ROBOR, EURIBOR, LIBOR – diferențe esențiale explicate de directorul juridic al BNR, Alexandru Petrescu - Economica.net

The article discusses the differences between monetary market indices, specifically ROBOR, EURIBOR, and LIBOR, emphasizing their distinct methodologies and governance. It highlights that while LIBOR and EURIBOR faced sanctions for manipulation, ROBOR operates under a regulated framework managed by the central bank, making direct comparisons misleading. The determination process for ROBOR involves a structured fixing mechanism that ensures transparency and reflects market conditions. In contrast, EURIBOR relies on a hybrid methodology prioritizing actual transactions, while LIBOR was based on banks' estimates without mandatory trading obligations. These differences necessitate separate analyses for each index.