NBR's Reference Rate


NBR Circular no. 3/2002 regarding the NBR's reference rate, applied starting with February 2002

Pursuant to Law No. 101/1998 - The NBR Statute and the recent monetary and macroeconomic developments, the NBR's Board of Directors decides the following:

  1. Starting 1 February 2002, provisions on the official discount rate set forth in Circular No. 11/1198 regarding the interest rates applied by the NBR are repealed.
  2. As from the same date the NBR's reference rate shall be calculated on a monthly basis and shall be made public on the first working day of every month via NBR circulars.
  3. The NBR reference interest rate calculated for February is 34.6 percent per year.

Government Ordinance no. 13/2011 (Romanian only)