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FinMin Teodorovici says difference resulting from new benchmark based on interbank transactions, below ROBOR

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The difference between the new benchmark index based on interbank transactions is below what the ROBOR Romanian inter-bank offer rate is now, Minister of Public Finance Eugen Teodorovici told a news conference on Tuesday.
"The difference following this new benchmark calculated against interbank transactions is below what ROBOR is today. I believe today it is 2.60 while ROBOR is somewhere over 3.2, so it clearly is a drop. It is an application of this new formula for new loans, it may be an application for ongoing loans and then, based on rescheduling requests required by the banking procedure…

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