Financial turbulence and Norges Bank

The financial turbulence was triggered by problems in the US subprime housing market in August 2007, but gained momentum in autumn 2008.

With a view to curbing the effects of the turbulence Norges Bank has implemented a range of measures to boost liquidity in the banking system. Norges Bank has provided loans with maturities that are longer than normal and has expanded the list of eligible bank collateral for loans.

Published 29 January 2009 14:57