Norges Bank

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 July 2025 - Auction no 10743

F-auction

2 July 2025. Result of F-deposit with floating interest rate with a term from 02.07.2025 to 03.07.2025.

Bid volume
NOK 39300 million
Allotment volume
NOK 39300 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.24%
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 July 2025 - Auction no 10742

F-auction

1 July 2025. Result of F-deposit with floating interest rate with a term from 01.07.2025 to 08.07.2025.

Bid volume
NOK 121060 million
Allotment volume
NOK 121060 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.24%
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 with fixed interest rate, 30 June 2025 - Auction no 10740

F-auction

30 June 2025 Result of quarter-end F-loan with fixed interest rate with a term from 30.06.2025 to 01.07.2025 No bids were received in today's auction. No result is available.

F-deposit with floating interest rate, 30 June 2025 - Auction no 10741

F-auction

30 June 2025. Result of F-deposit with floating interest rate with a term from 30.06.2025 to 01.07.2025.

Bid volume
NOK 4865 million
Allotment volume
NOK 4865 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.23%
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, 27 June 2025 - Auction no 10739

F-auction

27 June 2025. Result of F-deposit with floating interest rate with a term from 27.06.2025 to 01.07.2025.

Bid volume
NOK 87600 million
Allotment volume
NOK 87600 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.25%
Lowest accepted interest rate
4.23%
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