Norges Bank

F-loans and F-deposits

Norges Bank uses market operations, called “F-loans” and “F-deposits”, to manage the quantity of reserves in the banking system. In order to participate in F-loan and F-deposit auctions, counterparties must have registered users and access to the F-auction system. 

Auction announcements

There are currently no upcoming auctions.

Results

F-deposit with floating interest rate, 3 May 2024 - Auction no 10578

F-auction

3 May 2024. Result of F-deposit with floating interest rate with a term from 03.05.2024 to 08.05.2024.

Bid volume
NOK 138500 million
Allotment volume
NOK 82000 million
Allotment at the marginal rate
31.10%
Rates at auction
Highest accepted interest rate
4.50%
Lowest accepted interest rate
4.45%
Weighted average interest rate
4.49%

* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.

F-deposit with floating interest rate, 2 May 2024 - Auction no 10577

F-auction

2 May 2024. Result of F-deposit with floating interest rate with a term from 02.05.2024 to 03.05.2024.

Bid volume
NOK 65700 million
Allotment volume
NOK 57000 million
Allotment at the marginal rate
65.20%
Rates at auction
Highest accepted interest rate
4.50%
Lowest accepted interest rate
4.49%
Weighted average interest rate
4.49%

* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.

F-deposit with floating interest rate, 30 April 2024 - Auction no 10576

F-auction

30 April 2024. Result of F-deposit with floating interest rate with a term from 30.04.2024 to 02.05.2024.

Bid volume
NOK 56050 million
Allotment volume
NOK 47000 million
Allotment at the marginal rate
46.76%
Rates at auction
Highest accepted interest rate
4.50%
Lowest accepted interest rate
4.44%
Weighted average interest rate
4.48%

* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.

F-loan in USD

There are currently no upcoming auctions in USD

Contact

General questions:
Domestic Markets Unit in the Markets Department
Tel. +47 22 31 61 60

Technical questions:
Tel. +47 22 31 65 55