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, 6 October 2025 - Auction no 10775

F-auction

6 October 2025. Result of F-deposit with floating interest rate with a term from 06.10.2025 to 10.10.2025.

Bid volume
NOK 122860 million
Allotment volume
NOK 114000 million
Allotment at the marginal rate
92.68%
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, 2 October 2025 - Auction no 10774

F-auction

2 October 2025. Result of F-deposit with floating interest rate with a term from 02.10.2025 to 06.10.2025.

Bid volume
NOK 121015 million
Allotment volume
NOK 113000 million
Allotment at the marginal rate
93.24%
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-deposit with floating interest rate, 1 October 2025 - Auction no 10773

F-auction

1 October 2025. Result of F-deposit with floating interest rate with a term from 01.10.2025 to 02.10.2025.

Bid volume
NOK 84450 million
Allotment volume
NOK 69000 million
Allotment at the marginal rate
81.39%
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