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
There are currently no upcoming auctions.
Results
F-deposit with floating interest rate, 2 September 2025 - Auction no 10761
F-auction
2 September 2025. Result of F-deposit with floating interest rate with a term from 02.09.2025 to 09.09.2025.
- Bid volume
- NOK 107226 million
- Allotment volume
- NOK 100000 million
- Allotment at the marginal rate
- 93.21%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.20%
- Weighted average interest rate
- 4.25%
* 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, 1 September 2025 - Auction no 10760
F-auction
1 September 2025. Result of F-deposit with floating interest rate with a term from 01.09.2025 to 02.09.2025.
- Bid volume
- NOK 85559 million
- Allotment volume
- NOK 71000 million
- Allotment at the marginal rate
- 82.75%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.20%
- Weighted average interest rate
- 4.25%
* 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, 29 August 2025 - Auction no 10759
F-auction
29 August 2025. Result of F-deposit with floating interest rate with a term from 29.08.2025 to 01.09.2025.
- Bid volume
- NOK 157514 million
- Allotment volume
- NOK 147000 million
- Allotment at the marginal rate
- 88.93%
Rates at auction
- Highest accepted interest rate
- 4.25%
- Lowest accepted interest rate
- 4.20%
- Weighted average interest rate
- 4.25%
* 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