F-loans and F-deposits
Norges Bank uses market operations, called “F-loans” and “F-deposits”, to manage the quantity of reserves in the banking system. In order to participate in F-loan and F-deposit auctions, counterparties must have registered users and access to the F-auction system.
Auction announcements
F-deposit with floating interest rate - Auction no 10781
28 October 2025
Offer of F-deposit with floating interest rate
with a term from 28.10.2025 to 31.10.2025
and a bidding deadline of 15:50 on 28.10.2025.
Ordinary auction and open bid volume.
Lowest volume per bid is NOK 10 million.
Go to Norges Bank's website to submit a bid.
Results
F-deposit with floating interest rate, 22 October 2025 - Auction no 10780
F-auction
22 October 2025. Result of F-deposit with floating interest rate with a term from 22.10.2025 to 28.10.2025.
- Bid volume
- NOK 95125 million
- Allotment volume
- NOK 81000 million
- Allotment at the marginal rate
- 84.68%
Rates at auction
- Highest accepted interest rate
- 4.00%
- Lowest accepted interest rate
- 3.95%
- Weighted average interest rate
- 4.00%
* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.
F-deposit with floating interest rate, 17 October 2025 - Auction no 10779
F-auction
17 October 2025. Result of F-deposit with floating interest rate with a term from 17.10.2025 to 22.10.2025.
- Bid volume
- NOK 101400 million
- Allotment volume
- NOK 83000 million
- Allotment at the marginal rate
- 81.38%
Rates at auction
- Highest accepted interest rate
- 4.00%
- Lowest accepted interest rate
- 3.98%
- Weighted average interest rate
- 4.00%
* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.
F-deposit with floating interest rate, 16 October 2025 - Auction no 10778
F-auction
16 October 2025. Result of F-deposit with floating interest rate with a term from 16.10.2025 to 17.10.2025.
- Bid volume
- NOK 63960 million
- Allotment volume
- NOK 53000 million
- Allotment at the marginal rate
- 82.55%
Rates at auction
- Highest accepted interest rate
- 4.00%
- Lowest accepted interest rate
- 3.99%
- Weighted average interest rate
- 4.00%
* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.
F-deposit with floating interest rate, 15 October 2025 - Auction no 10777
F-auction
15 October 2025. Result of F-deposit with floating interest rate with a term from 15.10.2025 to 16.10.2025.
- Bid volume
- NOK 58700 million
- Allotment volume
- NOK 46000 million
- Allotment at the marginal rate
- 77.89%
Rates at auction
- Highest accepted interest rate
- 4.00%
- Lowest accepted interest rate
- 3.98%
- Weighted average interest rate
- 4.00%
* If the sight deposit rate is changed during the term of the operation, the banks' accepted interest rate will be changed accordingly.
F-loan in USD
There are currently no upcoming auctions in USD
Contact
General questions:
Domestic Markets Unit in the Markets Department
Tel. +47 22 31 61 60
Technical questions:
Tel. +47 22 31 65 55