Norges Bank

Press release

Changes to the rules on collateral for loans from Norges Bank

Norges Bank has approved the changes to the rules on collateral for loans. The changes will apply from 1 March 2016.

The changes are described in consultation letter of 3 September 2015.

In Norges Bank's letter of 3 September 2015, it was stated that the new rules would apply from 11 January 2016. The precondition was that a new system for the posting of banks' collateral for loans from Norges Bank would according to plan be implemented in December 2015 and that the new rules would apply within a short period thereafter. For technical reasons, the implementation of the new system was moved forward to 2016. As a result, the new rules will first apply from 1 March 2016.

Contact:

Press telephone: +47 21 49 09 30
Email: presse@norges-bank.no

Published 8 January 2016 10:00