Norges Bank publishes figures on the policy rate, Nowa, Treasury bills and government bonds.
Figures are updated at 9 am on the first business day after the quotation day.
The policy rate (sight deposit rate) is Norges Bank's most important monetary policy instrument.
Compounded Nowa averages
The Nowa1m (Nowa average 1m), Nowa3m (Nowa average 3m) and Nowa6m (Nowa average 6m) are compounded averages of the Nowa (Norwegian Overnight Weighted Average) rate for reference periods of 1, 3 and 6 months respectively.
The Nowa compounded index (Nowai)
The Nowai (Nowa index) is an index representing the cumulative return on an investment earning daily compound interest at the Nowa (Norwegian Overnight Weighted Average) rate.
Treasury bills are government securities, with an original maturity of less than one year. A bond is an interest-bearing security with an original maturity of more than 1 year.
Zero coupon yields
Data published daily after 9.00 a.m. The published zero coupon yields are estimated values based on observed effective yields on Norwegian Treasury bills (zero coupon securities) and government bonds (coupon securities).
- Daily data (xlsx)
- Daily data (csv)
- Monthly average (xlsx)
- Monthly average (csv)
- Annual average (xlsx)
- Annual average (csv)
- Nowa: +47 22 31 71 70
- Key interest rate: +47 22 31 71 70
- Treasury bills: +47 22 31 71 40
- Government bonds: +47 22 31 71 40