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, 17 September 2025 - Auction no 10767

F-auction

17 September 2025. Result of F-deposit with floating interest rate with a term from 17.09.2025 to 18.09.2025.

Bid volume
NOK 39730 million
Allotment volume
NOK 30000 million
Allotment at the marginal rate
75.06%
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, 16 September 2025 - Auction no 10766

F-auction

16 September 2025. Result of F-deposit with floating interest rate with a term from 16.09.2025 to 17.09.2025.

Bid volume
NOK 36970 million
Allotment volume
NOK 24000 million
Allotment at the marginal rate
63.46%
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 with floating interest rate, 15 September 2025 - Auction no 10765

F-auction

15 September 2025 Result of fine-tuning F-loan with floating interest rate with a term from 15.09.2025 to 16.09.2025 No bids were received in today's auction. No result is available.

F-deposit with floating interest rate, 11 September 2025 - Auction no 10764

F-auction

11 September 2025. Result of F-deposit with floating interest rate with a term from 11.09.2025 to 15.09.2025.

Bid volume
NOK 125960 million
Allotment volume
NOK 117000 million
Allotment at the marginal rate
92.81%
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 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