Discount rate
Historical overview of Norges Bank's discount rate
Norges Bank has observations for Norges Bank's discount rate in the period 1850 to 1986. The observations were recorded at the end of each month. The Excel file contains an overview of the interest rate at the end of those months in which the interest rate differs from the rate at the end of the previous month.
Before 1 January 1893, the discount rate could vary a little from one branch of Norges Bank to another. The figures in this overview apply to Oslo.
Since 1 January 1987 Norges Bank does not set a discount rate (see press release). When Norges Bank's Executive Board decided that Norges Bank would no longer set a discount rate, it was decided at the same time that the Bank would not issue a statement regarding which interest rate should replace the discount rate as a basis of regulation for private banks or in other connections.
