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, 23 December 2025 - Auction no 10809

F-auction

23 December 2025. Result of F-deposit with floating interest rate with a term from 23.12.2025 to 30.12.2025.

Bid volume
NOK 173750 million
Allotment volume
NOK 168000 million
Allotment at the marginal rate
96.57%
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, 22 December 2025 - Auction no 10808

F-auction

22 December 2025. Result of F-deposit with floating interest rate with a term from 22.12.2025 to 23.12.2025.

Bid volume
NOK 14220 million
Allotment volume
NOK 7000 million
Allotment at the marginal rate
44.25%
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-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