections, reaching 6.08% per year.

The 6-month ROBOR index, used to calculate interest rates on variable-rate mortgage loans in lei, fell on Monday to 7.37% from 7.48% in Friday’s session, while the 12-month ROBOR decreased to 7.44% from 7.53%.

As for the Consumer Credit Reference Index (IRCC), regulated by Emergency Ordinance 19/2019, it currently stands at 5.55% per year. This is calculated as the arithmetic average of daily interbank interest rates from Q4 2024, and marks a decrease from the previous quarter’s rate of 5.66%.

AGERPRES