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