The three-month ROBOR index, which is used to calculate the cost of consumer loans in lei with variable interest rates, rose on Friday to 7.39% per year, up from 7.29% in the previous session, according to data published by the National Bank of Romania (BNR).

The last time the three-month ROBOR index was higher was on January 13, 2023, when it stood at 7.40%. At the beginning of this year, the index was 5.92% per year, but it began to rise on May 6, two days after the first round of the presidential election, reaching 6.08% per year.

The six-month ROBOR index, used to calculate interest on variable-rate mortgage loans in lei, increased on Friday to 7.48%, from 7.39% in the previous session, while the 12-month ROBOR index rose to 7.53%, from 7.44%.

As for the reference index for consumer loans (IRCC), regulated by Emergency Ordinance 19/2019, it stands at 5.55% per year, calculated as the arithmetic average of daily interest rates of interbank transactions from Q4 2024, a decrease compared to the previous quarter’s rate of 5.66%.

AGERPRES