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, 22 January 2026 - Auction no 10825
F-auction
22 January 2026. Result of F-deposit with floating interest rate with a term from 22.01.2026 to 26.01.2026.
- Bid volume
- NOK 187567 million
- Allotment volume
- NOK 179000 million
- Allotment at the marginal rate
- 95.37%
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, 20 January 2026 - Auction no 10824
F-auction
20 January 2026. Result of F-deposit with floating interest rate with a term from 20.01.2026 to 22.01.2026.
- Bid volume
- NOK 184633 million
- Allotment volume
- NOK 178000 million
- Allotment at the marginal rate
- 96.37%
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, 19 January 2026 - Auction no 10823
F-auction
19 January 2026. Result of F-deposit with floating interest rate with a term from 19.01.2026 to 20.01.2026.
- Bid volume
- NOK 195123 million
- Allotment volume
- NOK 189000 million
- Allotment at the marginal rate
- 96.84%
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-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