Three-month interbank offered rate dips to 6.72 ppa on Wednesday

Romania's three-month interbank offered rate ROBOR, which is used for pricing floating rate consumer loans in RON, dipped on Wednesday to 6.72 ppa from 6.75 ppa in the previous session, the National Bank of Romania informed.

In early 2025, the three-month ROBOR was 5.92 ppa, but kept advancing steadily from 6.08 ppa on May 6.

The 6-month index that is used for pricing floating rate mortgage loans moved down to 6.85 ppa from 6.89 ppa on the day before, and the 12-month ROBOR dropped to 6.99 ppa from 7.01 ppa.

The Consumer Credit Reference Index (IRCC) regulated by Emergency Ordinance No. 19/2009 is 5.55 ppa, in line with the previous quarter; the index is calculated as the arithmetic average of the daily interest rates of interbank transactions in Q1 2025.