Norwegian interest rates
Government bonds
Norwegian synthetic 3-, 5- or 10-year effective yields. Synthetic yields are calculated by weighting two Treasury bills with short and long remaining terms to maturity respectively. 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.
Source: Oslo Stock Exchange 4 p.m. Calculations by Norges Bank (Department for Market Operations and Analysis)
Annual average of daily quotes
| 3 year | 5 year | 10 year |
|---|
| 2009 | 2.71 | 3.33 | 4.00 |
| 2008 | 4.53 | 4.43 | 4.47 |
| 2007 | 4.79 | 4.77 | 4.78 |
| 2006 | 3.74 | 3.90 | 4.07 |
| 2005 | 2.90 | 3.27 | 3.74 |
| 2004 | 2.95 | 3.61 | 4.36 |
| 2003 | 4.24 | 4.58 | 5.04 |
| 2002 | 6.39 | 6.36 | 6.38 |
| 2001 | 6.44 | 6.31 | 6.24 |
| 2000 | 6.61 | 6.38 | 6.22 |
| 1999 | 5.39 | 5.39 | 5.52 |
| 1998 | 5.32 | 5.34 | 5.40 |
| 1997 | 4.62 | 5.12 | 5.89 |
| 1996 | 5.46 | 5.98 | 6.78 |
| 1995 | 6.36 | 6.89 | 7.43 |
| 1994 | 6.59 | 7.04 | 7.46 |
| 1993 | 6.54 | 6.62 | 6.86 |
| 1992 | 10.54 | 9.78 | 9.62 |
| 1991 | 10.05 | 9.91 | 9.99 |
| 1990 | 10.97 | 10.71 | 10.68 |
| 1989 | 10.93 | 10.81 | 10.86 |
| 1988 | 13.13 | 13.07 | 12.88 |
| 1987 | ND | 13.58 | 13.31 |
| 1986 | ND | 13.56 | 13.30 |
| 1985 | ND | ND | 12.91 |