Norges Bank

Nowa - annual

Nowa (Norwegian Overnight Weighted Average) is the interest rate on unsecured NOK loans between banks that are active in the Norwegian overnight market. Nowa is based on actual transactions reported on Norges Bank's RPD (money market data reporting) form.

Annual average of daily observations

Year Nowa Volum (mill NOK)
2021 0.08 21856
2020 0.35 18488
2019 1.16 15783
2018 0.58 18805
2017 0.49 17574
2016 0.56 15099
2015 1.04 14749
2014 1.48 12535
2013 1.50 12214
2012 1.55 13167

Norges Bank took over as the administrator of Nowa on 1 January 2020, and the principles for calculating and publishing Nowa were changed from the same date.