Change in the IR dataset for Nowa rates in Norges Bank's data warehouse
Nowa (Norwegian Overnight Weighted Average) data series will only be available from the SHORT_RATES data set and will be removed from the IR data series from 1 December 2023.
NOWA data series have been available in our data warehouse in two different datasets, the IR dataset and the newer SHORT_RATES dataset.
The SHORT_RATES dataset was established in January 2020 when Norges Bank took over as administrator of Nowa. The dataset contains data series for Nowa interest rate, volume, index, and Compounded Nowa averages.
The IR dataset has only had time series for interest rate and volume, but unlike SHORT_RATES, there are also historical Nowa interest rates and volume produced from 2011 until 2020.
Now, all historical data for Nowa has been migrated into the SHORT_RATES dataset, which is now complete, and the Nowa data series in the IR dataset will thus be removed.
The two datasets are fundamentally the same, so in most cases, it will be sufficient to replace "IR" with "SHORT_RATES" in the URL to the data warehouse API.
Example:
Old URL to be discontinued: https://data.norges-bank.no/api/data/IR/.NOWA
URL that persists: data.norges-bank.no/api/data/SHORT_RATES/.NOWA
Users of Norges Bank’s data warehouse must start using the new URL by 1 December 2023.
Questions? Contact: data@norges-bank.no