Three-month interbank offered rate dips to 2.29 ppa on Tuesday

Romania's three-month interbank offered rate ROBOR, which is used for pricing floating rate consumer loans in RON, dropped on Tuesday to 2.98 ppa from 2.40 ppa on May 30, the National Bank of Romania (BNR) informed.Early in 2019 the three-month ROBOR was 2.99 ppa, and at the beginning of this year it stood at 3.19 ppa. On June 3, 2019 the benchmark interest rate was 3.24 ppa.The 6-month index that is used for pricing floating rate mortgage loans ...

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