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 November 2025 - Auction no 10789
F-auction
17 November 2025. Result of F-deposit with floating interest rate with a term from 17.11.2025 to 18.11.2025.
- Bid volume
- NOK 34200 million
- Allotment volume
- NOK 22000 million
- Allotment at the marginal rate
- 60.65%
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, 14 November 2025 - Auction no 10788
F-auction
14 November 2025. Result of F-deposit with floating interest rate with a term from 14.11.2025 to 17.11.2025.
- Bid volume
- NOK 153705 million
- Allotment volume
- NOK 128000 million
- Allotment at the marginal rate
- 82.97%
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, 11 November 2025 - Auction no 10787
F-auction
11 November 2025. Result of F-deposit with floating interest rate with a term from 11.11.2025 to 14.11.2025.
- Bid volume
- NOK 168875 million
- Allotment volume
- NOK 146000 million
- Allotment at the marginal rate
- 86.19%
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