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, 21 September 2023 - Auction no 10484

F-auction

21 September 2023. Result of F-deposit with floating interest rate with a term from 21.09.2023 to 25.09.2023.

Bid volume
NOK 6430 million
Allotment volume
NOK 6000 million
Allotment at the marginal rate
72.35%
Rates at auction
Highest accepted interest rate
4.00%
Lowest accepted interest rate
3.97%
Weighted average interest rate
3.99%

* 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, 20 September 2023 - Auction no 10483

F-auction

20 September 2023. Result of F-deposit with floating interest rate with a term from 20.09.2023 to 21.09.2023.

Bid volume
NOK 2604 million
Allotment volume
NOK 2604 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
3.98%
Lowest accepted interest rate
3.97%
Weighted average interest rate
3.97%

* 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, 19 September 2023 - Auction no 10482

F-auction

19 September 2023. Result of F-loan with floating interest rate with a term from 19.09.2023 to 20.09.2023.

Bid volume
NOK 15000 million
Allotment volume
NOK 15000 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.00%
Lowest accepted interest rate
4.00%
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 with floating interest rate, 18 September 2023 - Auction no 10481

F-auction

18 September 2023. Result of F-loan with floating interest rate with a term from 18.09.2023 to 19.09.2023.

Bid volume
NOK 37100 million
Allotment volume
NOK 37100 million
Allotment at the marginal rate
100.00%
Rates at auction
Highest accepted interest rate
4.02%
Lowest accepted interest rate
4.00%
Weighted average interest rate
4.01%

* 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