29.2 C
September 30, 2022

Three-month interbank offered rate hits 3.09 pct on Friday

Romania’s three-month interbank offered rate ROBOR, which serves as benchmark for floating-rate loans in lei, climbed on Friday by 0.14 percent, reaching 3.09 percent per year, from Thursday’s rate of 2.95, being the highest level of the last three years and eight months, shows data of the National Bank of Romania (BNR).

A higher ROBOR on record was the 3.10 percent registered on September 30, 2014, shows data of the National Bank of Romania.

According to central bank data, early this year the three-month ROBOR was 2.05 percent, whereas in the similar period last year, 22 June 2017, it was 0.83 percent.

As regards the 6-month ROBOR that is used for pricing mortgage loans leapt to 3.16 percent, from 3.07 percent on Thursday. The 9-month ROBOR, a measure of what banks charge each other for loans, went up to 3.20 percent from 3.12 percent, while the 12-month ROBOR hit 3.27 percent, from 3.17 percent on Thursday.

Related posts

Central bank expects year-end inflation of -0.4 pct, down from May’s estimate of 0.6 pct

Nine O' Clock

Colliers: Oana Stamatin appointed as ESG Chief Officer, Central and Eastern Europe


Wop, wop, wop! Golin wins three awards at the SABRE Awards EMEA 2022 and is a finalist in the CEE Department of the Consultant of the Year