The 3-month ROBOR index, based on which the cost of consumer loans in RON with variable interest is calculated, fell on Thursday to 7.94% per year, from 7.96% per year, the day before, according to the data published by the National Bank of Romania (BNR), Agerpres reports.

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 RON with variable interest, dropped to 8.13% per year, from 8.15% per year, previously, and the 12-month ROBOR was quoted at 8, 31% per year, compared to 8.33% per year on Wednesday.

Regarding the reference index for consumer loans (IRCC), regulated by OUG 19/2019, it is 4.06% per year, being calculated as the arithmetic average of the daily interest rates of interbank transactions from the second quarter of 2022, an increase compared to the one published three months ago, of 2.65%.

In May 2019, OUG 19/2019 entered into force, which modifies the way in which the rate is calculated for loans in RON with variable interest. Thus, Ordinance 19/2019 established the reference index for consumer loans (IRCC), calculated quarterly exclusively based on interbank transactions.

Agerpres