Norges Bank

Nowa data

Nowa (Norwegian Overnight Weighted Average) is the interest rate on unsecured NOK loans between banks that are active in the Norwegian overnight market.

Nowa - daily

Nowa is calculated for all Norwegian banking days and published on Norges Bank’s website on the following banking day at 9 am.

Compounded Nowa averages

The Nowa1m (Nowa average 1m), Nowa3m (Nowa average 3m) and Nowa6m (Nowa average 6m) are compounded averages of the Nowa rate for reference periods of 1, 3 and 6 months respectively.

Nowa calculator

The Nowa calculator is intended to be an aid in calculating the compounded Nowa rate in order to increase the understanding of how the periodic Nowa rate is calculated.