Key policy rate

In Norway, the key policy rate is the interest rate on banks' deposits up to a quota in Norges Bank.

This interest rate is also called the sight deposit rate. Changes in Norges Bank's key policy rate will normally have a strong impact on short-term money market rates and on banks' deposit and lending rates.

Projections for the key policy rate

The chart below shows projections for the key policy rate in the latest Monetary Policy Report with financial stability assessment. The chart is updated simultaneously with the publication of the report.

key policy rate

The data are available in the Monetary Policy Report with financial stability assessment

Changes in the key policy rate take effect from the first business day after the interest rate decision is announced.