Yield on government bonds

Norwegian synthetic 3-, 5- or 10-year effective yields.

The synthetic three- and five-year yields are calculated by weighting two government bonds with shorter and longer residual maturity, respectively. The synthetic 10-year effective yield is calculated using linear extrapolation. Prices used are those most recently traded if the most recently traded price is within the spread. Otherwise, the price is equal to the bid or offer price closest to the most recently traded price. If no trading has taken place, the price is equal to the middle price.

Before 1993: The series contains annual effective yields payable in arrears on government bonds for 0-3 years, 3-6 years or more than 6 years. The yield was calculated as a weighted average of volume outstanding for government bonds with remaining terms to maturity of 0-3 years, 3-6 years and more than 6 years quoted on the Oslo Stock Exchange. Daily closing quotes (middle prices or traded prices).

NB: The period 6 March 1987 – 31 December 1989 contains weekly closing quotes.

Published 15 November 2011 12:43