Norges Bank

Auction calendar for F-auctions with non-standard settlement dates (t+2)* and/or terms

Please note that this is not a complete auction calendar. For more information on F-loans with non-standard settlement date, see Norges Bank Circular 5/2016.

Auction calendar for extraordinary F-loans

For more information see the press release 14 August 2020

Bids must be submitted by 15:00 pm

Auction type Auction date Settlement date Maturity date Comment
F-loan 1 week 19.08.2020 19.08.2020 26.08.2020 Policy rate + 0 %
F-loan 1 year 26.08.2020 26.08.2020 26.08.2021 Policy rate + 0,3 %
F-loan 3 mnd. 11.09.2020 11.09.2020 11.12.2020 Policy rate + 0,15 %
F-loan 3 month 14.10.2020 14.10.2020 13.01.2021 Policy rate + 0,15 %
F-loan 3 month 11.11.2020 11.11.2020 10.02.2021 Policy rate + 0,15 %
F-loan 3 month 11.12.2020 11.12.2020 12.03.2021 Policy rate + 0,15 %

Auction calendar

Auction Type  Auction date Settlement date Maturity date Comment
F-loan 11.09.2020 15.09.2020   Tax
F-loan** 30.09.2020 30.09.2020 01.10.2020 Quarter-end
F-loan 08.10.2020 12.10.2020   VAT
F-loan 12.11.2020 16.11.2020   Tax
F-loan 08.12.2020 10.12.2020   VAT
F-loan** 31.12.2020 31.12.2020 04.01.2021 Year-end

* Subject to change. The auction calendar is based on the annual structural liquidity forecast. Since there is considerable uncertainty regarding the forecast, the auction calendar may be changed during the year. An updated calendar is published every Monday and Thursday. Other auctions will have settlement t+0 and will follow the structural liquidity forecast.

** The interest rate is the key policy rate plus 15 basis points. Norges Bank will fully allot all bids. Bids must be submitted by 4:10 pm. Allotted reserves will not be withdrawn. All other market operations will be conducted as normal.

Edited 14 August 2020 12:00
Edited 14 August 2020 12:00