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A sports betting company has launched a special offer on the 3-month ROBOR index, with punters betting that the 3-month index will reach 3.5% by July 31 and will reach by the end of the year the threshold
The halls of ROBOR bets: What are the gains for the 3 month index
offers a 1.40 gain rate for people who bet that ROBOR at 3 months will reach 3.5% by the time the end of July and 2.75 for those who predict that the index will not reach this threshold until July 31st.
Bettors who choose to rely on the fact that ROBOR will reach 4% by December 31, 2018, will have gains of 2.5 shares, and those wagering that it will will not reach this level, will have a rate of 1.5.
Government The actor of the NBR, Mugur Isarescu, said early July that the ROBOR index is influenced by the market reaction, the excessive media coverage of the subject and the disappearance of liquidity in the market – from this strictly fiscal point of view; postponement of money in circulation. "The decisions are not ours, they are market decisions," said Mugur Isarescu, governor of the BNR.
Tuesday, the ROBOR index at 3 months, according to which the cost of consumer loans in variable interest The value of 3.42% against 3.35% recorded a week ago.
ROBOR represents the average interest rate at which Romanian banks borrow from each other in lei. The index is set daily as the arithmetic average of the quoted rates of 10 banks selected by the National Bank
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